Compliance Risk Specialist

About the role

Join Flatiron Health at our Durham office as a Compliance Risk Specialist, where you will be a key contributor to our mission of transforming cancer care through a strong culture of integrity and compliance. In this role, you will support the development and execution of risk management strategies, conduct internal audits, and help maintain our compliance programs. Your efforts will ensure that our organization adheres to regulatory standards and internal policies, fostering a safe and compliant environment that ultimately benefits patients and healthcare providers. This position offers an exciting opportunity to work within a dynamic team dedicated to improving healthcare outcomes through diligent risk oversight and compliance excellence.

Key facts

What you'll do

• Assist in conducting enterprise-wide risk assessments to identify potential compliance vulnerabilities and areas for improvement.
• Support the development, implementation, and review of the annual audit strategy, ensuring alignment with organizational goals and regulatory requirements.
• Perform detailed internal audits and reviews of various business processes, controls, and systems to evaluate their effectiveness and compliance status.
• Monitor ongoing activities and conduct periodic reviews to detect and address compliance risks proactively.
• Support the organization and delivery of corporate compliance training programs, including scheduling, tracking participation, and evaluating training effectiveness.
• Maintain comprehensive documentation related to compliance policies, procedures, and processes, ensuring they are up-to-date and accessible for audit and review purposes.
• Collaborate with internal stakeholders across departments to support compliance initiatives, providing guidance and expertise on risk mitigation strategies.
• Assist in the implementation of compliance projects, ensuring timely completion and adherence to regulatory standards.
• Provide ongoing guidance to business teams regarding compliance issues, project plans, and risk mitigation efforts, escalating concerns when necessary.
• Manage and maintain compliance management tools and platforms, such as project management systems, communication tools, and documentation repositories, to streamline operations.
• Conduct risk-based evaluations of new projects, vendors, and remediation efforts, offering actionable recommendations to minimize compliance risks.
• Support the development and maintenance of compliance playbooks, policies, and procedures to ensure consistent application of standards across the organization.
• Stay informed about relevant regulatory changes and assist in updating policies and procedures to maintain compliance with evolving standards.
• Contribute to continuous improvement initiatives by identifying gaps in current processes and recommending innovative solutions.
• Assist in preparing reports and documentation for internal and external audits, ensuring transparency and compliance.
• Participate in cross-functional meetings to communicate risk findings and collaborate on mitigation strategies.
• Support the organization's efforts to foster a culture of compliance and ethical behavior throughout the organization.
• Help facilitate communication between compliance, legal, and operational teams to ensure alignment and effective risk management.

Requirements

• Minimum of 2 years of experience managing compliance risks within a fast-paced organization, preferably in healthcare or related fields.
• At least 3 years of experience supporting a compliance risk management program, demonstrating a solid understanding of compliance frameworks and practices.
• Bachelor's degree in a relevant field such as healthcare administration, law, business, or related disciplines.
• Proven ability to manage multiple risks and projects simultaneously, maintaining attention to detail and meeting deadlines.
• Strong written and verbal communication skills, capable of conveying complex compliance issues clearly to diverse audiences.
• Excellent organizational skills, with the ability to prioritize tasks effectively in a dynamic environment.
• Demonstrated adaptability and flexibility to handle changing priorities and emerging risks.
• A genuine interest in healthcare, with a particular focus on improving cancer care and patient outcomes.
• Eagerness to leverage compliance expertise to enhance processes, controls, and organizational culture.
• Ability to work collaboratively with cross-functional teams and build strong relationships with stakeholders.
• Experience with risk assessment methodologies and internal audit procedures is preferred.
• Knowledge of regulatory standards relevant to healthcare, such as HIPAA and GDPR, is advantageous.

Nice to have

• Prior experience working in a healthcare setting, especially with familiarity of healthcare regulations like HIPAA and GDPR.
• Experience with compliance management systems such as Navex, LogicGate, or AI tools.
• Project management certifications, such as PMP, and experience in data analysis or reporting.
• Familiarity with ITAR regulations or other compliance standards relevant to healthcare or technology sectors.
• Ability to interpret and apply complex regulatory requirements to organizational processes.
• Experience supporting or leading compliance training initiatives and awareness programs.

Skills & tools

• Proficiency with compliance management tools and project management software to streamline workflows.
• Strong analytical skills for conducting risk assessments, evaluating controls, and identifying improvement opportunities.
• Excellent organizational skills to manage documentation, audits, and project timelines effectively.
• Effective communication skills to articulate risk findings and compliance issues clearly to various audiences.
• Ability to adapt quickly to new tools and evolving regulatory landscapes.

Practical notes

• This position is based at our Durham office and involves a hybrid work arrangement, combining on-site presence with remote work.
• The hybrid schedule includes three days in the office per week, with specific days determined collaboratively with your team.
• For additional details on our hybrid work approach and policies, please refer to our website.
• The role offers an opportunity to be part of a mission-driven organization committed to transforming cancer care through compliance and risk management.
• Flatiron Health values diversity and encourages applicants from all backgrounds to apply.
• We provide a collaborative environment where your expertise will directly impact the organization's success and patient outcomes.