Risk Compliance and Conformity support

Job Title: Risk Compliance and Conformity support

Location: Hyderabad

About the job:

Sanofi is an innovative global healthcare company headquartered in Paris, France with one purpose: Chase the miracles of science to improve people’s lives. We are dedicated to making a positive impact on the lives of the patients and families we serve, and we accomplish our goals through world-class research and with the compassion and commitment of our employees. 

The company is focused on accelerating development to deliver breakthrough medicines and vaccines to patients, delivering excellence though Diversity.

Sanofi operates in 90 countries with 91 000 employees worldwide, working in 59 manufacturing and 20 Research & Development (R&D) sites. In 2022 business net income was €10.3 Billion, delivered by 4 Global Business Units: Specialty care, Consumer Healthcare, Vaccines & General Medicines.

Sanofi covers major therapeutic areas, including immunology, cardiovascular, diabetes, oncology, rare diseases, etc. Within Sanofi,the Procurement function is a powerhouse maximizing savings to fund the company’s future growth. The Chief Procurement Officer is reporting to the Chief Financial Officer, member of the sanofi executive committee. The Procurement organization is divided into five Domains (Manufacturing & Supply, Marketing & Sales, Professional Services, Scientific & Medical and Digital) leveraging Global Procurement Operations and the Procurement Center of Excellence & Transformation.  The yearly spend coverage is around 15B€ with a special focus on Procurement excellence, Supplier Diversity and Sustainability. Closely collaborating with Finance, Business Operations and Business Units, Procurement is instrumental in achieving cost efficiency and savings. Procurement plays a critical role in optimizing Business Operational Impact with a focus on driving simplification, efficiency, and productivity. It forges strategic partnerships with suppliers, prioritizing innovation and data driven solutions.

As the Risk Conformity and Compliance support, you will play a crucial role in driving our global procurement Risk strategy, ensuring compliance with government rules and regulations related to human rights, labor, corporate social responsibility and the procurement risk framework utilizing the Data Analytics and visualization skills with a Consulting approach- bringing the Outside in view, building new processes and execution via Documentation and stakeholder management. You will collaborate closely with the procurement risk excellence leads to ensure accurate and timely reporting of the metrics and compliance of the inline and potential suppliers.  

Main Responsibilities:

Drive Compliance thru data and metrics

• Manage Weekly, Monthly and Quarterly metrics reporting using the risk Coupa dashboard.

• Lead the URD chapter 3 reporting of the Risk progress and update from corporate perspective.

• Continuous Data gathering and Risk KPI monitoring per the supplier segmentation policy.

• Ownership of Updating Policy and reporting and continuous improvement

• Maintain ECOVADIS, Cybervadis, financial assessment etc.  reporting for the critical suppliers.

• Ensure Supplier code of conduct and contract templates are reflecting of the current human rights and labor requirements

• Ensure adherence of the procurement community to the procurement risk program by monitoring annual training metrics.

• Lead and run the monthly core team meeting for the risk governance framework.

• Implement Risk Governance Model & the other recommendations (Human rights policy creation, supplier engagement initiatives)

• Integration and Monitoring of other processes and guidelines e.g. Grievance mechanisms in line with the EU directive.

• Monitor and report on the key performance indicators (KPIs) and metrics to measure the effectiveness of risk management initiatives and ensure consistent reporting.

• Implement continuous improvement initiatives per the direction of the risk leads to enhance the efficiency and effectiveness of procurement risk management processes.

Qualifications:

Required:

• Undergraduate degree in business administration/Engineering degree: in Supply Chain Management, Finance, or related field.

• At least 5 years proven experience in Risk Management and/or procurement, supply chain management, within the pharmaceutical or healthcare industry.

• Strong understanding of procurement processes, supplier relationship management, and supply chain risk management principles.

• Excellent analytical skills with the ability to identify, assess, and prioritize risks effectively.

• Solid understanding of regulatory requirements and industry standards related to procurement and supply chain management.

• Excellent communication, interpersonal, and influencing skills with the ability to collaborate effectively across different levels of the organization.

• Proven ability to manage multiple projects simultaneously and deliver results within established timelines.

• Strong attention to detail and ability to work independently with minimal supervision.

• Excellent MS Office skills (Microsoft powerpoint, excel etc.)

• Experience with Power BI, sharepoint,  Ecovadis, Cybervadis and COUPA is must.

Preferred Qualifications

• Experience with conducting general Financial Audit and/or specific supplier audits, assessments, or evaluations.

• Knowledge of EU CSRD and CS3D is preferred.

Languages

   Fluent in English is a must