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Associate General Counsel and Chief Compliance Officer

Associate General Counsel and Chief Compliance Officer

Vericel Corporation is seeking an experienced and well-rounded attorney to serve as its next Associate General Counsel and Chief Compliance Officer as part of the Company’s growing legal team. The position will report directly to the General Counsel & Corporate Secretary, with dotted line reporting responsibility to the Vericel Board of Directors and will serve a key, senior role in providing advice and counsel on matters that touch all corners of the organization, including corporate governance, securities matters, business development and M&A, and regulatory and market access issues.

As Chief Compliance Officer, the successful candidate will continue to implement and enhance an effective compliance program, serving as the primary individual responsible for continuing to inspire a strong compliance culture at Vericel, assuring employee understanding of their responsibilities and adherence to the Company's Code of Business Conduct and Ethics and related policies and procedures, while providing effective training across the Company. This position will chair the Company's Corporate Compliance Committee and regularly meet with members of the senior management team to evaluate the effectiveness of the Company's ethics and compliance programs and discuss specific compliance matters.

ESSENTIAL FUNCTIONS

  • The Associate General Counsel and Chief Compliance Officer will use his or her understanding of securities law and corporate governance, the biopharmaceutical industry and Vericel Corporation’s business to make meaningful contributions to strategic and operational discussions and provide sound legal advice that advances the Company’s business while protecting the company’s interests.
  • Reporting to the General Counsel & Corporate Secretary, this individual will be responsible for leading or partnering on a broad range of matters, including SEC and Nasdaq compliance, business development initiatives, external communications, intellectual property issues and corporate governance matters.
  • Act as a business partner to senior management and internal constituencies (such as Business Development, Commercial, Finance, Human Resources and Medical Affairs), providing solution-oriented legal advice, risk assessments and interpretations of sophisticated agreements.
  • Help oversee general corporate law functions, including SEC and Nasdaq reporting and compliance, corporate governance, contracting and intellectual property.
  • Partner with cross-functional teams to develop communication strategies and review communication materials, including press releases, scripts, investor relations presentations, medical meeting materials, social media postings, and website content.
  • Work with managed markets to negotiate pricing agreements and manage compliance with government price reporting requirements.
  • Oversee cross-functional efforts to develop and implement policies and procedures and train employees regarding issues related to public company status (e.g., insider trading, individual reporting requirements), contracting requirements, and other matters.
  • Work closely with the General Counsel, Human Resources, Finance and others on matters related to the Board of Directors and its committees, including drafting resolutions and minutes, and attending meetings according to business needs.
  • Partner with senior leadership to maintain and further develop throughout the organization a strong culture of ethics and compliance, including personal accountability at all levels in the organization.
  • Lead an effective Compliance Program, including implementing measures to prevent, detect and correct illegal, unethical, or improper conduct.
  • On a consistent basis, evaluate, and, as necessary, develop and update appropriate policies to ensure compliance with applicable laws, including, specifically, healthcare, patient privacy (e.g., HIPAA), data privacy, transparency, anti-corruption/anti-bribery, antitrust/competition, anti-fraud, and securities laws.
  • Oversee testing and follow-up on matters reported through the Company’s compliance hotline and oversee an effective program for routine monitoring and auditing of adherence to corporate compliance policies and procedures;
  • Identify potential areas of compliance vulnerability and risk, and opportunities for enhanced training, and develop and implement corrective action plans as necessary.
  • Investigate allegations of violations of policy or misconduct; conduct/coordinate investigations; communicate findings to the appropriate senior leadership and Board Committee, as necessary
  • Provide support on all other matters requested by the General Counsel or other members of the Legal/Compliance Department, including with respect to litigation matters, as needed.
  • Supervise external legal counsel on all of the above matters.

QUALIFICATIONS, EDUCATION AND EXPERIENCE

Leadership Qualifications:

An ongoing commitment to conducting our global business according to the highest legal and ethical standards, and to continually pursue excellence in the development and delivery of all of our products and services. This includes:

  • Respecting the laws and operating within the applicable regulations of the places in which we conduct business, as well as our own Company policies and procedures.
  • Being honest and treating people with respect and courtesy.
  • Constantly striving to make Vericel a great place to work, and a company respected for the quality of its people and products.
  • Acting as a role model for fellow employees by acting responsibly, fairly, and honestly and exercising sound judgment in performing your job.

Basic Qualifications:

  • J.D. from a law school accredited by the American Bar Association (ABA).
  • Admitted to practice law in one or more states, preferably Massachusetts.
  • 12+ years of experience within a high-growth U.S. publicly-traded biotech, pharmaceutical or technology company, or law firm equivalent.
  • Biopharmaceutical/medical device compliance experience required, ideally with experience relating to commercial operations
  • A successful track record implementing/creating a proactive ethical culture in which compliance and business objectives are mutually reinforcing; strong motivation and ability to champion a comprehensive compliance program that is integrated well with the Company's business planning, operations and culture.
  • Substantive experience in the areas of contract drafting and negotiation, public company reporting and compliance, corporate governance, employment law, litigation, and/or privacy.

Preferred Qualifications:

  • Large law firm experience.
  • Demonstrated leadership and the ability to mentor more junior attorneys.
  • Self-motivated, assertive, and self-confident with the ability to act with urgency and passion.
  • Strong technical/analytical skills, combined with a practical, business-oriented approach to identifying and solving business and legal problems.
  • Entrepreneurial, enjoys working in a fast-paced, small-company environment.
  • Proven ability to work with a high level of integrity, accuracy, and attention to detail.
  • Strong organizational skills in order to maintain a high level of productivity, innovation, and priority-setting in order to complete work on-time and on-budget.
  • Excellent oral and written communication skills for effectively interfacing with all levels of the organization.
  • Resourceful, creative, enthusiastic, and results-oriented.

 


All applicants will receive consideration for employment without regard to their race, color, religion, sex, national origin, sexual orientation, gender identity, or protected veteran status and will receive consideration for employment and will not be discriminated against on the basis of disability. Vericel Corporation is an Equal Opportunity/Affirmative Action Employer.

Vericel Corporation is VEVRAA federal contractor and desires priority referrals of protected veterans for job openings at all locations within the state.

NASDAQ: VCEL

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4:00 PM on
January 21, 2022
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