[Hiring] Compliance Analyst @AffirmedRx, PBC
This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description The Compliance Analyst is a vital contributor to the organization’s commitment to maintaining the highest standards of regulatory compliance and ethical conduct. This role encompasses a wide range of responsibilities, including:
- Continuous monitoring and auditing of compliance programs
- Proactively identifying and addressing potential risks
- Ensuring alignment with internal policies and external regulatory requirements
- Analyzing and interpreting regulatory changes
- Providing actionable insights and developing comprehensive guidance
- Fostering a culture of compliance to safeguard the organization’s reputation and operational integrity What you will do
- Regulatory Monitoring and Analysis:
- Monitor and interpret federal, state, and local regulations affecting the PBM industry
- Analyze regulatory changes and assess their impact on the organization
- Communicate regulatory updates to relevant stakeholders and provide guidance on implementation
- Compliance Audits and Reporting:
- Conduct regular audits of compliance programs to ensure adherence to internal policies and regulatory requirements
- Prepare detailed reports on audit findings and recommend corrective actions
- Collaborate with internal departments to address compliance issues and implement corrective measures
- Policy Development and Implementation:
- Assist in the development and maintenance of compliance policies and procedures
- Ensure that policies are up-to-date and in line with current regulations
- Provide training and support to staff on compliance policies and procedures
- Risk Assessment and Management:
- Identify potential compliance risks and develop strategies to mitigate them
- Conduct risk assessments and monitor the effectiveness of compliance controls
- Work with management to implement risk management strategies and ensure ongoing compliance
- Stakeholder Communication and Collaboration:
- Maintain effective communication with regulatory agencies, external auditors, and other stakeholders
- Collaborate with legal, finance, and operational departments to ensure compliance across the organization
- Participate in cross-functional teams to address compliance-related issues and initiatives Qualifications
- Bachelor's degree in Business, Healthcare Administration, Law, or a related field
- Minimum of 3-5 years of experience in compliance, regulatory affairs, or a related field, preferably within the PBM or healthcare industry
- Experience with compliance audits, risk assessments, and regulatory analysis
- Legal background with an understanding of healthcare laws and regulations
- Experience working with legal documents and regulatory filings
- Strong understanding of federal, state, and local regulations affecting the PBM industry
- Excellent analytical and problem-solving skills
- Strong written and verbal communication skills, with the ability to effectively convey complex regulatory information to non-experts
- Detail-oriented with strong organizational and time management skills
- Ability to work independently and as part of a team
- Proficiency in bolthires Office Suite and compliance management software
- May require up to 10% travel Benefits
- To impact industry change in the pharmacy benefits management space, while delivering the highest quality patient outcomes
- To work in a culture where people thrive because when OUR team thrives, OUR business thrives
- Competitive compensation, including health, dental, vision, and other benefits Apply tot his job
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