Compliance Data Analyst

Arthrex•Pelican Bay, FL

2d•Onsite

About The Position

Arthrex is a global medical device company and leader in orthopedics medical education. With a corporate mission of Helping Surgeons Treat Their Patients Better™, Arthrex has pioneered the field of arthroscopy and develops more than 1,000 innovative products and procedures each year that support all aspects of orthopedics. Arthrex is actively searching for a Compliance Data Analyst to join the Risk and Compliance team based in Naples, FL. The Compliance Data Analyst supports Arthrex’s Global Risk Management & Compliance (“RM&C”)’s implementation of the company’s corporate compliance program by supporting the Compliance Monitoring and Analytics program within the Global Compliance Assurance (“GCA”) team. This role is responsible for supporting the GCA’s effort to test the effectiveness of the corporate compliance program through the performance of complex analyses, designing analytical tools, and providing actionable insights through analysis of compliance relevant data. The individual will report to the Compliance Monitoring and Analytics Lead, based in Naples, Florida.

Requirements

Bachelor’s degree in Mathematics, Data Science and/or Analytics, Business Analytics, Information Systems, Accounting, Finance, or a related field is required.
Professional written, verbal, analytical, organizational, problem solving and presentational skills.
Ability to understand and develop business process and controls.
Comfortable working in situations with no clear answer.
Ability to prioritize projects and responsibilities.
Self-starter and willingness to contribute where there is a need within the team.
Ability to adapt in a dynamic and high-growth environment.
Knowledge of laws, regulations, and industry guidance applicable to a global healthcare company.

Nice To Haves

Prior experience in data analysis, compliance monitoring, compliance auditing or other relevant professional experience is preferred.
Experience in medical device, pharmaceutical or life sciences industry is preferred
Experience with common Business Intelligence and Analytics tools (e.g., Excel, Microsoft Power BI, Tableau) is preferred.
Experience with programming and query languages (e.g., Python, SQL) is preferred
Advanced degree in a related field preferred.

Responsibilities

Supports the design and development of data-driven compliance monitoring activities designed to identify potential risk areas consistent with DOJ and OIG compliance program guidance
Analyzes structured and unstructured datasets to identify trends, anomalies, and potential outliers
Uses advanced statistical techniques mathematical analyses to solve complex business problems
Leverages machine learning and AI to perform complex analytical tasks
Generates routine compliance analytics reports, dashboards, and data extracts as needed by Compliance team members
Helps validate data accuracy and completeness by performing data quality checks and documenting known limitations or assumptions
Supports ad hoc data requests related to internal reviews, investigations, audits, or regulatory inquiries under the guidance of senior team members
Tracks auditing and monitoring outcomes and assist in maintaining audit trails showing how potential issues were identified, reviewed, and resolved or escalated
Collaborates with internal and external business partners to understand data sources and business processes relevant to compliance risk
Assists in developing and updating monitoring logic and reports based on enforcement trends, internal findings, or compliance leadership direction
Prepares clear, factual summaries of analytical findings to support compliance review discussions and management reporting under the guidance of senior team members
Participates in maintaining standard operating procedures and documentation for compliance analytics processes
Stays informed on DOJ and OIG enforcement actions, guidance, and internal policies to better understand compliance risk indicators and monitoring objectives
Solicits feedback from stakeholders to continuously evaluate and improve the quality of reports and dashboards.
Assists in the administration of audit tools for workpaper documentation and issues tracking.
Supports the Global Compliance Audit team with supplemental data and analytical tools to facilitate effective risk-based audit approach.
Delivers training to Risk Management & Compliance team members and other stakeholders on effectively using analytic tools and solutions.
Supports the development and implementation of various RM&C department initiatives aimed at enhancing the effectiveness of the company’s global compliance program.
Supports the development and implementation of RM&C department initiatives aimed at enhancing the effectiveness of the company’s global compliance program.
Stays informed on DOJ and OIG enforcement actions, guidance, and internal policies to better understand compliance risk indicators and monitoring objectives
Up to 10% travel may be required.