Vice President of PBM Compliance and Regulatory Operations
Vice President of PBM Compliance and Regulatory Operations
Posted 5 days ago
SENIORITY
Manager
About the role
- Stand up the compliance program and drive full implementation across the business.
- Develop company and departmental policies and procedures and convert them into actionable workflows, controls, and system requirements.
- Establish governance, reporting, and accountability mechanisms that are actively used and adhered toState PBM Regulatory Compliance
- Own and maintain a state-by-state regulatory inventory and monitoring process.
- Translate regulatory requirements into specific business rules and system configurations.
- Partner with operations and technology to implement requirements in areas such as claims adjudication, NADAC, MAC pricing, pharmacy network standards, and appeals processes.
- Validate that requirements are correctly implemented and functioning in practice.
- Design and implement system-based compliance controls and automated edits within PBM platforms.
- Work closely with technology teams to embed compliance with claims logic and operational workflows.
- Establish ongoing monitoring, including control testing, exception reporting, and data validation.
- Develop dashboards and reporting to track compliance performance and risk.
- CAA and Gag Clause Compliance (PBM scope)
- Oversee PBM responsibilities under the Consolidated Appropriations Act (CAA)
- Support and validate data for RxDC reporting.
- Ensure compliance with gag clause requirements and support related attestations.
- Build controlled, repeatable processes for cross-functional data aggregation and reporting.
- Ensure outputs are accurate, documented, and audit ready.
- Provide executive leadership for the organization’s HIPAA Privacy, Security, and Breach Notification Compliance programs, ensuring alignment with enterprise compliance and regulatory strategy.
- Oversee development and maintenance of HIPAA policies, standards, and procedures and integration into business and operational processes.
- Interpret and operationalize federal and state health privacy regulations into actionable compliance controls and requirements.
- Partner with Legal, Information Security, IT, HR, and business leaders to embed privacy compliance across the organization and third-party relationships.
- Report on privacy risk posture, key metrics, and emerging issues to executive leadership and governance bodiesHIPAA Incident Management & Corrective Action
- Developing and updating HIPAA policies and procedures within the company
- Serve as executive lead for HIPAA-related incidents, overseeing intake, investigation, risk assessment, and breach determination.
- Ensure timely, accurate, and compliant breach notifications to affected individuals, regulators, and other required stakeholders.
- Direct development and execution of corrective action and remediation plans, addressing root causes and control gaps.
- Oversee regulatory interactions related to privacy incidents, including OCR inquiries, audits, and enforcement actions, in coordination with Legal.
- Monitor and validate the effectiveness of remediation efforts and drive continuous improvement to prevent recurrence.
- Operate as a hands-on leader, directly owning key deliverables in early stages.
- Build and scale the compliance team over time.
- Serve as primary point of contact for regulators, auditors, and external counsel.
- Provide regular reporting and insight into executive leadership.
- What We Have to OfferOur benefits package is designed to keep our employees happy and healthy – physically, mentally and financially.
- Servant Culture
- Medical, Dental, Vision insurance
- Disability and Life insurance
- Employee Assistance Program
- Remote work options
- Generous Paid-Time OffAnnual Reviews and Development Plans
- Retirement Plan with company match immediately 100% vested
- Required Skills and Competencies
- Ability to review and interpret state and federal guidelines and translate them into practical, operational solutions.
- Executive-level leadership skills with experience building and leading high-performing compliance or regulatory operations teams.
- Sound judgment and decision-making in ambiguity, escalation, and regulatory risk scenarios. Strong understanding of controls, audit readiness, and documentation
- Ability to balance compliance rigor with business enablement.
- Strategic mindset with the ability to anticipate regulatory trends and proactively prepare the organization.
- Strong analytical skills to assess operational risk, data flows, and system impacts of regulatory requirements.
- Exceptional written and verbal communication skills, including the ability to explain regulatory requirements clearly to non-legal audiences.
- Willing to challenge and push teams to implement, not defer.
- Execution-oriented and comfortable working in the details
- Effective in ambiguous, fast-moving environments
- Ability to work independently and collaboratively in a team environment.
- Success Metrics (First 12 Months)
- Compliance program implemented and operating across core PBM functions
- State PBM regulatory requirements translated into system logic and operational workflows.
- Organization maintains ongoing market conduct exam readiness with complete documentation and evidence.
- System-based controls and monitoring in place with measurable performance indicatorsCAA-related PBM processes operational, repeatable, and audit-ready.
- All HIPAA incidents are identified, investigated, and resolved within required regulatory timeframes, with accurate breach determinations and compliant notifications.
- Corrective actions address root causes and control gaps, with validation showing measurable reduction in repeat incidents and improved privacy control effectiveness.
- Supervisory Responsibility
- This position supervises the Compliance Staff
Before you apply
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Your notice period
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