Risk Management Specialist

3 weeks ago

Bridgewater, United States Mindlance Full time

Job Description:

• Undergraduate degree in business administration/Engineering degree: in Supply Chain Management, Finance, or related field.

• At least 5-7 years proven experience in Risk Management and/or procurement, supply chain management, within the pharmaceutical or healthcare industry.

• Strong understanding of procurement processes, supplier relationship management, and supply chain risk management principles.

• Excellent analytical skills with the ability to identify, assess, and prioritize risks effectively.

• Solid understanding of regulatory requirements and industry standards related to procurement and supply chain management.

• Excellent communication, interpersonal, and influencing skills with the ability to collaborate effectively across different levels of the organization.

• Proven ability to manage multiple projects simultaneously and deliver results within established timelines.

• Strong attention to detail and ability to work independently with minimal supervision.

• Excellent MS Office skills (Microsoft powerpoint, excel etc.)

• Experience with Power BI, sharepoint, Ecovadis, Cybervadis and COUPA is must.

As the global Risk Framework and Excellence support, you will play a crucial role in driving our global procurement Risk strategy, ensuring compliance with government rules and regulations related to human rights, labor, corporate social responsibility and the procurement risk framework utilizing the Data Analytics and visualization skills with a Consulting approach- bringing the Outside in view, building new processes and execution via Documentation and stakeholder management.

You will collaborate closely with the procurement risk excellence leads to ensure accurate and timely reporting of the metrics and compliance of the inline and potential suppliers.

Responsibilities

Drive Compliance thru data and metrics
Manage Weekly, Monthly and Quarterly metrics reporting using the risk Coupa dashboard.
Support the URD chapter 3 reporting of the Risk progress and update from corporate perspective.
Continuous Data gathering and Risk KPI monitoring per the supplier segmentation policy.
Ownership of Updating Policy and reporting and continuous improvement
Maintain ECOVADIS, Cybervadis, financial assessment etc. reporting for the critical suppliers.
Ensure Supplier code of conduct and contract templates are reflecting of the current human rights and labor requirements
Ensure adherence of the procurement community to the procurement risk program by monitoring annual training metrics.
Lead and run the monthly core team meeting for the risk governance framework.
Implement Risk Governance Model & the other recommendations (Human rights policy creation, supplier engagement initiatives)
Integration and Monitoring of other processes and guidelines e.g. Grievance mechanisms in line with the EU directive.
Monitor and report on the key performance indicators (KPIs) and metrics to measure the effectiveness of risk management initiatives and ensure consistent reporting.
Implement continuous improvement initiatives per the direction of the risk leads to enhance the efficiency and effectiveness of procurement risk management processes.

Qualifications Required: