Head of Procurement and Sourcing

Mavericks Wanted 

When was the last time you achieved the impossible? If that thought feels overwhelming, you might want to pause here, but if it sparks excitement...read on 
  
In 2015, we pioneered a “moneyball for biotech” approach, pooling projects and promising early-stage research from academia together under one financial umbrella to reduce risk and unleash innovation. This model allows science and small teams of experts to lead the way. We build bridges to groundbreaking advancements in rare disease, and develop life-changing medicines for patients with unmet needs as fast as humanly possible.  
  
Together we define white space, push boundaries, and empower people to solve problems. If you're someone who defies convention, join us and work alongside some of the most respected minds in the industry. Together, we'll ask "why not?" and help reengineer the future of biopharma. At BridgeBio, we value curiosity and experimentation—including the ethical & thoughtful use of AI to improve clarity, speed, and quality of work. 

Position Summary

BridgeBio is building a dedicated Strategic Procurement function and we are looking for a Director to lead it. This is a build role: the Director will stand up the team, establish sourcing strategy and governance, and take ownership of procurement across BridgeBio's non-clinical spend categories — IT, Travel & Expense (T&E), Sales & Marketing (S&M), and G&A. The Director will own the full, end-to-end procurement lifecycle: defining category strategy; running competitive sourcing events (RFI/RFP/RFQ) and leading contract negotiations; implementing contract lifecycle management; and building a supplier performance management program with KPI tracking and business reviews. Reporting to the Executive Director, FP&A, the Director will be accountable for delivering measurable savings against an approximately $500M annual addressable spend base, and for building the team, processes, and infrastructure needed to sustain that performance over time.

Key Responsibilities

Organizational Build-Out & Team Leadership

• Stand up and lead the Strategic Procurement team, including direct management of a Sr. Manager, Strategic Sourcing and two Buyer (contractor) resources.
• Recruit, onboard, and develop procurement talent as the function scales; define roles, workflows, and performance expectations for the team.

Category Management (Non-Clinical Scope)

Own strategic sourcing and vendor management across four in-scope categories:

·         IT — software, hardware, SaaS, telecom, and vendor contracts

·         T&E — corporate travel, hotel and airline programs

·         S&M — agencies, events, market research, promotional spend

·         G&A — IT enterprise services, company-wide events, professional services, facilities, office and MRO supplies

Strategic Sourcing & Savings Delivery

• Develop and execute category sourcing strategies against ~$500M in addressable non-clinical spend.
• Deliver a savings target of 2–4% of addressable spend annually (approximately $5M–$10M), representing a 5x–10x return on the team's total cost.
• Build the pipeline, tracking, and reporting needed to validate savings and hold the function accountable to target.

Vendor & Contract Management

• Lead RFP processes, vendor negotiations, and contract structuring across in-scope categories.
• Establish ongoing vendor performance management and contract renewal governance.

Cross-Functional Partnership

• Partner closely with Finance, IT, Sales & Marketing, G&A, and Legal stakeholders to align sourcing strategy with business needs.
• Act as the primary point of contact for procurement matters with the Executive Director, FP&A and other senior stakeholders.

Process, Governance & Reporting

• Establish procurement policies, approval workflows, and procure-to-pay processes for a newly formed function.
• Build dashboards and reporting to track savings, spend under management, and team performance; present results to Finance leadership.

Qualifications

• Bachelor's degree required; MBA preferred.
• 10+ years of progressive experience in procurement or strategic sourcing, including experience leading a team; biotech, pharma, or life sciences industry experience strongly preferred.
• Demonstrated experience building or scaling a procurement function, ideally in a growth-stage or resource-conscious environment.
• Category expertise across some combination of IT, corporate travel, marketing/agency spend, and G&A services.
• Track record of delivering measurable, validated cost savings.
• Strong contract negotiation and vendor management skills.
• Excellent executive communication and stakeholder management skills, given regular visibility with senior Finance leadership.
• Analytical and comfortable operating with limited infrastructure in a fast-paced environment.

Success Metrics

• Procurement team built out and operating to plan.
• 2–4%+ annual savings delivered against addressable spend ($5M–$10M).
• 5x–10x return on total team investment.
• Sourcing governance, contract management, and reporting processes established across all four in-scope categories.

As a global company, our comprehensive benefits may vary based on location.  We have high expectations for our team members. We make sure those working hard for patients are rewarded and cared for in return.

For Full-Time U.S Based Roles:

Financial & Rewards  

• Market-leading compensation   

• 401(k) with employer match   

• Employee Stock Purchase Program (ESPP)  

• Pre-tax commuter benefits (transit and parking)  

• Referral bonus for hired candidates  

• Subsidized lunch and parking on in-office days  

Health & Well-Being  

• 100% employer-paid medical, dental, and vision premiums for you and your dependents  

• Health Savings Account (HSA) with annual employer contributions, plus Flexible Spending Accounts (FSA)  

• Fertility & family-forming benefits  

•  Expanded mental health support (therapy and coaching resources)  

• Hybrid work model with flexibility  

• Flexible, “take-what-you-need” paid time off and company-paid holidays  

• Comprehensive paid medical and parental leave to care for yourself and your family  

Skill Development & Career Paths: 

• People are part of our growth and success story - from discovery to active drug trials and FDA pipelines, there are endless opportunities for skill development and internal mobility 

• We provide career pathing through regular feedback, continuous education and professional development programs via LinkedIn Learning, LifeLabs, & BetterUp Coaching 

• We celebrate strong performance with financial rewards, peer-to-peer recognition, and growth opportunities