Sr Manager, Procurement Operations and Third-Party Risk Management

$118,300 - $147,900/Yr

Teradata Operations - Annapolis, MD

Full-time - Mid Level

Annapolis, MD

Computer and Electronic Product Manufacturing

About the position

The Sr Manager, Procurement Operations and Third-Party Risk Management at Teradata is responsible for leading the Indirect Procurement team to optimize procurement processes, manage third-party risks, and ensure compliance with procurement policies. This role involves driving transformational initiatives, managing day-to-day operations of the Procurement Center of Excellence, and collaborating with business stakeholders to mitigate risks associated with third-party suppliers. The position requires a strategic mindset to enhance procurement efficiency and deliver value to the organization.

Responsibilities

• Drive optimization and standardization of Procurement policies, processes, and programs.
• Manage day-to-day operational activities of the Procurement Center of Excellence (COE) and Third-Party Risk Management (TPRM) functions.
• Lead cross-functional projects and teams to co-create, document, and operationalize Procurement transformational initiatives.
• Train Procurement organization and business stakeholders on Procurement policies, processes, and programs.
• Manage, co-create, and update Procurement policies, processes, and SOPs, and create enablement playbooks for core functions.
• Facilitate comprehensive third-party risk assessments and partner with adjacent functions on risk mitigation actions.
• Conduct training sessions and awareness campaigns on third-party risk management and procurement best practices.
• Prepare and present regular reports to senior management on third-party risk management activities.

Requirements

• Certified professional designations such as CTPRP, CISM, or CISSP.
• Bachelor's Degree in Procurement or Business Management; Master's Degree preferred.
• Deep procurement and/or business transformation experience.
• Strong track record of purpose-driven performance and turning innovation into sustainable business results.
• Demonstrated experience in providing thought leadership in developing and influencing business strategy at the C-level.
• Demonstrated understanding of risk assessment methodologies and industry standards.
• Effective analytical skills to identify and evaluate potential risks and vulnerabilities.
• Ability to manage complex projects and provide solutions to business challenges.
• Experience leading and participating in cross-functional re-engineering or process improvement efforts.

Nice-to-haves

• Knowledge of procurement metrics/KPIs and advanced procurement data analytics.
• Understanding of ESG topics related to third-party suppliers.
• Experience working on a global scale with a variety of cultures.

Benefits

• Flexible work model
• People-first culture
• Focus on well-being
• Commitment to Diversity, Equity, and Inclusion
• Competitive Total Rewards package