At a Glance
- Tasks: Lead third-party risk management initiatives and collaborate with cross-functional teams.
- Company: Join Regeneron, a science-driven company making a difference in patients' lives.
- Benefits: Competitive salary, bonuses, health benefits, and professional development opportunities.
- Other info: Inclusive culture with excellent career growth and development opportunities.
- Why this job: Make a real impact in a fast-growing organisation while working remotely.
- Qualifications: 12+ years in Third Party Risk Management and strong leadership skills required.
The predicted salary is between 60000 - 75000 £ per year.
Build our future together: At Regeneron, we use science and innovation to develop life-changing medicines for people with serious diseases. We are seeking a Director, Global Procurement - Third Party Risk Management to join our Global Procurement team, supporting the regional execution of our enterprise third-party risk management (TPRM) programme in a remote work mode. In this role, you will ensure third-party risks across suppliers, service providers, and external partners are identified, assessed, mitigated, and raised in line with the global TPRM framework, while collaborating with Procurement, Legal, Compliance, IP, Information Security, and other risk domain owners. This position offers the opportunity to contribute to a fast-growing, science-driven organization making a significant difference to patients worldwide.
Discover your role:
- Provide regional oversight and execution of the enterprise TPRM programme, ensuring consistent, risk-based application of third-party risk processes and acting as the escalation point for material or emerging risks.
- Oversee the end-to-end third-party risk lifecycle: onboarding, due diligence, ongoing monitoring, issue management, and offboarding.
- Maintain regional alignment with regulatory and industry standards, and partner with Compliance and risk domain owners on supplier assessments, issue remediation, and corrective action plans.
- Support global governance bodies with regional insights and reporting, and define and monitor KPIs and KRIs to drive risk visibility.
- Drive adoption of automation, AI, analytics, and data-driven tools within approved TPRM platforms to improve efficiency, scalability, and the quality of risk screening, monitoring, analysis, and reporting.
- Partner with Procurement, Legal, Compliance, IP, Information Security, and other risk domain owners to manage third-party risks holistically, and act as a trusted regional advisor to business partners.
- Develop the third-party risk team's capabilities, judgement, and partner engagement skills, and contribute to broader talent development across Global Procurement.
This role requires:
- Bachelor's degree in a relevant field; advanced degree or certifications preferred.
- 12+ years of dynamic experience in Third Party Risk Management, preferably within pharmaceutical, biotech, or other regulated industries.
- Previous people management experience.
- Experience managing regional or multi-country risk management programmes.
- Strong understanding of third-party risk domains, regulatory expectations, and governance models.
- Experience with TPRM technologies and risk monitoring platforms, including application of automation and AI-enabled tools within risk or compliance processes, strongly preferred.
- Proven ability to influence cross-functional partners, operate effectively in a matrixed environment, and work with integrity, clarity, and focus in conditions of change and ambiguity.
Does this sound like you? Apply now to take your first step towards living the Regeneron Way! We are committed to building a workplace with an inclusive culture. Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, colour, religion or belief (or lack thereof), sex, sexual orientation, gender identity or expression, gender reassignment, marital or civil partnership status, civil status, pregnancy or parental status, age, disability, nationality, citizenship status, ethnic or national origin, membership of the Traveler community, familial status, genetic information, military or veteran status, or any other characteristic protected under applicable law.
Director Global Procurement - Third Party Risk Management employer: Initial Therapeutics, Inc.
At Regeneron, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work culture that fosters innovation and collaboration. As a Director in Global Procurement - Third Party Risk Management, you will have the opportunity to make a meaningful impact in a fast-growing, science-driven organisation while enjoying comprehensive benefits, professional development opportunities, and the flexibility of remote work from Uxbridge, UK. Join us in our mission to develop life-changing medicines and be part of a team that values integrity, diversity, and employee growth.
Contact Details:
Initial Therapeutics, Inc. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Director Global Procurement - Third Party Risk Management
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Initial Therapeutics, Inc..
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Director Global Procurement - Third Party Risk Management
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Initial Therapeutics, Inc.:Your cover letter should read like you’re chatting directly to Initial Therapeutics, Inc.. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Initial Therapeutics, Inc..
How to prepare for a job interview at Initial Therapeutics, Inc.
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Initial Therapeutics, Inc.!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Initial Therapeutics, Inc.. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Initial Therapeutics, Inc.'s culture.
