Manager, Procurement Risk

Company DescriptionAbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas immunology, oncology, neuroscience, and eye care and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.Job DescriptionThe Manager, Procurement Risk is responsible for the implementation, execution, and delivery of category & supplier risk assessment strategies. The role demands a proactive approach in identification, analysis, documentation and communication of risks to cross-functional stakeholders to ensure stable and efficient supplier governance strategies. The Manager, Procurement Risk will work closely with category teams to interpret risk outcomes into contractual and supplier performance risk mitigation and monitoring cadence.Responsibilities:+ Develop and refine risk assessment strategies specifically tailored to different procurement categories and suppliers.+ Identify potential risk factors and vulnerabilities within each category and supplier relationship, using data-driven analysis to forecast and preempt risks.+ Stay updated with industry trends and changes in the risk landscape to ensure the risk management strategies remain relevant and effective.+ Implement the developed risk assessment frameworks across various procurement categories, ensuring consistent application and integration.+ Conduct detailed risk evaluations for current and potential suppliers, providing insights to procurement teams for informed decision-making.+ Collaborate with category teams to integrate risk management practices seamlessly into procurement processes and supplier evaluations.+ Regularly monitor and update risk profiles for categories and suppliers, adapting strategies based on new data and insights.+ Generate and analyze risk reports, providing key insights to the Associate Director and contributing to the continuous improvement of risk management processes.+ Ensure compliance with established risk management policies and procedures, and update these as required to reflect best practices and regulatory changes.+ Work closely with team to align risk management efforts with broader category strategies. Assist in the development and training of team members on risk assessment tools and methodologies.+ Foster an environment of collaboration and knowledge sharing within the team, contributing to a collective understanding of risk management best practices.#LI-AL1Qualifications+ Bachelors degree required; focus in Business Administration or Supply Chain Mgmt preferred.+ Minimum of 7 years of experience in procurement, supply chain, or related business or operations function.+ Experience leading cross-functional initiatives and managing internal business and functional stakeholders.+ Experience in category management and general understanding of category-specific risks.+ Experience supporting category risk profiles and executing mitigation strategies.+ Strong analytical, problem-solving, and leadership skills.+ Knowledge of the pharmaceutical industry is preferred.Additional InformationApplicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: ??+ The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.?+ We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.?+ This job is eligible to participate in our short-term incentive programs. ?+ This job is eligible to participate in our long-term incentive programs??Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Companys sole and absolute discretion, consistent with applicable law. ??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. It is AbbVies policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.htmlUS & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:https://www.abbvie.com/join-us/reasonable-accommodations.htmlSalary: $103,500 - $197,000