What are the responsibilities and job description for the Senior Director - Risk Insights and Management position at Novo Nordisk?
About the Department
At Novo Nordisk, we’re committed to building the best Ethics, Compliance & Privacy (ECP) team in the pharmaceutical industry. Operating at the highest ethical & privacy standards and ensuring adherence to corporate and legal regulations, this team is constantly called upon to design and implement creative solutions to complex issues. From training on new procedures, to auditing against local and corporate policies, to reporting compliance-related issues, ECP keeps us accountable every step of the way as we develop life-changing therapies and bring them to market. At Novo Nordisk, you will be part of a company respected equally for its financial results and its business ethics. Are you ready to make a difference?
The Position
This role directs and operationalizes NNI’s Ethics & Compliance (E&C) risk management program by leading and managing four functional areas : Policies & Training, Monitoring & Auditing, Investigations, Technology & Data Analytics. This leader plays a critical part in designing and driving the core risk management operations of the E&C team, ensuring the identification, assessment, and mitigation of compliance risks while maintaining and strengthening the culture of ethical and compliant business practices. This role is responsible for developing and executing a comprehensive strategy to oversee critical compliance program elements while identifying trends and insights to inform the broader E&C program and business stakeholders. This role takes a proactive and strategic approach to driving continuous improvement of the compliance operations and enhances the E&C program based on industry trends and best practices. This role supports NNI’s adherence Novo Nordisk policies, guidelines, business rules, and other laws and regulations applicable to ethics and compliance in a global pharmaceutical organization.
Relationships
Reports to Vice President, Risk Insights & Management. Manages teams responsible for Policies & Training, Monitoring and Auditing, Technology and Data Analytics, and Investigations (four direct reports). May serve as a member of global ethics & compliance forums and committees. Partners closely with NNI and Global Ethics & Compliance. Internal stakeholders include all E&C functional areas (e.g., investigations, monitoring and auditing, business partners), Global Ethics & Compliance, Legal, Finance, People & Ops, and others.
Essential Functions
- Develop and implement a comprehensive risk assessment, management and mitigation strategy for the E&C function and oversee Policies & Training, Monitoring & Auditing, Investigations and Data Analytics teams, ensuring that allowable information is shared and aggregated across teams to derive risk insights that will inform the overall E&C program
- Collaborate with the E&C Business Partner team to coordinate and share risk assessments and insights
- Oversee strategic efforts on the E&C monitoring and auditing program to ensure risk assessment effectiveness and related monitoring and auditing activities are appropriately applied
- Ensures monitoring and auditing findings and insights are effectively reported, remediated and that trends are identified and escalated to E&C leadership timely
- Oversees the team conducting internal compliance investigations into potential compliance violations in accordance with NNI policies and requirements
- Ensure timely development and implementation of risk mitigation strategies and corrective actions based on investigation findings
- Supports the process to coordinate and generate accurate and timely reports (routine and ad hoc) on compliance program priorities, activities, outcomes, and trends, as needed, to support CECO reporting to internal and external stakeholders
- Oversees the management and enhancement of the technology and data analytics tools / systems to allow for continuous improvement of the E&C program and provide actionable data for compliance to implement and refine controls, and support the Business
- Oversee the development of E&C training curricula and training plans, ensuring a proactive, risk-based approach to E&C education and training activities
- Manages the team that develops and maintains systems for tracking and reporting compliance issues, resolutions, and trends
- Collaborate with other departments to develop and implement risk mitigation strategies
- Lead the development and implementation of technology solutions for risk assessment and management
- Foster a culture of continuous improvement and innovation within the team
- Collaborate with cross-functional teams to ensure alignment of Risk Insights and Management initiatives with overall business objectives
- Build and maintain strong relationships with E&C and company stakeholders (e.g., Business functions, Global Ethics & Compliance)
Physical Requirements
0-10% overnight travel required.
Development of People
Supervisory
Ensures that reporting personnel have individual development plans (IDP), with annual goals and measurements that are consistent with the priorities of the business, and that interim reviews are held so that their work is focused on those priorities, and they understand their level of accountability for results and the measurement process.
Ensures that the IDP forms include completed learning and aspiration plans and are in place for all reporting personnel to enable the achievement of goals and capability to assume increased levels of responsibility.
Manages the application and communication of all Novo Nordisk policies, procedures, and Novo Nordisk Way. Provide ongoing training and development opportunities for team members.
Qualifications
We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.
At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we’re life changing.
Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.
If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.
