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Compliance Manager

Job Title: Compliance Manager

Unit: Legal & Risk Management

Reports To (Title): VP, General Counsel

FLSA Status: Exempt

Date: March 2025

Description

The Compliance Manager helps ensure that Portico’s management and employees are in compliance with rules and regulations, that company policies and procedures are being followed, and that behavior meets the organization’s code of conduct.

This position must understand and comply with all of Portico’s Governance, Risk, and Compliance standards (e.g. internal controls, regulatory compliance, policy compliance, and evidence retention) and promote these standards in a manner that is required of all managers. 

Key Responsibilities

The Compliance Manager implements actions necessary to ensure achievement of an effective compliance program.

  • Maintains and revises policies and procedures for the general operation of the compliance program and its related activities. Manages day-to-day operation of the program, including the updates and maintenance of the organization’s collection of risk and control matrices.
  • Collaborates with other departments to direct compliance issues to appropriate existing channels for investigation and resolution.
  • Works within the general framework of Governance, Risk, and Compliance which is Portico’s integrated approach resulting in:
    • An integrated approach to the disciplines of Risk Management, Compliance, Internal Audit, and Legal resulting in the delivery of ever-improving value to our members and sponsors.
    • Improvement of overall organizational effectiveness and capabilities.
  • Manages the collection and review of Service Organization Controls (SOC) reports from vendors and ensures a comprehensive assessment is completed to determine risks associated with the vendors and address entity user control considerations presented.
  • Other duties as assigned.

Qualifications

Must possess knowledge and experience in the following:

  • At least five years of experience in compliance along with an interest in the regulatory structure of Portico with strong desire for continuous learning.
  • Ability to work independently and in a cross-functional team setting to accomplish goals.
  • Highly organized and detailed-oriented with strong ability to develop processes and process improvements to support infrastructure.
  • Ability to track and follow up on the execution of deliverables across the organization.
  • Strong PC skills, specifically Word, Excel, and Visio
  • Ability to maintain strict confidentiality.
  • Ability to work comfortably with the details of a process or deliverables and (re)apply best practices.

Preferred Skills

  • Understanding of church plan (403(b)) rules and regulations.
  • Understanding of health plan rules and regulations.

Education:

  • BS or BA in Business Administration, Accounting, Finance, or related field.

Experience:

  • 5 – 7 years in compliance at a financial services or health benefits organization, with at least two years in a leadership role.
  • Deep understanding of Enterprise Risk Management principles.
  • Knowledge of HIPAA compliance requirements.
  • SAP or other enterprise system experience preferred.

STARTING PAY RANGE: $110,330 – $140,547

BENEFITS SUMMARY: Portico offers a comprehensive benefits package which includes premiums paid for health care coverage, 10% employer retirement contribution, and competitive time off and wellness benefits.