Director, Assurance and Risk Advisory (Internal Audit) at Stryker

Warsaw, Masovian Voivodeship, Poland

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Medical Devices, HealthcareIndustries

Requirements

Industry expertise, including a comprehensive understanding of relevant standards, regulations, and emerging risks to effectively support internal audit activities
Expertise in internal audit principles, methodologies, and practices
Develops a risk-based audit plan and leads the team in executing risk-based audit activities, while maintaining a thorough understanding of internal audit methodology, as well as relevant frameworks and standards
Acts as a risk and internal control expert for the business, possessing extensive technical expertise in specific subject areas, and identifies and engages subject matter experts as necessary
Upholds a strong commitment to independent and objective decision making, demonstrating the ability to lead integrated audits covering various risk domains including IT, Compliance, Operations, and Finance
Cultivates a culture of innovation and creativity that embraces emerging technology, reimagining how the department leverages data and technology, and advocates for digital initiatives
Builds trust and credibility within the team at all levels and with stakeholders across the organization, while anticipating stakeholder needs and fostering a client service-oriented mindset
Promotes continuous learning and provides growth opportunities for team members, while identifying and developing internal audit talent for cross-functional roles
Stays informed of industry news, trends, and emerging risks while adopting an agile approach to adjust internal audit activities in response to evolving priorities or emerging risks
Communicates the impact and priority of audit findings, considering the company’s risk tolerance and strategic initiatives
Nurtures stakeholder relationships and promotes collaboration across risk functions, actively seeking input from stakeholders to continuously improve the internal audit function

Responsibilities

Strategically shape audit initiatives by leading the planning and delivery of projects, defining comprehensive scopes, effectively communicating with stakeholders, providing guidance and direction for audit projects, and training, coaching and mentoring team members and ensuring adherence to the IA methodology
Cultivate and sustain strong relationships within the team at all levels and with stakeholders across the organization
Drive the dynamic risk assessment process by leading the development of a risk-based audit plan and offering insights into industry-specific risks
Deliver actionable strategic recommendations derived from industry expertise to strengthen the organization's risk management and internal controls and optimize operational efficiencies
Lead transformational department initiatives
Promote cross-functional collaboration by promoting teamwork among diverse teams to ensure alignment with organizational objectives and facilitate team growth
Socialize audit reports by effectively communicating and presenting audit results to diverse audiences, facilitating understanding and engagement across stakeholders

Skills

Key technologies and capabilities for this role

Internal AuditRisk ManagementInternal ControlsAudit PlanningAudit MethodologyIT AuditCompliance AuditFinancial AuditOperational AuditData AnalyticsEmerging TechnologiesStakeholder Management

Questions & Answers

Common questions about this position

What work arrangement does this position offer?

The position offers hybrid or onsite work flexibility.

What are the key skills required for the Director role?

Key skills include expertise in internal audit principles, methodologies, and practices; industry and risk acumen; developing risk-based audit plans; and leading audits across IT, Compliance, Operations, and Finance.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like for the ARA team at Stryker?

The team is dynamic and global, focused on customer focus and innovation, with a culture that promotes collaboration across risk functions, continuous learning, growth opportunities, and embracing emerging technology.

What makes a strong candidate for this Director position?

A strong candidate has industry expertise, risk acumen, experience leading financial, operational, and compliance audits, ability to build stakeholder relationships, and a commitment to innovation and agile responses to emerging risks.

Stryker

Develops and manufactures medical devices and equipment

About Stryker

Stryker develops and manufactures medical devices and equipment aimed at improving patient care and surgical efficiency. Their products include surgical tools, neurotechnology devices, and orthopedic implants, which are sold directly to hospitals and clinics. Stryker stands out from competitors by focusing on high-quality products and a commitment to advancing healthcare solutions. The company's goal is to enhance the overall healthcare experience for both patients and medical professionals.

Kalamazoo, MichiganHeadquarters

1941Year Founded

$423.3MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Medical & prescription plans

Supplemental health benefits

Flexible Spending accounts

Employee Assistance Program

Short-term & long-term disability

Tuition reimbursement

401(k) plan

Employee Stock Purchase Plan

Risks

Integration challenges from acquisitions may strain Stryker's resources.

Rapid tech advancements risk obsolescence of Stryker's current products.

Regulatory scrutiny on acquisitions could delay Stryker's market entry.

Differentiation

Stryker's acquisitions enhance its minimally invasive surgical solutions portfolio.

Entry into the peripheral vascular segment diversifies Stryker's market presence.

Stryker's focus on AI integration boosts diagnostic accuracy and operational efficiency.

Upsides

Growing demand for minimally invasive solutions aligns with Stryker's strategic acquisitions.

The orthopedic implants market growth benefits Stryker's expanding product line.

Stryker's acquisition of Inari Medical positions it in a high-growth vascular market.

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