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Sr. Director, Third Party Risk Management & Responsible Sourcing

Western Digital
San Jose, United Statesfull_timeVerifiedPosted 25 Jul 2024

About the role

Company Description

At Western Digital, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible.

At our core, Western Digital is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we’ve been doing just that. Our technology helped people put a man on the moon.

We are a key partner to some of the largest and highest growth organizations in the world. From energizing the most competitive gaming platforms, to enabling systems to make cities safer and cars smarter and more connected, to powering the data centers behind many of the world’s biggest companies and public cloud, Western Digital is fueling a brighter, smarter future.

Binge-watch any shows, use social media or shop online lately? You’ll find Western Digital supporting the storage infrastructure behind many of these platforms. And, that flash memory card that captures and preserves your most precious moments? That’s us, too.

We offer an expansive portfolio of technologies, storage devices and platforms for business and consumers alike. Our data-centric solutions are comprised of the Western Digital®, G-Technology™, SanDisk® and WD® brands.

Today’s exceptional challenges require your unique skills. It’s You & Western Digital. Together, we’re the next BIG thing in data.

Job Description

Responsibilities:

As the Senior Director of the Third-Party Risk Management (TPRM) and Responsible Sourcing, you will play a vital role in managing and optimizing supplier and operational programs that improve the bottom line. Your responsibilities will include developing and implementing strategic policies, and procedures to assess, onboard, monitor, and optimize third-party relationships as well as ensure Responsible Sourcing compliance and adherence to corporate initiatives. You will collaborate with cross-functional teams and stakeholders to drive these improvements, lead the change management, streamline processes, ensure compliance to enhance financial & business performance.

Responsible Sourcing:

Lead procurement initiatives to actively source products and services for the organization in an ethical, environmentally sustainable, and socially conscious way that complies with all regulatory and company requirements. You will support and collaborate with Operation’s Responsible Sourcing team to ensure alignment and initiatives meet corporate goals.

Third-Party Relationship Management:

Oversee the end-to-end lifecycle of third-party relationships, from initial vendor selection and due diligence to ongoing performance monitoring and evaluation. Establish strong partnerships with vendors, managing contracts, and service level agreements to ensure the organization's needs are met effectively.

Supply Chain Risk Resiliency:

Strengthen supply chain risk resiliency through strategic initiatives, technology, risk mitigation plans, policy implementation, and monitoring and reporting for compliance. This will require collaboration and working closely with key stakeholders including IT, Legal, Finance and Supply Chain / Procurement teams to ensure effective risk management and mitigation.

Procedures, Policies and Audits:

Ensure third-party risk management and responsible sourcing practices adhere to company policies and comply with relevant required regulations and standards. Work with cross-functional teams to ensure any issues or findings are addressed timely and then governed. Ensure policies and procedures stay current, accurate and complete.

Performance Monitoring and Evaluation:

Mature and digitalize performance metrics and key performance indicators (KPIs) to measure performance against contractual obligations, service level agreements, risk resiliency, and compliance requirements. Conduct vendor performance reviews, identifying areas for improvement, and implement any corrective actions necessary.

Qualifications

Qualifications:

• Bachelor's degree in business, management, or a related field (advanced degree preferred).

• Proven leadership and team management skills, with the ability to lead a team, drive results, and foster a collaborative work environment.

• Excellent communication and interpersonal skills, with the ability to effectively engage and influence stakeholders at all levels of the organization.

• Strong knowledge of industry best practices and emerging trends in third-party management, risk resiliency, governance processes, regulatory requirements and responsible sourcing.

• Strategic thinker with the ability to build and execute strategic plans and articulate vision to others, including executives.

• Strong analytical and problem-solv

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Company

Western Digital

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