Compliance, Risk and Business Manager

Inovalon; Labadie (MO); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Inovalon seeks a Compliance, Risk and Business Manager to advance our compliance posture in a complex healthcare technology environment. You will partner with Legal, Privacy, Security, Procurement and business teams to identify risks, oversee regulatory obligations, and drive remediation initiatives.

You will develop metrics and dashboards, present insights to senior leadership, and coordinate enterprise and product-specific risk assessments across US and India teams in a hybrid workplace.

Qualifications

• 8+ years of experience in compliance, risk management, legal operations or related roles.
• Experience supporting third-party risk management and vendor governance.
• Healthcare or health data regulatory environment experience.
• Ability to translate regulatory requirements into practical risk actions.
• Experience conducting compliance risk assessments and audits.
• Experience coordinating governance initiatives within technology environments.
• Ability to influence stakeholders and present to senior management.
• Experience developing dashboards and metrics to track program performance.
• Strong analytic, interpersonal and communication skills.
• Proficiency with MS Office (Word, Excel, Visio) and data analysis.
• Detail-oriented with excellent follow-up skills.

Responsibilities

• Serve as program manager for healthcare compliance and risk initiatives across the company.
• Lead compliance and risk assessments with Legal, Security, Procurement and other teams.
• Identify, assess and address regulatory and compliance risks in operations and products.
• Coordinate enterprise and product-specific reviews to ensure regulatory alignment.
• Track remediation actions, validate completion and escalate issues.
• Support third-party risk and vendor governance activities with policies and controls.
• Develop and monitor compliance metrics, dashboards and trend analyses for leadership.
• Prepare and present risk reports with meaningful insights for senior management.
• Collaborate with Legal, Privacy, Security, Product and Operations teams.
• Work with India-based partners to support cross-time zone initiatives.

Skills

Regulatory knowledge

Stakeholder management

Risk assessment

Data analysis

Project management

Communication skills

Education

Bachelor’s Degree in Arts/Sciences (B.A./B.S.) or equivalent work experience required

Job description

Location:

This hybrid role is based at our corporate headquarters in Bowie, Maryland. The current onsite expectation is two days per week (Tuesdays and Wednesdays), with additional in-office presence as needed based on business needs.

Overview:

The Compliance, Risk and Business Manager is responsible for advancing the Company’s compliance posture and managing key legal, regulatory and risk initiatives in a complex healthcare technology and data environment. The role partners with business stakeholders to identify and address compliance and enterprise risks, fulfill customer regulatory obligations, and integrate compliance considerations into business initiatives. The position also develops and maintains compliance metrics, dashboards and trend analyses to provide management with meaningful insights into compliance program performance, emerging risks and operational effectiveness.

Duties and Responsibilities:

• Serve as a program manager for key healthcare compliance and risk management initiatives, ensuring effective coordination, monitoring and continuous improvement across the Company.
• Manage and conduct compliance and risk assessments in conjunction with Legal, Enterprise Procurement, Security, and other teams.
• Partner with business stakeholders to identify, assess and address healthcare regulatory and compliance risks associated with business operations, products and regulatory change.
• Lead and coordinate enterprise and product-specific compliance risk assessments, compliance reviews and related activities to evaluate compliance with legal, regulatory, contractual and internal requirements.
• Manage compliance remediation initiatives by tracking corrective actions, validating completion, identifying trends and escalating issues, as appropriate.
• Support compliance-related third-party risk identification, assessment, and mitigation activities by facilitating implementation of policies, processes, and controls designed to manage vendor and business partner risks.
• Develop, monitor, and continuously enhance compliance metrics, key performance indicators, dashboards and trend analyses to measure program effectiveness, identify emerging risks, and inform management decision-making.
• Prepare and present compliance and risk reports to senior management, providing meaningful analysis of key metrics, emerging healthcare regulatory/compliance risks and significant compliance initiatives.
• Ability to work effectively with Legal, Privacy, Security, Procurement, Product, Operations, Commercial, and other business teams.
• Work collaboratively with India-based partners and cross-functional teams to support compliance, risk management, reporting, and operational initiatives across time zones.
• Maintain compliance with Inovalon's policies, procedures and mission statement.
• Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon's Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position.
• Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Company.
• Uphold responsibilities relative to the separation of duties for applicable processes and procedures within your job function.
• We reserve the right to change this job description from time to time as business needs dictate and will provide notice of such.

Education:

• Bachelor’s Degree in Arts/Sciences (B.A./B.S.) or equivalent work experience required

Experience:

• 8+ Years of relevant experience in compliance, risk management, legal operations, internal audit or a related function required

Skills and Abilities:

• Experience supporting third-party risk management, vendor governance or related compliance activities.
• Experience working in a healthcare, healthcare technology, health data or similarly regulated environment and understanding the regulatory and compliance considerations that affect enterprise risk.
• Experience evaluating risks associated with healthcare technology, health data or technology-enabled services including regulatory, compliance and privacy considerations.
• Experience evaluating new products, technologies, data uses, vendors or business initiatives from both a regulatory/compliance and broader enterprise risk perspective.
• Ability to translate complex healthcare regulatory and compliance requirements into practical risk considerations for business leaders and senior management.
• Experience conducting or coordinating compliance risk assessments, compliance reviews, audits or control evaluations.
• Experience supporting product compliance, regulatory compliance, or governance initiatives within a technology environment preferred.
• Experience collaborating across global teams, including U.S. and India-based stakeholders, is preferred.
• Demonstrated ability to influence stakeholders without direct authority and build credibility with senior management and executive leadership through effective communication and presentation.
• Experience developing management reports, dashboards, metrics, and data analysis to measure program performance, monitor remediation activities, identify trends and support risk-based decision-making.
• Strong analytic, project management and interpersonal skills.
• Solid verbal and written communication skills.
• Ability to lead, set priorities and work on multiple tasks in a fast-paced, team-oriented environment.
• Strong knowledge of MS Office, including Word, Excel and Visio.
• Detail oriented with excellent follow-up skills.

Working Conditions and Physical Demands:

• This is a primarily sedentary role. The employee is regularly required to sit, talk, and hear for extended periods of time, and also required to repetitively use manual labor to operate a computer keyboard and other office equipment.
• The employee may occasionally need to stand, walk, or lift and/or move up to 10 pounds. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position is not eligible for immigration sponsorship (e.g. H-1B, TN, or E-3). Applicants must be authorized to work in the United States as a condition of employment. (This is only applicable for US-based positions)

If you don’t meet every qualification listed but are excited about our mission and the work described, we encourage you to apply. Inovalon is most interested in finding the best candidate for the job, and you may be just the right person for this or other roles.

By embracing inclusion, we enhance our work environment and drive business success. Inovalon strives to provide equal opportunities to the communities where we operate and to our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth.

Inovalon is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement.

To review the legal requirements, including all labor law posters, please visit this link

To review the California Consumer Privacy Statement: Disclosures for California Residents, please visit this link