CVS Health
CVS HealthVerified Source

Lead Director PBM Corporate Compliance

100K–232K
Onsite · Phoenix, Arizona
Posted August 12, 2026
payroll

Overview

You own compliance governance for Caremark’s PBM business, overseeing regulatory adherence across state and federal mandates. You lead a team that embeds compliance into operations, systems, and contracts, partnering with Legal and Enterprise Compliance. You steer a proactive compliance culture in a rapidly evolving regulatory environment. This role offers high visibility with executive leadership and the chance to shape PBM compliance strategy.

What You'll Do6

  • 1Lead regulatory compliance initiatives for Caremark’s PBM business, assessing new federal and state requirements and partnering with Legal to determine applicability and impact.
  • 2Drive implementation of compliance requirements across operations, systems, and controls, validating effectiveness through evidence-based reviews.
  • 3Oversee PBM-related compliance investigations, including root cause analysis, reporting, and executive updates, ensuring corrective actions are sustained.
  • 4Represent Compliance on enterprise governance committees and key business initiatives.
  • 5Provide strategic compliance leadership to business partners, fostering a culture of regulatory accountability.
  • 6Mentor and develop a team of compliance professionals, including coaching, performance management, and succession planning.

Requirements8

  • 110+ years in Compliance, Regulatory Affairs, Risk Management, Audit, Project Management, or similar oversight disciplines.
  • 2Proven background leading major projects and mentoring project leaders.
  • 3Ability to travel up to 10-15% including by plane.
  • 4Deep expertise in PBM regulatory domains including rebate pass-through, pricing transparency, and state reporting mandates.
  • 5Strong knowledge of PBM operations: manufacturer contracting, rebate administration, and client onboarding.
  • 6Demonstrated success leading large-scale compliance programs in PBM, healthcare, or managed care.
  • 7Exceptional communication and executive-level presentation skills.
  • 8Proven success leading teams and building organizational capability.

Salary Insight

$100 - $232k per year

Location

Typeonsite
LocationPhoenix, Arizona

Required Skills

ComplianceRegulatory AffairsRisk ManagementAuditProject ManagementPBM EconomicsManufacturer ContractingRebate AdministrationPBM Client OnboardingPricing TransparencyPharmacy Reimbursement ParityState Level Pbm ReportingERISAFiduciary RequirementsExecutive CommunicationStakeholder ManagementTeam Leadership
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