Minutes of a Regular Meeting, June 22-23, 2004 - Digital Collections

REGENTS’ POLICY MANUALSECTION 3—GENERAL POLICIES7) assist with the correction of compliance concerns; and8) draft and implement, in coordination with the applicable department, any necessarypolicies and procedures.3.3—STRUCTUREThe Office of Compliance will report to the University's General Counsel. However, the Director ofCompliance may present time sensitive compliance issues or concerns directly to the President or theBoard of Regents.4—DIRECTOR OF COMPLIANCE4.1—APPOINTMENTThe Program is overseen by a Director of Compliance.4.2—SELECTION CRITERIAThe Director of Compliance oversees and monitors the University's compliance activities. Theday-to-day decisions related to the Program will be made by the Director of Compliance. The Director ofCompliance will coordinate the Program and identify and build on existing University policies andprocedures. The Director of Compliance should be an individual who has the following characteristics:1) High integrity and a thorough understanding of the operations of the University.2) Effective analytical skills required to direct regulatory monitoring.3) Effective public speaking skills and the ability to articulate complex regulatoryinformation in understandable terms.4) Effective interpersonal skills required to work with University officers andemployees as well as third party vendors and government representatives.5) Effective organizational and planning skills as well as the ability to handle multipletasks simultaneously.6) Effective writing skills.7) Thorough understanding of the laws and regulations which apply to the areas coveredby this Program, and the ability to identify the legal issues and refer them to theOffice of Legal Counsel.4.3— RESPONSIBILITIES OF THE DIRECTOR OF COMPLIANCEIt is the responsibility of the Director of Compliance to ensure that the Program is implemented andmonitored. Coordination and communication are key functions of the Director of Compliance. It is notthe duty of the Director of Compliance to perform all compliance related tasks. Rather, the role of theDirector of Compliance is to coordinate compliance activities. The Director of Compliance will haveauthority to review documents and records relevant to compliance activity. The duties of the Director ofCompliance will include, but not be limited to, the following activities:THE UNIVERSITY OF OKLAHOMA 215