Senior Manager, Third-Party Risk Management (TPRM)

Vertex Pharmaceuticals • Boston, MA

1d • Hybrid

About The Position

The Senior Manager, Third-Party Risk Management (TPRM) will serve as the Subject Matter Expert (SME) for the operational processes of the enterprise-wide TPRM program. Reporting to the Senior Director of Strategic Sourcing Enterprise Third-Party Risk Management, this role will focus on managing day-to-day TPRM operations, ensuring seamless stakeholder engagement, and providing excellent user support. The Senior Manager will act as a liaison between vendors and business owners, triaging questions, facilitating communication, and tracking issues to resolution. The role also includes supporting the use and maintenance of TPRM tools (e.g., ProcessUnity, Archer, RiskConnect, or similar platforms) and driving the resolution of findings and issues identified during risk assessments. The ideal candidate will have a strong background in operational process management, stakeholder engagement, and third-party risk tools, with a collaborative and service-oriented approach. Experience in biopharma, biotech, or a related field is preferred but not mandatory.

Requirements

• Bachelor’s degree in Business, Finance, Risk Management, or a related field.
• 5–7 years of experience in third-party risk management, sourcing, or compliance, preferably in a regulated industry.
• Hands-on experience with TPRM tools such as ProcessUnity, Archer, RiskConnect, or similar platforms.
• Strong organizational and communication skills, with a focus on stakeholder engagement and user support.
• Proven ability to manage operational processes and track issue resolution.
• Familiarity with third-party risk management policies, tools, and processes.
• Experience in collaborating with business owners and vendors to address and resolve inquiries.
• Proficiency in Microsoft Office and other relevant tools.

Nice To Haves

• Experience in biopharma, biotech, or a related field is preferred but not mandatory.

Responsibilities

• Serve as the SME for TPRM operational processes, providing guidance and support to stakeholders across the organization.
• Manage the day-to-day operations of the TPRM program, ensuring efficient execution of processes and adherence to timelines.
• Support the use and maintenance of TPRM tools (e.g., ProcessUnity, Archer, RiskConnect), ensuring data accuracy and system optimization.
• Track and drive the resolution of findings and issues identified during third-party risk assessments.
• Support root cause analysis and corrective actions for third-party risk incidents to prevent recurrence.
• Partner with owners of Vertex's risk lanes (Operational, Financial, Regulatory, Structural) to facilitate the execution and tracking of TPRM risk assessments.
• Develop and maintain risk metrics, dashboards, and reports to provide visibility into TPRM activities and outcomes.
• Provide excellent user support to business owners, risk subject matter experts (SMEs), and other stakeholders involved in the TPRM process.
• Act as a liaison between vendors and business owners, triaging questions, facilitating communication, and ensuring timely resolution of issues.
• Collaborate with business owners to integrate TPRM requirements into vendor management processes.
• Support the development and delivery of training materials and workshops to enhance awareness and adoption of TPRM policies and processes.
• Assist in preparing materials for governance forums, including reporting, key metrics, and summaries.
• Ensure compliance with internal policies, regulatory requirements, and industry standards.
• Stay updated on changes in regulatory requirements and industry best practices to ensure the TPRM program remains current and effective.

Benefits

• This role is eligible for an annual bonus and annual equity awards.
• medical, dental and vision benefits
• generous paid time off (including a week-long company shutdown in the Summer and the Winter)
• educational assistance programs including student loan repayment
• a generous commuting subsidy
• matching charitable donations
• 401(k)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees