Job Title

Job Description

Director of Compliance Risk, Audit and Monitoring:

Director of Compliance Risk, Audit and Monitoring will be a valued member of the North America Legal Compliance team dedicated to driving two essential components of Philips Legal Compliance Program in the Region: Auditing & Monitoring (A&M) and Risk Assessment.

Your role:

• Develop and execute a comprehensive Legal Compliance Risk Assessment strategy, documenting and reporting on compliance risks across North America.

• Create and implement an annual, risk-based Compliance Auditing & Monitoring plan, collaborating with Business Compliance Officers, as appropriate.

• Conduct objective reviews of business processes to identify compliance risks, assess internal controls, and evaluate program effectiveness.

• Drive and expand a fit for purpose Field Force Monitoring Program.

• Draft compliance audit reports, develop remediation plans, and oversee their completion.

• Enhance audit and monitoring programs with continuous improvements and data analytics tools.

You’re the right fit if:

• You’ve acquired 6+ years of healthcare compliance experience in a medical device or health technology setting.

• Your skills include competency with various databases such as SAP ERP, MS-Access, Excel, Power BI, and Concur Intelligence, and a strong understanding of U.S. healthcare laws and regulations.

• Familiarity with the COSO Risk Assessment model, or equivalent.

• You have experience as a CPA, in consulting or leading a risk management practice for a highly regulated business.

• You have a bachelor degree and an advanced degree (e.g. JD, MBA) (preferred).

• You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.

• You’re self-motivated, possess strong interpersonal skills, and thrive in an international, matrix organization.

How we work together

We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

This is an office role.

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

• Learn more about our business.

• Discover our rich and exciting history.

• Learn more about our purpose.

• Learn more about our commitment to diversity and inclusion.

Philips Transparency Details

The pay range for this position in Cambridge, MA is $182,672 to $260,960

The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.

In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.

At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.

Additional Information

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Cambridge, MA.

This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.

Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.