Executive Director, Risk Assessments & Insights

Posted:
7/21/2024, 5:00:00 PM

Location(s):
New Jersey, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Legal & Compliance

Workplace Type:
Hybrid

Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.

At BMS, we believe business functions and Compliance & Ethics are equally accountable for both company success and ethical behavior. Our Compliance & Ethics team is committed to enabling well-informed, risk-based decisions that get more medicines to more patients, faster. 

The Executive Director of Risk Assessments will be a key leader within our organization, responsible for driving the continuous improvement of our risk assessment practices for healthcare compliance, enterprise risk management and third party risk. This role requires a strategic mindset, strong analytical skills, and the ability to collaborate effectively with cross-functional teams. The successful candidate will have a proven track record in risk management, process design, and effective communication.

The Executive Director of Risk Assessments will play a critical role in enhancing and updating risk assessment methodologies, models, inputs, requirements, and processes within our organization. This position will be responsible for training primary owners and business stakeholders on how to execute the risk assessment process effectively. Additionally, the Executive Director will oversee the deployment of risk assessments through applicable tools, monitor their performance and completion, and facilitate calibration processes to ensure accuracy and consistency. If you want an exciting and rewarding career that is meaningful, consider joining our diverse team!

Key Responsibilities:

  • Lead a global team that is accountable for risk assessment and analysis related to healthcare compliance risk, enterprise risk and third-party risk.
  • Design, enhance and update risk assessment methodologies, models, inputs, requirements, and processes to ensure their effectiveness and alignment with industry best practices.
  • Educate primary owners and business stakeholders on how to execute the risk assessment process, providing guidance and support to ensure consistent and accurate assessments.
  • Oversee due diligence of third parties for C&E as required.
  • Strategically deploy risk assessments through applicable tools, leveraging technology to streamline and automate the process where possible.
  • Oversee and monitor the performance and completion of risk assessments, ensuring adherence to established timelines and quality standards.
  • Facilitate and manage risk assessment calibration processes to ensure consistency and accuracy across different teams and business units.
  • Design, develop, and distribute comprehensive reports on risk assessment findings to designated stakeholders, providing actionable insights and recommendations.

Qualifications & Experience:

  • Requires deep expertise in healthcare compliance monitoring and remediation, enterprise risk management and third party risk management, typically gained through at least 15 years of experience in related roles.
  • Risk Management: Possess a deep understanding of risk management principles, frameworks, and methodologies, with the ability to apply them effectively in the context of risk assessments.
  • Process Design: Demonstrate expertise in designing and optimizing processes, ensuring efficiency, accuracy, and scalability in risk assessment activities.
  • Communications: Possess excellent communication skills, both written and verbal, with the ability to effectively convey complex risk assessment concepts to diverse audiences.
  • Executive Presence / Influence: Exhibit strong executive presence and the ability to influence stakeholders at all levels of the organization, driving alignment and support for risk assessment initiatives.
  • Works independently / with minimal direction.

If you come across a role that intrigues you but doesn’t perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as “Transforming patients’ lives through science™ ”, every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

On-site Protocol

BMS has a diverse occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role:

Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.

BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to [email protected]. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.

BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.

BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

Bristol Myers Squibb

Website: https://bms.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1887

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Biotechnology ⋅ Health Care ⋅ Medical ⋅ Pharmaceutical ⋅ Precision Medicine