Chief Compliance Officer
Chief Compliance Officer
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$ 217600 - 326400
1 Vacancy
Job Description
At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.
A Day in the Life
We are seeking a strategic experienced and proactive Chief Compliance Officer (CCO) to lead and manage the global compliance and privacy functions for Medtronic Diabetes a $2.8 billion medical device business that has recently announced that it will be spinning out into a standalone public company. Reporting to the companys General Counsel the CCO will be responsible for overseeing a comprehensive compliance program that ensures adherence to all applicable regulatory requirements industry standards ethical practices and internal policiesacross all regions of operation. The CCO will also lead the companys global privacy team ensuring compliance with global data protection regulations such as HIPAA GDPR and other applicable privacy laws. The CCO will play a pivotal role in helping the company prepare for and operate successfully as a publicly traded company aligning compliance programs with public company standards and shareholder expectations.This role requires you to work on-site at our Northridge CA office at least 3 days per week.
This position is an exciting opportunity to work with Medtronics Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential enabling us to operate with greater speed and agility. As a separate entity we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.
Key Responsibilities:
Compliance & Ethics Program:
Design implement and maintain a risk-based global corporate compliance and ethics program based on the Office of Inspector Generals Seven Elements of an Effective Compliance Program.
Ensure that operations products and business practices align with all laws regulations and ethical standards applicable to the sale of diabetes products to patients and healthcare professionals.
Lead the companys Code of Conduct and patient and healthcare professional interaction global training programs.
Monitor and respond to regulatory developments and industry trends.
Develop policies procedures and internal controls to mitigate compliance risks.
Lead pre- and post-IPO compliance readiness including risk disclosures internal controls training and compliance related due diligence.
International Regulatory & Commercial Compliance:
Ensure compliance with anti-bribery/anti-corruption laws (e.g. FCPA UK Bribery Act) global sales and marketing regulations and international trade compliance.
Support compliance with pricing transparency market access and tender processes in diverse jurisdictions.
Develop and oversee global third-party due diligence and monitoring systems.
In collaboration with Legal and Regulatory ensure compliance with product labeling and approved promotional practices.
Leadership & Governance:
Serve as an advisor to the CEO executive team and Board Audit Committee on compliance and risk matters.
Prepare and deliver regular reports on the status of the compliance program and material issues.
Build and manage a global compliance team with regional leads.
Promote a culture of integrity and ethical business practices across all levels of the organization.
Investigations & Risk Management:
Oversee internal investigations and reporting of alleged misconduct or compliance violations and work with Human Relations on appropriate discipline.
Establish a confidential and effective whistleblower and reporting mechanism.
Partner with internal audit and legal teams to manage compliance risk assessmentsand audits.
Required Qualifications:
Bachelors degree and 15 years of relevant experience with 10 years of managerial experience
Or advanced degree and 13 years of relevant experience with 10 years of managerial experience
Preferred Qualifications:
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 environments (FDA EU MDR etc.).
Experience with compliance-related technologies (e.g. third-party screening transparency and Sunshine Act reporting platforms HCP interaction platforms etc.).
Experience managing compliance in a multinational environment.
Proven leadership and a track record of building high performing teams.
Excellent interpersonal communication and presentation skills.
Demonstrated ability to work with senior leadership and influence organizational culture.
Masters in Law MBA or equivalent advanced legal degree.
Certifications such as CCEP CIPP or CHC.
Experience in a direct-to-consumer business CMS billing and reimbursement and/or have worked for HIPAA covered entity.
Prior experience supporting a company through IPO acquisition or other major corporate event.
Why Join Us:
Play a strategic leadership role in shaping a world-class compliance program for a mission-driven company that is transforming patient care globally.
Work in a dynamic collaborative and international environment.
Join a company committed to ethical innovation and improving health outcomes.
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.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
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.
The following benefits and additional compensation are available to those regular employees who work 20 hours per week: Health Dental and vision insuranceHealth Savings AccountHealthcare Flexible Spending AccountLife insurance Long-term disability leaveDependent daycare spending accountTuition assistance/reimbursement andSimple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees:Incentive plans 401(k) plan plus employer contribution and matchShort-term disabilityPaid time offPaid holidaysEmployee Stock Purchase PlanEmployee Assistance ProgramNon-qualified Retirement Plan Supplement (subject to IRS earning minimums) andCapital Accumulation Plan (available to Vice Presidents and above or subject to IRS earning minimums).
Regular employees are those who are not temporary such as interns. Temporary employees are eligible for paid sick time as required under applicable state law and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
Medtronic benefits and compensation plans
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 95000 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.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age color national origin citizenship status physical or mental disability race religion creed gender sex sexual orientation gender identity and/or expression genetic information marital status status with regard to public assistance veteran status or any other characteristic protected by federal state or local law. In addition Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Required Experience:
Chief
Employment Type
Full-Time
