What are the responsibilities and job description for the Sr Mgr Compliance & Risk Mgt position at WebTPA?
Job Description
Get To Know Us!
WebTPA, a GuideWell Company, is a healthcare third-party benefit administrator with over 30 years of experience building unique benefit solutions and managing customized health plans.
What is your impact?
As a Sr Mgr of Compliance & Risk Management you will assist with the oversight of compliance, risk management and audit functions within WebTPA. The role helps ensure WebTPA's compliance and risk strategies are aligned with industry standards and other company objectives. This role will be responding to and researching reported incidents, working with Legal, clients and internal staff to ensure alignment with corporate policies, contractual agreements, and new and existing regulations.
What You Will Be Doing
To support your wellbeing, comprehensive benefits are offered. As a WebTPA employee, you will have access to:
General Physical Demands
Sedentary work: Exerting up to 10 pounds of force occasionally to move objects. Jobs are sedentary if traversing activities are required only occasionally.
We are an Equal Employment Opportunity employer committed to cultivating a work experience where everyone feels like they belong and can perform at their best in pursuit of our mission. All qualified applicants will receive consideration for employment.
Get To Know Us!
WebTPA, a GuideWell Company, is a healthcare third-party benefit administrator with over 30 years of experience building unique benefit solutions and managing customized health plans.
What is your impact?
As a Sr Mgr of Compliance & Risk Management you will assist with the oversight of compliance, risk management and audit functions within WebTPA. The role helps ensure WebTPA's compliance and risk strategies are aligned with industry standards and other company objectives. This role will be responding to and researching reported incidents, working with Legal, clients and internal staff to ensure alignment with corporate policies, contractual agreements, and new and existing regulations.
What You Will Be Doing
- Third Party Risk Management Program Lead:
- Chairs the Vendor Risk Committee
- Acts as third-party risk subject matter expert in performing due diligence reviews for potential business partners to determine the adequacy of financial, operational and IT internal controls.
- Performs annual risk assessments of third parties across the following risk domains: financial, legal, information security, regulatory/contractual compliance, operational, reputational and strategic.
- Develops ongoing integration with operations management and Information Security to identify and assess third-party risks and to develop and implement solutions that meet business needs and timeframes.
- Internal Risk Management:
- Reviews and assesses internal controls to determine their effectiveness in mitigating identified risk
- Coordinates with operational departments to ensure that control objectives are being met
- Documents control deficiencies and ensures corrective actions are implemented
- Leads and participates in annual SOC audit
- Keeps abreast of internal control audit trends to ensure audit processes remain effective
- Supports the overall work of the Sr. Director of Compliance & Risk Management engaging in other compliance related activities, as required:
- Monitors, facilitates and ensures company compliance with applicable laws, regulations, and professional standards, as well as conformance to industry best practices.
- Serves as a back-up to the Sr. Director of Compliance and Risk Management on the Compliance Advisory and Security Committees
- Works with internal leaders to communicate key compliance and risk-related issues
- Assists with oversight of company Compliance Program
- 6 years related work experience with auditing and risk management related experience in the healthcare industry that includes exposure to Information Security, Technology and Operations.
- 3 years direct supervisory/management experience
- Related Bachelor's degree required Accounting, Finance, Risk Management, Accounting Information Systems, Computer Information Systems or related field
- Broad knowledge of health care industry practices and applicable regulatory requirements.
- Proven ability to maintain confidentiality regarding sensitive information.
- Broad knowledge of the Third-Party Management Life Cycle and associated functions.
- Strong business-focused decision making and problem-solving skills.
- Broad knowledge of information security concepts, practices and tools.
- Excellent interpersonal and leadership skills with a demonstrated ability to establish relationships with executives across all business units.
To support your wellbeing, comprehensive benefits are offered. As a WebTPA employee, you will have access to:
- Medical, dental, vision, life and global travel health insurance
- Life insurance, Short- and long-term disability programs
- Leave programs to support personal circumstances.
- 401(k) includes employer contribution match
- Paid time off, volunteer time off, and 11 holidays
- Additional voluntary benefits options avaliable
- Comprehensive wellness program
General Physical Demands
Sedentary work: Exerting up to 10 pounds of force occasionally to move objects. Jobs are sedentary if traversing activities are required only occasionally.
We are an Equal Employment Opportunity employer committed to cultivating a work experience where everyone feels like they belong and can perform at their best in pursuit of our mission. All qualified applicants will receive consideration for employment.
