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SmithRx is hiring a Compliance Analyst, Risk, Audit, and Monitoring

About the Role

SmithRx is hiring a Compliance Analyst, Risk, Audit, and Monitoring to assist in implementing a highly-effective compliance program. You will focus on risk detection, auditing, monitoring, and the development of these elements in our dynamic Pharmacy Benefit Manager (PBM) environment.

What You'll Do

  • 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 identified risks
  • 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, playbooks, 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

What We're Looking For

  • Bachelor’s degree or higher education in healthcare, compliance, or a related field, or equivalent years of relevant work experience
  • Minimum of four (4) years of compliance experience at a PBM or health plan, and pharmacy operations oversight or similar experience

Nice to Have

  • Direct experience with pharmacy benefits, network, and claims
  • Certified in Healthcare Compliance (CHC), Certification in Healthcare Privacy Compliance (CHPC), or Certified Compliance and Ethics Professional (CCEP)
  • Current, unrestricted clinical or functional business licensure (examples: certified pharmacy technician)
  • Strong familiarity with PBM-related healthcare operations and/or clinical concepts, practices and procedures, or similar health plan knowledge
  • Strong familiarity with ERISA, Healthcare Exchange Marketplace (Affordable Care Act), Worker’s Compensation, and Medicare

Team & Environment

This role reports to the Compliance Director and is part of a team driving the integrity and effectiveness of our compliance program.

Benefits & Compensation

  • 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

Work Mode

This is a remote position. The company is based in San Francisco, California.

SmithRx is an equal opportunity employer.

Required Skills
ComplianceRisk ManagementAuditMonitoringRegulatory FrameworksAnalytical SkillsCommunicationReportingPolicy DevelopmentInternal Controls
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About company
SmithRx

SmithRx is a rapidly growing, venture-backed Health-Tech company. Our mission is to disrupt the expensive and inefficient Pharmacy Benefit Management (PBM) sector by building a next-generation drug acquisition platform driven by cutting edge technology, innovative cost saving tools, and best-in-class customer service.

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Job Details
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Posted a month ago