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VP, Corporate Compliance Officer

Somatus

McLean, VA, US
  • Job Type: Full-Time
  • Function: Life Sciences R&D/Engineering
  • Industry: HealthCare Services
  • Post Date: 04/03/2024
  • Website: somatus.com
  • Company Address: 1861 International Dr, McLean, Virginia 22102, US

About Somatus

Somatus partners with leading health plans, health systems, nephrology and primary care groups to provide integrated care for patients with or at risk of developing kidney disease. As the market leader in value-based kidney care, Somatus’ vertically integrated clinical services and technology delay or prevent disease progression, decrease avoidable hospital utilization, improve quality and care coordination, and increase the use of home dialysis modalities and rates of kidney transplantation.

Job Description

More Lives, Better Lived®
As the largest and leading value-based kidney care company, Somatus is empowering patients across the country living with chronic kidney disease to experience more days out of the hospital and healthier at home. 

 

It takes a village of passionate and tenacious innovators to revolutionize an industry and support individuals living with a chronic disease to fulfill our purpose of creating More Lives, Better Lived. Does this sound like you?

 

Showing Up Somatus Strong

We foster an inclusive work environment that promotes collaboration and innovation at every level. Our values bring our mission to life and serve as the DNA for every decision we make:

  • Authenticity: We believe in real dialogue. In any interaction, with patients, partners, vendors, or our teammates, we are true to who we are, say what we mean, and mean what we say.
  • Collaboration: We appreciate what every person at Somatus brings to the table and believe that together we can do and achieve more.
  • Empowerment: We make sure every voice gets heard and all ideas are considered, especially when it comes to our patients’ lives or our partners’ best interests.
  • Innovation: We relentlessly look for ways to improve upon the status quo to continuously deliver new solutions. 
  • Tenacity: We see challenges as opportunities for growth and improvement — especially when new solutions will make a difference for our patients and partners.

 

Showing Up for You

We offer more than 25 Health, Growth, and Wealth Work Perks to help teammates learn, grow, and be the best version of themselves, including:

  • Subsidized, personal healthcare coverage (medical, dental vision)
  • Flexible Paid Time Off (PTO)
  • Professional Development, CEU, and Tuition Reimbursement
  • Curated Wellness Benefits supporting teammates physical and mental well-being
  • Community engagement opportunities
  • And more!

Responsibilities

As a member of the Company’s senior management team, the VP, Corporate Compliance Officer (CCO) is a catalyst for this mission. The CCO is responsible for the ongoing development and periodic assessment of the Company’s Compliance Program (The Program). The Program must fulfill the expectations of key stakeholders, including customers, patients, regulators, accrediting bodies, and enforcement agencies. 

 

The CCO is expected to promote an appropriate “Tone at the Top” that is consistent with the Company’s culture and core values. This is a senior leadership role that requires a seasoned, sound, and risk-aware judgment, productive collaboration across the Company and greater healthcare ecosphere, and demonstrated success in leading a team of in-house compliance or legal professionals.

This position requires you to be on site at our HQ in Mclean, VA.

Essential Duties and Responsibilities

 

General Responsibilities:

The CCO establishes and implements an effective compliance program to prevent illegal, unethical or improper conduct. The Compliance Officer reports to the Chief Executive Officer (CEO) and Governing Board by monitoring and reporting results of the compliance and ethics efforts of the organization and in providing guidance for the Board and senior management team on matters relating to reporting and compliance. The Compliance Officer, together with the Compliance Committee, is authorized to implement all necessary actions to ensure achievement of the objectives of an effective compliance program.

 

Compliance-Specific Responsibilities

  • Ensure that the Board Committee, the CEO, and the executive leadership team (Executive Committee or EC) are timely informed of all significant compliance developments, including those involving internal and external allegations and reports of compliance and ethics concerns; regulatory and enforcement inquiries; and key findings of internal compliance and assessments, audits, and monitoring initiatives.
  • Work closely with the chairperson of the Board Committee to facilitate fulfillment of the Board Committee’s compliance oversight responsibilities.
  • Undertake to remain informed of the latest developments and trends in healthcare compliance and ethics, by, among other things, attending seminars, reviewing professional journals, and actively participating in professional organizations. Leverages that insight and knowledge to strengthen the effectiveness of the Compliance Program.
  • Lead the ongoing development and maintenance of the Program; responsible for ensuring that it is properly structured and has sufficient resources with the requisite expertise and experience.
  • Ensure that the Program develops and maintains the key controls, elements, and functions set forth in applicable regulatory and enforcement agency guidance, including the standards enunciated by U.S. Department of Justice (DOJ); Centers for Medicare and Medicaid Services (CMS); and applicable state Medicaid programs.
  • Quickly establishes a collaborative relationship with the Chief Legal Officer (CLO) and executive in charge of Human Resources, as well as operations and finance leadership.
  • Prepares and presents periodic reports to the Board Committee, the Chief Executive Officer (CEO), and the EC.
  • Partner with the Chief Legal Officer to lead the annual review of the Code of Conduct as warranted and develop proposed revisions. 
  • Directly, or through a designee, leads the performance of an annual assessment of compliance risks and the development and implementation of an Annual Compliance Work Plan. Reviews the Annual Work Plan with the Board Committee, the CEO, and the EC and provides those internal stakeholders with periodic updates as it is executed. 
  • Chair the Company’s Compliance Committee (CC) and is responsible for ensuring that it fulfills the mission and duties set forth in its charter.
  • Provide ongoing monitoring of the performance of the Program and periodically directs an assessment of the Program’s design, staffing, and operational effectiveness, and takes action to improve the Program’s effectiveness. Reports to the Board Committee, the CEO, and the CC, the observations, findings and actions taken as a result of the monitoring and assessment. 
  • Maintain a high degree of credibility, independence, integrity, confidentiality, and trust.
  • Develop and implements corrective action plans for resolution of issues, and to prevent future issues.
  • Consult with the CLO as needed to resolve difficult legal compliance issues.
  • Perform other duties as assigned.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Qualifications

Required Education and Experience:

  • Bachelor's degree in relevant field is required, Juris Doctor degree from an accredited law school and/or experience as a licensed clinician is strongly preferred.
  • Minimum ten to fifteen years of relevant professional experience in healthcare with at least five years of experience as a Compliance Officer at a health care organization.
  • At least 5 years of compliance, legal and/or audit leadership experience in a healthcare setting, as well as demonstrated understanding of effective Corporate Compliance programs.
  • Ability to self-motivate, to work with minimal supervision, and assume significant responsibility.
  • Healthcare compliance certification, such as Certified in Healthcare Compliance (CHC) Certificate from the Health Care Compliance Association (HCCA) along with a fundamental understanding of Medicare and Medicaid regulatory framework.
  • Robust working knowledge of managed government healthcare programs (i.e., Medicare Advantage, Managed Medicaid, etc.).
  • Experience with dialysis providers and/or kidney care programs is a plus.
  • Prior experience working with management committees, boards, and governing bodies.

Knowledge, Skills, and Abilities:

  • Strong communication skills (both written and oral) and leadership skills are essential.
  • Ability to build relationships across functions and inspire trust and confidence through effective communication and interpersonal skills.
  • Demonstrates sound business judgment and is supportive of Somatus’ mission and objectives.
  • Exhibits analytical skills and an understanding of operational processes and technology concepts.
  • Maintains strong writing skills required to write and edit policies and procedures, issue memorandums and compile program reports.
  • Exhibits good presentation skills with large and small audiences.
  • Strong Project Management skills.

Other Duties

Our priority is the health and safety of our members, colleagues, partners, and community. Proof of COVID-19 Vaccination is required for employment. If you are unable to be vaccinated for medical reasons or sincerely held religious beliefs, we will consider requests for reasonable accommodations consistent with our policy, and where we are able to provide such accommodations without undue hardship to the company pursuant to applicable law. 
 
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
 
Somatus, Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.  Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics.  Discrimination of any type will not be tolerated.

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