Compliance Analyst III

Job Summary:

The Compliance Analyst III is a professional compliance role responsible for supporting the Compliance program by focusing on areas of risk assessment to effectively stratify compliance risk, detection of non-compliance through various compliance activities, and corrective action support for identified issues of non-compliance. This role is critical to assist the organization to determine adherence to internal standards and government/contractual requirements as they apply to the products, services, and/or operational areas assigned.

Essential Functions:

Provide Compliance Program support with audit and monitoring, corrective action management, data analytics and other projects to ensure proper execution of the Compliance Program workplan and priorities

Support the Compliance Program by collaborating and oversight of high risk areas to ensure that the compliance program is effective and efficient in identifying, preventing, detecting, and correcting non-compliance

Assist in execution of risk assessment, work plan, and other compliance activities

Support implementation, policy and procedure creations, training, education, and external reviews

Provide expert analysis, interpretation, training and education related to regulatory requirements as needed to ensure understanding and effective implementation of compliance requirements and provide related guidance

Provides Business Area support related to requirements as needed to ensure understanding and effective implementation of compliance requirements

Support departments with requirement implementation, including implementation of the health plans’ business and contractual requirements, reporting development, policy & procedure development/review, and readiness testing

Assist Compliance Management in development and performance of the annual compliance audit and monitoring workplans and activities using the proper Corporate Compliance tools in an effort to detect issues of non-compliance

Plan and execute audit and monitoring activities

Proactively use analytic and research skills to identify potential areas of risk to CareSource and timely make recommendations or escalate to Compliance Management for issue management, external audit enforcement trending, and related industry corrective actions

Ensure timely, complete, accurate, and concise documentation of corrective action plans, case summaries and executive summaries for all compliance matters. Documentation must include problem, history, mitigation or corrective actions, and recommendations for ongoing monitoring or process improvement

Develop and maintain corrective action plan information through conclusion

Lead research, root cause and gap analysis

Analyze deficiencies to determine root cause of non-compliance to effectively and thoroughly address the matter and fully develop appropriate corrective actions accordingly

Lead quality orientation, follow procedures, ensure high-quality output, and take action to correct deficiencies

Maintain information in compliance tools as required

Develop and maintain positive and strategic relationships with internal and external stakeholders

Support management onboarding of new team members through mentorship, shadowing, and training of all required functions and processes

Assists in review and dissemination to team of Regulatory Distribution Management items (new and changing regulations); works to understand and provide SME to team on these items and the impact to our work with high-risk business areas

Manage State/Federal Regulator inquiries

Perform any other job duties as requested

Education and Experience:

Bachelor’s degree in business or related field, or equivalent years of relevant work experience is required

Minimum of five (5) years of compliance and/or regulatory experience and experience with Government Program products is required

Previous experience in corporate compliance, delegation management, internal or external audit, or other assurance function is strongly preferred

Competencies, Knowledge and Skills:

Strong familiarity with government-funded healthcare programs, including Medicaid, Marketplace, and Medicare, and the compliance standards imposed upon First Tier, Downstream and Related (FDR) entities

Advanced ability to perform data analysis to produce meaningful insight and drive appropriate action

Familiarity with healthcare operations and/or clinical concepts, practices and procedures

Demonstrated understanding of compliance and regulatory fundamentals specifically related to managed care and government programs (CMS/HHS/DOI/Medicaid)

Knowledge of internal and external audit functions and procedures

Ability to conduct research and analysis of Federal, State, and relevant industry regulatory and enforcement

Advanced ability to directly interact with Regulators

Demonstrated expert level professional written and verbal communication skills, to include proper grammar usage, document structure, and business writing to audiences including but not limited to internal Leadership at all levels, internal and external Legal Counsel, Corporate Compliance, State and Federal Regulators

Ability to organize multiple schedules to ensure all required individuals are able to attend critical compliance meetings, audit conferences, onsite or virtual audit sessions, and/or Vendor reviews

Expert at effectively managing work, prioritizes, makes preparations, schedules effectively, leverages resources, and remains focused

Expert ability to implement and manage change

Expert ability to work independently and in a collaborative, cross-functional environment

Demonstrated success in working in a matrixed environment

Expert in maintaining positive strategic relationships

Expert level attention to detail

Expert critical thinking skills

Expert in organizational/project management skills/scheduling skills

Proven negotiation skills/experience

Time management skills including creation and maintenance of project timelines

Advanced level experience in Microsoft Word, Excel and PowerPoint

Expert reading and comprehension skills

Expert in decision making/problem solving skills

Expert experience for administrative responsibilities

Minimal supervision required

Licensure and Certification:

Certified in Healthcare Compliance (CHC) or Certified Compliance and Ethics Professional (CCEP) preferred

Current, unrestricted clinical licensure to include: Licensed Practical Nurse (LPN) in state of service, Registered Nurse (RN) in the state of service, or other clinical licensure may be desired for positions with a clinical focus

Functional business licensure/certification may be desired as they apply to organizational operations (e.g. Claims coding certification, analytics certification, etc.)

Working Conditions:

General office environment; may be required to sit or stand for extended periods of time

$83,000.00 - $132,800.00 CareSource takes into consideration a combination of a candidate’s education, training, and experience as well as the position’s scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level. In addition to base compensation, you may qualify for a bonus tied to company and individual performance. We are highly invested in every employee’s total well-being and offer a substantial and comprehensive total rewards package.

Salary

Organization Level Competencies

- Fostering a Collaborative Workplace Culture - Cultivate Partnerships - Develop Self and Others - Drive Execution - Influence Others - Pursue Personal Excellence - Understand the Business

This job description is not all inclusive. CareSource reserves the right to amend this job description at any time. CareSource is an Equal Opportunity Employer. We are dedicated to fostering an environment of belonging that welcomes and supports individuals of all backgrounds.

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