Lead Compliance Manager
- Corporate
- Hyderabad
- Compliance Management
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Company Description
Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000 plus employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait. We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities or a commercial presence in 66 countries.
For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. As the pharmaceutical industry evolves and undergoes disruption, we see an opportunity – to strengthen our core further (the next steps) and to build the future (the new bets).
‘The Next and the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable. Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfil our potential and maintain our integrity and transparency
Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are committed to employ & nurture all qualified diverse workforce without regard to race, colour religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization.
Candidate be responsible for assessing compliance risks to the DRL BU's operating in the region and supporting the businesses and functions in developing and executing effective risk mitigation strategies for Manufacturing Business. He/She will also be responsible for promoting a speak-up culture through integrated messaging about company values, engaging with employees at all levels across the region in an effort to prevent, detect, and respond to compliance and ethics risks. The position requires strategic thinking, leadership, strong written and oral communication skills, analytical skills, collaboration, independent judgment, and the ability to influence others. Following are non- exhaustive description of responsibilities:
1. Implement ready processes/ tools for effective implementation of COBE principles
2. Support RCO in overseeing and maintain a regional Compliance Program designed to mitigate the risks in the region/ business unit
3. contribute to implementation of robust and effective compliance controls within the organization.
4. Conduct/ coordinate relevant training and communication reflecting relevant compliance risks.
5. Conduct an effectiveness assessment of the trainings conduct and work on further improvisation/ enhancement of training effectiveness.
6. Educate employees on speak up process and ensure awareness on available channels.
7. Support RCO in deploying robust and effective compliance controls within the organization
8. Assist in the gathering of internal information in response to regulatory/ external government requests
9. Third Party Risk Assessment - Deploy regional framework in line with the global and maintain adherence to implementation of the set standards.
10. Identifying and escalating emerging compliance risks to management and functional partners as appropriate.
11. Identifying and managing risks, monitoring, enforcing and evaluating the effectiveness of compliance and ethics policies and promoting an inclusive speak-up culture.
12. Maintaining and fostering strong constructive relationships with local leaders and other stakeholders to facilitate an effective risk culture where safety, quality and integrity are top of mind for all employees
13. Ensuring timely, thorough, and quality intake of issues.
14. Providing guidance and direction to management and other personnel on all matters pertaining to compliance and ethics. Researching and responding to compliance related questions from all employees.
15. Assuming additional responsibilities and performing special projects as needed.
Basic Qualifications (Required Skills/Experience):
- Bachelor’s or Master’s degree in business, finance, economics, law or related discipline
- 12+ years’ experience in compliance and/or ethics related work experience
- Ability to perform risk-based analysis of data and processes to identify risks and remedial actions
- Proven ability to identify, analyze and control any regulatory issues and to propose practical and sustainable solutions, escalating matters where appropriate to management level or team.
- Excellent communication skills, both written and verbal with excellent attention to detail
- Ability to work to tight deadlines whilst ensuring the work undertaken remains to a high standard.
- Proven skills in producing and presenting reports of an exceptional standard to senior management.
Preferred Qualifications (Desired Skills/Experience):
- Experience working in a corporate ethics and compliance department;
- Experience conducting risk and compliance assessments and developing business engagement plans.
- Project management skills related to setting goals, priorities and executing plans.
- Experience in developing and facilitating training to employees at all levels.
- Advanced degree in a relevant field, such as compliance, risk management, communications, business administration.
Candidate's success will require collaboration with employees at all levels to identify and proactively address emergent compliance risks, seek out pockets of anxiety, and amplify and reinforce expectations for compliant behavior. Establishing key partnerships with members of the site leadership team – specifically the site leader, site legal counsel, site HR, site communications team, and other site subject matter experts is critical. Success in this role will be hinged on candidates ability to develop proactive solutions to complex issues in order to prevent, detect, and respond to compliance and ethics risks; to maintain a deep knowledge of compliance and ethics program strategies, policies, processes, industry trends, and best practices; and to stay up-to-date on company compliance and ethics initiatives and identify methods, practices, and tools to complement and enhance these.
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