Sr Product Compliance Analyst

Our Mission:

Our mission is to SAVE AND IMPROVE LIVES BY EMPOWERING HEALTHCARE CONSUMERS.Come be part of remarkable.

Overview:

How you can make a difference

The Senior Product Compliance Analyst leads advanced compliance activities to assure HealthEquity’s administrative solutions (e.g., Health Savings Accounts [HSAs], Health Reimbursement Arrangements [HRAs], Flexible Spending Arrangements [FSAs], Dependent Care Assistance Programs [DCAPs], qualified transit and parking plans, COBRA and state continuation coverage) align with applicable laws, regulatory standards, and internal policies. This role serves as a senior point of escalation and applies expert regulatory judgment to risk assessments, compliance monitoring, investigations, and corrective action development. Work is performed in an environment where AI-enabled tools are standard, accelerating synthesis, documentation, and analysis so that maximum effort is afforded to judgment, decision-making, and influence. Success in this role is defined by the Senior Product Compliance Analyst’s ability to anticipate risk, guide others, and deliver defensible compliance outcomes at scale. This role typically reports to the Director of Compliance.

What you’ll be doing

• Lead and support the design, implementation, and continuous enhancement of the Product Compliance program and productivity elements, including policies, procedures, training, monitoring, investigations, reporting frameworks, and AI-powered tools to facilitate repeat efficiency gains.
• Apply expert regulatory judgment to complex compliance inquiries and escalations, synthesizing facts and regulatory authority (often AI-assisted) into clear decisions, conclusions, and defensible rationale.
• Lead appeals, interpret regulatory guidance, and prepare filings and reports as needed to resolve escalated compliance and agency inquiries.
• Conduct compliance monitoring, testing, reviews, and investigations to identify control gaps, assess risk exposure, and support timely corrective and preventive actions.
• Provide support across key Product Compliance operational domains, which may include Medicare Secondary Payer (MSP) reporting, Compliance Change Management (CCM), and complaint investigation and response activities.
• Conduct nondiscrimination testing and training, and advise clients on related questions and inquiries.
• Support the use of AI‑enabled tools and automation within Product Compliance ensuring they are integrated as standard infrastructure to drive consistency, improve documentation quality, and enable scalable analysis, while maintaining full human accountability for interpretations, decisions, and outputs.
• Partner with internal stakeholders to incorporate compliance requirements into strategic initiatives, operational changes, and third-party relationships, ensuring risks are identified, mitigated, and translated into effective execution.
• Prepare and review compliance reports, briefings, and narratives for leadership and – where applicable – regulatory or enforcement bodies.
• Maintain compliance logs, records, and documentation standards, ensuring audit-ready quality and consistency across the Compliance team.
• Evaluate compliance operations and recommend improvement areas.
• Contribute to the development of the annual Compliance Roadmap and strategic initiatives, using data, trend analysis, and risk insight to inform priorities.

What you will need to be successful

• Bachelor’s degree in a relevant field is required; Master’s degree or JD preferred
• 7+ years of equivalent work experience in a risk management, insurance, governance, compliance, audit, finance, or project management role
• Previous experience in compliance in the healthcare or financial services industries
• Relevant certifications (e.g., Certified Regulatory Compliance Manager [CRCM], Certified Compliance & Ethics Professional [CCEP], Health Savings Account Specialist [HSAS], Certification in Flexible Compensation [CFC]) are a plus
• Previous experience coordinating or managing cross-functions projects
• Deep expertise in employee benefits compliance and related regulatory frameworks (including COBRA, DCAP, FSA, HRA, HSA, and applicable federal and state requirements)
• Ability to treat AI‑enabled tools as standard compliance infrastructure, using them to scale analysis, documentation, and insight while maintaining full accountability for conclusions and decisions
• Strong risk judgment and bus…