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Compliance Manager

OODA Health

OODA Health

Legal, Sales & Business Development
United States
Posted on Wednesday, May 8, 2024

Our healthcare system is the leading cause of personal bankruptcy in the U.S. Every year, over 50 million Americans suffer adverse financial consequences as a result of seeking care, from lower credit scores to garnished wages. The challenge is only getting worse, as high deductible health plans are the fastest growing plan design in the U.S.

Cedar’s mission is to leverage data science, smart product design and personalization to make healthcare more affordable and accessible. Today, healthcare providers still engage with its consumers in a “one-size-fits-all” approach; and Cedar is excited to leverage consumer best practices to deliver a superior experience.

The Role

Cedar is seeking an experienced Compliance Manager to be responsible for running and continuously improving key elements of Cedar’s compliance program. Reporting directly to the Head of Compliance, this position will be a key contributor in the maturation and management of the compliance function at Cedar.

Responsibilities

  • Applying and interpreting audit and compliance requirements on behalf of the organization
  • Coordinating the preparation and ongoing review of policies, procedures, training materials and other communication tools to ensure the organization meets compliance requirements
  • Coordinating assigned elements of external audits (including HITRUST, SOC2 Type II, SOC 1, PCI, and more) and interacting with external auditors
  • Creating and reviewing compliance documentation
  • Reviewing and assessing specific potential compliance issues and interacting with internal and external stakeholders to resolve them
  • Contributing to risk-based compliance testing of controls to identify, correct, and detect noncompliance
  • Coordinating rollout and training of new or updated policies and directives when required
  • Support cross-functional teams to integrate compliance considerations into product development, operations, and business strategies.
  • Support compliance training and awareness initiatives for employees to promote understanding of regulatory requirements and ethical standards.

Required Skills & Experience

  • At least two years of compliance experience is required. Candidates without a bachelor’s degree should have at least four years of industry experience in a compliance role.
  • Compliance Analysts need a solid background in statistical, analytical, communication, writing, project management, and organizational skills.
  • Candidates should possess the ability to collaborate and build partnerships with colleagues throughout the organization.
  • A professional certification in the field of auditing or compliance (IAPP, HCCA, SCCE or similar) is required for all candidates without an advanced degree (JD, MBA etc.). An industry-specific certification in healthcare is preferred.

Compensation Range and Benefits

  • Salary Range*: $127,500 - $150,000
  • This role is also equity eligible
  • This role offers a competitive benefits and wellness package

*Subject to location, experience, and education

#LI-REMOTE

#LI-TN1

What do we offer to the ideal candidate?

  • A chance to improve the U.S. healthcare system at a high-growth company! Our leading healthcare financial platform is scaling rapidly, helping millions of patients per year
  • Unless stated otherwise, most roles have flexibility to work from home or in the office, depending on what works best for you
  • For exempt employees: Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of PTO per year to ensure dedicated time to spend with loved ones, explore, rest and recharge
  • 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
  • Diversity initiatives that encourage Cedarians to bring their whole selves to work, including the Cedarian Advisory Group (a cross-functional cohort focused on increasing internal inclusiveness at Cedar) and three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians)
  • Competitive pay, equity (for qualifying roles) and health benefits that start on the first of the month following your start date (or on your start date if your start date coincides with the first of the month)
  • Cedar matches 100% of your 401(k) contributions, up to 3% of your annual compensation
  • Access to hands-on mentorship, employee and management coaching, and a team discretionary budget for learning and development resources to help you grow both professionally and personally

About us

Cedar was co-founded by Florian Otto and Arel Lidow in 2016 after a negative medical billing experience inspired them to help improve our healthcare system. With a commitment to solving billing and patient experience issues, Cedar has become a leading healthcare technology company fueled by remarkable growth. Over the past several years, we’ve raised more than $350 million in funding from investors such as Andreessen Horowitz and Tiger Global, bringing Cedar’s valuation to $3.2 billion.

As of December 2023, Cedar is engaging with 25 million patients on an annualized basis, and is on target to process $2.6 billion in patient payments annually. Cedar’s ambition is to serve 50-60 million Americans by 2025, about half of the U.S. population that makes medical payments annually. Cedar partners with more than 55 leading healthcare providers and payers including Highmark Inc., Allegheny Health Network, Novant Health, Allina Health and Providence.