Chief Compliance Officer

Company: Disability Solutions
Location: Libertyville
Posted on: October 27, 2024

Job Description:

We Make Life More Rewarding and Dignified Location: Libertyville Department: Law Summary Reporting to the General Counsel of JDS with a dotted line to the Audit Committee of the Board of Directors, and located in Libertyville Illinois, the role of Chief Compliance Officer ("CCO") is a unique opportunity to lead Hollister's mission oriented and performance driven Global Compliance Program. The highly connected nature of Hollister's culture is nurtured through in-person interactions and is an important part of who Hollister is as a Company. Therefore, a requirement for the role is to be present at Hollister's company headquarters in Libertyville three days/week. Flexibility as to one's work location is provided the other two days/week. Responsibilities The CCO will be responsible for leading Hollister's Global Compliance Program and providing proactive compliance guidance to Hollister's global business units. The CCO will be required to: As part of the Global Compliance Program:

• Continue to develop, refine, implement and drive processes, policies and procedures to ensure compliance with laws and regulations applicable to medical device and healthcare service companies, including global anti-corruption laws and regulations.
• Maintain an ongoing monitoring program to measure the effectiveness of Hollister's compliance program and to identify successes and areas for further improvement.
• Proactively provide training, guidance, and support on an ongoing basis to U.S. and regional business units outside the U.S. on complex ethics and compliance issues.
• Ensure the Global Compliance Program satisfies the elements of an effective compliance program: (a) Standards of conduct, policies and procedures, (b) Compliance officer and committee, (c) Communication and education, (d) Internal monitoring and auditing, (e) Reporting and investigating, (f) Enforcement and discipline, and (g) Response and prevention. Working closely with business leaders and compliance team members, be responsible for due diligence, education and monitoring of Hollister's third- party intermediaries to ensure understanding of, and compliance with, Hollister compliance requirements and applicable laws and regulations. Identify compliance risks and work collaboratively with a variety of stakeholders, including compliance team members, senior management, regional business units, and other Hollister functions (e.g., Human Resources, Internal Audit, IT, Enterprise Risk Management) to drive implementation of and enhance Hollister's Global Compliance Program. Lead and/or assist in the investigation and evaluation of allegations of noncompliance. Assist in developing and implementing corrective action plans. Manage and develop a high performing team of 4 compliance professionals currently located in the U.S., France and Germany. Stay up to date and serve as a subject matter expert on legal and compliance developments, healthcare industry activities and emerging trends relating to Hollister's global business. Serve as a contributing member of Hollister's Law Leadership Team and Law Function. Work Experience Requirements
  • At least 10 years relevant experience leading the compliance function for a global healthcare company.
  • Experience practicing healthcare law in both a law firm and a corporation is a plus. Education Requirements
    • A JD from a leading law school with proven academic success.
    • Candidates without a law degree who have the required healthcare compliance experience will be considered. Specialized Skills/Technical Knowledge
      • Demonstrated success serving as a change agent in developing, implementing and enhancing a global compliance program. Prior experience in auditing or monitoring compliance processes and controls is a plus.
      • Strong cross-cultural communication skills, including experience working with non-U.S. stakeholders. Excellent interpersonal skills, with an ability to inspire trust and confidence with internal and external stakeholders with different cultural backgrounds.
      • Demonstrated leadership talent, with the ability to motivate and interface with employees at all levels by virtue of keen business acumen, excellent judgment, professional competence, emotional intelligence, credibility, flexibility and personal integrity.
      • Strong written and verbal communication skills, including the ability to clearly and concisely articulate complex legal concepts to a lay audience.
      • Ability to issue spot and provide incisive, practical and business-focused compliance solutions.
      • Ability to cost-effectively and proactively engage and manage outside counsel and other service providers on a global basis as required.
      • Demonstrated success working on a multidisciplinary team in a fast-paced, dynamic environment; proven capability leading and influencing cross-functional teams.
      • Creativity and resourcefulness, with a bias toward well-informed action. Strong problem-solving skills with a pragmatic orientation.
      • Flexibility and ability to adapt to changing priorities.
      • An ability to occasionally travel internationally to support global compliance.
      • Deep knowledge of the U.S. Anti-kickback Statute, U.S. Sunshine Act, and other U.S. Fraud and Abuse laws and working knowledge of other U.S. laws generally pertaining to compliance in healthcare.
      • Strong knowledge of the Foreign Corrupt Practices Act.
      • Strong knowledge of local ex-U.S. anti-corruption laws and ex-U.S. laws specifically pertaining to compliance in healthcare.
      • License to practice law and in good standing under the Bar of any state that enables admission to practice as in-house counsel in Illinois is preferred. About Hollister Incorporated Hollister Incorporated is an independent, employee-owned company that develops, manufactures and markets healthcare products worldwide. The company spearheads the advancement of innovative products for ostomy care, continence care and critical care, and also creates educational support materials for patients and healthcare professionals. Headquartered in Libertyville, Illinois, Hollister has manufacturing and distribution centers on three continents and sells in nearly 80 countries. Hollister is a wholly owned subsidiary of The Firm of John Dickinson Schneider, Inc., and is guided both by its Mission to make life more rewarding and dignified for people who use our products and services, as well as its Vision to grow and prosper as an independent, employee-owned company, and in the process, to become better human beings. Our Total Rewards package in aggregate is above market and includes competitive pay, generous paid time off programs, peer-to-peer recognition, health and life insurance, wellness programs and incentives, generous retirement savings, and a unique Benefit of Employee Share Ownership Program (BESOP). Hollister is an EO employer - M/F/Veteran/DisabilityJob Req ID: 33670

Keywords: Disability Solutions, Elgin , Chief Compliance Officer, Executive , Libertyville, Illinois