FAQs
What is the primary responsibility of the Country Ethics, Risk & Compliance Head?
The primary responsibility is to develop, implement, and oversee an effective Ethics, Risk & Compliance (ERC) program in alignment with the company's strategy and priorities, ensuring compliance with company policies and applicable laws and regulations.
What qualifications are required for this position?
A Bachelor’s Degree in Business, Law, Finance, or other relevant subjects is required, with a postgraduate degree preferred.
How much work experience is needed for this role?
A minimum of 5 years of experience in the pharmaceutical, device, or healthcare industries with relevant exposure to Ethics, Risk, and Compliance functions or related components is preferred.
What skills are essential for this position?
Essential skills include familiarity with healthcare laws and regulations, knowledge of Compliance Program principles, risk management (including third-party risk management), and project management skills.
Will I be involved in training and communication on ERC-related standards?
Yes, the Head of ERC is responsible for conducting local communication, training, and monitoring activities to support ERC awareness and risk identification.
Are there opportunities for career development within the local ERC team?
Yes, there is a focus on developing associates within the local ERC team for potential succession, particularly targeting key talents.
Is crisis management a part of this role?
Yes, experience in crisis management is a requirement, as the Head of ERC will need to support the organization during significant compliance-related instances.
What are my key performance indicators in this role?
Key performance indicators include establishing an effective ERC ‘tone at the top’, ensuring regular discussions of ERC topics in meetings, and executing an annual monitoring plan.
Is familiarity with compliance certification status a plus for this position?
Yes, knowledge of Compliance Program principles and familiarity with Compliance Certification status is considered a plus.
Will I need to participate in investigations of misconduct?
Yes, experience in dealing with investigations of misconduct is required, and the Head of ERC will support or conduct investigations as necessary.