Sally, a Care Solutions Expert at Evonik

What is Regulatory Affairs about?

It includes diverse activities, like tracking/interpreting regulations, facilitating regulatory implementation, and rapidly responding to various demands and inquiries from x-functions or clients resulting from regulatory requirements.

It means Navigating Complexity

External regulations can be complex and challenging to interpret, with varying understandings among clients. Differences in clients' staffing levels and unique requirements due to specific circumstances add to this complexity. Additionally, diverse interpretations and needs across various internal departments further complicate the situation. Therefore, our teams must quickly analyze these needs and develop suitable solutions to meet customer expectations while ensuring compliance both internally and externally.

It means Continuous Learning

I encourage young professionals to stay curious and engage in continuous learning, as technology, regulations, and client needs are always evolving. Staying updated with the latest skills is essential. Cultivating patience, perseverance, and ownership is crucial. Young professionals should view compliance, client responsiveness, and business support as shared goals that require active participation and coordination. Building a strong network is also vital for support and career opportunities, aiding personal growth and success.

It means Collaboration is Key

Engaging with diverse internal and external stakeholders broadens my perspectives, enhancing critical thinking and problem-solving skills. Staying in touch with regulatory bodies and industry groups is vital for updates on regulations and policy discussions. This strategy allows us to offer dependable compliance advice, strengthen our industry reputation, and leverage our expertise to elevate industry standards.

It means Proactive Engagement

The regulatory environment is dynamic, influenced by industry needs, enforcement by regulatory authorities, and advancements in regulatory technology. It's crucial to monitor regulatory changes closely and adapt strategies swiftly to protect corporate interests while ensuring compliance. Our team enhances communication with government agencies and industry associations to obtain timely and accurate information.

It means Risk Management

Our goal is to ensure compliance for ourselves and our clients while raising industry standards. By mitigating risks, we promote sustainable development and enhance competitiveness. We help clients navigate regulatory complexities, and when our support becomes a hidden advantage for business growth, the positive impact on enterprises, clients, and the industry brings great fulfillment.

You might wonder what keeps me passionate about my job: regulatory compliance is not just a competitive advantage, it's essential for sustainable businesses!