Director, Compliance Monitoring and Assessments, Divisions MSNT

Work Flexibility: Hybrid or Onsite

Position Summary:

The Director of Monitoring and Assessments, Medsurg Neurotechnology (MSNT) will drive the strategic development and execution of compliance monitoring plans for the MSNT Group. Collaborating closely with Senior Compliance Officers and their teams, this role is instrumental in enhancing the effectiveness of the GCP Program in reducing and understanding compliance risk within the MSNT. As a key member of the Compliance Monitoring & Third-Party Programs (CMT) Team, the Director provides critical insights into compliance performance, influences decision-making, and coordinates with leadership and Compliance Officers across Stryker's business units.

 

In addition to developing and managing the framework, processes, tools, and resources for compliance monitoring and assessments, this role includes overseeing auditing and forensic investigations. This role will also partner with the Compliance Systems & Analytics team to integrate automation and technology for enhanced insights and continuous improvement. The Director will oversee operational aspects of compliance monitoring across MSNT, encompassing the planning, execution, and management of assessments, audits, and investigations as necessary.

Essential Duties and Responsibilities:

Compliance Monitoring Program Development & Execution:

• Oversee the design, development and maintenance of monitoring and assessment programs to provide business insights, enable risk-intelligent decisions, inform the compliance risk assessment process, and support remediation activities.

• Capability to perform all aspects of the monitoring and assessments program, including supporting compliance risk assessment (scoping), assisting in annual plan development (planning), executing plans using various techniques (fieldwork), evaluating findings (analysis), and applying professional judgement.

• Prepare and communicate concise reports of findings and recommendations to stakeholders.

Program Administration and Monitoring:

• Oversee the compliance program's Key Performance Indicators (KPIs) to ensure program element effectiveness (e.g. policy and process) aligns with Compliance Program goals.

• Stay updated on regional and industry-specific compliance regulations and trends, incorporating latest monitoring and assessment techniques.

Compliance Program Support and Risk Management:

• Provide insights to enable the development and improvement of compliance programs and initiatives.

• Engage in processes for identifying and evaluating organizational risks, contributing significantly to the development of a risk-based compliance program.

• Be a resource for regional Compliance and Legal Investigations teams by providing forensics support on select investigations.

Forensic Investigations:

• Be a resource for regional Compliance and Legal Investigations teams by providing forensics support on select investigations.

Additional Duties & Responsibilities:

• Responsible for maintaining an understanding of key auditing/assessment and monitoring concepts, techniques, and relevant risk areas (e.g., fraud, ABAC, conflict of interest)

• Demonstrates ability to manage and support change in a dynamic environment

• Oversee the preparation and delivery of reports and presentations summarizing monitoring, assessments, and remediation for senior leadership and external government agencies as requested.

• Exercise independent judgment to make decisions of moderate impact to the company.

• Develop strong relationships throughout multiple businesses and functions to foster a consistent and collaborative approach to proactive compliance.

• Demonstrate excellent ability to identify issues, engage appropriate stakeholders, complete root cause analysis, and assess effectiveness of solution within area of responsibility.

• Maintain excellent knowledge of the organization and its operations; uses knowledge of business and compliance metrics to inform the strategy and goals.

• Foster a continuous improvement mindset and proposes enhancements to the program informed by industry trends and best practices.

• Well-developed ability to show discretion and maintain confidentiality

• Requires a developing understanding of and leadership interactions with key functions (Indirect Channel Management, Internal Audit, Finance, Operations, Supply Chain, Manufacturing, R&D, Sales and Marketing.) 

• Demonstrates professional demeanor and is perceived as competent with developing conflict management skills

• Demonstrates effective communication and p