Compliance Specialist

2 weeks ago


Mumbai, Maharashtra, India Smith & Nephew Full time

Role Compliance SpecialistLocation MumbaiLife Unlimited At Smith Nephew we design and manufacture technology that takes the limits off living Are you interested in Compliance portfolio Then this is the role you should apply We are seeking for a compliance Specialist as the role supports implementation of global policies and other procedures across the Smith Nephew businesses in India and Export Markets The role will focus on supporting the effective functioning of compliance controls relating to third parties and will conduct training and monitoring of third parties to ensure compliance with Smith Nephew standards and to detect potential risks The role will additionally support the effective functioning of key compliance controls relating to interactions with Healthcare Professionals including reviewing proposals for HCP consulting education and training All assessments to be conducted in accordance with local laws codes and Company policies The role will be in Mumbai Pune and will require extensive travel to Company offices and field visits The role reports into the Senior Compliance Director Emerging Markets What you will be doing Supports the Sr Compliance Director in ensuring the effective functioning of the Global Compliance Program Risk Assessment Conduct risk assessments for the direct markets distributors and the vendors Develop risk mitigation plan and ensure effective implementation of the mitigation plan Partners with business team to understand third party strategy and ensures compliance risks are considered and mitigated Takes the lead for third party related compliance activities in market including assessing due diligence reports identifying and addressing red flags making recommendation on the use of third parties and ensuring that third parties are processed in line with company policy prior to engagement by the business Supports the preparation of local procedures based on global policies and in ensuring that all procedures are communicated regularly to applicable employees Works closely with global Third-Party Compliance team to ensure local practices relating to Third Parties align with global standard process Training Education and Communication employees Conducts compliance trainings for employees including new hire on-boarding role specific training refresher and issue-based training Track and record delivery of training and communications Training Education and Communication third parties Partners with the Sr Director to develop and implements annual training education and communication plans for third parties which take into account unique factors relating to groups of third parties Track and record delivery of training and communications Conducts site visits and assessments of third parties in accordance with an annual plan and on an ad hoc basis as required Develops appropriate and consistent corrective actions and ensures closure of the action plan in a timely manner Investigations Assists in investigations to the extent requested Ensures investigative processes are followed Monitoring Completes local monitoring programs where required designed to test the efficiency and implementation of compliance controls in market Corrective Preventive Action Drives timely completion of corrective and preventive actions for Smith Nephew and third-party businesses in the region Supports the effective functioning of key compliance controls relating to interactions with Healthcare Professionals including reviewing and providing mentorship on proposals for HCP consulting education and training All assessments to be conducted in accordance with local laws codes and Company policies Supports the Sr Compliance Director in conducting quarterly Compliance Committee meetings What you need to be successful Bachelor s degree or equivalent experience required Professional degree or Legal degree is helpful Preferably Chartered Accountant or MBA - Finance Should have a proven 3-4 years of demonstrated experience working in compliance programme within a business This experience should preferably include dynamic responsibility Exposure in field of Compliance in Healthcare industry preferably Medical Devices The individual will involve extensive travel within the market Project management skills Ability to follow through and complete tasks on time Excellent communication and interpersonal skills Strong ability to communicate sophisticated topics in concise terms Ability to communicate concisely and persuasively in writing as well as the ability to draft clear and effective reports policies etc Ability to manage conflicting priorities and deliver on time Self- motivated and result- driven Strong analytical skills Ability to persuade through positive communication Ability to detect risk areas and red flags Solution-minded desire to tackle problems Effective collaborator engagement management and business partnering Ability to provide clear pertinent and timely advice to business You Unlimited We believe in crafting the greatest good for society Our strongest investments are in our people and the patients we serve Inclusion Diversity and Equity- Committed to Welcoming Celebrating and Thriving on Diversity Learn more about on our website Other reasons why you will love it here Your Future Major Medical coverage Policy exclusions and insurance non-medical limit Educational Assistance Work Life Balance Flexible Personal Vacation Time Off Privilege Leave Floater Leave Your Wellbeing Parents Parents in Laws Insurance Employer Contribution of 7 000 - annually Employee Assistance Program Parental Leave Flexibility Hybrid Work Model For most professional roles Training Hands-On Team-Customized Mentorship Extra Perks Free Cab Transport facility for all employees One Time Meal provided to all employees as per shift Night Shift Allowances LI-DP1Stay connected and receive alerts for jobs like this by joining our We re more than just a company - we re a community Follow us on to see how we support and empower our employees and patients every day Check our for a glimpse behind the scenes and a sneak peek into You Unlimited life culture and benefits at S N Explore our and learn more about our mission our team and the opportunities we offer Smith Nephew



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