Executive Director TPRM

About the Role

We are creating a new Third Party Risk Management function and are looking for an Executive Director Third Party Risk Management to own the enterprise TPRM program , define the enterprise risk management vison and ensure governance and accountability at all levels associated with the companys external partners, suppliers, and service providers. This role ensures that third-party engagements align with the companys ethical, regulatory, and operational standards supporting compliant, resilient, and high-performing external relationships across R&D, manufacturing, and commercial operations.

The Executive Director of TPRM will develop and operate a globally consistent, risk-based framework that enables proactive decision-making and regulatory confidence, while maintaining business agility and innovation. This role will be responsible for the TPRM framework, ensuring alignment with policies, systems, technology and regulatory requirements across all business areas. Leading a team of people across geographies the role will be responsible for day-to-day operations as well as the strategic approach to handling Third Party Risk.

A Typical Day In This Role Might Look Like

Set and drive the global TPRM vision, strategy and operating model
Lead the global Third-Party Risk Framework, policy, and standards ensuring consistent application across all regions and supplier types.
Establish and chair the Global Supplier Risk Committee to influence executive decision making and integrate risk management into business strategy.
Drive a culture of accountability and risk awareness across Procurement and business partners.
Lead a team of high performing individuals who drive an enterprise wide culture of alignment with regulatory and industry standards
Partner with Quality and Compliance on supplier qualification, audits, and corrective actions.
Provide executive oversight and strategic direction for supplier risk lifecycle management: onboarding, due diligence, ongoing monitoring, issue management, and offboarding.
Lead and mentor a distributed team of risk professionals across geographies
Identify, implement and manage a TPRM technology platform and ensure data accuracy across systems.
Define key metrics and dashboards (KRIs/KPIs) to monitor risk posture and report to senior leadership.
Regularly benchmark TPRM practices against global best practices and drives continuous maturity of the program.
Drive automation, analytics, and predictive insights through technology and external risk intelligence.
Develop and deliver global training and awareness programs for risk management in supplier relationships.