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Senior Compliance Associate

Company: Otsuka Pharmaceutical, Otsuka Pharmaceutical Co.
Location: Princeton
Posted on: September 21, 2022

Job Description:

Job SummaryThe Sr. Compliance Associate will report to the Ethics & Compliance (E&C) Senior Manager and will assist with OAPI and OPDC aggregate spend financial transparency reports in state, federal, and international jurisdictions, and support general corporate compliance initiatives. The position will report out of Rockville, MD or Princeton, NJ.Job Description

  • Contribute to end-to-end management of financial transparency data quality errors and work with internal and external stakeholders to determine root causes, requirements and resolutions
  • Collaborate with internal and external stakeholders to ensure accurate spend data is received
  • Participate in daily activities related to Otsuka's global Aggregate Spend data collection efforts
  • Escalate data integrity issues, as appropriate
  • Support transparency reconciliation processes to ensure appropriate business review of data collected; Maintain and update Data Provider and Transparency Coordinator trackers as needed
  • Serving as a resource and a subject matter expert for all financial transparency related activities
  • Monitor and analyze financial transparency data and trends and design and develop reports and presentations for cross-functional teams to provide analytic intelligence to identify potential risk areas, and develop an action plan/options for resolutions, as needed
  • Develop or update processes- identify process gaps and recommend improvements, establish and maintain work practices for new and existing transparency processes
  • Assist management with utilization of current systems and tools to ensure accurate financial transparency data tracking and reporting (policy violation alert reports review, value assessment, etc.)
  • Maintain a detailed log of all operational activities, requests, and communications
  • Evaluate compliance issues and respond to inquiries regarding application of the Company's Code and relevant policies and procedures
  • Act as an independent reviewer of situations to help ensure the compliance issues within the Company are being reviewed and resolved in a timely fashion
  • Support healthcare law auditing and monitoring and investigations activities
  • Provide operational support to the Sr. Compliance Manager, as needed
  • The role will evolve as the needs of the team and business are determinedQualificationsRequired
    • Bachelor's Degree
    • Two (2) or more years of experience in the life sciences industry
    • Experience with federal, state, and international financial transparency reporting
    • Knowledge and understanding of applicable laws, regulations, codes and business standards that affect Company's Corporate Compliance Program (e.g., PhRMA Code, OIG Compliance Program Guidance for Pharmaceutical Manufacturers, Anti-Kickback Statues, Sunshine, EFPIA, etc.)
    • Strong work ethic
    • Ability to synthesize information from diverse sources
    • High level of attention to detail
    • Ability to read, analyze, and interpret business and regulatory information
    • Ability to accomplish goals with minimal supervision both independently and as a team member
    • Proven track record in delivering results, self-starter and ability to manage complexity and ambiguities
    • Strong written and oral communication skills
    • Ability to multitask and prioritize work in a dynamic and changing environment
    • High degree of proficiency with Microsoft Office Suites and ability to learn analytics technology toolsPreferred
      • 3-5 combined years of work experience in the life sciences industry - -
      • Paralegal or project management experience
      • Experience working in a variety of systems (e.g., Concur, Aggregate Spend platforms, etc.)DisclaimerThis job description is intended to describe the general nature and level of the work being performed by the people assigned to this position. It is not intended to include every job duty and responsibility specific to the position. Otsuka reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.Otsuka is an equal opportunity employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to their protected veteran or disabled status, or any protected status

Keywords: Otsuka Pharmaceutical, Otsuka Pharmaceutical Co., Trenton , Senior Compliance Associate, Other , Princeton, New Jersey

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