Job description
The Role and Responsibilities
The company's Global Procurement is looking to hire a Risk Management Leader for a newly created position. Working closely with our corporate sustainability team, corporate CSR team and supply chain leaders in our businesses, the Risk Management Leader will establish a supplier risk management framework, assess the maturity of current supplier risk management practices and design/implement a global supplier risk management program (GSRM) in accordance with internal policies and external guidelines & requirements. The Risk Management Leader will also support the corporate ESG function on initiatives that impact Global Procurement and sit on the Procurement ESG Council. Please note this is an individual contributor position.
Key Responsibilities:
- Lead the development, implementation and management of a GSRM program:
- Create a sustainable and scalable program to meet Global Procurement’s short-term and long-term goals, aligned with the company 2030 sustainability goals and 2050 carbon neutrality goals.
- Create, plan, and lead the supplier risk management workstream to maturity and be accountable for leading the implementation of supplier risk management strategies.
- Track and report all identified risks, establish baselines and develop improvement goals for all reportable risks, in line with corporate goals and methodologies
- Develop a 3rd party lifecycle plan to manage supplier risks in all the stages from planning to contracting to termination.
- Build out the GSRM program to address key areas like policies, governance, risk modelling, controls, continuous monitoring and technology.
- Incorporate existing risk tools and facilitate the implementation of new tools to flag supplier risks like RapidRatings, Ecovadis, etc.
- Create a communication, change management and training plan to gain alignment from the wider Global Procurement team and other company's stakeholders:
- Develop structured and insight-driven reports to continually assess, drive, and document key supply risks, and create a communication plan.
- Develop action plans to mitigate supply disruption risks, in collaboration with category leads, and create change management plans to steer Global Procurement to achieve our short-term and long-term goals.
- Create a training plan with input from the Training Lead and deliver training to relevant Global Procurement stakeholders.
- Support the corporate ESG function:
- Selection of a 3rd party risk management tool
- Establish a framework for geopolitical risk management for the Corporate Government Affairs team.
- Creation of a task force model for rapid deployment when company systems are breached.
Qualification Profile:
- Bachelor's degree in Supply Chain, Logistics, Business or a related field. Master’s degree preferred.
- Minimum 5 years of demonstrable experience working with, or within, a global procurement risk management team, have a sound understanding of risks associated with procurement and the supply chain and have experience implementing supplier risk management programs.
- Knowledge of supplier risk management frameworks, methodologies and strategies, and planning for various risks like CSG, sustainability, business continuity, etc.
- Experienced in incorporating supplier risk assessments (RapidRatings, Ecovadis, etc.) into frameworks, defining risk thresholds and setting risk management expectations for suppliers.
- Have sound quantitative and analytical skills (financial and non-financial).
- Strong leadership, communication, and influencing skills.
- Managing in a complex, matrixed organization.
- Self-directed/driven with excellent organizational skills.
- Resourceful with a strong work ethic
Hybrid/Remote working is available for this position.
Job Type: Full-time
Salary: $140,000.00 - $160,000.00 per year
Schedule:
- Monday to Friday
- On call
Supplemental pay types:
- Bonus pay
Education:
- Bachelor's (Required)
Experience:
- global procurement risk management: 5 years (Required)
- supply chain & supplier risk management: 3 years (Required)
- supplier risk assessments (RapidRatings, Ecovadis, etc.: 3 years (Required)
- category management/buying/strategic sourcing: 3 years (Required)
Work Location: Remote
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