Senior Compliance Specialist

This is a fully remote position, open to applicants in India.

📋 Description

• Act as a strategic compliance business partner in the development, execution, and supervision of a robust compliance program.

• Offer expert compliance advice to business leaders and team members.

• Assist in conducting risk assessments and monitoring initiatives.

• Manage compliance programs for channel partners.

• Ensure compliance with company policies, industry standards, and relevant laws and regulations.

• Counsel stakeholders on Global Business Conduct Standards and compliance policies, encompassing HCP/HCO interactions, sponsorships, educational grants, consulting arrangements, and promotional activities.

• Record compliance advice, risk assessments, approvals, exceptions, and mitigation measures.

• Keep abreast of regulatory and industry changes, aiding in the implementation of necessary adjustments in policies, processes, systems, training, and business practices.

• Facilitate the integration of privacy principles into business operations, digital projects, customer programs, vendor agreements, and initiatives involving personal or sensitive data.

• Create dashboards, metrics, and reports to analyze trends and deliver risk insights, recommendations, and action plans.

• Establish and monitor key performance indicators while tracking remediation efforts.

• Develop and implement risk-based compliance monitoring strategies.

• Conduct compliance reviews and assessments, examining findings, root causes, and risk patterns.

• Work collaboratively with internal stakeholders to address compliance issues and ensure timely resolution.

• Support third-party compliance activities, including due diligence, training, monitoring, remediation, lifecycle management, screening, and risk-based oversight.

• Design, develop, and present compliance training for employees, managers, business units, functional teams, distributors, dealers, and other external parties.

• Report directly to the India Subcontinent Compliance Officer.

⛳️ Requirements

• Bachelor’s degree with a minimum of 4 years of relevant experience, or an advanced degree with at least 2 years of relevant experience.

• In-depth knowledge of the job area, demonstrating both breadth and depth.

• Practical experience in project management may be necessary.

• Preferred experience in healthcare, medical devices, pharmaceuticals, life sciences, or another highly regulated sector.

• Familiarity with Indian healthcare compliance requirements, UCMPMD, data protection laws, and relevant anti-bribery and anti-corruption legislation is preferred.

• Experience managing compliance risks related to distributors, dealers, channel partners, consultants, vendors, or other third parties is preferred.

• Background in conducting investigations, monitoring activities, and compliance risk assessments is preferred.

• Proficiency in Excel and experience with Power BI, data visualization, dashboards, or other analytical tools is preferred.

• Relevant professional qualification or certification in compliance, such as CCEP, law, audit, privacy (e.g., CIPM), fraud examination, risk management, accounting, or data analytics is preferred.

🏝️ Benefits

• Flexible Work Arrangement.

• Competitive Salary and flexible Benefits Package.

• Comprehensive range of benefits, resources, and competitive compensation plans tailored to support employees at every stage of their career and life.

• Eligibility for a short-term incentive known as the Medtronic Incentive Plan (MIP).