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Compliance Officer

2 months ago

Cambridge, Cambridgeshire, United Kingdom Dr. Reddy's Laboratories Full time
About the Role

We are seeking a highly skilled Compliance Officer to join our team at Dr. Reddy's Laboratories. As a key member of our Legal and Compliance Function, you will play a critical role in ensuring the company's compliance with regulatory requirements and industry standards.

Key Responsibilities
  • Develop and implement a regional compliance plan for Dr. Reddy's Europe Region, including an action tracker to monitor progress.
  • Maintain current knowledge of applicable regulatory requirements and monitor advancements in best practice to ensure the company remains compliant.
  • Collaborate with the Regional General Counsel of Europe and Chief Compliance Officer to assess compliance risks and implement processes to mitigate them.
  • Drive the completion of compliance risk assessments based on applicable regulatory requirements in each country within the Region.
  • Serve as the primary liaison with key internal stakeholders across the Europe Region, including Sales, Marketing, Legal, Finance, Internal Audit, and Human Resources, on all ethics and compliance matters.
  • Investigate and report on allegations relating to potential breaches of Dr. Reddy's Code of Business Ethics (COBE) for the Europe Region.
  • Prepare gap assessments and corrective action plans to address any compliance issues.
  • Manage and oversee the reporting of statutory compliance administration across the Region.
  • Develop and deliver compliance briefings and training modules on new and existing regulations to the business as required.
  • Provide training to all Europe-wide businesses on Dr. Reddy's COBE, compliance policies, and procedures.
  • Create, implement, and oversee regular testing and monitoring programs based on the results of the risk assessments.
  • Implement a compliance third-party oversight program for Dr. Reddy's business units in Europe.
  • Be a champion for Dr. Reddy's Ethics (COBE) program in the Region.
  • Provide in-region expertise and advice on compliance matters and advise Senior Leadership for Europe on compliance program needs across the Europe Region.
  • Report on a regular basis to keep Legal & Compliance management at corporate level of compliance program implemented in the Region.
  • Act as Convener of the Europe Regional Compliance Council (RCC), conduct regular compliance meetings with stakeholders, and be accountable for closing observations/action items coming out of the RCC or any other compliance meetings.
  • Ensure participation in relevant meetings and forums organized by Dr. Reddy's Corporate Compliance function.
  • Lead or participate in any global compliance project to develop or improve Dr. Reddy's compliance and ethics program.
  • Represent compliance in any cross-functional projects at Europe or at a global level.
Requirements
  • Law/Finance/Management graduate with 12+ years of practical experience in compliance program implementation working in a global company.
  • Preferably from the Pharmaceutical/Medical Devices/Healthcare industry with experience of handling engagements with healthcare professionals.
  • Proven project management skills and ability to lead a team.
  • Proven experience of communicating effectively with decision-making individuals within an organization.
  • Pragmatic, self-starter with strong analytical skills to identify core issues.
  • Strong problem-solving ability to come up with practical solutions that comply with law and work for the business.
  • Strong communication and presentation skills, including the ability to tailor your message to your target audience and communicate complex issues clearly and persuasively.
  • Ability to build solid relationships and to influence across a diverse group of business people with a wide array of professional backgrounds, including executive management.
  • Strong organizational skills and the ability to successfully coordinate and complete multiple tasks within and across departments to meet established and changing deadlines.
  • Unquestionable ethics and excellent judgment, ability to maintain confidentiality, and act in a critical position of trust within the company.
  • The ability and desire to work independently with limited direct supervision.
  • Business compliance advisory, training, and awareness sessions conducting, risk management, and mitigation.
  • Audit, investigations skills.
  • Fluency in English language is mandatory; candidates with additional language proficiency (German, French, Italian, Spanish) will be given preference.