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Procurement Manager, Vendor Risk Management
Procurement Manager, Vendor Risk Management-June 2024
West Coast Us
Jun 10, 2025
About Procurement Manager, Vendor Risk Management

  Bausch + Lomb (NYSE/TSX: BLCO) is a leading global eye health company dedicated to protecting and enhancing the gift of sight for millions of people around the worldfrom the moment of birth through every phase of life. Our mission is simple, yet powerful: helping you see better, to live better.

  Our comprehensive portfolio of over 400 products is fully integrated and built to serve our customers across the full spectrum of their eye health needs throughout their lives. Our iconic brand is built on the deep trust and loyalty of our customers established over our 170-year history. We have a significant global research, development, manufacturing, and commercial footprint of approximately 13,000 employees and a presence in approximately 100 countries, extending our reach to billions of potential customers across the globe. We have long been associated with many of the most significant advances in eye health, and we believe we are well positioned to continue leading the advancement of eye health in the future.

  Objective :

  The Procurement Manager, Vendor Risk Management is responsible for managing vendor risk management activities including supplier governance, strategies, assessments, questionnaires and reporting. This role reports directly to the Global Procurement Leader for Bausch + Lomb.

  Responsibilities:

  Manage vendor risk management process to ensure all activities completed efficiently and effectively including supplier set-up, questionnaires, assessments, evaluation, risk level, action plans, and reporting. Scope includes both initial supplier evaluations and on-going supply base management assessments.

  Partner and coordinate communications with internal functions including but not limited to Compliance, Quality, Operations, IT, Legal, EHS, Import/Export and Finance.

  Manage, segment, and validate supply base data including key certificates.

  Develop and deliver reports and dashboards with supplier metrics.

  Participate in ESG reporting including but not limited to GRI and CSRD/ESRS.

  Manage and coordinate supplier risk management software tools including but not limited to ESG, financial, industry, and geographic.

  Manage contracts, users, data flows, and reporting. Manage expedited process for urgent supplier set-ups and evaluations.

  Conduct training on tools for business stakeholders as needed.

  Manage spend management tool including data uploads, classifications, reporting, and users. Work closely with Procurement and IT at all sites to ensure successful and on-time process.

  Requirements :

  Bachelor’s degree with related experience required. MS/MBA/CPM/CPIM a plus.

  Minimum of 8 years of experience in sourcing and procurement.

  Minimum of 3 years experience as a Procurement Manager.

  Demonstrated experience in managing a large supply base, evaluating supplier risks, and developing and implementing risk mitigation plans.

  Must have proven track record of managing supplier risk including evaluating new suppliers, reporting metrics, and developing action plans for performance improvement.

  Experience with vendor risk management tools, spend management tools, and ERP Procure to Pay systems. Must be familiar with supplier performance metrics and key ESG performance indicators.

  Excellent communication skills and the ability to effectively influence all levels of management. Ability to think critically and multitask with sense of urgency.

  We offer competitive salary & excellent benefits including:

  Medical, Dental, Eye Health, Disability and Life Insurance begins on your hire date

  401K Plan with company match and ongoing company contribution

  Paid time off – vacation (3 weeks - prorated upon hire), floating holidays and sick time

  Employee Stock Purchase Plan with company match

  Employee Incentive Bonus

  Tuition Reimbursement (select degrees)

  Ongoing performance feedback and annual compensation review

  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

  As required by New York State's pay transparency bill, Bausch + Lomb provides a good faith minimum and maximum salary range of compensation for roles that can or will be performed, in New York State. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, and specific office location. For New York State, the range of starting annual base pay for this role is $100,000 - $154,000.

  Job Applicants should be aware of job offer scams perpetrated through the use of the Internet and social media platforms.

  To learn more please read Bausch+Lomb's Job Offer Fraud Statement (https://hcm2preview.sapsf.eu/bauschhealT4/Bausch_job_posting_statement.docx) .

  Our Benefit Programs: https://www.bausch.com/careers/benefits/

  Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

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