Procurement Risk Manager

16 hours ago


Chicago, Illinois, United States AbbVie Full time
Job Title: Manager, Procurement Risk

At AbbVie, we are committed to discovering and delivering innovative medicines and solutions that solve serious health issues. We are seeking a highly skilled Manager, Procurement Risk to join our team.

Job Summary

The Manager, Procurement Risk will be responsible for implementing, executing, and delivering category and supplier risk assessment strategies. This role demands a proactive approach in identifying, analyzing, documenting, and communicating risks to cross-functional stakeholders to ensure stable and efficient supplier governance strategies.

Key Responsibilities
  • Develop and Refine Risk Assessment Strategies: Create and refine risk assessment strategies tailored to different procurement categories and suppliers.
  • Identify and Mitigate Risks: Identify potential risk factors and vulnerabilities within each category and supplier relationship, using data-driven analysis to forecast and preempt risks.
  • Stay Up-to-Date with Industry Trends: Stay updated with industry trends and changes in the risk landscape to ensure risk management strategies remain relevant and effective.
  • Implement Risk Assessment Frameworks: Implement developed risk assessment frameworks across various procurement categories, ensuring consistent application and integration.
  • Conduct Risk Evaluations: Conduct detailed risk evaluations for current and potential suppliers, providing insights to procurement teams for informed decision-making.
  • Collaborate with Category Teams: Collaborate with category teams to integrate risk management practices seamlessly into procurement processes and supplier evaluations.
  • Monitor and Update Risk Profiles: Regularly monitor and update risk profiles for categories and suppliers, adapting strategies based on new data and insights.
  • Generate and Analyze Risk Reports: Generate and analyze risk reports, providing key insights to the Associate Director and contributing to the continuous improvement of risk management processes.
  • Ensure Compliance: Ensure compliance with established risk management policies and procedures, and update these as required to reflect best practices and regulatory changes.
Qualifications
  • Bachelor's Degree: Bachelor's degree required; focus in Business Administration or Supply Chain Management preferred.
  • Experience: Minimum of 7 years of experience in procurement, supply chain, or related business or operations function.
  • Leadership Skills: Experience leading cross-functional initiatives and managing internal business and functional stakeholders.
  • Category Management: Experience in category management and general understanding of category-specific risks.
  • Risk Management: Experience supporting category risk profiles and executing mitigation strategies.
  • Analytical Skills: Strong analytical, problem-solving, and leadership skills.
Additional Information

AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives, serving our community, and embracing diversity and inclusion. We offer a comprehensive package of benefits, including paid time off, medical/dental/vision insurance, and 401(k) to eligible employees.



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