Global Payroll Compliance Manager
Muck RackSalary not specified
Full Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Medical Devices, DiabetesIndustries
Requirements
- Bachelor's degree and 10+ years of relevant experience with 7+ years of managerial experience, OR advanced degree and 8+ years of relevant experience with 7+ years of managerial experience
- Ability to work on-site at least 3 days per week at one of the following locations: Northridge, CA; Minneapolis, MN; San Antonio, TX
- Preferred Qualifications
- Juris Doctor (JD) degree
- 15+ years of experience in senior compliance roles, ideally within a publicly traded medical device, biotech, or pharmaceutical company
- Deep knowledge of medical device regulatory environment
Responsibilities
- Design, implement, and maintain a risk-based global corporate compliance and ethics program in collaboration with the Chief Compliance Officer
- Ensure that operations, products, and business practices align with all laws, regulations, and ethical standards applicable to the sale of diabetes products to healthcare professionals and directly to patients
- Serve as a Compliance Business Partner to the commercial leadership team
- Oversee compliance governance and risk assessment program globally and support reporting to Executive Leadership and the Audit Committee of the Board
- Develop policies and procedures framework and global training programs to effectively mitigate compliance risks associated with patient and HCP interactions
- Track key performance and leading risk indicators for the compliance program and regularly report to management with a focus on transparency and accountability
- Lead key elements of the compliance strategic work plan and partner with the business on compliance related initiatives
- Support auditing and investigations and other global compliance activities
- In collaboration with Legal and Regulatory, ensure scientific integrity and compliance with product labeling and approved promotional practices
- Monitor and respond to regulatory developments and industry trends
- Evaluate and implement systems and technology, including artificial intelligence, to streamline processes and effectively manage risk
- Drive change management activities related to building a stand-alone compliance program designed for the diabetes business
- Continuously evaluate and improve internal processes to ensure efficiency and effectiveness in supporting the business and minimize unnecessary bureaucracy and simplify workflows to facilitate smooth interactions
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the work arrangement for this role?
This position requires working on-site at least 3 days per week at one of the following locations: Northridge, CA; Minneapolis, MN; or San Antonio, TX.
What are the key responsibilities of the Compliance Director?
Key responsibilities include designing and maintaining a global compliance program, ensuring alignment with laws and regulations for diabetes products, serving as a Compliance Business Partner to commercial leadership, overseeing risk assessments, developing policies and training, tracking performance indicators, and supporting audits and investigations.
What experience is needed for this Compliance Director position?
The role requires a strategic, experienced, and proactive background to design and build a global compliance program, with expertise in compliance for medical devices, public company standards, risk assessment, policy development, and healthcare regulations.
What is the reporting structure for this role?
The Compliance Director reports to the company’s Chief Compliance Officer.
What makes a strong candidate for this Compliance Director role?
A strong candidate is strategic, experienced, and proactive, with the ability to build compliance programs for a medical device business preparing to become a standalone public company, ensuring alignment with public standards and handling global risk mitigation.
Medtronic
Develops and manufactures medical devices and therapies
About Medtronic
Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.
Fridley, MinnesotaHeadquarters
1949Year Founded
$3.2MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Employee Assistance Program
Wellness Program
Risks
Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.
Spine biologics market growth may attract new entrants, increasing competition for Medtronic.
Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.
Differentiation
Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.
The company invests heavily in R&D to drive innovation in medical devices.
Medtronic offers comprehensive services, including training and technical support, enhancing product value.
Upsides
Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.
Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.
Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.
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