Compliance Manager, Third Party Risk

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

Compliance Manager, Third Party Risk (Solventum)

3M Health Care is now Solventum

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.
We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You’ll Make in this Role

As a Third-Party Compliance Manager, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:
•    As a member of the Corporate Ethics and Compliance team, providing expertise and strategic advice to Solventum leaders and business functions while promoting a culture of integrity and ethical conduct. Applying industry best practices to address anti-bribery/corruption and Foreign Corrupt Practice Act risks associated with Solventum’s global third-party relationships. Establishing a wholistic understanding of Solventum’s third-party landscape and third-party lifecycle.  
•    Successfully implementing /enhancing core elements of the Solventum Ethics and Compliance program to address third-party compliance risk.  Elements include advising stakeholders, development of written guidance, risk assessment and identification, implementation of controls, and internal/external training. 
•    Maintaining and enhancing Solventum’s due diligence process and platform.  Providing guidance and directing Solventum’s due diligence process as it relates to third-party distributors, vendors and suppliers. Assisting with anti-bribery and corruption related red flag mitigations and platform or workflow training needs required by the workforce.   
•    Assisting in the design, implementation and evolution of compliance audit and monitoring activities applying to third-party anti-bribery and corruption risk. Responsible for overseeing necessary remediations applying to compliance risk

Your Skills and Expertise
To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:
•    Bachelor’s Degree or higher AND seven (7) years of working with 3rd parties and addressing risks
OR
•    High School Diploma/GED from AND eleven (11) years of working with 3rd parties and addressing risks

In addition to the above requirements, the following are also required:
•    Five (5) years of experience addressing anti-bribery and corruption risk within a healthcare company 
•    Three (3) years of experience working within the Medical Device or Pharmaceutical Industry
•    Three (3) years of prior experience training peers and or departments on process and policy

Additional qualifications that could help you succeed even further in this role include:
•    Expertise in a functional discipline sufficient to carry out project leadership and other duties and to effectively leverage a network of company resources
•    Expertise in strategic and/or operational decisions specific to compliance functions
•    Attention to detail, collaboration, organization, and strong prioritization skills

Work location: Remote
Travel: May include up to 25% domestic and/or international
Relocation Assistance: N/A

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).
Supporting Your Well-being

Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.
 

Applicable to US Applicants Only:The expected compensation range for this position is $183,301 - $224,034, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process.  Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Solventum is an equal opportunity employer.  Solventum  will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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Please access the linked document by clicking here, select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the
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