Director, Supplier Governance and Reporting, ESG & Risk

McKinsey & Company
parental leave, paid time off
United States, New York, New York
Jan 05, 2025
Procurement Director, Supplier Governance and Reporting, ESG & Risk Job ID: 93056 This role requires an experienced leader with a robust track record in ESG supplier risk management within a matrixed, global corporate landscape. Are you driven by the opportunity to tackle complex challenges and work alongside top leaders? Do you want to be part of a team that delivers outcomes that others simply can't? If so, you've come to the right place. Who You'll Work With Optimize is the global third-party management capability of the firm, enhancing and protecting the firm's resources and reputation by making responsible buying easy and creating leading solutions and experiences across our supplier ecosystem. We are hiring for a Director to lead the Supplier Compliance & Reporting pillar within Optimize's Supplier Risk & Social Responsibility team. This highly visible role will report directly to the Director of Supplier Risk & Social Responsibility. In this role, you will work with senior leaders on the risk, compliance, legal and global social responsibility teams to ensure the firm's global third-party management function sets the standard for accountability and compliance in a rapidly evolving global regulatory environment. You will be responsible for owning all strategy and implementation related to supplier risk governance, ESG & Risk reporting, policies, and compliance. You will also work with category leads and other stakeholders across the Optimize function to ensure ESG & risk governance principles are successfully embedded into our third-party management strategies and principles Your impact within our firm You will shape, drive and execute McKinsey's vision, strategy and overall approach to ESG & Risk reporting, policies, and compliance, with a focus on continuous improvement to keep pace with new/emerging regulations and threats to our supplier base. You will be responsible for ensuring that the firm's ESG-diligence process is industry leading and aligned to global frameworks like the UN Guiding Principles on Business and Human Rights, and new regulations such as The German Supply Chain Due Diligence Act (LkSG). You will develop a strategy and approach to advance compliance with regulatory, voluntary and internal ESG & risk reporting relating to our third-party risk management practices and supplier base. You will lead the development and implementation of internal and external policies and processes to mitigate risk in the supplier chain. You will stay on top of trends and cutting-edge thinking on ESG supplier risk, compliance and reporting topics (through research and participation in relevant convening groups and organizations) - and incorporate into our strategy - to ensure we maintain an industry-leading program in ESG supplier risk management and reporting. You will provide deep expertise and act as a thought partner to senior leaders around the firm on supplier ESG risk, compliance and reporting topics, trends, risks and opportunities. You will provide expert guidance to navigate and resolve highly complex and sensitive escalation issues involving ESG topics and suppliers. You will partner closely and effectively with leadership across functions, including Optimize, social responsibility, risk, compliance, legal and the ESG human rights working group to align on and execute supplier-related ESG and risk reporting (regulatory, voluntary and internal). You will lead ESG and risk related policy updates, training and reporting, including: (a) updating Optimize-owned policies annually to expand responsible buying at McKinsey; (b) collaborating with risk and compliance teams on firm reports to highlight supplier- and third party risk management-related ESG and risk topics; and (c) working with firm learning teams to create and implement training programs for Optimize and firm colleagues on ESG and other risk topics. You will collaborate with data analysts to provide data and drive insights for both day-to-day data support of the broader Supplier Risk & Social Responsibility team as well as data to support ESG and Risk reporting. You will lead an existing team of experts and expand a team over time to advance vision, strategy, goals and above responsibilities. Your qualifications and skills 10+ years relevant experience in sustainability, third-party risk management, ESG regulatory disclosure and reporting or related fields, or equivalent relevant consulting experience advising senior executives (e.g., CPOs) Demonstrated success as a senior people leader managing high performing and expert teams Demonstrated ability create and implement ESG supplier risk management strategies in a complex global organization Commanding knowledge of ESG and sustainability principles, frameworks and best practice - including current and emerging regulatory requirements (e.g., LkSG, CSRD) and global frameworks (e.g., UN Guiding Principles on Business and Human Rights, OECD Guidelines for Multinational Enterprises on Responsible Business Conduct, UNGC) and reporting initiatives (e.g., GRI, EFRAG) - and how they apply to supply chains, procurement and expectations within third party risk management functions Experience presenting at the C-Suite level, with demonstrated ability to interact with and influence leadership as a peer and operate as an integral member of a cross-functional team collaborating in a complex organization with various firm cells Experience operating within the EU regulatory environment and understanding of the EU governance processes preferred Ability to manage multiple perspectives while working towards a syndicated solution; comfort navigating ambiguous situations with thoughtfulness and pragmatism Ability to appropriately pivot between big-picture strategy and detail orientation as needed Excellent problem solving, communication, and project management skills Please review the additional requirements regarding essential job functions of McKinsey colleagues. Apply Now Apply Later FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law. Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role. For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range is $213,000 - $284,000 USD -to help you understand what you can expect. This reflects our best estimate of the lowest to highest [salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance. Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off. FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites. Job Skill Group - N/A Job Skill Code - DSPM - Director, Supplier Portfolio Management Function - Industry - Post to LinkedIn - Yes Posted to LinkedIn Date - Tue Nov 05 00:00:00 GMT 2024 LinkedIn Posting City - London LinkedIn Posting State/Province - LinkedIn Posting Country - United Kingdom LinkedIn Job Title - Director, Supplier Governance and Reporting, ESG & Risk LinkedIn Function - Supply Chain LinkedIn Industry - Management Consulting LinkedIn Seniority Level - Director