VP - Risk Management & Compliance

Hennepin HealthcareMinneapolis, MN
Hybrid

About The Position

Reporting to the Chief Executive Officer and the HHS Board of Directors, this position develops enterprise risk management, and oversees compliance, privacy & security, regulatory reviews and analysis, patient representatives, and internal audit programs.

Requirements

  • 5+ years of experience in compliance and audit in a complex medical center or related setting (i.e. law office, public accounting)
  • An approved equivalent combination of education and experience

Nice To Haves

  • Juris Doctor Degree
  • Leadership experience in a healthcare setting highly preferred
  • CPA or CIA certification and/or Compliance Certification preferred
  • Knowledge of current health care systems and ability to align organizational goals and outcomes in accordance with them
  • Ability to drive change in alignment with the mission, vision, and values of organization
  • Ability to quickly and easily adapt to the culture and norms of an organization and be accountable for organizational information
  • Experience leading and collaborating with multiple levels of management
  • Ability to positively and accurately represent the organization and its values to the community (i.e. regulatory bodies, suppliers, government officials)
  • Has proven to have dynamic and empowering leadership skills and possesses a positive attitude that will install a vision for excellence
  • Passion for patient care and ability to use passion as a driver for positive change
  • Demonstrate ability to forecast healthcare trends and appropriately implement projections
  • Strategy minded; able to focus on the big picture

Responsibilities

  • Provide strategic direction to Hennepin Healthcare on compliance and risk management strategies and issues through development of Enterprise Risk Management, and oversight of Corporate Compliance, Privacy & Security, Regulatory Review & Analysis, Patient Representatives, and Internal Audit Programs
  • Work diligently to foster a culture and climate of integrity by promoting sensitivity to ethical and compliant decision-making and behavior
  • Effectively communicate ethics and compliance standards to HHS’s employees, contractors and vendors
  • Partner with business leaders to support all employees and board regarding compliance with laws, regulations and corporate policies through strategic development, training initiatives, communications/awareness and conformance with regulations in all matters of business
  • Serve on enterprise and operational level project teams
  • Advise the Board, Executive Leadership and employees on ethics and business conduct issues
  • Demonstrate knowledge of applicable laws and regulations including research and interpreting of emerging regulatory matters
  • Coordinate internal investigations or alleged violations of ethics and compliance standards
  • Review all internal compliance and investigation reports pertaining to HHS
  • Establish employee reporting channels and take prompt corrective actions in response to identified concerns or problems
  • Maintains Internal Audit Program, including assessing risks to determine audit planning, initiating audits, reviewing findings, and coordinating management responses
  • Operates the patient representative dept responsible for ensuring procedural compliance and handling patient complaints/reviews through resolution
  • Coordinate and support corporate monitoring and auditing procedures of business conduct practices including audit reviews and examinations
  • Work with legal counsel and outside consultants in conducting more detailed investigations when identified
  • Responsible for preparing and presenting clear and concise reporting on Enterprise Risk Management, Corporate Compliance, Privacy & Security, Regulatory Review & Analysis and Internal Audit Programs to the Audit/Compliance Committee of the Board of Directors and Executive Leadership regarding risks, requirements, ethics and compliance issues or activities
  • Participate in the fiscal year-end audit process of the financial statements of HHS and its subsidiaries conducted by external independent financial auditors
  • Oversee and ensure full second line of defense across Hennepin Healthcare System to comply with data privacy, including HIPPA and Minnesota Government Data Practices Act
  • Oversee and ensure responsiveness to regulators and legislators through the Regulatory Review and Audit compliance work to maintain compliance with state and federal regulatory requirements
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