Head of Procurement and Sourcing
About The Position
BridgeBio is building a dedicated Strategic Procurement function and is looking for a Director to lead it. This is a build role where the Director will establish the team, sourcing strategy, and governance, and manage procurement for BridgeBio's non-clinical spend categories, including IT, Travel & Expense (T&E), Sales & Marketing (S&M), and General & Administrative (G&A). The Director will oversee the entire procurement lifecycle, from defining category strategy and conducting sourcing events (RFI/RFP/RFQ) to leading contract negotiations, implementing contract lifecycle management, and developing a supplier performance management program with KPI tracking and business reviews. Reporting to the Executive Director, FP&A, the Director will be responsible for achieving measurable savings from an annual addressable spend of approximately $500 million and for building the necessary team, processes, and infrastructure to maintain this performance.
Requirements
- Bachelor's degree required; MBA preferred.
- 10+ years of progressive experience in procurement or strategic sourcing, including experience leading a team.
- Biotech, pharma, or life sciences industry experience strongly preferred.
- Demonstrated experience building or scaling a procurement function, ideally in a growth-stage or resource-conscious environment.
- Category expertise across some combination of IT, corporate travel, marketing/agency spend, and G&A services.
- Track record of delivering measurable, validated cost savings.
- Strong contract negotiation and vendor management skills.
- Excellent executive communication and stakeholder management skills, given regular visibility with senior Finance leadership.
- Analytical and comfortable operating with limited infrastructure in a fast-paced environment.
Responsibilities
- Stand up and lead the Strategic Procurement team, including direct management of a Sr. Manager, Strategic Sourcing and two Buyer (contractor) resources.
- Recruit, onboard, and develop procurement talent as the function scales; define roles, workflows, and performance expectations for the team.
- Own strategic sourcing and vendor management across four in-scope categories: IT (software, hardware, SaaS, telecom, vendor contracts), T&E (corporate travel, hotel and airline programs), S&M (agencies, events, market research, promotional spend), and G&A (IT enterprise services, company-wide events, professional services, facilities, office and MRO supplies).
- Develop and execute category sourcing strategies against ~$500M in addressable non-clinical spend.
- Deliver a savings target of 2–4% of addressable spend annually (approximately $5M–$10M), representing a 5x–10x return on the team's total cost.
- Build the pipeline, tracking, and reporting needed to validate savings and hold the function accountable to target.
- Lead RFP processes, vendor negotiations, and contract structuring across in-scope categories.
- Establish ongoing vendor performance management and contract renewal governance.
- Partner closely with Finance, IT, Sales & Marketing, G&A, and Legal stakeholders to align sourcing strategy with business needs.
- Act as the primary point of contact for procurement matters with the Executive Director, FP&A and other senior stakeholders.
- Establish procurement policies, approval workflows, and procure-to-pay processes for a newly formed function.
- Build dashboards and reporting to track savings, spend under management, and team performance; present results to Finance leadership.
Benefits
- Market-leading compensation
- Annual performance bonus
- Company equity
- 401(k) with employer match
- Employee Stock Purchase Program (ESPP)
- Pre-tax commuter benefits (transit and parking)
- Referral bonus for hired candidates
- Subsidized lunch and parking on in-office days
- 100% employer-paid medical, dental, and vision premiums for you and your dependents
- Health Savings Account (HSA) with annual employer contributions
- Flexible Spending Accounts (FSA)
- Fertility & family-forming benefits
- Expanded mental health support (therapy and coaching resources)
- Hybrid work model with flexibility
- Flexible, “take-what-you-need” paid time off and company-paid holidays
- Comprehensive paid medical and parental leave to care for yourself and your family
- Career pathing through regular feedback, continuous education and professional development programs via LinkedIn Learning, LifeLabs, & BetterUp Coaching
- Financial rewards, peer-to-peer recognition, and growth opportunities for strong performance
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What This Job Offers
Job Type
Full-time
Career Level
Director
