This new second line operational risk management role will support the day-to-day execution of the Investment Office, performing Transamerica Operational Risk Management activities including identification, assessment, monitoring, and reporting of key risks for the business landscape.

Responsibilities

  • Participate in risk assessments across assigned business groups.
  • Participate in process design reviews and identify areas for improvement to increase efficiency and quality.
  • Carry out action plan status reporting and monitoring, and assist with root cause analysis.
  • Assist process owners during the development of action plans to assess adequacy of actions taken by management.
  • Participate in the execution of Risk & Control Self Assessments (RCSA).
  • Participate in and support management control testing efforts.
  • Collaborate with peers in the Risk Management function, and various partners and stakeholders throughout the organization (e.g. line and functional management, compliance, IT, Internal Audit).
  • Navigate company Governance Risk & Compliance (GRC) tool to record, update and report on various risk issues, risk events, action plans, etc.


Qualifications

  • Bachelor’s degree in accounting, finance, or relevant field
  • Four years of experience in operational risk management or internal controls, or experience in an operational role with working knowledge of operational risk management or internal controls
  • Experience in operational risk management, internal controls, audit, or equivalent field
  • Good knowledge and experience with risk management principles and techniques including development of process flows, identification and assessment of risks and controls, testing and monitoring procedures, and development of related metrics
  • Ability to present and interact with various levels of management
  • Ability to build relationships with people at all level
  • Excellent oral/written communication skills


Preferred Qualifications

  • Knowledge and/or experience in the insurance or financial services industry
  • Professional certifications such as CPA, CIMA, CFA, CAIA, CIA or CISA or equivalent risk or investment credentials


Working Conditions

  • Hybrid Office Environment
  • Light Travel 10 to 25%

Compensation

  • The Salary for this position generally ranges between $80,000 - $95,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
  • Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion. 

Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration, sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.

This is a hybrid position requiring three days in office per week in one of our hub locations.  Relocation assistance will not be provided for this position.


This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.