Principal, Compliance
Gurgaon, IN
Additional Locations: N/A
Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance
At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.
About the role: Principal, Compliance
This role is responsible for developing and implementing the compliance program for One BSC India Campus, ensuring alignment with Boston Scientific’s policies and external regulations. 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.
Location: Gurugram, India
Job Responsibilities:
Compliance Advisory and Business Support
- 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.
Compliance Program Development and Management
- Develop, implement, and maintain compliance program, policies, procedures, and processes to ensure adherence to internal standards, legal and compliance requirements, and industry best practices.
Compliance Incident Management
- Manages compliance incidents and deviations, escalating matters appropriately to the APAC Growth Markets Compliance team.
Compliance Training, Communication, and Culture Building
- 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.
Monitoring, Auditing, and Continuous Improvement
- 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.
Regulatory Awareness and Compliance Management
- Stay informed of changes in laws, regulations, and industry trends to proactively address emerging compliance issues and implement necessary adjustments.
Others
- Lead strategic projects/initiatives for the compliance team.
- Perform other duties as assigned.
Your Experience:
- 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.
Requisition ID: 603943
As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.
So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!
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