Compliance and Contract Manager

14 hours ago


Reston, Virginia, United States Induce Biologics USA Inc. Full time
Job Title: Compliance and Contract Manager

Induce Biologics USA Inc. is a dynamic and innovative company commercializing a family of bioimplants that includes Natural Matrix Protein (NMPTM). We are seeking a highly skilled Compliance and Contract Manager to join our team.

The successful candidate will be responsible for managing contract negotiations with hospitals, IDNs, and GPOs, ensuring compliance with applicable healthcare regulatory requirements, and mitigating legal risks. This role is critical in supporting the company's business operations while maintaining adherence to industry standards and regulations.

Key Responsibilities:
  • Develop and implement internal controls and policies to ensure compliance with applicable contract and regulatory reporting requirements.
  • Manage compliance training programs to educate all Induce employees to ensure a comprehensive understanding.
  • Collaborate closely with colleagues in Legal, IT, HR, Finance, Quality and Regulatory, and other core functions to direct compliance issues through the appropriate channels for investigation and resolution, reporting, and remediation.
  • Serve as HIPAA and US Privacy Officer for the Company.
Requirements:
  • Bachelor's degree in Business Administration, Legal Studies, or relevant field.
  • Experience in contract management, preferably in a similar industry or organization.
  • 5 + years of experience in biotech/pharma drafting and negotiating a wide variety of contracts.
  • Must have experience with the healthcare contracting landscape, including knowledge of Group Purchasing Organizations (GPOs), Integrated Delivery Networks (IDNs), or experience within the medical device industry.
Preferred Skills:
  • Thorough understanding of contract law, including formation, interpretation, and execution.
  • Full knowledge of medical terminology and healthcare regulations (e.g. HIPAA and Sunshine Act).
  • Strong negotiation skills with a focus on achieving favorable terms while nurturing positive relationships and achieving win-win outcomes.
  • Strong knowledge of contract law and legal principles.
  • Evidence of strong strategic thinking, analytical, planning, and organizational skills.
  • Strong communication skills, both written and verbal, with the ability to effectively communicate complex information to stakeholders at all levels.


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