Senior Manager, Third Party Risk Management

At Bristol Myers Squibb, we are inspired by a single vision – transforming patients’ lives through science. In oncology, hematology, immunology and cardiovascular disease – and one of the most diverse and promising pipelines in the industry – each of our passionate colleagues contribute to innovations that drive meaningful change. We bring a human touch to every treatment we pioneer. Join us and make a difference.

This role focuses on Third-Party Risk Management (TPRM) in the Strategy, Process, and Capabilities Procurement team in accordance with related BMS processes and policies. This role will facilitate the process for TPRM, which includes supplier due diligence, ongoing monitoring, risk mitigation and life cycle management to ensure that we are appropriately managing risks associated with our suppliers. This role is expected to be a change agent for the function as well as to ensure close alignment to business stakeholders.

​Major Responsibilities and Accountabilities:

• Responsible for assessing, facilitating and managing the Third Party Risk Management (TPRM) program and corresponding activities, including:

  • Overseeing the coordination of end-to-end risk management activities throughout the TPRM lifecycle (Planning, Due Diligence, Contacting, Ongoing Monitoring & Termination).

  • Serving as the initial point of escalation for stakeholders and the TPRM team, as needed.

  • Responsible for management, administration, communication and updates of the enterprise TPRM capability materials such as the procedures, requirements, technology and supporting tools.

  • Maintaining relationships and facilitating collaboration between the TPRM team, Legal, Procurement and other key TPRM stakeholders.

• Serve as a day-to-day liaison for the Functional TPRM Teams Business Users, Risk SME’s and other senior stakeholders regarding the TPRM service and capabilities.

• Manage workflow and ensure quality of Risk Management activities performed by the TPRM Team. This includes oversight of risk stratification and assessment execution, issue management, as well as reporting and metrics.

• Manage issue escalation processes to ensure appropriate stakeholders and executives across R&D and the enterprise are involved, based on defined risk thresholds.

• Perform/oversee initial review of risk metrics aggregated and address inquiries regarding reporting / dashboards.

• Perform/oversee sample Quality Assurance (QA) on TPRM activities completed throughout the lifecycle.

• Liaise with the R&D Procurement Category Leads on preferred and approved vendors and alignment with the vendor master/ TPRM Tool.

• Initial approval level for the management and administration of TPRM procedures, tools and corresponding support materials.

Internal/External Stakeholders:

• SS&P Category Leads, SS&P TPRM counterparts, Business Partners (i.e. R&D, GPS)

• SME Risk Owners, BMS Suppliers

Qualifications:

Minimum Requirements:

• B.S./B.A.

• Minimum of 5+ years of multi-disciplined procurement experience or related category domain experience and a minimum 4+ years of experience surrounding risk management and supplier management

• Minimum of 1+ year Pharmaceutical Procurement experience, or working directly with Pharmaceutical Procurement teams or relevant experience

• Experience managing and executing Third Party Risk Management capabilities in an innovative environment required

• Experience with TPRM or other risk management/GRC software platforms

• Internal stakeholder management, data/information 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

Around the world, we are passionate about making an impact on the lives of patients with serious diseases. Empowered to apply our individual talents and diverse perspectives in an inclusive culture, our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

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.

Physical presence at the BMS worksite or physical presence in the field is an essential job function of this role which the Company deems critical to collaboration, innovation, productivity, employee well-being and engagement, and enhances the Company culture.

To protect the safety of our workforce, customers, patients and communities, the policy of the Company requires all employees and workers in the U.S. and Puerto Rico to be fully vaccinated against COVID-19, unless they have received an exception based on an approved request for a medical or religious reasonable accommodation. Therefore, all BMS applicants seeking a role located in the U.S. and Puerto Rico must confirm that they have already received or are willing to receive the full COVID-19 vaccination by their start date as a qualification of the role and condition of employment. This requirement is subject to state and local law restrictions and may not be applicable to employees working in certain jurisdictions such as Montana. This requirement is also subject to discussions with collective bargaining representatives in the U.S.

Our company is committed to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace adjustments and ongoing support in their roles. Applicants can request an approval of accommodation prior to accepting a job offer. If you require reasonable accommodation in completing this application or if you are applying to a role based in the U.S. or Puerto Rico and you believe that you are unable to receive a COVID-19 vaccine due to a medical condition or sincerely held religious belief, during or any part of the recruitment process, please direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.

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