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Principal, Compliance

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Job Description - Principal, Compliance

It provides proactive, solutions-oriented compliance advice to support business activities, mitigate legal and compliance risks, and advance the company's objectives. Key responsibilities include overseeing local compliance through effective policies, risk management, due diligence, and training for employees and third parties. The role also involves reviewing and approving interactions with healthcare professionals and third parties, while conducting monitoring activities to minimize compliance risks and protect the company's interests. Provides compliance guidance and advice to local commercial and functional teams, and pro-actively supports business matters to ensure compliance with corporate standards and mitigation of compliance risks. Acts as a local subject matter expert on all aspects of compliance program. Reviews and advises on matters and documents related to commercial activities, engagement of healthcare professionals, third parties & service providers, etc. Develop, implement, and maintain compliance program, policies, procedures, and processes to ensure adherence to internal standards, legal and compliance requirements, and industry best practices. Manages compliance incidents and deviations, escalating matters appropriately to the APAC Growth Markets Compliance team. Provide compliance training to business partners and other internal stakeholders and externally to third parties. Responsible to create and develop engaging communications for a wide audience that contribute to an enhanced culture of compliance at the Company. Lead efforts to foster a culture of integrity and ethical conduct within the organization by promoting compliance awareness at all levels. Establish robust monitoring and auditing processes to evaluate the effectiveness of compliance controls and identify opportunities for improvement. Support and participate in internal and external audits, ensuring that all findings and observations are addressed in a timely and effective manner. Stay informed of changes in laws, regulations, and industry trends to proactively address emerging compliance issues and implement necessary adjustments. Perform other duties as assigned. Bachelor's degree or equivalent and a minimum of 10-14 years in compliance or related fields within the medical device, pharmaceutical, or healthcare industry. The candidate can also be from audit consulting firms managing healthcare-related work. Knowledge of FCPA/local anti-bribery laws; regulatory promotional practices. Proficiency in both written and spoken English and local language is essential for effective communication with team members. Strong leadership, communication, and interpersonal skills, with the ability to collaborate effectively and influence stakeholders across all levels of the organization. To proactively work on risk management strategy for the organization depending upon the changes in laws, policies, audit findings, etc.
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