Skills & Competencies for Product Regulatory Analyst III

Product Regulatory Analyst III job profile

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JOB SUMMARY for Product Regulatory Analyst III

Ensures that existing and new products comply with internal and external regulations and standards.

JOB RESPONSIBILITIES for Product Regulatory Analyst III

Analyzes regulatory requirements and audits project designs, plans, and processes to monitor compliance with current or upcoming regulations. Prepares required filings for approvals, notifications, and testing data reporting and ensures quality and correctness of filings in content, format, and timing requirements. Collaborates with product teams to coordinate regulatory changes and support compliance actions. Researches industry trends and recommends improvements for testing processes, labeling standards, and technical literature for legal or marketing.

Product Regulatory Analyst III SALARY RANGE

BASE 50%
$105,053
TOTAL 50%
$111,553
Job Level
P03
Job Code
LE11000105
Education/Degree
Bachelor's Degree
Reports To
Manager

Product Regulatory Analyst III Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Product Regulatory Analyst III skill and competencie below to view definitions.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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3 general skills or competencies (Job family competencies) for Product Regulatory Analyst III

1 Job Family Competencies – Records Management
Proficiency Level -2
Skill definition-Managing and preserving records to help an organization keep the documentation accessible for both business operations and compliance audits.
Level 1 Behaviors
(General Familiarity)
Lists security incident data into a record management system to ensure integrity.
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Level 2 Behaviors
(Light Experience)
Tracks inquiries using record management database-related problem documentation.
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Level 3 Behaviors
(Moderate Experience)
Utilizes document and data management systems to monitor and record all aspects of client casework.
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Level 4 Behaviors
(Extensive Experience)
Oversees the management of records to ensure confidentiality and security.
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Level 5 Behaviors
(Mastery)
Establishes procedures to facilitate a sustainable record management process.
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2 Job Family Competencies – Compliance Monitoring
Proficiency Level -3
Skill definition-Ensuring that the staff is following all policies and procedures in our business.
Level 1 Behaviors
(General Familiarity)
Lists the basic functions and features of the compliance monitoring system.
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Level 2 Behaviors
(Light Experience)
Supports the auditing and monitoring of business activities to ensure compliance with regulations.
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Level 3 Behaviors
(Moderate Experience)
Utilizes advanced tools to monitor potential compliance risks and adherence to the company policy.
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Level 4 Behaviors
(Extensive Experience)
Recommends improvement opportunities for compliance monitoring to achieve the objectives.
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Level 5 Behaviors
(Mastery)
Promotes the use of a compliance monitoring system to maintain adherence to rules and regulations.
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3 Product Regulatory Analyst III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Product Regulatory Analyst III
Proficiency Level - 4
5 Competency for - Product Regulatory Analyst III
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Product Regulatory Analyst III

1 Core Competencies – Industry Knowledge
Proficiency Level -2
Skill definition-Demonstrating thorough knowledge of the industry's value chain, business, issues, trends, etc., and the ability to apply them appropriately.
Level 1 Behaviors
(General Familiarity)
Names the primary regulatory agencies of the industry.
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Level 2 Behaviors
(Light Experience)
Incorporates industry knowledge and product expertise to conduct one's work.
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Level 3 Behaviors
(Moderate Experience)
Updates our organizational knowledge database to reflect the latest industry developments.
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Level 4 Behaviors
(Extensive Experience)
Serves as an industry expert with deep domain knowledge to solve critical operational issues.
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Level 5 Behaviors
(Mastery)
Predicts the evolution of industry regulations and potential implications to our business.
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2 Core Competencies – Products And Services
Proficiency Level -2
Skill definition-Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
Level 1 Behaviors
(General Familiarity)
Illustrates how customers use our business's products and services.
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Level 2 Behaviors
(Light Experience)
Uses precise and appropriate terminology to explain the characteristics of the P/S.
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Level 3 Behaviors
(Moderate Experience)
Obtains information regarding the commonalities of diverse products and services within our business.
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Level 4 Behaviors
(Extensive Experience)
Proposes solutions to colleagues regarding implementation and operation-related considerations.
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Level 5 Behaviors
(Mastery)
Provides a full range of consulting for the product and service production team.
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3 Product Regulatory Analyst III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Product Regulatory Analyst III
Proficiency Level - 4
5 Competency for - Product Regulatory Analyst III
Proficiency Level - 5

Summary of Product Regulatory Analyst III skills and competencies

There are 0 hard skills for Product Regulatory Analyst III.
3 general skills for Product Regulatory Analyst III, Records Management, Compliance Monitoring, Legal Analysis.
8 soft skills for Product Regulatory Analyst III, Industry Knowledge, Products And Services, Attention to Detail, etc.
While the list totals 11 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Product Regulatory Analyst III, he or she needs to be proficient in Industry Knowledge, be proficient in Products And Services, and be skilled in Attention to Detail.

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