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Executive Director, Global Procurement Third Party Risk Management

Bristol Myers Squibb
Full-time
Remote friendly (Princeton, NJ)
United States
Corporate Functions

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Role Summary

Executive Director of Global Procurement Third Party Risk Management (TPRM) responsible for defining, executing, and advancing the global TPRM strategy, processes, and technology for GxP goods and services, ensuring alignment with policies, systems, and regulatory requirements. Leads the Functional TPRM Operations team and drives continuous improvement, escalation management, and collaboration with Corporate Ethics & Compliance across all business units.

Responsibilities

  • Strategy Development and Leadership: Set and communicate a global vision, develop and execute a comprehensive TPRM strategy, maintain executive presence with scientific leaders and executives, uphold high ethics, and lead the TPRM program framework for compliant risk management.
  • Lead expansion of the TPRM program to assess all suppliers within a single platform; plan and lead Steering Committee meetings; represent the program in key forums; serve as primary contact for audits.
  • Stakeholder Engagement: Build trust with R&D, regulatory, commercial, manufacturing, finance, and operations leaders; act as liaison between executive leadership and operational teams.
  • Innovation & Transformation: Champion digitalization, AI, and process re-engineering; lead continuous improvement and change management efforts.
  • Process and Technology Management: Drive changes to TPRM processes, policies, and tools; keep policies current; prioritize system changes with IT and stakeholders; implement AI/automation to scale risk management.
  • Functional Operations Oversight: Lead the Functional TPRM Operations team; resolve process/tool issues; build partnerships with IT, legal, procurement, and business units; drive cross-functional improvements.
  • Training and Awareness: Develop training materials and resources to drive awareness and compliance; promote engagement with TPRM processes.
  • Monitoring, Reporting, and Metrics: Build and refine TPRM KPIs and dashboards; monitor status and follow up on overdue items; develop leadership reporting for Audit Committee and CFO as requested.
  • People Management: Lead a multicultural, senior professional team; recruit, hire, onboard, train, and develop talent; set performance criteria and provide coaching.
  • Internal/External Stakeholders: Collaborate with Global Procurement Leadership, Compliance & Ethics, Global Quality, IT Operations, Cybersecurity, and external third-party providers and regulators.

Qualifications

  • Minimum Requirements:
    • B.S./B.A.
    • 12–15 years of business experience
    • 10–12 years in multi-disciplined procurement or risk management
    • 10 years of Pharmaceutical Procurement experience
    • Experience leading cross-functional/global teams; managerial experience with senior professionals
    • Technical expertise in third-party risk tools (e.g., ProcessUnity, Resilinc)
  • Preferred Qualifications:
    • M.S./M.B.A.
    • Professional certifications (e.g., CPM, CPIM, Six Sigma)
    • Experience applying AI to improve risk intelligence; strong stakeholder management
    • Experience with ERP and Source-to-Pay tools (SAP, Ariba, Oracle)
    • Analytics, KPI/SLA management, project management expertise
    • Excellent communication, organizational, and presentation skills; customer-service mindset and influence-driven leadership

Skills

  • Strategic thinking and visioning for enterprise-wide risk management
  • Leadership of diverse, global teams and cross-functional programs
  • Stakeholder management and executive presence
  • Process improvement, change management, and digital transformation
  • Risk management frameworks, compliance, and regulatory knowledge
  • Data analytics, KPI development, and effective reporting
  • Vendor risk assessment, supplier governance, and audit readiness

Education

  • B.S./B.A. required; advanced degree or professional certifications preferred

Additional Requirements

  • Location: Not specified in description; travel expectations not detailed
  • On-site/Hybrid: Roles may require onsite presence depending on site designations
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