Senior Manager, Procurement, Third Party Risk Management

Bristol Myers Squibb
Princeton, NJ
Working with Us
Challenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You'll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us .

Bristol Myers Squibb (BMS) is seeking a candidate for the position of Senior Manager, Procurement, Third Party Risk Management. The Senior Manager will perform duties within the Research & Development (R&D) functional area will focus on the development and enablement of end-to-end risk governance that achieves simple and compliant processes (e.g. supplier onboarding, supplier risk assessment, on-going supplier risk monitoring) with the appropriate tools and controls in place as per the in-force enterprise Third Party Risk Management (TPRM) Standards and functional SOPs. On the on-going base the Senior Manager ensures compliance to TPRM requirements within the R&D functional area by coordinating / assisting R&D colleagues with each phase of the program and ensuring timely completion of requested activities (i.e. assessment renewals).

Major Responsibilities and Accountabilities:
  • Implementation of the enterprise TPRM program within the R&D by leveraging existing Risk Management processes and SOPs and supporting key stakeholders in learning on how to use the newly developed TPRM platform.
  • Supporting the development and enablement of end-to-end risk governance that achieves simple and compliant processes (e.g. risk identification during sourcing selection (RFQ-RFPs), risk assessment, contracting, supplier onboarding, ongoing monitoring, termination) by coordinating and interacting with all key stakeholders and SMEs from involved risk areas (IT, Quality, Corporate Security, EOHSS, Compliance & Ethics, Finance, Legal, etc).
  • Help defining process flows and steps to effectively reflect in the TPRM platform existing or newly defined risk assessment processes as per R&D SOPs.
  • Support R&D colleagues (Supplier Relationship Managers/ Business Owners, Procurement and SME's) in implementing TPRM program and complying with the TPRM requirements.
  • IRQ (Inherent Risk Questionnaire) to identifying high risk areas per procured services/ goods.
  • Support Due Diligence Phase by facilitating and coordinating with BOs and SMEs.
  • Support Contingency Plan definition for Critical Suppliers.
  • Support on going Monitoring Phase by ensuring active interactions between BOs and SMEs and timely up-date of Risk Summary Reports.
  • Support SMEs and BOs with Issue Management at each phase of TPRM program as needed.
This Senior Manager will collaborate with the following cross functional teams
  • Counterparts from other BMS Functions. (GPS, Commercial Enabling Services)
  • Procurement core TPRM team to ensure harmonization and alignment on approach and execution of the companies' broader risk management strategy.
  • SMEs from Risk Areas supporting TPRM program. (IT Data Privacy & Cyber, Quality, BCM, EOHSS, Corporate Security, Financial Viability, Legal, Compliance & Ethics)
  • Members of Procurement. (Global Category Leads, Site Procurement Leads)
  • Business Owners and Supplier relationship Mangers (managing external partners in all categories Direct and Indirect) at global level.
Qualifications

Minimum Requirements
  • Minimum education of a B.S./B.A. is required.
  • Minimum of five (5) plus years of business experience is required in which four (4) years of multi-disciplined procurement experience, or related category domain experience or relevant experience is required. Minimum of one (1) year Pharmaceutical Procurement experience or working directly with Pharmaceutical Procurement teams or relevant experience is required.
  • Experience leading and participating on cross-functional and/or global teams.
  • Internal stakeholder management, data/information management, category management, process redesign and continuous improvement expertise, project management and performance measurement skills.
  • Procurement process knowledge, supplier selection, contract management, supplier management, technology utilization, strategic planning.
  • Managerial experience including managing teams of senior professionals and establishing performance expectations is preferred.
The starting compensation for this job in New Jersey is a range in from $140,760.00 - $170,600.00, plus incentive cash and stock opportunities (based on eligibility). The starting pay rate takes into account characteristics of the job, such as required skills and where the job is performed. Final, individual compensation will be decided based on demonstrated experience.

Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit Life At BMS - BMS Careers .

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.

#LI-Hybrid

If you come across a role that intrigues you but doesn't perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Compensation Overview:

Madison - Giralda - NJ - US: $140,760 - $170,568 Princeton - NJ - US: $140,760 - $170,568 Tampa - FL - US: $140,760 - $170,568

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.

Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit

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.

Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as Transforming patients' lives through scienceā„¢ , every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in a supportive culture, promoting global participation in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

On-site Protocol

BMS has an occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:

Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.

BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to [email protected] . Visit careers.bms.com/ eeo -accessibility to access our complete Equal Employment Opportunity statement.

BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.

BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information:

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.
Posted 2025-08-22

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