Chief Compliance Officer
Company: Central Health
Location: Austin
Posted on: March 30, 2025
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Job Description:
OverviewThe Chief Compliance Officer (CCO) is responsible for
establishing and implementing an effective compliance program as
set out in the Office of Inspector General (OIG) Compliance Program
guidance to prevent illegal, unethical, or improper conduct. The
CCO monitors and reports results of the compliance efforts of the
organization and provides guidance for the Board of Managers and
senior management team on matters relating to reporting and
compliance. Along with the Compliance Committee, the CCO implements
all necessary actions to ensure achievement of the objectives of an
effective compliance program and reports directly to the Board of
Managers.ResponsibilitiesCompliance Program Development: Develop,
implement, and maintain an effective compliance program to prevent
illegal, unethical, or improper conduct. Regularly review and
update the compliance program to reflect changes in laws,
regulations, and company policies.Policy Management: Draft and
revise company policies and procedures to ensure compliance with
regulatory requirements. Support leaders in the enforcement of
company policies to ensure compliance. Develop and periodically
review and update the Code of Conduct to ensure continuing currency
and relevance in providing guidance to management
employees/providers. Lead the development, implementation, and
ongoing review of compliance policies, ensuring they remain current
with changing regulatory landscapes. Collaborate with internal
stakeholders to assess policy impact and effectiveness.Training and
Education: Develop and deliver ongoing compliance training programs
for employees at all levels, providers, and Board members. Ensure
that compliance training programs are engaging, relevant, and
updated in response to new regulations or internal policies.
Conduct specialized training sessions for leadership and high-risk
departments. Ensure all employees and providers are trained on the
company's compliance program and any periodic updates to laws and
regulations affecting the organization.Risk Assessment: Conduct an
annual compliance risk assessment to direct program activities for
the coming year. Periodically update the compliance risk
assessment. Identify potential areas of compliance vulnerability
and risk; develop/implement corrective action plans for resolution
of problematic issues. Provide general guidance on how to avoid or
deal with similar situations in the future.Auditing, Monitoring and
Reporting: Conduct regular audits consistent with the risk
assessment to identify potential weaknesses and non-compliance
situations. Monitor and report results of the compliance/ethics
efforts of the company and provide guidance for senior management
on matters relating to compliance. Prepare and present clear and
concise compliance reports to the senior management. Ensure proper
reporting of violations or potential violations to duly authorized
enforcement agencies as appropriate or required. Provide reports to
the Board of Managers on a regular and no less than quarterly
basis.Investigations: Oversee internal investigations of compliance
issues and coordinate responses to regulatory inquiries or
examinations. Establish and provide direction and management of the
compliance hotline. Institute and maintain an effective compliance
communication program for the company, including promoting the use
of the compliance hotline, heightened awareness of the Code of
Conduct, and understanding of new and existing compliance issues
and related policies and procedures. Consult with internal counsel
as needed to resolve difficult legal compliance issues. Respond to
alleged violations of rules, regulations, policies, procedures, and
Code of Conduct by evaluating or recommending the initiation of
investigative procedures. Develop and oversee a system for uniform
handling of such violations. Act as an independent review and
evaluation body to ensure that compliance issues and concerns
within the company are being appropriately evaluated, investigated,
and resolved. Maintain a log of reported compliance concerns along
with documentation of investigations and outcomes.Compliance
Committee: Chair the company Compliance Committee.Liaison: Act as a
liaison to the Board of Managers, the Audit Committee, and other
relevant bodies. Establish and maintain strong relationships with
regulatory agencies and other external stakeholders. Establish key
performance indicators (KPIs) and benchmarks to measure the
effectiveness of compliance initiatives. Provide leadership in
fostering a corporate culture that promotes integrity, ethical
conduct, and a commitment to compliance across all levels of the
organization. Stay abreast of emerging regulatory trends and
proactively adjust policies and procedures
accordingly.QualificationsEducation Level:
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Keywords: Central Health, Austin , Chief Compliance Officer, Executive , Austin, Texas
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