Senior Compliance Specialist

At Medtronic, we push the limits of what technology, therapies, and services can do to help alleviate pain, restore health, and extend life. As a Senior Compliance Specialist, you will serve as a strategic compliance business partner responsible for supporting the development, implementation, and oversight of an effective compliance program that promotes ethical business conduct and mitigates compliance risks across commercial operations.

You will provide expert compliance guidance to business leaders and employees, support risk assessments and monitoring activities, oversee channel partner compliance programs, and help ensure adherence to company policies, industry codes, and applicable laws and regulations. The role requires the ability to influence stakeholders, balance business objectives with compliance requirements, and drive a strong culture of integrity throughout the organization.  

This is an individual-contributor role and the position will be in Mumbai in India and has responsibility mainly for India Subcontinent (subject to changes). The position will report directly to the India Subcontinent Compliance Officer.

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

Strategic Business Partnership

• Serve as a trusted advisor to commercial and functional stakeholders on compliance and data privacy matters. Understand business strategies, operating models, commercial priorities, and emerging initiatives to provide timely and practical compliance guidance.
• Advise on Global Business Conduct Standards/Compliance Policy such as HCP/HCO interactions, sponsorships, educational grants, consulting arrangements, and promotional activities, in adherence with applicable laws, codes, regulations, and company policies.
• Clearly document compliance advice, risk assessments, approvals, exceptions, and agreed mitigation actions.
• Monitor regulatory and industry developments and support the implementation of relevant changes in policies, processes, systems, training, and business practices.
• Support the integration of privacy principles into business processes, digital initiatives, customer programs, vendor arrangements, and projects involving personal or sensitive data.
• Promote privacy-by-design principles by encouraging teams to consider data minimization, purpose limitation, appropriate access, retention, security, transparency, consent, and individual rights at the beginning of an initiative.

Data Analytics and Risk Insights

• Develop dashboards, metrics, and reports for management and compliance leadership to analyse trends.
• Translate analytical findings into clear risk insights, recommendations, and action plans for business and compliance stakeholders, for continuous improvement of the compliance program.
• Utilize data analytics to identify opportunities for process and control enhancements.
• Establish and monitor key performance indicators supporting continuous improvement.
• Track remediation activities and evaluate whether implemented actions have appropriately addressed identified risks.

Compliance Monitoring and Process Reviews

• Support in developing and executing risk-based compliance monitoring plans aligned with country, business, and program priorities.
• Conduct risk-based compliance reviews and assessments, analyse findings, root causes and risk trends.
• Collaborate with internal stakeholders to resolve compliance concerns and track timely closure.
• Identify opportunities to simplify processes, strengthen controls, improve documentation, and enhance the effectiveness of the Compliance Program.

Third-Party Compliance

• Support the third party compliance program for India SubCon such as due diligence, training, monitoring, remediations and lifecycle-management processes.
• Review third-party due-diligence / screening results, red flags, design appropriate remediations and supporting documentation.
• Conduct or support audits/monitoring, remediations, process assessments, and other risk-based oversight activities.

Training

• Support in design, develop, and deliver engaging compliance training for employees, managers, Business Units, functional teams, distributors, dealers, and other third parties.
• Tailor training and communication to the specific risks and promote awareness of compliance requirements, culture of integrity and ethical decision-making.

Required Qualifications:

• 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.
• Requires a Baccalaureate degree with minimum of 4 years of relevant experience, or advanced degree with a minimum of 2 years relevant experience.
  
  

Preferred:

• Experience in the healthcare, medical-device, pharmaceutical, life-sciences, or another highly regulated industry.
• Knowledge of Indian healthcare compliance requirements, UCMPMD, data-protection requirements, and applicable anti-bribery and anti-corruption laws.
• Experience managing distributor, dealer, channel-partner, consultant, vendor, or other third-party compliance risks.
• Experience conducting investigations, monitoring activities, and compliance risk assessments.
• Proficiency in Excel and experience with Power BI, data visualization, dashboards, or other analytical tools.
• Relevant professional qualification or certification in compliance such as CCEP, law, audit, privacy such as CIPM, fraud examination, risk management, accounting, or data analytics.