Recognized by FORTUNE magazine as one of the “World’s Most Admired Companies,” Quest Diagnostics is the world's leading provider of diagnostic testing, information and services that doctors and patients need to make better healthcare decisions. They are pioneers in developing innovative diagnostic tests and advanced healthcare information technology solutions that help improve patient care.
With corporate headquarters in Secaucus, NJ, Quest Diagnostics is a Fortune 500 company, traded on the New York Stock Exchange and included in the Dow Jones Sustainability World Index. With 2018 revenues of $7.53 Billion, and approximately 46,000 employees and 6,600 patient locations across the US, Quest Diagnostics serves half of the physicians and hospitals in the US with their large variety of products and services.
The company offers the broadest access to diagnostic testing services through its network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics also provides services to employers, life insurance companies, other commercial labs, clinics, health plans, government agencies, and organizations involved in clinical trials research.
Approximately 150 million times each year, patients and their physicians rely upon Quest Diagnostics results to make important healthcare decisions.
Quest Diagnostics Healthcare IT solutions connect over 165,000 physicians.
Approximately one third of U.S. physicians – and many of the country’s leading hospitals and health systems – relies on Quest Diagnostics healthcare information solutions to foster better patient care and improve their business performance.
Position Description:
The Corporate Compliance Director, M&A will be responsible for all front-end Compliance-related aspects of the Corporate Mergers & Acquisitions processes for due diligence through the early steps of integration. The Director will manage all due diligence reviews in partnership with the Corporate M&A Business Development team. This position will coordinate various tasks related to the maintenance and improvement in the due diligence procedures and work closely and support team members with inquiries about due diligence.
• Drive efficient and effective pre-acquisition due diligence; this includes working with other Compliance personnel, legal personnel and business leaders to manage tight schedules
• Lead interactions with cross-functional team members to execute the due diligence process, including providing advice and answers to questions
• Gather required information to effectively facilitate the due diligence review
• Review key documents and due diligence reports for prospective acquisition targets
• Identify, evaluate and report potential business risks identified during the due diligence process
• Propose risk mitigating measures for items red flagged during the due diligence process in collaboration with the Regional/Functional Compliance Directors
• Involve internal and/or external support (law firms, consultants) for further comprehensive compliance checks as required
• Advise the M&A contract management team on compliance relevant clauses
• Engage actively and effectively with senior leadership team to communicate the nature of identified Compliance issues and to assess the materiality of those issues
• Assist with pre-closing reports and prospect review
• Provide guidance and a recommended outcome based on the due diligence effort and findings
• Partner with key stakeholders to ensure post-approval remediation or monitoring steps are undertaken
• Support Regional Compliance leaders to ensure successful integration of acquired company
• Collaborate with other Compliance Team members to identify possible enhancements to the due diligence process
• Act as an active member of the Compliance department in driving the goals and objectives of the department
• Other compliance-related tasks and projects as assigned
The successful candidate for Director, M&A Compliance will have the following attributes and/or experiences:
• Bachelor’s degree in Business, Laboratory Science or related field is required; MBA, MS or JD preferred
• Minimum 7+ years compliance/legal or lab operations for healthcare organizations
• Require 5+ years developing compliance programs and policies and 2+ years serving in a compliance leadership role or in a related position
• Require 3+ years conducting pre-acquisition due diligence, preferably compliance diligence for healthcare organizations
• Occasional travel is required, estimated less than 20%, domestic and international
Key Attributes:
• Strong analytical and problem-solving skills
• Ability to think strategically and critically in developing solutions for complex challenges
• Ability to work effectively under time pressure
• Ability to interface, collaborate, and communicate effectively with internal business partners as well as external sources
• Excellent written and verbal communication skills with the ability to adapt to shifting priorities, customer concerns, and management objectives
• Strong presentation skills with the ability to communicate risks and proposed remediation to senior leadership
• Participation in and leadership of projects to drive process improvement
• Ability to manage multiple time-sensitive projects simultaneously
• Demonstrated success at project management; Quest Management System or Six Sigma certification highly desirable
• Demonstrated success in working in a fast-paced highly matrixed organization
• Ability to communicate and interact professionally with colleagues and/or customers, including senior/executive employees, for different purposes in different contexts
• Strong written communication skills, including the ability to draft clear, concise communications to senior leaders
• Strong oral communication skills, including the ability to communicate clearly and concisely with senior leaders
• Perform job duties with frequent interruptions or distractions and adjust priorities and focus quickly as circumstances dictate
• Maintain composure under pressure
• Comfort with and ability to manage conflict
• Cognitive abilities to conduct analytical assessments and make informed decisions
• Ability to adapt to change
Personal Competencies:
The successful candidate for the Director M&A Compliance will demonstrate through education and experience the following competencies:
• Business and Financial Acumen
• Strategic Agility
• Process Management
• Building Effective Teams
• Innovation
• Process Orientation
• Organizational Savvy
• Learning on the Fly
• Dealing with Ambiguity
• Drive for Results
• Problem Solving
• Functional / Technical Skills
• Action Oriented
• Customer Focus
• Decision Quality
• Interpersonal Savvy
• Composure
• Approachable
While we appreciate and value our staffing partners, we do not accept unsolicited resumes from agencies.Quest will not be responsible for paying agency fees for any individual as to whom an agency has sent an unsolicited resume.
Equal Opportunity Employer: Race/Color/Sex/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Vets