Director, Compliance Monitoring and Assessments, Divisions MSNT

Work Flexibility: Hybrid or Onsite

Position Summary:

The Director, Compliance Monitoring and Assessments, Divisions, will be responsible for helping to build and oversee the framework, processes, tools, and resources needed to support Stryker’s compliance monitoring, assessment, auditing, and forensic investigations capabilities, with a mandate to leverage automation and technology to deliver insights and identify areas of improvement. The role will further implement and then ensure the effective operation of our compliance monitoring capabilities for the commercial divisions and business units, including scheduling, and conducting assessments, audits and investigations as required. This position provides intelligence and informs decision making by working collaboratively with divisional Compliance Officers.

Essential Duties and Responsibilities:

• Compliance Monitoring & Auditing program: Plan, manage and implement a risk based annual Compliance Monitoring & Auditing program to provide assurance on the overall effectiveness of key elements of Stryker’s compliance program. Follow generally acceptable auditing standards (e.g., Institute of Internal Auditors)

• Adopt a risk-based approach in the assessment and management of risks prioritized by business, such as, business interactions with Health Care Professionals (HCP) and government officials, indirect channels, high-risk vendors, grants and donations and third-party educational events, transparency, etc.

• Consistently seek to add business value with our monitoring capabilities to deliver impactful data and insights to stakeholder

• Mitigate risk through reinforcing established procedures, spotting and escalating issues to Compliance leadership, and modeling business integrity and ethical behavior

• Drive innovative change throughout the Monitoring and Auditing program by developing and implementing leading edge, transformative ideas for testing automation, data analytics, and visualization of risks and test results

• Maintain awareness of development in industry laws, regulations, in monitoring & auditing, and risk management and implement best practices internally

• Raise awareness of the program and foster accountability for ethics and integrity

• Champion a proactive approach to Compliance focused on partnership, prevention, and risk mitigation

• Develop strong relationships throughout the commercial divisions and business units in support of a risk-based, proactive, and collaborative approach to compliance

• Demonstrate ability to identify issues, engage appropriate stakeholders, complete root cause analysis, and assess solution effectiveness

• Forensic Investigations: Support the Legal Investigations team, Divisional Compliance Officers, and HR by providing forensic accounting and investigation support including:

  • Reviewing and analyzing specific allegations and global investigations

  • Conducting interviews of witnesses and investigation targets

  • Coordinating investigative activities

• Training & development: Partner with Compliance business partners and Training team to develop training and education programs for Compliance Officers and staff on conducting risk assessment, developing regional monitoring programs, understanding monitoring & auditing methodology, tools and procedures

• Collaborate with divisional Compliance Officers, Internal Audit, Finance, and other functions to eliminate duplication of effort and maximize audit reliance.

• Other - Perform related work as necessary and assigned by the manager and other members of the Global Compliance and Privacy leadership teams

Education and Special Trainings:

• Undergraduate degree required

• Graduate degree or professional accreditation preferred (e.g., CPA, MBA, JD, CFE)

• Experience in complex accounting and financial investigations, including those involving the Foreign Corrupt Practices Act (FCPA), improper payments, and related key compliance risks

• Public accounting or audit experience in a professional services firm preferred.

Minimum Qualifications and Experience:

• A minimum of 10+ years of work experience required (minimum 6 years demonstration of requisite functional and interpersonal skills)

• Demonstrates knowledge and clear understanding of the required elements of effective Medtech compliance programs and experience with AdvaMed code and other relevant standards.

• Possesses excellent communication, leadership, and influencing skills.

• Demonstrates high level of professionalism, business acumen, and judgment.

• Demonstrates a