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Job Description Summary
The Senior Manager of Supplier Risk Management works in the Sourcing Center of Excellence Team and is responsible for developing and executing a comprehensive supplier risk management program. This role involves identifying, assessing, and mitigating risks associated with suppliers to ensure the continuity and resilience of the supply chain. The Senior Manager will work closely with various departments, including sourcing, finance, business risk resiliency, and compliance, to implement risk management strategies and ensure compliance with regulatory requirements.
Job Description
Active Duty Only
Roles And Responsibilities
- Develop and implement a supplier risk management framework to identify, assess, and mitigate risks associated with first tier and sub-tier suppliers.
- Collaborate with procurement and sourcing teams to evaluate and select suppliers based on risk criteria.
- Monitor and report on supplier performance, including financial stability, operational capabilities, and compliance with ethical sourcing standards.
- Develop and maintain tools and systems to track and manage supplier risk information.
- Lead cross-functional teams to address and resolve supplier risk issues.
- Provide training and support to internal stakeholders on supplier risk management practices and procedures.
- Partner with the Enterprise Risk Management team to ensure supplier risk management program elements meet broader company requirements and expectations.
Tasks
- Lead supplier risk management program deliverables, including reporting, internal and external awareness/training activities.
- Create and update the risk management policy and procedures, ensuring they remain relevant and effective.
- Conduct comprehensive risk assessments using various methodologies to evaluate potential risks across different risk types like financial stability, operational resilience, quality, cybersecurity, ESG, and regulatory compliance.
- Develop strategies to address identified risks, including implementing corrective actions, contractual clauses, and contingency plans.
- Communicate supplier risk information to relevant stakeholders, including senior management, sourcing teams, and compliance officers.
- Participate in continuous improvement projects and cross-functional projects aimed at improving risk governance and process performance.
- Identify and measure risks associated with vendor risk controls.
- Document and track risks and recommendations of completed supplier assessments.
Qualifications
- Bachelor’s Degree
- Minimum of 5 years of experience in supply chain, procurement, finance, audit, or compliance functions, with a focus on supplier risk management.
- Strong understanding of global supplier risk management requirements related to ethical sourcing, risk management, and regulatory compliance.
- Experience in change management and driving continuous improvement in procurement governance processes.
- Knowledge of risk management methodologies and risk mitigation principles.
- People management experience preferred.
- Strong analytical and problem-solving skills.
- Excellent business communication skills, including negotiation and influencing skills.
- Ability to collaborate cross-functionally and coordinate efforts around process improvement.
- Proven ability to organize, execute, and deliver on commitments.
Additional Information
GE HealthCare offers a great work environment, professional development, challenging careers, and competitive compensation. GE HealthCare is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
GE HealthCare will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19, some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.
Relocation Assistance Provided: No
Seniority level
Employment type
Job function
- Purchasing and Supply Chain
Industries
- Hospitals and Health Care