Analyst - Compliance

An Analyst - Compliance at OPEN Health plays a vital role in confirming audit processes for client programs, ensuring that all expenses are accurately documented and compliant. This position involves performing regular audits, creating aggregate spending reports, conducting HCP vetting, and supporting internal and external stakeholders to ensure overall compliance with healthcare regulations.

The Analyst - Compliance position at OPEN Health requires, at a minimum, an associate’s degree, though a bachelor’s degree is preferred. Candidates should also have 1-2 years of related experience in healthcare compliance or data entry in applications like Veeva or Cvent, alongside excellent organizational and analytical skills.

In the Analyst - Compliance role at OPEN Health, strong analytical skills are crucial for accurately auditing financial documents. Additionally, superior communication and organizational skills will help in effectively collaborating with various stakeholders and managing multiple deadlines in a fast-paced environment.

A typical day for an Analyst - Compliance at OPEN Health involves performing audits of client spending, validating financial records, preparing summary reports, and regularly communicating with teams to address compliance issues. You’ll also engage in process improvement initiatives and assist with ad hoc projects, all while fostering a collaborative team environment.

Yes, the Analyst - Compliance position at OPEN Health does require up to 5% travel, which may involve attending events or meetings to ensure compliance procedures are followed and to conduct any necessary onsite audits or assessments.

OPEN Health is dedicated to the growth of its employees, offering ongoing training and development opportunities tailored to your individual career path. This includes access to workshops, online courses, and professional development resources to help enhance your skills and advance your career in compliance.

Analysts - Compliance at OPEN Health benefit from a diverse and inclusive culture that encourages collaboration and personal expression. The company promotes team spirit and supports work-life balance, ensuring that employees feel valued and can bring their whole selves to work.

When answering this question, provide specific examples of your previous auditing responsibilities and the compliance frameworks you’ve worked within. Highlight your experience in conducting audits, detailing the processes used to ensure compliance, and reiterate your attention to detail.

Discuss your strategy for managing time effectively, such as using task management tools or creating prioritized to-do lists. Emphasize your ability to remain organized and meet deadlines while maintaining a high level of accuracy and thoroughness in your audits.

Explain your method for ensuring accuracy in financial reporting, which may include cross-checking source documents against recorded entries in systems. Share any experience you have with software or tools that aid in tracking and reporting financial data accurately.

For this question, detail your problem-solving skills by describing a specific example where you identified a discrepancy. Discuss the steps you took to investigate the issue, collaborate with relevant teams, and implement corrective measures.

In your answer, describe the importance of maintaining documentation and how you implement systematic processes for record-keeping. Include any tools or software you utilize to ensure all Changes and communications are documented properly.

Share an instance where you identified a process that needed improvement. Describe the steps you took to analyze the current workflow, develop recommendations for efficiency, and the impact those improvements had on the overall compliance process.

Discuss your familiarity with regulatory standards in the healthcare industry and how you stay updated on changes. Highlight any training, workshops, or resources you utilize to ensure that your work remains compliant with current regulations.

Talk about your experience with relevant software such as Veeva or Cvent, explaining how you use these tools in conducting audits or managing compliance data. If applicable, mention any projects where you successfully implemented or used these tools to enhance auditing efforts.

Emphasize your communication skills by sharing strategies you utilize to keep stakeholders informed and involved. This could include regular updates, utilizing collaboration tools, or being proactive in addressing compliance concerns to foster a strong working relationship.

When answering this question, be honest about the challenges but focus on how you overcome them. Whether it's keeping up with regulatory changes or managing multiple audits, discuss your approach to tackling such challenges while maintaining compliance integrity.