Head of Procurement and Sourcing

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.

• 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.

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

• 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.

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

• 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.

• 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.

• 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.

• 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.