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Senior Compliance Specialist

Senior Compliance Specialist

ConfidentialHyderabad / Secunderabad, Telangana, India
4 days ago
Job description

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 Life

The Senior Compliance Specialist plays a critical role within the Office of Integrity, Privacy & Compliance (OPIC) as a member of the Global Channel Compliance team. The primary role of the Senior Compliance Specialist is to support the team's strategy to identify and mitigate channel partner risk and drive process efficiencies within the Global Channel Compliance organization. Also in this role, the Senior Compliance Specialist will use industry-best methods to develop solutions to advance channel partner compliance due diligence, monitoring, training, communication and awareness strategies.

The candidate will report to the Director, Global Channel Compliance and partner closely with her team to bring the team's strategy to life. The candidate will partner with a broad set of stakeholders across the Global Integrity, Privacy & Compliance matrix, as well as with subject matter experts, Regional Compliance and Channel Management teams, to identify and understand channel partner risk, and to provide actionable insights in support of the department's goals and objectives. The candidate must maintain a comprehensive understanding of ethical principles, how those principles align with the Medtronic Mission, and be an ambassador for always doing the right thing.

This position may be in any low-cost country in the APAC region with remote work possibilities depending upon the Hybrid Work Model. The role requires you to occasionally be available during U.S. Central time zone working hours.

Responsibilities may include the following and other duties may be assigned.

  • Support the development and implementation of compliance policies and programs in order to accomplish Medtronic's channel compliance objectives.
  • Consult with leaders, stakeholders, Integrity, Privacy & Compliance colleagues to recommend solutions for channel partner interactions based on specific needs and desired outcomes.
  • Understand the current channel partner due diligence, monitoring, training and communication environment and tools and identify gaps or areas of improvement.
  • Maintain updated knowledge of rules, regulations and standards in the field of anti-corruption, compliance, audit and related matters of interest to the department.
  • Support the creation and development of targeted training content to enhance the Global Channel Compliance strategic plan for channel partner training on related policies and procedures for compliance programs and key risk areas.
  • Build strong relationship with internal customers, such as Compliance Officers and program owners, Legal program owners, subject matter experts, Distributor Relationship Owners (DROs), training vendors and other stakeholders.
  • Develop in-depth understanding of the company's third-party management system and the global online training platform for development and launch of channel partner training programs.
  • Represent the department in a professional, efficient and effective manner in all communication and interactions.
  • Act as a positive and professional resource for teammates and business partners.
  • Model a culture of ethics and integrity.
  • Travel : Less than 25 percent.
  • Other duties as assigned.

Required Knowledge and Experience :

  • Minimum of 5 years of relevant experience, or advanced degree with a minimum of 3 years relevant experience (Legal, Compliance, Audit, etc.)
  • Ability to speak and write fluently in English.
  • Excellent written and oral communication skills.
  • Experience with Microsoft Office Applications (Outlook, Word, Excel, PowerPoint, OneNote).
  • Excellent organizational skills required with ability to prioritize
  • Knowledgeable in auditing principles and practices.
  • Ability to communicate with a variety of people at differing levels effectively.
  • Experience with Power BI considered an advanced, optional skill.
  • Experience working in a risk or compliance-related function or department.
  • Strong project management skills.
  • Ability to handle difficult situations independently with poise and professionalism.
  • High level of energy and willingness to work independently in a 'fast-paced' environment.
  • 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

    Skills Required

    Microsoft Office Applications, Power Bi, Audit, Project Management, Legal Compliance

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    Compliance Specialist • Hyderabad / Secunderabad, Telangana, India

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