Full-Time

Compliance Specialist

Posted on 11/15/2024

Medtronic

Medtronic

10,001+ employees

Develops and manufactures medical devices and therapies

Healthcare

Compensation Overview

$68k - $102kAnnually

+ Short-term incentive (Medtronic Incentive Plan)

Junior, Mid

Minneapolis, MN, USA

Category
Risk & Compliance
Legal & Compliance
Requirements
  • Bachelor's degree and minimum of 2 years of relevant experience or advanced degree with minimum of 0 years of relevant experience.
  • Capable of effectively managing multiple demands from a variety of sources.
Responsibilities
  • Prioritizes patient safety and regulatory compliance by acting swiftly in collaboration with cross functional partners to ensure timely FCA execution
  • Monitors FCA execution status and timetables
  • Gathers and documents evidence of FCA task completion
  • Ensures FCA documents and records are maintained with accuracy and in compliance with good documentation practices and record retention requirements.
  • Gathers and compiles information for regulatory reports
  • Draft, coordinate review, and submit regulatory reports
  • Supports continuous improvement projects to increase effectiveness, efficiency, and compliance.
  • Ensures alignment with legal and ethical standards of the organization.
  • Enforces antibribery and anticompetition laws.

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals and healthcare professionals around the world. Medtronic stands out from competitors by not only focusing on product development but also offering comprehensive services such as training for healthcare providers and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its advanced medical solutions.

Company Stage

IPO

Total Funding

$3.2M

Headquarters

Fridley, Minnesota

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Medtronic's recent product innovations, such as the InterStim Micro Neurostimulator and remote monitoring systems, highlight its commitment to advancing medical technology.
  • The company's expansion in Asia, including the launch of the Robotics Experience Studio, indicates strong growth potential in emerging markets.
  • Strategic partnerships and acquisitions, like the collaboration with Ramsay Health Care and the acquisition of Paceart Optima, enhance Medtronic's capabilities and market position.

What critics are saying

  • The highly competitive medical technology market requires Medtronic to continuously innovate to maintain its leadership position.
  • Integration challenges from acquisitions and partnerships could potentially disrupt operations and delay product development.

What makes Medtronic unique

  • Medtronic's extensive R&D investment enables continuous innovation in medical technology, setting it apart from competitors who may not have the same level of resources.
  • The company's global reach, operating in over 150 countries, provides a significant advantage in market penetration and customer base.
  • Medtronic's comprehensive suite of products and services, including training and patient management programs, offers a holistic approach to healthcare that many competitors lack.

Help us improve and share your feedback! Did you find this helpful?