Director, Supplier Governance and Reporting, ESG & Risk

McKinsey - Denver, CO

Full-time - Senior

Denver, CO

Professional, Scientific, and Technical Services

About the position

Optimize is the global procurement 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 Governance & 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 procurement 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 procurement strategies and principles. 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 procurement 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 procurement-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.

Responsibilities

• Lead the Supplier Governance & Reporting pillar within Optimize's Supplier Risk & Social Responsibility team.
• Work with senior leaders on risk, compliance, legal, and global social responsibility teams.
• Own strategy and implementation related to supplier risk governance, ESG & Risk reporting, policies, and compliance.
• Ensure ESG & risk governance principles are embedded into procurement strategies.
• Shape and execute McKinsey's vision and strategy for ESG & Risk reporting.
• Ensure the firm's ESG-diligence process aligns with global frameworks and regulations.
• Develop strategies for compliance with ESG & risk reporting.
• Lead the development and implementation of policies to mitigate supplier chain risk.
• Stay updated on trends in ESG supplier risk and compliance.
• Provide expertise and guidance on supplier ESG risk and compliance topics.
• Partner with leadership across functions to align on ESG and risk reporting.
• Lead ESG and risk policy updates, training, and reporting.
• Collaborate with data analysts for insights and support of ESG and Risk reporting.
• Lead and expand a team of experts.

Requirements

• 10+ years relevant experience in sustainability, third-party risk management, ESG regulatory disclosure and reporting or related fields with focus on procurement or supply chain, 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 to create and implement ESG supplier risk management strategies in a complex global organization.
• Commanding knowledge of ESG and sustainability principles, frameworks and best practices, including current and emerging regulatory requirements and global frameworks.
• Experience presenting at the C-Suite level and influencing leadership as a peer.
• Experience operating within the EU regulatory environment and understanding of EU governance processes preferred.
• Ability to manage multiple perspectives while working towards a syndicated solution.
• Ability to pivot between big-picture strategy and detail orientation as needed.
• Excellent problem solving, communication, and project management skills.

Nice-to-haves

• Experience with UN Guiding Principles on Business and Human Rights.
• Familiarity with The German Supply Chain Due Diligence Act (LkSG).
• Knowledge of OECD Guidelines for Multinational Enterprises on Responsible Business Conduct.
• Experience with GRI and EFRAG reporting initiatives.