Senior Procurement and Risk Manager

Key Responsibilities

• Develop and execute enterprise-wide procurement strategies to optimize cost, quality, service, and supply reliability.
• Lead category management strategies, including supplier segmentation, contracting, and long-term sourcing plans.
• Drive value creation through cost reduction initiatives, demand management, and total cost of ownership analysis.
• Identify, assess, and mitigate procurement and supply-chain risks, including supplier concentration, market volatility, geopolitical risk, and regulatory exposure.
• Establish and maintain supplier risk assessment frameworks, contingency plans, and business continuity strategies.
• Monitor commodity markets, supplier financial health, and external risk indicators to proactively manage exposure.
• Lead supplier selection, qualification, performance management, and relationship development.
• Negotiate complex, high-value contracts, including pricing structures, risk-sharing mechanisms, and service-level agreements.
• Ensure compliance with internal procurement policies, ethical sourcing standards, and applicable regulations.
• Partner with finance on budgeting, forecasting, hedging strategies, and cost-risk modeling.
• Collaborate with operations and planning teams to align sourcing strategies with production and inventory needs.
• Work with legal and compliance teams to manage contract risk, regulatory compliance, and dispute resolution.
• Provide leadership, mentorship, and development to procurement and risk management team members.
• Establish and improve procurement processes, controls, and reporting tools.
• Lead digital procurement initiatives, including ERP, sourcing platforms, and risk-monitoring tools.

Required Education and/or Experience

• Bachelor’s degree in supply chain management, Business, Finance, Economics, or related field.
• 8–10 years of progressive experience in procurement, sourcing, and/or supply chain risk management.
• Proven experience managing strategic suppliers and complex contracts.
• Strong understanding of risk management frameworks and commodity or market-based pricing.

Preferred

• Master’s degree or MBA.
• Professional certifications (e.g., CPSM, CIPS, CSCP, CRM).
• Experience in manufacturing, agriculture, food production, or other asset-intensive industries.
• Experience with hedging, futures, or financial risk management strategies.