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Director, Procurement Risk

3 months ago

Chicago, Illinois, United States AbbVie Full time

Company Description

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas immunology, oncology, neuroscience, and eye care and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us Follow @abbvie onTwitter,Facebook,Instagram,YouTubeandLinkedIn.
Job Description

Director of Strategy for Risk, Compliance, and Audit in PSC plays a crucial role in strengthening procurement processes through strategic risk management, compliance adherence, and comprehensive audit strategies. This role demands a candidate with a robust background in enterprise risk management, including areas like IT security, procurement, cybersecurity, business continuity, quality, supplier management, and / or legal. The Director is responsible for ensuring the deployment of strategies within the RC teams in addition to leading and coaching a team, ensuring their professional development aligns with organizational goals.

Major Responsibilities:

Develop and implement risk management strategies that align with the companys corporate & procurement objectives, focusing cross-functional risk within both direct and indirect procurement processes.

Leverage expertise within enterprise risk domains (IT security, cybersecurity, business continuity, supplier management considerations, legal and contracting aspects) to inform decisions and strategies.

Stay abreast of industry trends and advancements in risk management and compliance to drive innovation in procurement practices.

Ensure compliance assurance strategy with all relevant regulations, corporate standards, audits of procurement practices and procedures.

Work closely with other department leads to integrate third-party risk management strategy into broader procurement strategies.

Engage with external stakeholders, including suppliers and regulatory bodies, to ensure alignment and compliance with the developed strategies.

Monitor and report on the effectiveness of risk & compliance management strategies within the procurement organization and cooperate in support of TPRM strategies.

Implement process governance frameworks to ensure that risk management and compliance practices are consistently applied and effective.

Drive continuous improvement initiatives based on operational performance monitoring, audits, and leading industry best practices.

Manage a diverse team with strong people management skills, fostering a culture of innovation, collaboration, and excellence.

Provide leadership and guidance to team members, ensuring their professional development aligns with organizational goals and personal career aspirations.

Cultivate a team environment that values strategic thinking, proactive risk management, and continuous learning.

Qualifications:

Comprehensive procurement and domain expertise to support market analysis, risk and financial assessments, ensuring strategic and informed procurement decisions.

Strong capabilities in internal stakeholder management and influence, enabling oversight of complex projects.

Detailed understanding of procurement policies and processes across categories and suppliers.

Innovative problem-solving skills combined with a solution-oriented mindset, enabling creative approaches that challenge the status quo with clear communication at all organizational levels.

Strategic thinking and accountability, assessing current and future procurement risks and taking responsibility for the development impactful risk identification and mitigation measures.

Strong cross-functional collaboration abilities, effectively navigating diverse team dynamics.

Exceptional soft skills and emotional intelligence, facilitating empathetic interactions and effective dialogue.

Impactful executive functioning abilities and autonomous work ethic, maintaining efficient performance in challenging situations and building consensus in decision-making.

#LI-AL1
Qualifications

Bachelors degree required; focus in Business Administration or Supply Chain Mgmt desired. Masters degree is preferred.

Minimum of 12 years of experience in procurement, supply chain, supplier management, quality assurance, risk management or related business or operations function.

Experience leading cross-functional initiatives and managing senior internal business and functional leaders.

Proven expertise in strategically third-party risk management, assessing, and mitigating enterprise risks.

Experience in regulatory and quality assurance in a procurement function.

Strong analytical, problem-solving, and leadership skills.

Knowledge of the pharmaceutical industry is preferred.
Additional Information

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state orlocal law:

The compensation range described below is the range of possible base pay compensation that the Companybelieves ingood faith it will pay for this role at the timeof this posting based on the job grade for this position.Individualcompensation paid within this range will depend on many factors including geographic location, andwemay ultimatelypay more or less than the posted range. This range may be modified in thefuture. We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick),medical/dental/visioninsurance and 401(k) to eligibleemployees. This job is eligible to participate in our short-term incentiveprograms. This job is eligible to participate in our long-term incentiveprograms Note: No amount of payis considered to bewages or compensation until such amount is earned, vested, anddeterminable.The amount and availability of any bonus,commission, incentive, benefits, or any other form ofcompensation and benefitsthat are allocable to a particular employee remains in the Company's sole andabsolutediscretion unless and until paid andmay be modified at the Companys sole and absolute discretion, consistent withapplicable law. AbbVie is committed to operating with integrity, driving innovation, transforming lives, serving our community and embracing diversity and inclusion. It is AbbVies policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.