Job Description – Director, Global Sourcing and Procurement (GSP), Third-Party Risk Management
Job Summary
PFI Innovation Centre India is an exciting new innovation center. We're building a future that helps people live better lives longer— and we're looking for bold thinkers and team players to help us do it.
Here, you'll tackle complex challenges, collaborate with brilliant minds across the globe, and grow your career while helping millions achieve financial security.
a Purpose Driven Company – 150 Years
While the PFI brand is new to India, you'll be a part of the Prudential Financial, Inc. family. Founded in 1875 in Newark, New Jersey, we serve 50 million customers across more than 50 countries. With $1.334 trillion in assets, we're a global leader in institutional asset management. The 2nd largest life insurer in the US and the 9th largest institutional global asset manager.
At PFI Innovation Centre India, you'll find a high-performance culture that's flexible, collaborative and grounded in respect. We engage with candor, take calibrated risks, and hold ourselves accountable — always focused on delivering for our customers. It's the standard we choose every day as we grow, perform, and win as one team.
We offer valuable leadership, mentoring and learning opportunities, paired with the flexibility and support to help you thrive.
Whether you're just starting out or ready to take your next step, we'll help you grow with purpose and do the best work of your career.
The Director, GSP, Third-Party Risk Management will lead the development, governance, monitoring, and enterprise-level reporting of all Global Sourcing & Procurement (GSP) policies, standards, and standard operating procedures (SOPs) across the company. This role will serve as the central authority for ensuring that GSP policy expectations are clearly defined, consistently executed, and measured across all regions and business groups.
The Director will supervise a small but expanding team responsible for documentation, monitoring, testing, and analytics. The Director will also translate operational monitoring and analytics into actionable insights for senior leadership and serve as the escalation path into enterprise risk committees regarding policy compliance, exceptions, and emerging risk themes.
This role is critical to the company's global operating model and the maturity of its governance posture for sourcing, onboarding, assessing, contracting, managing, and terminating vendor relationships.
Key Responsibilities
- Establish, maintain, and evolve GSP policies, standards, and SOPs for global alignment and adherence.
- Oversee the policy lifecycle including drafting, socialization, updates, and version control.
- Serve as the escalation path for interpretation and issue resolution related to GSP policies.
- Design and oversee monitoring and compliance assurance frameworks across business units.
- Review analytics and insights to identify risks, gaps, and improvements.
- Deliver high-quality executive reporting on policy compliance and emerging risks.
- Represent GSP in enterprise risk forums and committees.
- Lead a team (initially two direct reports) focused on documentation, monitoring, testing, and analytics.
- Partner globally to ensure consistency across the U.S., Asia, EMEA, and Latin America.
Qualifications
- Bachelor's degree required; advanced degrees / certifications preferred.
- 10+ years in Procurement, Global Sourcing, or Third-Party Risk Management within a large enterprise.
- Deep understanding of the end-to-end vendor lifecycle.
- Experience governing policies and controls at scale in regulated industries.
- Strong analytical mindset with proven ability to interpret complex data.
- Demonstrated experience building and managing teams.
- Exceptional written and verbal communication skills with advanced PowerPoint capabilities.
- Ability to influence in matrixed global environments.
- Fluent in AI-enabled environments, using approved tools responsibly to improve throughput, accuracy, and insight while adhering to the company's risk and governance standards. At a minimum, all GSP employees should be able to leverage AI tools to draft, extract, validate, and optimize content that is applicable to their respective function and utilize AI tools to consistently create new content, innovation, and idea generation.
Skills And Competencies
- Drive strategic thinking and execution
- Exhibit influence and executive presence
- Lead and develop talent effectively
- Maintain strong risk and control orientation
- Deliver operational excellence
- Build collaborative partnerships across functions