Job Description
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. 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: careers.bms.com/working-with-us .
The Director of Third-Party Risk Management (TPRM) will oversee BMS Global Procurement's global third-party risk management program, ensuring alignment with BMS's policies, systems, and regulatory requirements. The role is critical for advancing and evolving the TPRM framework through strong strategic leadership, stakeholder engagement, efficient process management, and compliance oversight. This position will be responsible for driving continuous improvement within the TPRM program by identifying opportunities for enhancements, managing escalations, and supporting both regulatory and organizational priorities.
Major Responsibilities and Accountabilities: Leadership and Governance - Lead a team to oversee the sustainable and effective operation of the TPRM program framework, ensuring compliance with risk management and regulatory requirements.
- Plan and lead Steering Committee meetings to ensure alignment across business units and share progress updates.
- Represent the TPRM program in key forums, including the Audit and Risk Management Subcommittee (ARMSC), Business Continuity PMO, and IT Third Party Assessment Steering Committee.
- Serve as the primary point of contact for audits conducted by GIA, supporting audit requests and presenting TPRM updates.
Policy and Process Enhancements: - Identify and drive changes to TPRM processes, policies, and tools, soliciting and integrating feedback from stakeholder groups such as FTPRM, Risk SMEs, SS&P, leadership, and business unit leaders.
- Ensure policies are up-to-date and reflective of evolving business needs, including updates to TPRM policy documents and the GxP SIMON taxonomy.
- Plan and prioritize ProcessUnity system changes, partnering with IT, Accenture, and other teams to ensure effective user testing, tool evolution, and adoption.
Stakeholder Engagement and Collaboration - Act as an escalation point for TPRM process and tool-related issues/questions, assisting stakeholders with resolution when needed.
- Collaborate with internal and external stakeholders, including FTPRMs, Procurement team members, SMEs, Third-Party Service Providers, and ProcessUnity, to align on TPRM strategies, contracting approaches, and service delivery models.
- Foster strong partnerships with key stakeholders such as IT, legal, procurement, and other business units to enhance overall TPRM program effectiveness.
- Lead cross-functional efforts to address program challenges, update stakeholders on TPRM initiatives, and identify opportunities for improvement.
Training and Awareness - Responsible for developing and delivering training materials and informational resources about the TPRM program (shared with designated team members) to drive organizational awareness and compliance.
- Promote education and engagement about TPRM processes across stakeholder groups.
Monitoring, Reporting, and Metrics - Build and refine TPRM KPIs, reports, and dashboards to monitor compliance, stakeholder engagement, and program goals. Ensure procurement-related TPRM data is incorporated into SS&P dashboard reporting.
- Review reports summarizing TPRM status and follow up with stakeholders (e.g., FTPRMs) on overdue items where appropriate.
- Update and evolve TPRM reporting and KPIs based on feedback and shifting business needs.
- Develop leadership reporting for key stakeholders, such as the Audit Committee and CFO, as requested.
- Manage ad hoc stakeholder requests related to system approvals, process inquiries, and TPRM scope clarification.
- Direct contracting approaches and business models related to tools leveraged for TPRM (ProcessUnity, Resilinc, etc.), working with Global Procurement colleagues to maintain alignment.
Qualifications Minimum Requirements
- Minimum education of a bachelor's degree required; MBA preferred.
- Minimum of ten (10) years of successful track record in procurement, R&D, Commercial, Operations, or risk management consulting, with proven experience managing projects, people, and resources in a global business environment.
- Ability to drive highly effective risk management strategies aligned with regulatory frameworks. Capability to define and achieve actionable recommendations and implementation plans through critical analysis.
- Advanced understanding of Procurement Category Management, Strategic Sourcing, Supplier Management, Compliance Management processes, and associated risk dimensions.
- Strong cross-functional leadership and stakeholder relationship skills, with a demonstrated ability to influence and gain buy-in from internal and external stakeholders.
- Experience with TPRM tools such as ProcessUnity and Resilinc, as well as developing and managing KPIs and dashboards.
- Outstanding communication, negotiating, analytical, and management skills. Emphasis on people development, change management, and training.
- Ability to incorporate newest technologies as part of the category strategy
#LI-Hybrid
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 a supportive culture, promoting global participation 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 an 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 adastaffingsupport@bms.com . Visit careers.bms.com/ 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.
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Job Tags
Permanent employment, Remote job, Shift work,