• Job title :Head of Procurement Risk Assurance

• Location: Hyderabad

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At Sanofi we chase the miracles of science to improve people’s lives. We are dedicated to making a positive impact on the lives of the patients and families we serve, and we accomplish our goals through world-class research and with the compassion and commitment of our employees.

As we continue to transform the practice of medicine, the next chapter of Sanofi’s Play to Win strategy will require a focus on delivering transformation and simplification of our core processes, optimizing resource allocation and deployment to fuel business growth and investment in science.

To facilitate this transformation, a new Business Operations Business Unit is being established, bringing together existing business service activities, and driving further expansion of centralized services at scale into a global unit, with a focus on driving simplification, efficiency, and productivity.

This new Business Unit will enable the delivery of best-in-class business support capabilities across the organization, incorporating and engaging disparate teams from across areas such as R&D, M&S, the Corporate Functions and GBUs into new global Service Delivery Towers with initial services spanning Commercial, Finance, Procurement and People & Culture.

About the job

Reporting to the Head of Service, Portfolio Management & Risk Assurance, the Head of Procurement Risk Assurance plays a critical role in safeguarding Sanofi’s assets and reputation through the implementation of improved controls and standard, efficient processes across key Procurement Services programs and initiatives, including Third Party Risk Management (TPRM), Corporate Sustainability Due Diligence, and Supplier Diversity. This role will work directly with the Procurement Risk Management Team (dotted line).

Responsibilities

Strategic Leadership:

• Lead the Procurement Services Risk Assurance organization, ensuring alignment with the broader Global Business Operations and Hub operating model.

• Implement a comprehensive risk management strategy based on a defined Risk Framework, aligning with broader organizational objectives.

Risk Identification and Mitigation:

• Lead efforts to identify, assess, and mitigate risks across Procurement Services and Business Operations, leveraging existing internal and external resources.

• Collaborate with internal control teams to enhance existing control mechanisms across the front office of Procurement and middle / back offices of Procurement Services.

Process Improvement and Documentation:

• Partner with the Head of Procurement Risk Management and Supplier Diversity to design and develop an enhanced framework and target operating model for complying with Third Party Risk Management (TPRM), Sustainability and Supplier Diversity-related regulations; execute managed service commitments, ensuring efficiency in operations and adherence to corporate standards.

• Optimize risk identification and mitigation plans for new and existing vendors and establish relevant regulatory requirements.

Feedback Mechanism and Coordination:

• Establish a closed-loop feedback model to collect and assess opportunities to improve risk management processes.

• Coordinate responses to internal and external audits, ensuring timely and effective remediation of identified issues.

Performance Tracking and Reporting:

• Oversee the tracking of key performance indicators related to risk management, demonstrating value through innovation and delivery excellence in collaboration with the Procurement Risk Management team.

• Support monthly, quarterly, and ad-hoc reporting needs related to risk assurance within Procurement Services.

About you

Experience :

• 5-7 years of prior experience in delivering risk management for global organization in a leadership role.

• Experience with conducting general Financial Audit and/or specific supplier audits, assessments, or evaluations.

Soft and technical skills :

• Knowledge of pharmacovigilance, drug safety, or regulatory compliance requirements.

• Knowledge of child labor, anti-bribery, ethics, living wage human rights regulations globally.

• Strong verbal and written communication skills.

• Effective collaborator with strong trust-building, negotiation and influencing skills.

• Impact-oriented with strong analytical, structuring, problem-solving, and strategic capabilities to innovate, design and execute a plan.

• Strong business acumen, strategic thinking, and ability to leverage a natural intellectual curiosity.

• Critical thinking and ability to challenge conventional ways of working, generate new ideas and to leverage variety of approaches as appropriate to the problem to be solved.

• Developed business partnering, collaboration, and interpersonal skills.

• Demonstrated ability to interact with and influence senior level stakeholders.

• Ability to work in a matrixed international environment.

Education :

• A BA/BS degree in Accounting, Finance, or other business discipline.

Languages : Fluent in English (spoken and written).

Ability to travel approximately 20% of the time, including international travel.

Why choose us?

• This is an exciting time to be part of the team, to design and develop an enhanced framework and target operating model for complying with Third Party Risk Management (TPRM), Sustainability and Supplier Diversity-related regulations.

• Be part of the larger Sanofi Business Operations Ambition to serve our core purpose of Sanofi i.e. We chase the Miracles of Science to improve People’s Lives.

• Opportunity for cross collaboration,make connections with people, and stretch the limits of what you thought was possible!

Pursue Progress. Discover Extraordinary.

Progress doesn’t happen without people – people from different backgrounds, in different locations, doing different roles, all united by one thing: a desire to make miracles happen. You can be one of those people. Chasing change, embracing new ideas and exploring all the opportunities we have to offer. Let’s pursue progress. And let’s discover extraordinary together.

At Sanofi, we provide equal opportunities to all regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity. Watch our ALL IN video and check out our Diversity Equity and Inclusion actions at sanofi.com!