Asset Manager

**Job Title**:
**Asset Manager - Bio‑Pharmaceutical / Process Industry (Plant & Lab Equipment)**

The pharmaceutical industry involves intricate manufacturing processes that are highly complex, requiring a variety of assets. Hence, there lies a greater responsibility for the organization to properly maintain and manage its assets. Some of the core assets include heavy machinery (required for drug production), testing equipment, storage units, and distribution vehicles. Asset Manager is critical to ensure seamless operations and regulatory compliance in bio-pharma process lifecycle, at our R&D facility headquartered in Singapore.

**Job Scope**:
**1.**Strategic Asset Lifecycle Management - Acquisition to decommissioning**
- Serve as the designated **asset owner**for process and laboratory equipment—from acquisition and commissioning through calibration, performance optimization, upgrades, and eventual decommissioning.
- Develop and maintain an integrated **asset lifecycle strategy**, aligned with facility needs and risk-based priorities.

**2.**Reliability Engineering & Performance Optimization - PdM/PPM, RCA, performance analytics**
- Implement structured **Preventive, Predictive, and Prescriptive Maintenance (PPM / PdM / RCM)**programs, leveraging condition monitoring, CMMS, and analytics tools to minimize unplanned downtime.
- Lead root-cause analyses following failures and oversee corrective actions to enhance long-term reliability.

**3.**Asset Integrity & Inspection Oversight - AIMS, RBI, calibration oversight**
- Design and enforce an **Asset Integrity Management System (AIMS),**covering static equipment, rotating machinery, electrical systems, instrumentation, and structural components.
- Coordinate **risk-based inspection planning (RBI),**calibration schedules, testing and inspection to sustain validated status.

**4.**Compliance & Validation Governance - GMP validation, audit-ready documentation**
- Ensureall regulated assets remain in **GMP‑validated status**, with complete calibration history, IQ/OQ/PQ documentation, and ALCOA compliance for audit readiness.
- Oversee Management of Change (MOC) and maintain historic records via Plant Information Management (PIM) systems for traceability and compliance (e.g., FDA 21 CFR Part 11).

**5.**CMMS Management & Vendor Coordination - Asset tracking, SLA/vendor management**
- Maintain and optimize the **Computerized Maintenance Management System (CMMS / EAM)**to manage asset data, work orders, maintenance schedules, and lifecycle tracking.
- Engage service vendors and contractors—manage vendor SLAs, spare parts inventory, calibration vendors, ensuring cost-effective and timely support.

**6.**KPIs, Analytics & Continuous Improvement - KPIs, reliability programs, digital tools**
- Define and monitor asset performance indicators—uptime, OEE, MTBF/MTTR, maintenance cost, compliance status; analyse trends and drive reliability improvement initiatives.
- Champion continuous improvement, digital transformation (e.g. APM tools), and predictive maintenance enhancements for asset lifecycle optimization.

**7.**Budgeting & Capital Planning - Maintenance budgeting, CAPEX planning**
- Lead preparation of **maintenance budgets and CAPEX forecasts**, aligning investment decisions with asset criticality, ROI, and lifecycle projections.
- Support financial analysis and business case development for new equipment procurement or replacement of legacy assets.

**8.**Cross-Functional Coordination - Cross-functional coordination, escalations**
- Act as the primary liaison between **Operations, Quality Assurance, Engineering, Procurement, R&D, and Finance,**ensuring alignment on asset planning and compliance requirements.
- Drive escalation and decision-making on critical asset issues, ensuring organizational clarity and accountability.

**9.**Reporting & Leadership Responsibilities - Dashboards, team leadership**
- Produce dashboards and management reports to summarize asset health, maintenance effectiveness, compliance, audit readiness, and risk exposure.
- Mentor or lead a small team of reliability engineers, maintenance planning staff, and equipment custodians to foster a proactive asset management culture.

**Key Tasks**:

- Integrate **ISO 55001/55002-based asset management system principles**to structure equipment lifecycle planning in line with international standards.
- Lead **total cost of ownership (TCO)**and **ROI modelling**for high-value analytical instruments—evaluating depreciation, maintenance, calibration, and disposal costs to inform CAPEX planning.
- Translate technical asset performance (e.g. uptime, utilization, MTBF) into financial metrics (cost-per-use, payback period, IRR) for investment justification.
- Structure CAPEX proposals and business cases based on **quantitative NPV/IRR analysis**, supporting lab budgeting cycles and fiscal governance.
- Conduct financial risk assessments for asset failure scenarios—estimating compliance exposure costs, testin