• Executive Director, Supplier Risk and TPRM

    Bristol Myers SquibbPrinceton, NJ 08544

    Job #2696175654

  • Working with Us

    Challenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You'll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.

    Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: ~~~/working-with-us .

    The Executive Director, Supplier Risk and TPRM will lead BMS' Supply Risk and Third-Party Risk Management (TPRM) function within the Procurement organization. This role is responsible for developing and implementing a comprehensive drug development and supply chain (including Distribution) risk management strategy and overseeing the TPRM program. The role will collaborate with cross-functional teams, senior leadership, and external stakeholders to identify and mitigate risks associated with our supply chain and third-party relationships. This role requires a strong background in supply chain management, risk assessment, business continuity management and leadership.

    Major Responsibilities and Accountabilities

    • Risk & TPRM Strategy and Process

    • Develop and execute a global supply chain risk management strategy aligned with the company's objectives and risk appetite.

    • Enhance and maintain a robust TPRM program, including policies, procedures, and governance frameworks.

    • Continue evolving the TPRM program to leverage business and digital solutions to effectively mitigate risk and manage the overall program cost.

    • Suppliers and Stakeholders

    • Collaborate with cross-functional teams, including procurement, legal, compliance, GPS, R&D, Commercial, Enabling Functions including IT, to integrate risk management practices into business processes.

    • Establish SS&P TPRM as a driver within the organization's risk ecosystem.

    • Elevate and maintain strong relationships with key suppliers and vendors to ensure effective risk management and business continuity.

    • KPI's and Monitoring

    • Identify and assess risks associated with suppliers and other third-party relationships, and develop risk mitigation strategies.

    • Leverage existing processes and tools to assess supplier risk via self-assessments and questionnaires to determine risk areas.

    • Monitor and evaluate supplier and vendor performance to identify any emerging risks or issues.

    • Stay up-to-date with industry trends, regulations, and best practices related to supply chain risk management and TPRM.

    • Provide regular reports and updates to senior leadership and stakeholders on drug development and supply chain risk management initiatives and outcomes.

    • Collaborate with internal and external auditors to ensure compliance with regulatory requirements and internal policies.

    • Drive continuous improvement initiatives to enhance the effectiveness and efficiency of drug development and supply chain TPRM program.

    • People Management

    • Lead a team of risk and TPRM professionals, providing guidance, mentorship, and performance management that delivers with quality and efficiency.

    • Ensure Procurement alignment to organizational goals

    • Develop or utilize criteria for evaluating staff performance, including evaluating and resolving performance and report issues

    • Recruit, hire, onboard, train, and develop a flexible talent pool spanning multiple levels and subject matter expertise by providing a pipeline of future resources for Strategic Sourcing & Procurement

    • Maintain a talent pipelining strategy to proactively scout and recruit

    • Conduct and/or support development of robust career development plans to team, proving training, ongoing and consistent coaching and on-the-job training in alignment to individual development plans

    Qualifications

    Minimum Requirements

    • B.S./B.A.

    • Minimum of 10 years of relevant business experience

    • Minimum of 4-7 years of multi-disciplined risk management experience

    • Minimum of 2 years Pharmaceutical industry experience

    • Experience leading and participating on cross-functional and/or global teams

    • Managerial experience including managing teams of senior professional and managers and establishing performance expectations

    • Internal stakeholder management, data/information management, category management, process redesign and continuous improvement expertise, project management and performance measurement skills

    • Procurement process knowledge, contract management, financial analysis, market analysis, supplier analysis, supplier diversity, supplier management, technology utilization, strategic planning and integrated supply chain experience

    Preferred Qualifications

    • M.S./M.B.A.

    • Professional certifications (e.g. CPM, CPIM).

    • 3 years Pharmaceutical Procurement experience

    • Membership in Professional Associations, e.g. ISM

    If you come across a role that intrigues you but doesn't perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

    Uniquely Interesting Work, Life-changing Careers

    With a single vision as inspiring as Transforming patients' lives through science , every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

    On-site Protocol

    BMS has a diverse occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:

    Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.

    BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to ~~~ . Visit ~~~/ eeo -accessibility to access our complete Equal Employment Opportunity statement.

    BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.

    BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

    Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

    Company: Bristol-Myers Squibb

    Req Number: R1581760

    Updated: 2024-05-31 03:54:01.965 UTC

    Location: Princeton-NJ

    Bristol Myers Squibb is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, pregnancy, citizenship, marital status, gender expression, genetic information, political affiliation, or any other characteristic protected by law.