Sr Compliance Specialist

1 day ago

Mumbai, Maharashtra, India Medtronic Full time ₹ 12,00,000 - ₹ 36,00,000 per year

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the LifeA DAY IN LIFE:The primary role of the Deputy Manager-Compliance is to be the strategic business partner to guide business team(s) in framing compliant solutions in an individual contributor role. This role will provide advice and counsel on matters of compliance and ethical business practices to a business segment at Medtronic. The person will actively contribute to continued enhancement of the Compliance Program by executing and driving compliance strategy through collaborative interactions. This position will be in Mumbai, India and has responsibility mainly for India (subject to changes). The position will report directly to the India Compliance Officer.Key responsibilities include the following and other duties may be assigned.
  • Sound understanding of the healthcare industry, applicable laws, codes and regulations and business practices
  • Work in close collaboration with functional team and commercial teams to drive adherence to compliance policies and procedures and provide appropriate documentation and strategic advice
  • Perform analytics and conduct risk-based discussions with business through key compliance metrics.
  • Review and pre-approve business interactions with HCPs/HCOs
  • Maintain oversight of the third-party compliance risks through implementation of adequate screening procedures, on-site assessments, enhanced training and awareness and prompt remediation of compliance gaps.
  • Develops, implements and delivers training of compliance policies and procedures including follow-through on training records and communications with employees and channel partners on training requirements
  • Works closely with regional and global program teams to drive corporate compliance program.
  • Support India Compliance Officer on managing the compliance program and driving the ethical culture across the organization in India (subject to changes)
  • Supports Compliance relevant knowledge transfer across countries in the organization
SPECIALIST CAREER STREAM: Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor to colleagues or may direct the work of other lower level professionals. The majority of time is spent delivering and overseeing the projects – from design to implementation - while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education.DIFFERENTIATING FACTORSAutonomy: Seasoned individual contributor.
Works independently under limited supervision to determine and develop approach to solutions.
Coaches and reviews the work of lower level specialists; may manage projects / processes.Organizational Impact: May be responsible for entire projects or processes within job area.
Contributes to the completion of work group objectives, through building relationships and consensus to reach agreements on assignments.Innovation and Complexity: Problems and issues faced are difficult, and may require understanding of multiple issues, job areas or specialties .
Makes improvements of processes, systems or products to enhance performance of the job area.
Analysis provided is in-depth in nature and often provides recommendations on process improvements.Communication and Influence: Communicates with senior internal and external customers and vendors.
Exchange information of facts, statuses, ideas and issues to achieve objective, and influence decision-making.Leadership and Talent Management: May provide guidance, coaching and training to other employees within job area.
May manage projects, requiring delegation of work and review of others' work product .Required Knowledge and Experience: Requires advanced knowledge of job area combining breadth and depth, typically obtained through advanced education combined with experience.
May have practical knowledge of project management.
Required a Bachelor degree of B.com/LLB/LLB/CA with relevant experience in Compliance

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people. 
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here  
 

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