Our healthcare system is the leading cause of personal bankruptcy in the U.S. Every year, over 50 million Americans suffer adverse financial consequences as a result of seeking care, from lower credit scores to garnished wages. The challenge is only getting worse, as high deductible health plans are the fastest growing plan design in the U.S.
Cedar’s mission is to leverage data science, smart product design and personalization to make healthcare more affordable and accessible. Today, healthcare providers still engage with its consumers in a “one-size-fits-all” approach; and Cedar is excited to leverage consumer best practices to deliver a superior experience.
Cedar is seeking a Regulatory Compliance Analyst to play a crucial role in ensuring the company's compliance with the laws and regulations governing our products and operations. This position requires a deep passion for understanding the complex and evolving regulatory landscape impacting the consumer healthcare financial experience across the US and the ability to translate these complex regulations into plain language that business teams can understand.
The Regulatory Analyst will report directly to the Chief Compliance Officer.
Essential Duties and Responsibilities:
- Regulatory Research & Monitoring:
- HIPAA: Including the Security Rule, Privacy Rule, and Breach Notification Rule.
- HITECH Act: Focusing on data security and breach notification requirements.
- State privacy laws: Including those related to data security, consumer protection, and financial transactions.
- Federal Trade Commission (FTC) regulations: Regarding data security and consumer protection.
- State and federal laws related to billing, collections & payment processing: Including those governing data security, fraud prevention, and consumer protection.
- Fintech regulations: Including those related to money transmission, data security, and consumer protection.
- Conduct in-depth research and analysis of relevant healthcare laws and regulations applicable to:
- Monitor regulatory changes and assess their impact on the organization's products, services, and operations.
- Maintain and update internal compliance policies and procedures to reflect changes in the regulatory landscape.
- Risk Assessment & Mitigation:
- Identify and assess potential compliance risks related to patient data privacy, security, and product safety.
- Develop and implement risk mitigation strategies to address identified compliance issues, including security controls, data encryption, and access controls.
- Issue Resolution & Reporting:
- Investigate and resolve compliance issues and concerns related to regulatory compliance.
- Prepare and submit compliance reports to management and regulatory authorities (as required).
- Assist in responding to regulatory inquiries and investigations.
- Project Management:
- Assist in the implementation of new compliance initiatives and projects.
- Manage compliance projects effectively, ensuring timely completion and adherence to project timelines.
Core Qualifications:
- Bachelor's degree (or other relevant 4 year professional degree)
- 4 years of experience in regulatory compliance, law l, or a related field (with at least 2 years focused on healthcare regulatory compliance), with a strong preference for experience in the healthcare, payments, or fintech industry.
- Excellent analytical, research, and problem-solving skills.
- Strong written and verbal communication skills with the ability to explain complex legal and regulatory concepts clearly and concisely.
- Detail-oriented with strong organizational and time-management skills.
- Ability to work independently and as part of a team.
Preferred Qualifications:
- Certified in Healthcare Compliance (CHC) or a related certification.
- Experience working within a fast-paced and dynamic startup environment, particularly in a fully remote or partially remote role.
- Experience with compliance management software.
- Knowledge of payment card industry data security standards (PCI DSS).
Juris Doctor (J.D.) degree or Master of Laws (LL.M.). Note: this is not an in-house counsel position, but will work closely with our legal team.
Compensation Range and Benefits
- Salary/Hourly Rate Range*: $ 160,700-$210,000
- This role is also bonus and equity eligible
- This role offers a competitive benefits and wellness package
*Subject to location, experience, and education
#LI-REMOTE
What do we offer to the ideal candidate?
- A chance to improve the U.S. healthcare system at a high-growth company! Our leading healthcare financial platform is scaling rapidly, helping millions of patients per year
- Unless stated otherwise, most roles have flexibility to work from home or in the office, depending on what works best for you
- For exempt employees: Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of vacation per year to ensure dedicated time to spend with loved ones, explore, rest and recharge
- 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
- Diversity initiatives that encourage Cedarians to bring their whole selves to work, including three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians)
- Competitive pay, equity (for qualifying roles) and health benefits that start on the first of the month following your start date (or on your start date if your start date coincides with the first of the month)
- Cedar matches 100% of your 401(k) contributions, up to 3% of your annual compensation
- Access to hands-on mentorship, employee and management coaching, and a team discretionary budget for learning and development resources to help you grow both professionally and personally
About us
Cedar was co-founded by Florian Otto and Arel Lidow in 2016 after a negative medical billing experience inspired them to help improve our healthcare system. With a commitment to solving billing and patient experience issues, Cedar has become a leading healthcare technology company fueled by remarkable growth. "Over the past several years, we've raised more than $350 million in funding & have the active support of Thrive and Andreessen Horowitz (a16z).
As of November 2024, Cedar is engaging with 30 million patients annually and is on target to process $3.5 billion in patient payments annually. Cedar partners with more than 55 leading healthcare providers and payers including Highmark Inc., Allegheny Health Network, Novant Health, Allina Health and Providence.
What the Team is Saying
What We Do
With an innovative platform that connects providers and payers, Cedar empowers healthcare consumers with a personalized journey from appointment confirmation to payment—all powered by data science and interactive design. We're solving the biggest problems in healthcare, and we'd love your help. Explore our page to learn why we're a great place to work.
Why Work With Us
At Cedar, you’ll work with a smart, talented team, devoted to solving a problem that impacts millions of consumers annually. We offer competitive pay, great healthcare, stock options, unlimited PTO, daily lunch and snacks, wellness offerings, and more—plus the exciting opportunity to join a high-growth company.
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Cedar Teams
Cedar Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Cedar has adopted a hybrid work model that enables all Cedarians to work in a way that best serves them and their work at Cedar.
