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Full-Time

Compliance Operations Analyst

Posted on 8/26/2024

Charlie Health

Charlie Health

1,001-5,000 employees

Online mental health treatment for youth

Compensation Overview

$75k - $90kAnnually

+ Incentive Compensation + Discretionary Bonuses + Short and Long-term Incentive Packages

Entry, Junior

New York, NY, USA

Category
Quality Control & Compliance
Operations & Logistics
Required Skills
Management
JIRA
Requirements
  • Bachelor's degree or equivalent experience
  • 0-2 years of experience in high-growth environments, such as product/project management, engineering, public markets, consulting, or operations
  • Healthcare administration and/or behavioral health experience preferred but not required
  • Microsoft Office fluency, including Excel
  • Experience with project management software such as Airtable, Monday.com, Jira, or Notion preferred but not required
  • Self-starter with a demonstrated history of taking ownership of projects and executing them with minimal supervision
  • Strong interpersonal skills and ability to communicate complex ideas
  • Experience translating issues from stakeholders into actionable plans, communicating those plans across a team, and ensuring the timely execution of agreed upon plans
  • Strong project management skills, with a demonstrated ability to corral and manage details in a fast-paced, fluid environment
  • Highly reliable with experience managing complex initiatives
  • Outstanding organizational and time management skills
  • Able to manage sensitive information in confidential and professional manner
  • Work authorized in the United States and native or bilingual English proficiency
Responsibilities
  • Directly support the Compliance Operations function and the CCO herself on critical, cross-departmental projects, including regulatory strategy, risk identification and mitigation, and performance improvement projects
  • Ensures timely and effective completion of projects and initiatives of the compliance department
  • Identifies areas of improvement, and then proactively creates and maintains systems and processes to streamline department operations
  • Designs and produces complex documents, reports, and presentations for report-out to senior leadership
  • Supports talent acquisition activities (including application review, screening, and intake calls) when capacity is needed
  • Drafts letters, emails, reports, and other correspondence on behalf of the Compliance Department
  • Maintains and iterates on existing data-centric workflows

Charlie Health provides online mental health treatment services specifically designed for young people. Their main product is a virtual Intensive Outpatient Program (IOP) that combines personalized care with peer support to promote long-term healing. Clients can start the program quickly, often within 24 hours, and have flexible scheduling options available throughout the week. The company operates on a business model where clients can pay out-of-pocket or use insurance, with an easy verification process for coverage. Charlie Health distinguishes itself from competitors by focusing on the youth demographic and demonstrating effectiveness, as over 90% of clients report improvements in their mental health symptoms, supported by annual outcomes reports and clinical research. The goal of Charlie Health is to provide accessible and effective mental health treatment to young individuals in need.

Company Stage

Seed

Total Funding

$1.4M

Headquarters

Bozeman, Montana

Founded

2020

Growth & Insights
Headcount

6 month growth

20%

1 year growth

40%

2 year growth

138%
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Simplify's Take

What believers are saying

  • Charlie Health's services have demonstrated significant efficacy, with over 90% of clients seeing improvements in severe mental health symptoms.
  • The company's rapid growth and strategic partnerships, such as with Memorial Hermann and Talkspace, indicate strong market validation and potential for further expansion.
  • The appointment of experienced leaders like Christine Ko as Chief People Officer suggests a strong focus on organizational growth and employee well-being.

What critics are saying

  • The telehealth market is highly competitive, with numerous players like Talkspace and Mantra Health potentially diluting Charlie Health's market share.
  • Dependence on insurance coverage for revenue could pose financial risks if reimbursement policies change or if clients face difficulties in verifying coverage.

What makes Charlie Health unique

  • Charlie Health's focus on high-acuity mental health care for young people sets it apart in the telehealth market, which often targets a broader demographic.
  • Their virtual Intensive Outpatient Program (IOP) offers rapid initiation within 24 hours, providing a level of accessibility and immediacy that is rare in the mental health sector.
  • Partnerships with major health systems like Memorial Hermann and inclusion in Talkspace's Behavioral Health Consortium enhance their credibility and expand their reach.
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