Head Of Procurement Risk Assurance

5-7 years

Not Disclosed

Hyderabad

10 Aug. 13, 2024

Job Description

Job Type: Full Time Education: B.Sc./ M.Sc./ M.Pharm/ B.Pharm/ Life Sciences Skills: Causality Assessment, Clinical SAS Programming, Communication Skills, CPC Certified, GCP guidelines, ICD-10 CM Codes, CPT-Codes, HCPCS Codes, ICD-10 CM, CPT, HCPCS Coding, ICH guidelines, ICSR Case Processing, Interpersonal Skill, Labelling Assessment, MedDRA Coding, Medical Billing, Medical Coding, Medical Terminology, Narrative Writing, Research & Development, Technical Skill, Triage of ICSRs, WHO DD Coding

Job Title: Head of Procurement Risk Assurance

Location: Hyderabad

About Sanofi:

At Sanofi, we are dedicated to making a positive impact on patients' lives through groundbreaking scientific research and compassionate care. As we advance in transforming medicine, our Play to Win strategy focuses on simplifying core processes, optimizing resource allocation, and driving growth through strategic investments in science.

We are establishing a new Business Operations unit to centralize and expand our services, enhancing efficiency, productivity, and simplification across our global operations. This unit will integrate services from R&D, M&S, Corporate Functions, and GBUs into new global Service Delivery Towers, covering Commercial, Finance, Procurement, and People & Culture.

About the Role:

As the Head of Procurement Risk Assurance, you will report to the Head of Service, Portfolio Management & Risk Assurance. This pivotal role is responsible for safeguarding Sanofi’s assets and reputation by implementing robust controls and efficient processes across key Procurement Services programs, including Third Party Risk Management (TPRM), Corporate Sustainability Due Diligence, and Supplier Diversity. You will work closely with the Procurement Risk Management Team.

Responsibilities:

Strategic Leadership:
- Lead the Procurement Services Risk Assurance organization, aligning with the Global Business Operations and Hub operating model.
- Develop and implement a comprehensive risk management strategy based on the defined Risk Framework, in line with organizational goals.
Risk Identification and Mitigation:
- Identify, assess, and mitigate risks within Procurement Services and Business Operations, utilizing internal and external resources.
- Enhance control mechanisms in collaboration with internal control teams, addressing both front office and Procurement Services middle/back office.
Process Improvement and Documentation:
- Partner with the Head of Procurement Risk Management and Supplier Diversity to develop and implement frameworks and models for TPRM, Sustainability, and Supplier Diversity compliance.
- Optimize risk identification and mitigation plans for vendors and establish relevant regulatory requirements.
Feedback Mechanism and Coordination:
- Implement a feedback loop to gather and evaluate opportunities for improving risk management processes.
- Manage responses to internal and external audits, ensuring timely and effective resolution of issues.
Performance Tracking and Reporting:
- Oversee key performance indicators related to risk management, showcasing innovation and excellence in collaboration with the Procurement Risk Management team.
- Support reporting needs for risk assurance within Procurement Services, including monthly, quarterly, and ad-hoc reports.

About You:

Experience:
- 5-7 years of experience in risk management within a global organization, with a leadership role.
- Proven experience in financial audits or supplier audits, assessments, or evaluations.
Skills:
- Knowledge of pharmacovigilance, drug safety, and regulatory compliance requirements.
- Understanding of global regulations on child labor, anti-bribery, ethics, and human rights.
- Strong communication skills, both verbal and written.
- Effective collaborator with strong negotiation, influencing, and trust-building abilities.
- Analytical and strategic thinker with a proven ability to innovate and solve problems.
- Business acumen and intellectual curiosity, with the ability to challenge conventional methods and generate new ideas.
- Ability to work in a matrixed, international environment and interact with senior stakeholders.
Education:
- Bachelor’s degree in Accounting, Finance, or a related business discipline.
Languages:
- Fluent in English (spoken and written).
Travel:
- Willingness to travel approximately 20% of the time, including international travel.

Why Choose Us?

Join us at Sanofi during this exciting phase of transformation. You’ll help design and implement frameworks for TPRM, Sustainability, and Supplier Diversity, contributing to our mission to improve lives through science. This role offers opportunities for cross-collaboration, connection with diverse teams, and pushing the boundaries of what’s possible.

Be Part of Our Mission

At Sanofi, we believe in equal opportunities for all, regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity. Discover more about our diversity, equity, and inclusion initiatives at sanofi.com.

Pursue progress with us. Discover extraordinary.

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