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 Principal Compliance Specialist is to support management in the risk mitigation planning, providing an independent validation of the activities performed and having an oversight on all the Compliance processes and controls impacting the region. This will be accomplished through the development, implementation and execution of an effective and robust compliance program. The job requires frequent interaction with senior executives of the region. This position will be in Gurgaon or Mumbai in India and has responsibility mainly for India (subject to changes). The position will report directly to the India Compliance Officer.Responsibilities may include the following and other duties may be assigned.
- Develops, implements, administers and certifies compliance policies, procedures, and practices
- Ensures alignments with ethics and compliance standards of the organization
- Provides high quality compliance consultations and services on the company’s compliance obligations and risks
- Support with audits, reviews or investigations while necessary
- Reviews submissions of business interactions with HCPs/HCOs and sales/marking activities, conducts prior approvals and daily consultation to support OUs business operation
- Mitigate channel partners compliance risks through the 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
- Provides compliance related updates, presentations, analyzes metrics and/or reports relevant to Compliance work and sets KPIs for improvement in responsible markets
- Liaising with local industry association related to company on compliance and Code of Practice relevant issues
- Works closely with regional and global program teams to ensure that best practice in compliance which is consistent with international requirements are identified and implemented
- Provide assistance to and being engaged in the regional Ethics & Compliance projects and/or global projects
- Supports India Compliance Officer on managing the compliance program on the ground and responsibility over 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: Recognized expert, managing large projects or processes .
Exercises considerable latitude in determining deliverables of assignments, with limited oversight from manager .
Coaches, reviews and delegates work to lower level specialists.
Organizational Impact: Contributes to defining the direction for new products, processes, standards, or operational plans based on business strategy with a significant impact on work group results .
May manage large projects or processes that span outside of immediate job area.
Innovation and Complexity: Problems and issues faced are difficult, moderately complex and undefined, and require detailed information gathering, analysis and investigation .
Develops solutions to moderately complex problems, and/or makes moderate to significant improvements of processes, systems or products independently to enhance performance of job area.
Implements solutions to problems.
Communication and Influence: Represents organization as a primary contact for specific projects and initiatives; communicates with internal and external customers and vendors at various levels .
May negotiate with others to reach understanding or agreement, and influence decision-making.
Leadership and Talent Management: Typically provides guidance, coaching and training to other employees within job area.
Typically manages major / moderately complex projects, involving delegation of work and review of work products, at times acting as a team leader.
Must Have:Good experience of Minimum 5 years in Indian Compliance activities.Required Post Graduate/PGDM/CA/LLBMedical Devices/Pharma industry experience is required.
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 & CompensationMedtronic 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 MedtronicWe 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 90,000+ 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
