Our Vice President, Internal Audit and Compliance is responsible for providing strategic direction and oversight for the organization’s audit and compliance programs. This VP leads a high performing team that ensures strong internal controls, regulatory compliance, and ethical business practices across a complex healthcare and government contracting environment. They serve as a key advisor to senior leadership, delivering insights on risk, control effectiveness, and emerging compliance issues. This Vice President drives continuous improvement, fosters a culture of integrity, and represents the Audit and Compliance functions in high visibility forums, including presentations to executive leadership and the Audit, Compliance & Risk Committee of the Board.
Salary Range: $235,000 ~ $275,000
The base pay offered for this position may vary within the posted range based on your job-related knowledge, skills, and experience.
Work Location
Our preference will be to have this employee live in the state of Wisconsin to take advantage of Hybrid work and collaboration. Employees within 45 miles of WPS Headquarters (1717 W. Broadway in Madison, WI, 53713) will be expected to be able to work onsite 2 days a week on a regular basis.
We are open to remote work in the following approved states:
Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Nebraska, New Jersey, North Carolina, Ohio, South Carolina, Texas, Virginia, Wisconsin
How do I know this opportunity is right for me? If you:
- Enjoy providing strategic leadership and direction for the Audit and Compliance team, ensuring effective planning, execution, and reporting of all audit and compliance activities.
- Can oversee the development, implementation, and maintenance of organizational audit and compliance programs, policies, and procedures.
- Assess enterprise risks and ensure that appropriate internal controls are designed, implemented, and functioning effectively across the organization.
- Can lead the creation and execution of audit plans, ensuring alignment with regulatory requirements, industry standards, and organizational priorities.
- Have delivered clear, concise, and accurate reports and presentations to executive leadership, stakeholders, and the Audit, Compliance & Risk Committee of the Board.
- Want to serve as a trusted advisor to business leaders by providing expertise on control design, regulatory compliance, and emerging risk areas.
- Thrive managing, mentoring, and developing a high‑performing team of audit and compliance professionals; ensure continuous skill growth and performance feedback.
- Enjoy monitoring regulatory and industry changes affecting healthcare, government contractors, and health insurance operations, recommending necessary updates to compliance and audit practices.
- Want to drive continuous improvement initiatives to enhance audit methodologies, data analytics, and compliance monitoring tools.
- Would like to collaborate with cross‑functional teams to resolve audit findings, strengthen processes, and support operational excellence.
- Can represent the Audit and Compliance functions in organizational projects, strategic initiatives, and high‑visibility discussions.
Minimum Qualifications
- U.S. Citizenship is required due to Department of Defense restrictions
- Bachelor’s degree in Accounting, Finance, Business Administration or a related field, or equivalent combination of education and experience.
- Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified in Healthcare Compliance (CHC) or similar designation, or the ability to obtain certification within 2 years of hire.
- 10 or more years of progressively responsible experience in internal audit, compliance, risk management or related disciplines.
- 5 or more years in a senior leadership role.
- Strong knowledge of internal control frameworks, risk assessment methodologies, and governance principles.
- Excellent communication skills, with the ability to present complex issues clearly to Executive Leadership and the Board of Directors. This includes:
- Strong analytical, problem solving, and decision-making abilities.
- Ability to operate effectively at both strategic and tactical levels in a fast-paced, highly regulated environment.
Preferred Qualifications
- Experience working within Health Insurance, Healthcare environments, or federal government contracting.
- Experience with the Centers for Medicare and Medicaid Services (CMS), Defense Health Agency (DHA) or Department of Veterans Affairs (VA).
- Experience with conducting investigations.
Remote Work Requirements
- High speed cable or fiber
- Minimum of 10 Mbps downstream and at least 1 Mbps upstream internet connection (can be checked at https://speedtest.net (https://speedtest.net)).
- Please review Remote Worker FAQs (https://secure.wpsic.com/files/remote-work-faqs.pdf) for additional information.
Benefits
- Remote and hybrid work options available
- Performance bonus and/or merit increase opportunities
- 401(k) with a 100% match for the first 3% of your salary and a 50% match for the next 2% of your salary (100% vested immediately)
- Competitive paid time off
- Health insurance, dental insurance, and telehealth services start DAY 1
- Professional and Leadership Development Programs
- Review additional benefits: (https://www.wpshealthsolutions.com/careers/ (https://www.wpshealthsolutions.com/careers/))
Who We Are
WPS, a health solutions company, (https://www.wpshealthsolutions.com/about/index.shtml) is a leading not-for-profit health insurer and federal government contractor headquartered in Madison, Wisconsin. WPS offers health insurance plans for individuals, families, seniors and group health plans for small to large businesses. We process claims and provide customer support for beneficiaries of the Medicare program and manage benefits for millions of active-duty and retired military personnel across the U.S. and abroad. WPS has been making healthcare easier for the people we serve for nearly 80 years (https://www.wpshealthsolutions.com/75/). Proud to be military and veteran ready.
Culture Drives Our Success
WPS’ culture is where the great work and innovations of our people are seen, fueled and rewarded. We accomplish this by creating an open and empowering employee experience. We recognize the benefits of employee engagement as an investment in our workforce—both current and future—to effectively seek, leverage, and include differing and unique perspectives that fuel agility and innovation on high-performing teams. This results in people bringing their authentic selves to work every day in an organization that successfully adapts to business changes and new opportunities.
We are proud of the recognition we have received from local and national organization regarding our culture and workplace: WPS Newsroom - Awards and Recognition. (https://www.wpshealthsolutions.com/news/?c=awards)
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This position may from time to time provide support to federal health care programs and other governmental or regulated industries. In accordance with law and/or contractual requirements, individuals in this role are or may be subject to all applicable federal regulations, agency contract requirements, and WPS internal policies, including but not limited to standards for data security, privacy, confidentiality, and program integrity. WPS and its personnel are subject to mandatory enhanced screening and background investigation prior to being granted access to information systems and/or sensitive data in order to safeguard regulated information and government resources that provide critical services.
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