Associate Director, Corporate Compliance

About the role

The Associate Director of Corporate Compliance at Oscar Health plays a role in ensuring that the organization adheres to all regulatory requirements and internal policies. This position is essential for maintaining the integrity of the company's operations and fostering a culture of compliance throughout the organization. The successful candidate will lead compliance initiatives, oversee audits, and collaborate with various departments to mitigate risks and enhance operational effectiveness.

Key facts

What you'll do

• Lead the development and implementation of corporate compliance programs that align with Oscar Health's strategic objectives and regulatory requirements.
• Conduct regular compliance audits and assessments to identify potential risks and areas for improvement within the organization.
• Collaborate with cross-functional teams to ensure compliance with federal and state regulations, including but not limited to HIPAA, ACA, and other healthcare-related laws.
• Provide guidance and training to employees on compliance policies and procedures, fostering a culture of accountability and ethical behavior.
• Monitor changes in legislation and industry standards to ensure that Oscar Health remains compliant with all applicable laws and regulations.
• Prepare and present compliance reports to senior management and the board of directors, highlighting key findings and recommendations for improvement.
• Develop and maintain strong relationships with regulatory agencies, ensuring open lines of communication and prompt resolution of compliance issues.
• Manage the compliance team, providing mentorship and support to ensure high performance and professional development.
• Oversee the investigation of compliance-related incidents, ensuring that appropriate corrective actions are taken and documented.
• Act as a liaison between the compliance department and other business units to facilitate the integration of compliance into daily operations.
• Lead initiatives to enhance the effectiveness of compliance monitoring and reporting systems.
• Participate in industry forums and conferences to stay abreast of best practices and emerging trends in corporate compliance.

Requirements

• Bachelor's degree in a relevant field; a Master's degree or Juris Doctor (JD) is preferred.
• A minimum of 7 years of experience in compliance, risk management, or regulatory affairs, preferably within the healthcare sector.
• Proven track record of successfully managing compliance programs and leading teams.
• In-depth knowledge of healthcare regulations, including HIPAA, ACA, and other relevant laws.
• Strong analytical skills with the ability to assess complex regulatory requirements and translate them into actionable compliance strategies.
• Excellent communication and interpersonal skills, with the ability to influence and engage stakeholders at all levels of the organization.
• Experience in conducting audits and compliance assessments, with a focus on continuous improvement.
• Strong organizational skills and the ability to manage multiple projects simultaneously while meeting deadlines.
• Proficiency in compliance management software and tools.

Nice to have

• Certification in compliance (e.g., CHC, CCEP) is a plus.
• Experience with data privacy regulations and cybersecurity compliance.
• Familiarity with risk management frameworks and methodologies.
• Previous experience in a leadership role within a healthcare organization.
• Knowledge of health insurance operations and processes.

Skills & tools

The ideal candidate will possess strong leadership abilities, exceptional problem-solving skills, and a comprehensive understanding of compliance frameworks. Familiarity with compliance software tools and data analytics platforms is essential for monitoring compliance metrics and reporting. Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word) is also required for effective communication and presentation of compliance findings.

Practical notes

This position is based in Dallas, Texas, and may require occasional travel for audits, training, and industry conferences. The salary for this role is competitive and commensurate with experience, with additional benefits that may include health insurance, retirement plans, and professional development opportunities. Visa sponsorship may be available for qualified candidates.

If you are about compliance and eager to make a significant impact in the healthcare industry, we encourage you to apply for the Associate Director, Corporate Compliance position at Oscar Health. Join us in our mission to transform healthcare and improve the lives of our members.