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[Remote] Compliance Analyst, Risk, Audit, and Monitoring

Remote · USA Full-time New today

Note: The job is a remote job and is open to candidates in USA. SmithRx is a rapidly growing, venture-backed Health-Tech company dedicated to transforming the Pharmacy Benefit Management sector. The Compliance Analyst role involves implementing a highly-effective compliance program focused on risk detection, auditing, and monitoring, while collaborating with various departments to support compliance initiatives.

Responsibilities

  • Design and/or enhance targeted and annual risk assessments
  • Develop risk methodologies, scoring, and prioritization
  • Construct specific and effective auditing and monitoring workplans based on risks identified
  • Perform timely auditing and monitoring activities
  • Analyze compliance outcomes and ensure detected issues are referred for remediation
  • Identify ways to mitigate risks to our organization
  • Coordinate external audits, as assigned
  • Create and run mock audits
  • Build and perform readiness testing exercises
  • Develop job aids, playbook, and other program documentation
  • Build and maintain positive and strategic relationships with internal and external stakeholders
  • Support our compliant and ethical culture
  • Assist in developing or updating oversight materials and reporting metrics
  • Create and distribute written compliance standards where applicable
  • Abide by organization retention standards and version controls
  • Collaborate in Compliance training and education needs
  • Investigate potential or reported issues of non-compliance
  • Perform root-cause analysis and identify prevention, detection, and correction opportunities
  • Ensure business partners complete corrective actions in a timely and effective manner
  • Monitor organizational disciplinary actions and incentives for consistency, accuracy, and timeliness
  • Collaborate with Legal and other stakeholders to interpret regulations
  • Other responsibilities as assigned Skills
  • Bachelor's degree or higher education in healthcare, compliance, or a related field, or equivalent years of relevant work experience is required
  • Minimum of four (4) years of compliance experience at a PBM or health plan, and pharmacy operations oversight or similar experience would be considered
  • Strong understanding with the seven elements of a highly effective compliance program
  • Strong working knowledge of healthcare compliance audit and monitoring activities, compliance risk assessments
  • Working knowledge of external audit functions and procedures
  • Professional verbal and written communication skills including proper grammar, construct, and appropriate to the audience
  • Advanced organizational, project, and time management skills to prioritize, prepare, and leverage resources and stay on focus
  • Ability to work independently and within a team environment
  • Ability to establish effective collaborative techniques, such as conflict resolution
  • Direct experience with pharmacy benefits, network, and claims is a bonus
  • Certified in Healthcare Compliance (CHC), Certification in Healthcare Privacy Compliance (CHPC), or Certified Compliance and Ethics Professional (CCEP) preferred
  • Current, unrestricted clinical or functional business licensure is a bonus (examples: certified pharmacy technician)
  • Strong familiarity with PBM-related healthcare operations and/or clinical concepts, practices and procedures is preferred, or similar health plan knowledge will be considered
  • Strong familiarity with ERISA, Healthcare Exchange Marketplace (Affordable Care Act), Worker's Compensation, and Medicare preferred
  • Familiarity with pharmacy operations and healthcare benefits
  • Data-driven, big-picture thinker, and solutions-oriented Benefits
  • Highly competitive wellness benefits including Medical, Pharmacy, Dental, Vision, and Life Insurance and AD&D Insurance
  • Flexible Spending Benefits
  • 401(k) Retirement Savings Program
  • Short-term and long-term disability
  • Discretionary Paid Time Off
  • Paid Company Holidays
  • Wellness Benefits
  • Commuter Benefits
  • Paid Parental Leave benefits
  • Employee Assistance Program (EAP)
  • Well-stocked kitchen in office locations
  • Professional development and training opportunities Company Overview
  • SmithRx is reinventing PBMs with modern technology, client alignment, and 100% transparency. It was founded in 2016, and is headquartered in San Francisco, California, USA, with a workforce of 501-1000 employees. Its website is Apply tot his job

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