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Manager, Procurement, Third Party Risk Management

Manager, Procurement, Third Party Risk Management

Bristol Myers SquibbTampa, FL, US
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Manager, Third Party Risk Management (TPRM) Global Procurement

Bristol Myers Squibb (BMS) is seeking a candidate for the position of Manager, Third Party Risk Management (TPRM) Global Procurement. The Manager, TPRM plays a supportive role in BMS's third party risk management program under the direction of the Director of the TPRM Program. This role assists in managing the TPRM technology platform, supports risk mitigation efforts, facilitates stakeholder engagement, and helps ensure alignment to BMS's principles, enterprise risk appetite, regulatory requirements, and corporate policies.

Major Responsibilities and Accountabilities :

  • Provide support for the administration, ongoing maintenance, and enhancement of the BMS TPRM technology platform to ensure effective risk management of third parties.
  • Assist in monitoring the TPRM tool and implementing enhancements to drive consistency, adoption, and performance improvements under guidance from TPRM leadership.
  • Communicate with the TPRM team and stakeholder groups to help update due diligence assessments and support risk identification, monitoring, and remediation for new and existing third-party vendors.
  • Collaborate with internal stakeholders, subject matter experts, business units, corporate functions, and risk domains to aid in the management of third party relationships and promote consistent, risk-based usage of the TPRM tool.
  • Partner with Procurement and Legal to support compliance with TPRM policies, procedures, processes, and to help escalate and resolve third party risk issues.
  • Facilitate supplier completion of due diligence activities and provide training / support regarding TPRM tool requirements and access.
  • Support regulatory and internal audit interactions related to the TPRM tool; help gather and organize required information as needed.
  • Assist in the development of standardized reporting for continuous monitoring and take part in preparing reports for steering committees and leadership as directed by TPRM leadership.
  • Promote and deliver ongoing training and awareness activities related to the TPRM technology platform within the GP organization.
  • Take part in internal and external forums to support TPRM thought leadership and best practice-sharing.
  • Regularly assist in reporting status of risk closure efforts and communicating updates to leadership and stakeholders.
  • Engage with Global Procurement, business units, and members of the TPRM risk community in a collaborative, supportive capacity.

Qualifications

  • Minimum education of a B.S. / B.A. is required.
  • Minimum of four (4) years of business or relevant experience is required. Three (3) years procurement, third party risk management, compliance or part of an R&D, Commercial, or Operations function, risk management consulting firm, or equivalent relevant experience is preferred.
  • Demonstrated ability to manage projects, people, and resources successfully in a global business environment.
  • Experience with TPRM software platforms such as ServiceNow, RSA Archer, Ariba, and similar tools.
  • Familiarity or experience with Procurement Category Management, Strategic Sourcing, Supplier Management, and Compliance Management processes is preferred.
  • Must have a proactive, creative and analytic approach to continuous improvement in delivering procurement services and identifying new opportunities.
  • Demonstrated high degree of independence, requiring minimal supervision from management.
  • Compensation Overview : Tampa - FL - US : $88,150 - $106,811. The starting compensation range(s) for this role are listed above for a full-time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee's work schedule, job-related knowledge, and experience. Final, individual compensation will be decided based on demonstrated experience. Benefit offerings are subject to the terms and conditions of the applicable plans then in effect and may include the following : Medical, pharmacy, dental and vision care. Wellbeing support such as the BMS Living Life Better program and employee assistance programs (EAP). Financial well-being resources and a 401(K). Financial protection benefits such as short- and long-term disability, life insurance, supplemental health insurance, business travel protection and survivor support. Work-life programs include paid national holidays and optional holidays, Global Shutdown Days between Christmas and New Year's holiday, up to 120 hours of paid vacation, up to two (2) paid days to volunteer, sick time off, and summer hours flexibility. Parental, caregiver, bereavement, and military leave. Family care services such as adoption and surrogacy reimbursement, fertility / infertility benefits, support for traveling mothers, and child, elder and pet care resources. Other perks like tuition reimbursement and a recognition program.

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    Risk Third Party Risk • Tampa, FL, US

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