Manager, Enterprise Procurement Risk Management

Be an essential element to a brighter future.

We work together to transform essential resources into critical ingredients for mobility, energy, connectivity and health. Join our values-led organization committed to building a more resilient world with people and planet in mind. Our core values are the foundation that make us successful for ourselves, our customers and the planet.

Job Description

Manager, Enterprise Procurement Risk Management

Department: Global Procurement

Reports To: Director, Global Logistics Procurement and Enterprise Procurement Risk Management

• Support the design and rollout of the Procurement Risk Management Framework, including policies, standards, and procedures aligned with corporate risk and compliance expectations.
• Maintain the enterprise supplier risk register and ensure timely updates of risk scoring, mitigation plans, and escalation status.
• Partner with Category Managers and Sourcing Leads to perform supplier risk segmentation and due diligence across financial, operational, ESG, and cyber risk dimensions.
• Lead supplier risk assessments during onboarding, renewal, or critical sourcing events.
• Support quarterly risk reviews and facilitate reporting to the Procurement Leadership Team and Enterprise Risk Council.

• Develop and manage dashboards to track supplier financial health, performance trends, and early warning indicators using data from internal systems (SAP S/4HANA, Power BI) and external platforms.
• Consolidate risk intelligence and communicate insights to key stakeholders to inform sourcing decisions.
• Quantify risk exposure and mitigation ROI for inclusion in procurement scorecards and executive dashboards.

• Ensure PRM policies and workflows are embedded in supplier onboarding, sourcing, and contract management systems.
• Partner with Legal to validate supplier contracts include appropriate risk mitigation clauses (e.g., force majeure, business continuity, ESG, and data privacy).
• Support audits and compliance reviews to confirm alignment with corporate risk standards and external regulations (e.g., UFLPA, EU Due Diligence, REACH).
• Work with IT and Digital Procurement teams to enhance automation and visibility in third-party risk tracking.

• Act as a subject matter expert and advisor to regional procurement and category teams on supplier risk management practices.
• Collaborate with Enterprise Risk, Internal Audit, and ESG teams to align PRM processes with overall corporate risk management.
• Support training and capability-building initiatives to elevate risk awareness and operational discipline across the Procurement organization.

This job profile is intended to describe the general nature of the work performed by employees in this job. It is not an exhaustive list of all responsibilities.

ADDITIONAL, SKILLS, AND CAPABILITIES

• Deep expertise in procurement and third-party risk management frameworks (ISO 31000, COSO, etc.)
• Familiarity with risk intelligence platforms (e.g., Resilinc, Everstream, RapidRatings, Dun & Bradstreet, EcoVadis)
• Strong command of risk-related contract clauses and legal frameworks
• Deep understanding of procurement processes, risk controls, and supplier lifecycle management.
• Strong analytical, problem-solving, and risk assessment capabilities.
• Excellent communication skills with the ability to convey risk insights to executive and non-technical audiences.
• Highly collaborative, with the ability to work cross-functionally and influence without authority.
• Demonstrated ability to manage multiple priorities and drive execution in a global, matrixed environment.
• Fluent in English; Spanish or other language proficiency a strong advantage

Education: Bachelor's degree in Supply Chain, Engineering, Business, or related field; MBA or equivalent master's degree strongly preferred.

Experience:

• 7+ years of progressive experience in procurement, risk management, compliance, or supply chain functions, ideally within a multinational or regulated industry (chemical, manufacturing, or energy sector preferred).
• Experience implementing or operating within procurement risk frameworks (ISO 31000, COSO).
• Familiarity with risk intelligence tools (Resilinc, Everstream, RapidRatings, D&B, EcoVadis) and ERP systems (SAP S/4HANA).
• Strong analytical skills with proficiency in data visualization tools (Power BI or equivalent).
• Demonstrated experience in supplier due diligence, third-party risk assessments, or business continuity planning. #LI-JH3

Benefits of Joining Albemarle

• Competitive compensation

• Comprehensive benefits package

• A diverse array of resources to support you professionally and personally.

We are partners to one another in pioneering new ways to be better for ourselves, our teams, and our communities. When you join Albemarle, you become our most essential element and you can anticipate competitive compensation, a comprehensive benefits package, and resources that foster your well-being and fuel your personal growth. Help us shape the future, build with purpose and grow together.