Director of Third Party Risk and Compliance at Public Health Solutions
New York, NY 10013, USA -
Full Time


Start Date

Immediate

Expiry Date

05 Dec, 25

Salary

115000.0

Posted On

06 Sep, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Facilitation, Presentation Skills

Industry

Financial Services

Description

Company Overview:
Health disparities among New Yorkers are large, persistent, and increasing. Public Health Solutions (PHS) exists to change that trajectory and support New Yorkers and their families in achieving optimal health and building pathways to reach their potential. As the largest public health nonprofit serving New York City, we improve health outcomes and help communities thrive by providing services directly to low-income families, supporting community-based organizations through our long-standing public-private partnerships, and bridging the gap between healthcare and community services. We focus on a wide range of public health issues including food and nutrition, health insurance, maternal and child health, sexual and reproductive health, tobacco control, and HIV/AIDS. Learn more about our work at healthsolutions.org.
Summary of Position:
Reporting to the Managing Director of Procurement and Third-Party Risk Management, the Director of Third-Party Risk and Compliance serves as the manager and technical/compliance lead for third-party risk and compliance management for current and prospective contractors, subrecipients and vendors. Manages the team’s execution of all risk and compliance activities including subrecipient/contractor determination, risk assessments and due diligence (both initial and ongoing). Ensures PHS complies with all regulations regarding third party management. Ensures effective coordination with procurement and relevant stakeholders. Provides timely reporting and general guidance to other stakeholders on compliance and risk-related matters. Directly supervises the Senior Compliance Analyst and indirectly supervises the Compliance Analysts.

Specifically the Director of Third-Party Risk and Compliance will:

  • Maintain a thorough understanding of all federal, state, city and funder-specific regulatory and compliance requirements related to third parties.
  • Maintain complete, accurate and compliant vendor and subrecipient management manuals that document PHS’ organization-wide policies and procedures.
  • Manage timely completion of all third-party due diligence and monitoring including, but not limited to, exclusion screens, financial viability assessments, insurance reviews and information security assessments.
  • Review and approving subrecipient versus contractor determinations and employee versus independent contractor determinations, when applicable.
  • Lead the Third-Party Risk & Compliance team on the reviews and assessments of risk questionnaires, financial statements, and other relevant documents during RFx administrative review process.
  • Direct the Third-Party Risk & Compliance team to ensure timely submissions of required documents to external funding database systems, e.g., NYC PASSPort, NYS VendRep, federal SAM.gov.
  • Track status of all risk and compliance issues and coordinating with stakeholders to ensure timely and effective resolution.
  • Communicate third-party risk and compliance policies and procedures to all stakeholders involved in the contracting process.
  • Ensure complete and accurate documentation of all third-party risk and compliance activities.
  • Provide training and/or assistance to internal users using the PHS contracting lifecycle management system (Agiloft), as needed.
  • Performing other duties, as assigned.

Qualification and Requirements:

  • Bachelor’s degree and or equivalent; MBA or other advanced degree preferred.
  • five (5) years of experience working in a risk or compliance function, 1 – 3 years of experience in Third-Party Risk Management preferred.
  • Ability to communicate third-party risks to stakeholders.
  • Demonstrated experience in leading, developing and inspiring a team.
  • Excellent leadership, communication, facilitation, and presentation skills.
  • Ability to quickly develop a deep knowledge of PHS organization and services.
  • Ability to work independently with little direction and/or supervision.

Benefits:

  • Hybrid Work Schedule.
  • Generous Paid Time Off and Holidays
  • An attractive and comprehensive benefits package including Medical, Dental and Vision.
  • Flexible Spending Accounts and Commuter Benefits.
  • Company Paid Life Insurance and Disability Coverage.
  • 403 (b) + employer matching and discretionary company contributions.
  • College Savings Plan.
  • Ongoing training and continuous opportunities for professional growth and development.

At PHS, we place immense value on diversity within our teams, understanding that varied backgrounds and experiences significantly enhance our community and propel us toward our goals. If you find you don’t have experience in all the areas listed above, we still encourage you to apply and share your background and experiences in your application. We are eager to discover how your unique perspective can bring positive transformations to our team and help advance our mission of creating healthier, more equitable communities. We look forward to learning more about you.
PHS is proud to be an equal opportunity employer and encourages applications from women, people of color, persons with disabilities, LGBTQIA+ individuals, and veterans.
Monday - Friday
9am - 5pm
35 hours per wee

Responsibilities

Please refer the Job description for details

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