Compliance Specialist

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the LifeWe’re a mission-driven leader in medical technology and solutions with a legacy of integrity and innovation. Work with us to incentivize better patient care, and partner across the industry to make healthcare more affordable and accessible. Be a part of a community of experts committed to ensuring quality, affordable healthcare worldwide.
The Compliance Specialist will perform and support a variety of activities related to Medtronic’s transparency reporting and audit and monitoring programs. The Compliance Specialist, based in Bogota, Colombia, will join the Transparency Reporting Center of Expertise within the Office of Ethics and Compliance and report to the Compliance Director responsible for global transparency reporting (who is based in the U.S.). They will play a key role in supporting a variety of activities related to reporting Medtronic’s interactions with health care professionals (HCPs) and health care organizations (HCOs) as required by the U.S. Open Payments Program and other global transparency obligations.
Additionally, the Compliance Specialist will perform audit and monitoring procedures as directed by the Global Audit and Monitoring Center of Expertise within the Office of Ethics and Compliance. Their time and assignments will be split equally between transparency reporting and audit and monitoring activities. This will be a remote position.

Responsibilities may include the following and other duties may be assigned:

Transparency Reporting:

• Work with team members and internal business partners to compile, review, correct, and submit transparency reports as mandated by state and federal authorities in the United States and other global regions. All deadlines must be met
• Review and help maintain Healthcare Provider (HCP) and Healthcare Organization (HCO) databases to be used in preparing reports
• Produce ad hoc reports for internal clients related to payments or transfers of value provided to HCPs and HCOs
• Assist with data review and reconciliation efforts among source systems & databases to ensure all sources are aligned, complete, and accurate
• Prepare metrics, summaries and presentations for management of data reported to the authorities
• Professionally and promptly respond to frequent inquiries from our business partners related to transparency reporting requirements and guidelines

Audit and Monitoring:

• Provide A&M test execution support to the Global Compliance Auditing & Monitoring team as required, including project management, test design, and result scoring skills.
• Execute daily audit and monitoring activities
• Work with key regional and/or operating unit contacts and stakeholders to present and validate potential issues, and facilitate the development of appropriate remediation plans and timelines
• Prepare draft report of monitoring findings and communicate results of special projects to management
• Maintain technical competence in auditing, information systems, and compliance policies and government regulations
• Interpret testing results and formulate conclusions and scoring based on assessment of control deficiencies and root causes
• Leverage data and analytic tools as appropriate to achieve greater testing accuracy and efficiency
• Serve as a key contact point for Global Compliance Auditing & Monitoring team in its interactions with various businesses and geographies, other Medtronic departments and external entities

Required Knowledge and Experience:

• Bachelor’s degree
• Fluent in English
• Experience with Microsoft Office
• Proficient in Microsoft Excel
• Two years of experience, preferably in the healthcare industry, data analytics, regulatory, auditing and monitoring, or other compliance role

• Ability to process and organize a high volume of data on a regular basis
• Strong attention to detail and effective at identifying data inconsistencies

• Experience in audit and monitoring techniques and data reconciliation
• Achievement oriented and ability to drive results with the highest quality standards
• Ability to work well under multiple instructions and directions with tight deadlines

Experience with query tools such as Business Objects, Power Business Intelligence, Tableau, TIBCO Spotfire is advantageous.

Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people. 
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here