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Associate Director of Compliance - Life Sciences

McKinsey & Company

Legal

Boston, MA, USA · Chicago, IL, USA · Dallas, TX, USA · Tappahannock, VA, USA

Posted on Dec 13, 2024

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Risk & Compliance

Associate Director of Compliance - Life Sciences

Job ID: 93884

In this role, you will develop and implement strategic and operational initiatives to monitor deliverables throughout lifecycle of projects, working closely with client service teams across Life Sciences projects.

Boston
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Are you driven by the opportunity to tackle complex challenges and work alongside top leaders? Do you want to be part of a team that delivers outcomes that others simply can’t? If so, you’ve come to the right place.

Who You'll Work With

McKinsey & Company is a premier global management consulting firm and trusted adviser on strategy, organization, operations and information technology to the world’s leading businesses, governments and institutions. Serving 90% of the 100 largest global companies, McKinsey is a global firm, with over 130 offices in 65 countries, linked by closely-knit industry and functional practices that concentrate on knowledge and expertise.

Since 2018, we have invested nearly $1 billion to upgrade our internal risk, legal, and compliance capabilities as part of our ambition to lead our industry, and we have recruited some of the world’s best talent to help. Among other enhancements, we introduced an industry-leading client service framework (CITIO), which helps us vet each new client and guides our approach to projects. Our commitment extends to our suppliers and internal systems, where we have improved cybersecurity controls, data and document retention, and process management. Annually, our colleagues participate in a rigorous Professional Standards and Risk training program.

You will be part of McKinsey’s Ethics and Compliance (E&C) function and will be based in North America. The E&C function’s mission is to manage risks to the firm, our clients, and our people, while also enabling the firm’s client impact and innovation. The E&C function is a globally integrated team within the second line of defense of the firm. McKinsey has an E&C program that is structured in a way that ensures that it is well designed, empowered to function effectively, and works in practice. Our E&C program includes a clear message that misconduct is not tolerated as well as policies, procedures, training, monitoring and consequence management to ensure the program is well-integrated into the firm’s operations and workforce. This opportunity works in Client Service Compliance, which is responsible for instilling trust that the firm serves clients and communities with integrity.

This role reports to the Director of Compliance, Lifesciences.

Your impact within our firm

In this role, you will develop and implement strategic and operational initiatives to monitor deliverables throughout lifecycle of projects, working closely with client service teams across Life Sciences projects.

You will oversee the review of project materials such as project plans, interim materials and communication, and final materials to ensure that recommendations or advice are in line with Federal laws and regulations. As part of this responsibility, you will also advise on identification and mitigation of the ethics and compliance-associated risks for delivery of projects in Life Sciences, working closely with client service teams that are engaged in day-to-day delivery.

Another key responsibility will be to lead E&C monitoring activities in Life Sciences projects, including documentation retention requirements and any remediation plans.

You will also produce quality regular reporting for internal and external audiences on ethics and compliance matters including periodic review and syndication of Life Sciences deliverables by key governing bodies.

To drive continuous improvement, you will also recommend changes in the firm policies, procedures and practices, including trainings and communications, based on insights from data and external sources.

Collaboration is a key aspect of this role. You will collaborate with a cross-functional and senior stakeholder group (e.g., Legal, Risk) across the firm in a timely and efficient manner.

Additionally, you will lead a high-impact team to deliver against priorities, supporting their growth and development needs through processes such as review, recruitment, and coaching.

Finally, you will play a critical role in sustaining and evolving our E&C program and upholding our commitment to integrity and lawful practices.

Your qualifications and skills

Bachelor's degree required, advanced degree(s) and/ or applicable professional certifications preferred
10+ years professional experience working with and leading teams to deliver data, modeling and analytics capabilities
Life Sciences and Healthcare ethics and compliance experience required; prior consulting experience, preferred
Outstanding written and oral communication skills in English, with the ability to adapt messaging for different audiences and craft cohesive storylines and communications
Ability to leverage highly credible expertise and influence others by providing a clear perspective on multifaceted issues
Effectively operationalizes complex priorities across stakeholders to drive impact; develops and communicates a compelling vision and inspires action
Builds trust-based relationships with senior leaders within and outside of the team; collaborates generously with others and is sought after as a key thought partner
Strong entrepreneurial drive and ownership mentality to progress on ambiguous problems and see them through to resolution
Exceptional organizational and project management skills, with ability to drive global projects to outcomes, including on cross-functional and complex topics
Navigates difficult situations or decisions with maturity and confidence as a values-based leader
Passion for people development and experience leading teams and cross functional teams

Please review the additional requirements regarding essential job functions of McKinsey colleagues.

Industries

Life Sciences

Capabilities

Risk & Resilience

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FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.

Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role. For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range is $213,000 - $284,000 USD —to help you understand what you can expect. This reflects our best estimate of the lowest to highest [salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance.

Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off.

FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites.

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Job Skill Group - N/A
Job Skill Code - ADC - Associate Director of Compliance
Function - Risk & Resilience
Industry - Life Sciences
Post to LinkedIn - Yes
Posted to LinkedIn Date - Sat Dec 28 00:00:00 GMT 2024
LinkedIn Posting City - Boston
LinkedIn Posting State/Province - Massachusetts
LinkedIn Posting Country - United States
LinkedIn Job Title - Associate Director of Compliance - Life Sciences
LinkedIn Function - Legal
LinkedIn Industry - Hospital & Health Care;Medical Devices;Pharmaceuticals
LinkedIn Seniority Level - Director

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