Chief Compliance Officer

Duties/Services

The compliance officer provides direction and oversight of the compliance program. The compliance officer is responsible for identifying and assessing areas of compliance risk; communicating the importance of the compliance program to the executive management and the board of directors; preparing and distributing the written code of conduct setting forth the ethical principles and policies which are the basis of the compliance program; developing and implementing education programs addressing compliance and the code of conduct; implementing a retaliation-free internal reporting process, including an anonymous telephone reporting system; and collaborating with executive management to effectively incorporate the compliance program within system operations and programs and to carry out the responsibilities of the position.

Primary job duties and responsibilities

Creating and implementing an effective compliance program

Ensuring that the compliance program effectively prevents and/or detects violation of law, regulations, organization policies, or the code of conduct

Regularly reviewing the compliance program and recommending appropriate revisions and modifications, including advising administrative leadership and the board of directors of potential compliance risk areas

Coordinating resources to ensure the ongoing effectiveness of the compliance program

Implementing and operating retaliation-free reporting channels, including an anonymous telephone reporting system available to all employees, volunteers, customers, and vendors

Ensuring that the internal controls are capable of preventing and detecting significant instances or patterns of illegal, unethical, or improper conduct by employees, agents, contractors, or others working with the organization

Ensuring that the system has effective mechanisms to reasonably determine that persons either promoted to or hired in management and certain other sensitive and/or responsible positions (to be designated) do not have a propensity to violate laws and regulations or engage in improper or unethical conduct in their designated areas of responsibility

Providing input and/or direction to human resources policies and procedures and the performance appraisal and incentive programs to ensure that improper conduct is discouraged and that support of any conformity with the compliance program is part of any performance evaluation process for all employees

Coordinating as appropriate with outside legal counsel, conducting or authorizing and overseeing investigations of matters that merit investigation under the compliance program

Overseeing follow-up and, as applicable, resolution to investigations and other issues generated by the compliance program, including development of corrective action plans, as needed

Tracking all issues referred to the compliance office

Presenting periodic and annual reports on the compliance program to the board of directors

Developing and implementing, upon an approval by executive management and the board of directors, an annual review of an update to the compliance plan

Reporting on a regular basis to the compliance committee on matters involving the compliance program. Additionally, the compliance officer at his or her discretion is expected to regularly report issues to the CEO and board of directors

Working with administrative leadership to provide adequate information to staff to ensure that they have the requisite information and knowledge of regulatory issues and requirements to carry out their responsibilities in a lawful and ethical manner

Ensuring that all contracts contain language that is corporate compliant

Fee

Monthly or Quarterly retainer as per agency need for this service.