Compliance Business Partner

About Olympus

Olympus Medical Systems India Private Limited (Olympus) commenced its business operation in Indian market on April 1, 2010. Olympus is a wholly owned subsidiary of Olympus Corporation, which expanded globally into the Indian market, among others, with the aim of being the most respected reliable and chosen brand in the healthcare domain. Olympus established its direct presence to build very strong marketing and service facilities. With better and innovative technology, Olympus looks forward to expanding its foothold in the market in tandem with the growth in Indian economy. In addition, the Group is in the process of establishing a separate legal entity in Hyderabad, India, known as Olympus Technology Centre India (OTCI). This new entity represents a strategic investment in expanding Olympus' research and development capabilities in India, with the aim of diversifying innovation activities and accelerating advancements in medical technology.

Business Overview

Olympus has a wide portfolio of products with the latest innovative and superior technology. Olympus deals primarily in two verticals, i.e. Gastrointestinal Solutions Division (GIS) and Surgical & Interventional Solutions Division (SIS), and contributes to medical advancement in society with its state-of-the-art products. Olympus also has a wide range of Scientific Solutions Products for the non-medical segment in India.

Role Overview

Core objective of this role is to provide support on compliance matters for Olympus business throughout India and in the near future, compliance matters of OTCI. The selected candidate is expected to work closely with all internal stakeholders and the regional Compliance team in ensuring that compliance risks in India are managed appropriately and consistently.

Key Responsibilities

•Lead the development, implementation and maintenance of a Compliance programme.

•Be a part of Olympus executive leadership team and provide strategic direction on Compliance and ethics.

•Drive Compliance awareness in the organization and provide guidance to colleagues.

•Provide day-to-day guidance and support on Compliance matters to all business units and functions.

•Support and coordinate employee compliance with the Global Code of Conduct and related Compliance policies.

•Coordinate and attend Compliance Committee meetings.

•Partner with Governance functions, HR, Finance and other divisions.

•Coordinate with APAC and Global Compliance Divisions and communicate progress to management.

•Ensure compliance with applicable Indian laws, regulations, industry codes, and company policies, including anti-bribery, anti-corruption, competition law, data privacy, and healthcare compliance requirements.

•Oversee third-party compliance due diligence processes

•Advise business leaders on compliance risks associated with commercial initiatives, tenders, sponsorships, grants, donations, and healthcare professional engagements.

•Support internal and external audits and coordinate remediation plans for identified compliance gaps.

Minimum Requirements

Qualification:

Degree in law or related field.

Professional Experience:

At least 15 years experience in Compliance or a related field, including experience in a corporate organization.

Preferred: Professional certification as a Certified Compliance & Ethics Professional, Professional Risk Manager or equivalent.

Competencies

•Integrity and professional ethics

•Familiarity with the Uniform Code for Marketing Practices in Medical Devices (UCMPMD), industry practices and professional standards

•Knowledge of risk assessment and control

•Attention to detail

•Business Acumen

•Customer focus

•Execution Excellence

•Domain Expertise

•Communication

•Developing Organizational Talent

•Team Leadership