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Product Risk Management Specialist

Philips
Full Timestaff
Chakan, Maharashtra, INPosted 24 days ago

Role Overview

Philips is hiring a staff-level Product Risk Management Specialist. This is a full-time role in Chakan. Part of Philips's Risk hiring, posted 3 weeks ago. Full responsibilities, required qualifications, and the apply link are listed in the description below.

Salary Context

Salary is not disclosed in this posting. Market median for Staff-level Risk roles is $86k-$141k (based on 14 comparable listings). Many employers share specifics during the interview process or after an initial screen.

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Job Description

Product Risk Management Specialist Job Title Product Risk Management Specialist Job Description Job title: Product Risk Management Specialist Your role: The Product Risk Management Specialist is responsible for contributing expertise in the development and deployment of the central Philips product safety risk management process, enhancing risk management practices and identifying and managing continuous improvements and innovations in risk management. The role will conduct comprehensive risk assessments, analyzing post market data and drive continuous improvement and innovation within the business unit. The role serves as a fully qualified, career-oriented, journey-level position in risk management and contributes advanced knowledge to assess, identify mitigations and ensure regulatory compliance. The role conducts thorough risk assessments and participates in teams developing mitigation strategies to ensure product safety and quality. The role works with limited oversight from senior risk managers You're the right fit if: (4 x bullets max) 1. Experience- 10+ years of experience in Risk Management, QMS, ISP 13485, prefer from Medtech indsutry 2. Skills- Ensures the adherence of Philips' central product safety risk management process to relevant regulations, standards, and organizational protocols, while utilizing tools and software for tracking and analyzing product risks to maintain compliance and effectively manage risk. Contributes to the central risk management community of practice, partners with peers in the businesses to enhance risk management methodologies and practices across the organization identified challenges with product safety risk management in product development and post-market. Specializes in ARIS design, contributes knowledge to streamline and optimize business processes within the realm of product safety risk management.

  • Conducts comprehensive risk assessments, detailed analysis, and assists in identifying effective mitigation strategies, safeguarding the patient, user and consumer safety when assigned to assist a business. Reviews and analyzes reports and presentations on product safety risk management activities, facilitates clear communication of findings and recommendations and scrutinizes comprehensive documentation and records related to product risk management. Analyzes post market data to identify emerging product safety risks and trends, contributes to the development of risk mitigation efforts for product risk management to ensure patient, user and consumer safety when working with a business. Works with limited oversight from senior risk manager and serves as a fully qualified, career-oriented, journey-level position interested in product risk management, possesses advanced knowledge necessary to contribute to risk assessment, mitigation, and regulatory compliance within the organization. Utilizes an advanced understanding of relevant global medical device and healthcare regulations, requirements and standards and executes task related to product risk management, ensuring compliance and fostering safety and quality in all aspects of the process. Performs low-complexity evaluations to identify and assess potential risks associated with products at every stage of their lifecycle, ensuring that all possible risk factors are thoroughly examined and addressed. Reviews tools and software to track, analyze, and evaluate product risks, ensuring effective monitoring and assessment of potential issues to enhance product safety and compliance. 3. Education- Bachelor's/ Master's Degree in Medical Sciences, Engineering, Life or Physical Science, Computer Science/Software development or equivalent. 4. Anything else-
  • Post-Market Surveillance Mechanisms
  • Health and Safety Monitoring
  • Quality Management Systems (QMS)
  • Quality Specifications
  • Data Analysis & Interpretation
  • Regulatory Requirements
  • Technical Documentation
  • CAPA Methodologies
  • Continuous Improvement
  • KPI Management
  • Quality Risk Management
  • Reliability Engineering
  • Product Risk Management
  • Business Acumen How we work together We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations. Indicate if this role is an office/field/onsite role. About Philips We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
  • Learn more about our business .
  • Discover our rich and exciting history .
  • Learn more about our purpose . If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here . Experience Level Senior Level

About Philips

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Philips

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Frequently Asked Questions

How do I apply for the Product Risk Management Specialist position at Philips?

Use the Apply button above to submit your application directly to Philips. Most applications take less than 5 minutes if your resume and contact details are ready, and you'll be routed to the employer's official application system to finish.

Where is the Product Risk Management Specialist position at Philips located?

This position is based in Chakan. Philips has not indicated remote or hybrid options for this role, so candidates should plan for on-site work.

What does a Product Risk Management Specialist at Philips earn?

Philips has not disclosed a salary range in this posting. Many employers share specifics later in the interview process; you can also ask during a recruiter screen if compensation transparency is important to you.

When was the Product Risk Management Specialist role at Philips posted?

This role was posted on June 2, 2026 (24 days ago). It's still listed as actively hiring; we re-confirm openings against the source system multiple times per day and remove closed roles.

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