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Albany Medical College

Biotech discovery, development, and commercialization hub

Risk Manager

Full-TimeUpdated on 10/23/2026
$95k - $147.2k
Mid
Bachelor's, Associate's
Albany, NY, USA
In Person
Risk & ComplianceRegulatory Compliance & Ethics

About the job

Requirements
  • An Associate degree in a health care-related or business-related field is required; a high school diploma and four or more years of relevant experience may be accepted in lieu of the Associate degree.
  • RHIT, RHIA, CCS, or CPC certification is required.
  • Two years of experience in auditing, compliance, and/or coding is required.
  • Knowledge of third-party billing regulations for hospital and/or provider reimbursement is required.
  • Experience and understanding of the CPT coding system are required.
  • Knowledge of medical necessity edits related to local and national coverage determinations (LCDs and NCDs), correct coding initiatives (CCIs), and medically unlikely edits (MUEs) is required.
  • Strong clinical knowledge and knowledge of clinical documentation practices are required.
  • Verbal and written communication skills are required.
  • Experience navigating an electronic medical record is required.
  • Critical thinking skills are required.
  • Ability to prioritize multiple tasks and projects with varying deadlines is required.
  • Experience using Microsoft Office products is required.
Responsibilities
  • Represent Albany Medical Center through involvement in quality- and risk-oriented professional organizations, delivering presentations, publishing, and maintaining contacts with members of the business community and professional organizations.
  • Participate in special projects within the department and across the Center.
  • Manage the Occurrence Reporting System and sentinel event process.
  • Facilitate assigned improvement teams in analyzing events, identifying performance problems in work processes, redesigning work processes, and implementing possible improvements.
  • Prepare debriefs and root cause analysis reports that meet regulations and support work-team problem solving.
  • Design, develop, and implement a process for monitoring action plans.
  • Manage the selection, preparation, and dissemination of occurrence and quality data and reports using sound statistical process control and quality assurance concepts.
  • Manage events and safety occurrences within the service area.
  • Follow the sentinel event protocol.
  • Complete the root cause analysis process within Department of Health guidelines and departmental protocol.
  • Report to the Department of Health immediately upon completion of a root cause analysis.
  • Manage the sentinel event alert process.
  • Oversee Culture of Safety workgroups.
  • Complete failure mode and effects analysis (FMEA) and comply with regulatory requirements.
  • Manage the reportable event process, identify reportable events within the service area, and report them in a timely manner.
  • Respond to inquiries from regulatory bodies within the service area.
  • Design, develop, and manage an early warning system for the service area.
  • Manage loss control strategy development for the service area.
  • Manage, design, and develop risk management educational efforts for the service area.
  • Manage, design, and develop the system review process for service areas.
  • Assist with and manage data analysis within the service area.
  • Liaise with the Department of Health, Office of Mental Health, DNV, and other agencies as necessary.
  • Provide support and advice to service-area members involved in sentinel events or claims and litigation.
Desired Qualifications
  • A Bachelor's degree in nursing is preferred.
  • Registered Nurse (RN) licensure is preferred.
  • A minimum of three years of experience in a clinical setting is preferred.
  • Epic experience is preferred.

About the company

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Albany Medical College

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The Biomedical Acceleration and Commercialization Center (BACC) at Albany Medical College focuses on turning bio-discovery into real healthcare products and services. It runs an ecosystem that brings together entrepreneurs, inventors, academic researchers, and students to refine technologies, access resources and facilities, and connect with mentors and industry experts to grow biotech ventures. Unlike groups that only do research or funding, BACC provides hands-on support, space, and connections to help ideas move toward commercial development and broader patient impact. Its goal is to discover, develop, and accelerate breakthrough biotechnologies that improve patient experiences and outcomes while contributing to regional economic growth.

Company Size

1-10

Company Stage

N/A

Total Funding

N/A

Headquarters

Albany, New York

Founded

2014

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Simplify's Take

What believers are saying

  • June 2026 NIH funding expanded Albany Med research on nerve-disease therapeutics.
  • August 2026 robotic Whipple surgery showed advanced surgical capability and regional referral strength.
  • The 2026 class graduated 200+ degrees, signaling stable demand for AMC training programs.

What critics are saying

  • LCME full reaccreditation lands in 2026, creating a near-term existential compliance test.
  • Albany Med cited a $66 million operating loss and cut 37 positions in 2022.
  • Liebman and Miles sued Albany Medical Center in 2022, alleging retaliation and discrimination.

What makes Albany Medical College unique

  • Albany Med's OTR absorbed BACC, uniting commercialization, licensing, and clinical immersion in one shop.
  • The college combines MD training, residencies, and translational research across 46 programs.
  • Its Capital Region ecosystem links entrepreneurs to labs, clinicians, and university partners.

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Benefits

  • Health Insurance
  • Paid Vacation
  • Paid Sick Leave