Parexel Biological Sciences Study Grant Analyst Job Opening – Apply Online

Parexel Biological Sciences Study Grant Analyst Job Opening – Apply Online

Parexel Biological Sciences Study Grant Analyst Job Opening – Apply Online. Parexel Biological Sciences Vacancies. Interested and eligible applicants can check out all of the details on the same below

Job role: Senior Study Grant Analyst

Job ID: R0000008481

Location: India, Remote

Category: Administrative

About this role:

The Senior Study Grant Analyst position in the Grants Strategy Team (GST) within Launch Excellence department is a highly varied and challenging role, suitable for an individual with both in-depth business operational process experience, global understanding of healthcare compliance, expertise in the development of Clinical Site budget and grants and aptitude for technology optimization and implementation.

The role is accountable for Grants estimates delivery of their respective portfolio of client partners and ensuring alignment to delivery of commitments, within the agreed expectations, including alignment to operational processes. Leverage actual PXL portfolio data for a more comprehensive view of FMV to improve client risk reviews and approval processes.

The role is an experienced leader responsible for liaising with senior levels of management and the ability to work with leaders within other core delivery functions. The role provides the overall strategy and leadership for

Study Grants of large, complex clinical trials or clinical trial programs.

The role monitors and evaluate the industry, changes in policy, and technologies that impact Grants Strategy to ensure the highest standard of delivery to the client.The role will own project(s) or program(s) reporting within a portfolio, to assess trends, ensure mitigations are effective and to develop Grants Strategy delivery KPIs for overall client satisfaction.

Key Accountabilities:

Build Grant Estimate

• Grants estimates delivery of respective portfolio of client partners and ensuring alignment to delivery of commitments, within the agreed expectations, including alignment to operational processes.
• Augmented clinical expertise to define & validate specifications and expectations regarding Grants build and scenario planning.
• Leverage actual PXL portfolio data for a more comprehensive view of FMV to improve client risk reviews and approval processes
• Expand “Analyze & Consult” contribution to leverage actual PXL portfolio data & GrantPlan / Grant Manager reports for a more comprehensive view of FMV to improve client risk reviews
• Create consultative capacity for stakeholder engagement and enhanced analytics
  Robust scenario development, improved output quality, and de-risked delivery
• Define business processes for consistent, predictive service offering
• Subject Matter Expert oversight on the creation, revision, escalation, and approval process of Clinical Study grants for pre award & awarded Projects.
• Participation in strategy sessions and budget reviews when requested to develop win themes, identify, and assess competitor’s benchmarks and discuss client needs.
• Ensure that all Clinical Study grant information is performed in full compliance with Fair Market Value (FMV) principles and the Physician Payments Sunshine Act.
• Expertise with healthcare compliance and other relevant guidance (HIPAA, FCPA, Safe Harbor, etc.)
• Display good knowledge sharing capabilities, share lessons learnt and new scenarios with the team.
• Deliver and maintain client-focused Grants analysis to measure performance and proactively identify issues for resolution
• Support & build departmental or functional training plans, content & delivery
• Study Grant Tool Vendor Management – Contact, expectation management, KPI’s, Governance Meeting agenda and conduct, reduced downtimes and ensuring business continuity.

General Administration & Operations

• Maintain a working knowledge of, and assure compliance with, applicable ICH Guidelines, Good Clinical Practices, Regulatory Agency requirements, and Parexel SOPs
• Participate in, Parexel and department system/standards improvement activities or committees, task force groups as needed, including change management.
• Ensure agreed levels of productivity/billability are maintained
• Complete routine administrative tasks in a timely manner (e.g. timesheets, training, travel expense claims). Ensure compliance with travel and billability guidelines for department, region, or function, are met where appropriate.
• Travel as needed.
• Maintain a positive, results orientated work environment, building partnerships, and modeling teamwork, communicating to the team in an open, balanced and objective manner
• Ensure implementation of process improvements in response to client and team feedback and quality audits
• Look within and beyond CRS to encourage teamwork, quality and productivity efforts to the benefit of CRS and Parexel

Skills:

• Strategic Thinking skills that support the ability to create a sense of urgency and take a proactive, solutions-based approach
• Excellent analytical and problem-solving skills, to define and resolve issues in a variety of complex situations
• Leverage communication across boundaries and uses multiple communication mechanisms to convey information across functional lines and upward withinParexel.
• Client focused and demonstrates an ability to create and maintain trust with the client through project and personal interactions; act as a trusted advisor and become involved in the client’s decision-making process.
• Ability to resolve issues independently and knows when to call on senior management for involvement in communicating to external & internal customers after assessing the organizational implications of the interaction and consultation with Senior Management.
• Familiarity with standard business and eClinical systems used in Clinical Research
• Proficient in Microsoft Excel, Power Point, and Word software
• Ability to become proficient with Parexel systems
• Advanced ability to successfully manage a full workload across multiple and varied projects/tasks with enthusiasm and prioritize workload with attention to detail
• Outstanding negotiation, influencing and organizational skills
• Demonstrable experience of stakeholder/relationship management with a client focused approach to work.
• Able to understand the business implications of decisions and impact on customer
• An ability to assess situations and make and carry through difficult decision
• Ability to successfully work in a (‘virtual’) team environment

Knowledge and Experience:

• 3 – 4 years’ work experience in Study Grants, ICD coding, clinical site budget development, (use of GrantPlan or Grant Manager) in a similar role within the managed care, pharmaceutical or bio-technology industries.
• Experience in the use of industry benchmarking databases and other tools utilized to ensure fair market value in the development of investigator grants

Education:

Educated to Postgraduate / degree level (biological science, pharmacy, or other health-related discipline preferred) or equivalent nursing qualification or relevant clinical other equivalent experience

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Possible interview questions with answers for the job role of Senior Study Grant Analyst :

1.Can you describe your experience in developing Clinical Study grants and ensuring compliance with Fair Market Value (FMV) principles and relevant healthcare compliance regulations? Answer: In my previous role as a Study Grant Analyst, I was responsible for developing Clinical Study grants for both pre-award and awarded projects, ensuring they were in full compliance with Fair Market Value principles and the Physician Payments Sunshine Act. I possess a thorough understanding of relevant healthcare compliance regulations, such as HIPAA, FCPA, and Safe Harbor. I have successfully managed the creation, revision, escalation, and approval processes of grants, always maintaining the highest standard of compliance while adhering to industry guidelines and best practices.

2.How do you approach building a comprehensive view of FMV (Fair Market Value) to improve client risk reviews and approval processes? Can you share a specific scenario where your expertise in this area had a significant impact? Answer: Building a comprehensive view of FMV involves leveraging actual PXL portfolio data, along with analyzing and consulting on GrantPlan and Grant Manager reports. By combining these sources, I can provide more accurate FMV assessments, which enhances client risk reviews and approval processes. For instance, in a recent project, I utilized this approach to identify discrepancies in proposed grant amounts and actual FMV for specific investigator sites. By providing this data-driven insight to the client, we were able to refine their budget and ensure compliance, which resulted in smoother grant approval and reduced potential risks.

3.As a Senior Study Grant Analyst, part of your role involves working with various stakeholders. Can you share an example of how you effectively engaged with senior management and leaders from other core delivery functions to achieve project objectives? Answer: In a large, complex clinical trial project, I was tasked with aligning the Grants Strategy with other core delivery functions. To ensure effective collaboration, I initiated regular strategy sessions with senior management and key leaders from different departments. During these sessions, we discussed win themes, assessed competitor benchmarks, and addressed client needs comprehensively. By fostering open communication and seeking input from all stakeholders, we were able to identify potential challenges early on, proactively implement necessary adjustments, and successfully deliver the project within the agreed-upon commitments.

4.How do you stay updated on industry changes, policy updates, and technological advancements that impact Grants Strategy? Can you share an example of how your knowledge in this area has helped optimize the delivery of Study Grants? Answer: Staying updated on industry changes, policy updates, and technological advancements is essential to excel in this role. I regularly attend industry conferences, participate in webinars, and engage in discussions with industry peers to stay abreast of the latest developments. Additionally, I maintain subscriptions to reputable publications and newsletters focused on clinical research and healthcare compliance.An example of how my knowledge in this area has made a difference is when I identified a new regulation related to clinical site budgeting and FMV determination. By promptly incorporating this change into our Grants Strategy, we ensured compliance with the updated guidelines and avoided potential issues during client audits. This proactive approach not only mitigated risks but also improved overall client satisfaction, highlighting the importance of staying informed in the ever-evolving healthcare landscape.

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