Bristol Myers Squibb · 10 hours ago
Executive Director, Global Procurement Third Party Risk Management
Princeton, NJ
Full-time
Onsite
Director/Executive
$262K/yr - $317K/yr
12+ years expBristol Myers Squibb is a company committed to transforming patients' lives through science. They are seeking an Executive Director for Global Procurement Third Party Risk Management who will define and execute the TPRM strategy, ensuring compliance and effective risk management across all business units while leading a diverse team and fostering stakeholder engagement.
BiotechnologyHealth CareMedicalPharmaceuticalPrecision Medicine
Responsibilities
Setting and communicating a clear global vision aligned to enterprise priorities
Develop and execute a comprehensive TPRM strategy aligned with BMS's policies, systems, and regulatory requirements
Executive presence; able to command respect with scientific leaders, regulatory authorities, and C-suite executives
Impeccable ethics, especially critical in a regulated industry
Lead the TPRM program framework, ensuring compliance and effective risk management
Lead the strategy and execution of the expanded TPRM program to incorporate assessment of all suppliers for potential risk within a single platform
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
Building trust with R&D, regulatory, commercial, Manufacturing, finance and operations leaders
Servicing as the bridge between executive leadership and on-the-ground teams
Championing digitalization, AI and process re-engineering to create future ready capabilities
Leading continuous improvement and change management initiatives
Identify and drive changes to TPRM processes, policies, and tools, integrating feedback from stakeholder groups such as FTPRM, Risk SMEs, Global Procurement, leadership, and business unit leaders
Ensure policies are up-to-date and reflective of evolving business needs
Plan and prioritize system changes, partnering with IT, any 3rd-party support teams, and other teams to ensure effective user testing, tool evolution, and adoption
Identify and implement AI and automation solutions to allow scalability of Risk Management processes and increase Risk Intelligence capabilities
Lead the Functional TPRM Operations team to ensure effective implementation and execution of TPRM activities across all business units
Act as an escalation point for TPRM process and tool-related issues/questions, assisting stakeholders with resolution when needed
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
Develop and deliver training materials and informational resources about the TPRM program to drive organizational awareness and compliance
Promote education and engagement about TPRM processes across stakeholder groups
Build and refine TPRM KPIs, reports, and dashboards to monitor compliance, stakeholder engagement, and program goals
Review reports summarizing TPRM status and follow up with stakeholders 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
Demonstrated ability to lead in multicultural environments, wit sensitivity to local business norms
Lead a team of TPRM professionals, providing guidance, mentorship, and performance management
Develop criteria for evaluating staff performance and resolve performance issues
Recruit, hire, onboard, train, and develop a flexible talent pool
Support career development plans, providing training and consistent coaching
Internal Global Procurement Leadership, Compliance and Ethics, Global Quality, IT Operations, System & Integration Teams, Cybersecurity, Business Resilience, and other critical Risk Domains and Business Owners
External Third-Party Service Providers, Third-Party Suppliers, and regulatory bodies
Qualification
Required
B.S./B.A
Minimum of 12-15 years of business experience
Minimum of 10-12 years of multi-disciplined procurement or risk management experience
Minimum of 10 years Pharmaceutical Procurement experience
Experience leading and participating in cross-functional and/or global teams
Managerial experience with teams of senior professionals and managers
Technical expertise in third-party risk tools such as ProcessUnity and Resilinc
Proven leadership track record including managing teams and establishing performance expectations
Preferred
M.S./M.B.A
Professional certifications (e.g., CPM, CPIM, Six Sigma)
Experience implementing and leveraging AI capabilities to improve risk intelligence capabilities
Strong team leadership and internal stakeholder management
Experience with large ERP systems and Source to Pay tools - SAP, Ariba, and/or Oracle strongly preferred
Expertise in data/information and analytics management (including KPI's and SLA's), continuous improvement, and project management
Exceptional communication, organizational, and presentation skills
Demonstrated Customer Service mindset and ability to lead through influence rather than authority
Benefits
Health Coverage Medical, pharmacy, dental, and vision care.
Wellbeing Support Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
Financial Well-being and Protection 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
Paid Time Off
US Exempt Employees flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees)
Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays
Up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day.
Company
Bristol Myers Squibb
At Bristol Myers Squibb, we work every day to transform patients’ lives through science.
10001+ employees
H1B Sponsorship
Bristol Myers Squibb has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (247)
2024 (278)
2023 (231)
2022 (180)
2021 (181)
2020 (169)
Funding
Current Stage
Public CompanyTotal Funding
$29.32BKey Investors
Venrock
2025-11-05Post Ipo Debt· $5.74B
2024-02-14Post Ipo Debt· $13B
2023-10-30Post Ipo Debt· $4.5B
Leadership Team
Charles Bancroft
CFO
Cristian Massacesi
Executive Vice President, Chief Medical Officer and Head of Development
Recent News
2026-01-16
Pharmaceutical Technology
2026-01-16
Company data provided by crunchbase