Director Enterprise Risk Management and Internal Audit

Profile

Bristol-Myers Squibb is a global Biopharma company committed to a single mission: to discover, develop, and deliver innovative medicines focused on helping millions of patients around the world in disease areas such as oncology, cardiovascular, immunoscience and fibrosis.

Join us and make a difference. We hire the best people and provide them with a work environment that places a premium on diversity, integrity, collaboration and personal development. Through a culture of inclusion, we create a better, more productive work environment. We believe that the diverse experiences and perspectives of all our employees help to drive innovation and transformative business results.

The Director, Enterprise Risk Management and Internal Audit reports to the Chief Audit Officer (CAO) and will have dual responsibilities as Project Management Office (PMO) lead for the company's Enterprise Risk Management (ERM) program and to lead development and execution of the risk based audit plan, including financial, operational and compliance audits.

ERM PMO lead responsibilities include working with the BMS Leadership Team and specific enterprise risk owners to assess risks, document relevant risk scenarios, capture relevant mitigation actions and indicators/metrics. Additional responsibilities include development of periodic ERM reporting, development of board related materials, supporting ERM governance committees, and optimizing the use of technology to enable program administration and to identify continuous improvement opportunities to improve the overall efficiency and value of the ERM program.

Internal Audit Leadership responsibilities include all aspects of audit execution (from planning to report issuance) for all assigned projects. This includes engagement scheduling, execution, and associated project management activities. The Director collaborates with the CAO and other members of the leadership team in developing and updating the risk-based, dynamic audit plan. The Director has a leadership role in the functional risk assessment work performed for Internal Audit. Finally, the Director partners with the CAO on talent management including recruiting, career development coaching talent, and succession plans. Also, participates in special projects and enterprise initiatives.

Responsibilities:


Lead the process to perform periodic enterprise risk assessments through engagement of the BMS Leadership Team (LT) and Global Leadership Team members.
Facilitate dialogue with the LT to review the results of the enterprise risk assessment and work with ERM risk owners and risk coordinators to periodically document, review and update risk mitigations and indicators for use in ERM Program reporting.
Identify and recommend improvements and efficiencies in the ERM governance, risk validation and reporting processes to further program maturity and quality of program deliverables.
Seek to optimize the use of technology to administer and manage ERM program deliverables, share risk data across other risk management functions, and incorporate and coordination of data
Evolve and manage ERM reporting, tools, practices
Lead development of enterprise risk reporting presentations for the board and materials for related governance committees
Monitor emerging risks and consider implications in the context of ERM or Internal Audit leadership responsibilities
Lead internal audit risk assessments and develop risk-based audit plan content; work with the CAO to define appropriate audit plan content which considers BMS' risk profile and relevant sector specific risks.
Direct the performance of integrated audit engagements, including special projects, management requests, investigations, and due diligence, through planning, execution, and reporting with consideration of input from key stakeholders. Ensure all engagements are completed in line with BMS and IIA standards.
Identify significant risks within each operation or process under review and ensure audit procedures developed are appropriate to address the risks. Approve scope, personnel assignments and timing of engagement in collaboration with the Audit Leadership team.
Liaise with other risk management functions, to further audit plan execution, coordination and understand the results of work performed by such functions; Act in an advisory capacity (given departmental independence) with respect to these matters where appropriate.
Effectively manage cross-functional departmental staff, including co-sourced audit resources. Effectively perform all HR related company processes including performance management, team mentoring, development planning and succession planning.
Direct and provide guidance towards the preparation of the report for each engagement ensuring findings, action items and recommendations are practical and actionable.
Communicate effectively with internal and external management to align on audit observations and recommendations.
Coach/mentor direct reports and staff assigned to audits. Foster an inclusive and feedback-rich environment.
Develop strong networks with key stakeholders to identify audit plan input, identify and cascade to relevant people, process and system changes to GIA, and act as a resource to them on control/process issues.
Identify, lead and participate in continuous improvement initiatives.
Recruit, develop and motivate audit service professionals.
Participate in other company information system initiatives/projects.
Quickly recognize the existence of a problem, its business relevance, and determine a logical solution.
Ensure that opportunities for making control and operational improvements are identified.
Provide reports on audit results and make recommendations.
Participate in enterprise-wide initiatives.
In addition, other job duties that may be assigned may be modified at any time as both the departmental and company needs require. Qualifications:
BS/BA or equivalent required; MBA and/or other professional certifications inclusive of CPA, CISA, or other risk management certification(s) required.
Auditing experience required. A minimum of 10-15 years of prior experience in financial, operational, technology, business controls, or compliance areas; ability to audit across multiple risk areas individually and in an integrated audit preferred.
Standards/Regulations - Knowledge of IIA standards required. Knowledge industry specific compliance regulations including, anti-bribery, promotional practices, and data privacy preferred.
Ability to present and write concisely and clearly to all management levels.
Process Design and Analysis - Ability to analyze controls and complex processes and assess their efficiency and effectiveness.
Experience and knowledge of enterprise risk management practices and governance materials, including COSO required.
Language - English required, fluency in additional language(s) preferred
Excel/Word/PowerPoint capability required; Data analytics experience preferred (specifically with visualization tools such as Tableau). Experience with ERPs, such as SAP, desired.
Language - English required, fluency in additional language(s) preferred
Ability to travel globally - up to 25% of the time. Personal Characteristics:
Customer Focus: Dedication to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it deliver value in the context of audits performed; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
Project Management: Demonstrates speed and innovation to get things done; knows how to organize people and activities efficient and effectively; knows what to measure and how to measure it; can identify opportunities for synergy and integration where others cannot; can simplify complex processes; knows of and can leverage resources to drive projects forward across functions and within the function.
Critical thinking and problem-solving skills: Gather relevant information and critically evaluates it to direct audit teams including relevant managers and leads. Has the ability to provide executive level distillation from interactions with audit team managers. Anticipates changes and drives solutions.
Communication Skills : Showcases excellent communication skills, demonstrating a strong ability persuade others, strategically develops messaging and clearly communicates with executives and stakeholders to meet and understand their needs. Experienced in developing written reports and delivering presentations.
Continuous Improvement mindset: Identifies opportunities for continuous improvement. Quickly grasps concepts and structures. Adapts rapidly in a changing environment.
Action Oriented: Pursues tasks with energy and drive, and completes responsibilities on time, with the highest quality.
Development-Oriented: Committed to, and actively works toward continuous self-development and development of teams and direct reports. Provides challenging and stretch tasks and assignments; is aware of staffs' career goals; holds frequent development discussions; rewards and recognizes others. Supports broader enterprise objectives of talent rotation and talent sharing; is a developer of talent.
Team Player: Builds strong networks throughout the Company and specifically with key stakeholders. Works well in a team environment. Develops leadership both within self and across teams.
Behavior: Models BMS behaviors and builds leadership capabilities
Presence/Command Skills: Extensive leadership experience. Exhibits executive presence. Faces difficult situations with integrity and tenacity.
Learning on the Fly/Flexible: Analyzes successes and failures for continuous improvement. Quickly grasps the essence and underlying structure. Adapts rapidly in a changing environment.
Collaboration: Collaborating with other risk functions to ensure an appropriate understanding of risk in the leadership of engagements, including the planning, execution and reporting on the results of work performed. Bristol-Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees the resources to pursue their goals, both at work and in their personal lives. Company: Bristol-Myers Squibb Req Number: R1526022_EN Updated: 2020-06-10 00:00:00.000 UTC Location: Princeton,New Jersey


Bristol Myers Squibb is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, pregnancy, citizenship, marital status, gender expression, genetic information, political affiliation, or any other characteristic protected by law.

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