Associate Director, Strategic Procurement

Department: 106600 Clinical Operations Location: San Diego, USA- Remote Be a part of a global team that is inspired to make a difference in the lives of people living with rare disease. At Travere Therapeutics, we recognize that our exceptional employees are vital to our success. We are a dedicated team focused on meeting the unique needs of rare patients.Our work is rewarding - both professionally and personally - because we are making a difference. We are passionate about what we do. We are seeking talented individuals who will thrive in our collaborative, diverse, fast-paced environment and share in our mission - to identify, develop and deliver life-changing therapies to people living with rare disease. We stick by our values centered on patients, courage, community, and collaboration to pursue our vision of becoming a leading biopharmaceutical company dedicated to the delivery of innovation and hope to patients in the global rare disease community. At Travere Therapeutics, we are in rare for life. We continue to courageously forge new paths as we move toward a common goal of elevating science and service for rare patients*.* Position Summary: The Associate Director, Strategic Procurement is responsible for strategic sourcing, outsourcing, procurement, and financial oversight of clinical studies and other Research & Development (R&D) activities. This role serves as a key business partner to Clinical Operations, Development, Regulatory, Medical Affairs, Finance, and other R&D functions, ensuring effective management of external spending, optimization of vendor relationships, and financial stewardship of R&D investments. The position combines deep expertise in strategic procurement and outsourcing with strong financial acumen to support budgeting, forecasting, accrual management, scenario planning, and cost optimization across the R&D portfolio. The Associate Director will leverage cross-functional knowledge and strong internal and external partnerships to drive informed decision-making, maximize value from vendor engagements, mitigate financial and operational risks, and ensure efficient allocation of resources in support of Travere's development programs. This position is expected to implement creative solutions to ensure business continuity. Responsibilities: Develops outsourcing strategies and plans for R&D departments, with focus on Clinical Studies, in alignment with Strategic Procurement policies, corporate objectives, industry best practices and input from internal SMES. Acts as the lead point of contact for R&D financial needs including procurement. Lead competitive sourcing initiatives, RFP development and bid analysis. Evaluate outsourcing models and provide recommendations that balance quality, timelines, operational feasibility, and financial impact. Provides input into the negotiation of financial business terms and conditions, and management of all R&Ds contracts in close cooperation with the other departments. Supports and coordinates discount programs with key vendors. Assists in negotiating vendor business terms in contracts such as scope, price, payment terms, and service level agreements. Develop and maintain forecasts for clinical programs and other R&D activities, providing visibility into projected spending, risks, and opportunities. Monitor actual spending against budget and forecast, identify variances, and provide actionable recommendations to stakeholders. Support monthly and quarterly financial close activities, including accrual calculations, invoice forecasting, and budget reconciliation. Analyze resource utilization, vendor spend trends, and portfolio investment requirements to support strategic decision-making. Collabora