Vice President (VP), Regulatory Affairs Salary
The average pay for a Vice President (VP), Regulatory Affairs is $189,371 per year. Most people in this job have more than five years' experience in related jobs.
Job Description for Vice President (VP), Regulatory Affairs
For large companies which do a great deal of work in the health care field, employing a Vice President (VP) of Regulatory Affairs is very common. This is an executive at the highest level of the organization's leadership who is primarily concerned with ensuring that the company's products and services comply with all national laws and regulations which may govern them. He/she also represents the company before regulatory boards and inquiries and may work to help influence future legislation and regulations.Read More...
For a VP of Regulatory Affairs, the most important part of the job is to help ensure that what the corporation makes or sells is fully compliant with existing laws and guidelines. This typically involves indirect supervision of a regulatory team which works with product scientists and personnel to ensure that any products, like pharmaceutical drugs or medical supplies in manufacturing, adhere to the laws that may govern their production. The VP typically reviews production and quality control reports and works with managers under his supervision to ensure efficient and ongoing compliance.
The VP of Regulatory Affairs also conducts frequent reviews of new legislation to determine how it impacts the company and its processes and systems. He/she reports on these impacts to the rest of the firm's executives and board and will also oversee any necessary changes required by new rules and ensure that all processes remain in legal compliance.
Finally, the VP of Regulatory Affairs represents the company and its interests to regulatory bodies, such as the FDA in the United States. He/she will be called upon to answer inquiries and also offer input regarding the validity and necessity of potential new rules which may be under consideration by these governing bodies.
To work as a VP of Regulatory Affairs, a person typically must have at least a Bachelor's degree in a field such as Public Health or Life Sciences. Many companies will prefer applicants with Master's degrees in these or related management fields, as well. Those in this position typically work in executive office environments during regular business hours. Travel is likely to be a key requirement of the job, as well.
Vice President (VP), Regulatory Affairs Tasks
- Direct submission of information to federal bodies, including the FDA.
- Review, analyze, and bring up to compliance all behaviors and paperwork regarding new and existing products and projects.
- Represent the organization at regulatory and compliance meetings, becoming an expert in compliance matters.
- Lead regulatory aspects clinical trials, including maintaining paperwork for grants and funded projects.
- Prepare, submit, and disseminate period reports internally and to regulatory bodies.