This new second line operational risk management role will provide independent oversight of the activities and day-to-day execution of the Investment Office, delivering strong independent oversight and constructive challenges to the first line. This role will ensure operational risk and control considerations are established and embedded across new and existing asset classes, and will oversee the identification, assessment, monitoring, and reporting of key risks for the business landscape. It will partner closely with a growing first line investment organization and external asset managers.

Responsibilities

  • Partner closely with the Investment Office to deliver independent, forward-looking operational risk assessments across business activities, programs, and initiatives.
  • Serve as a trusted advisor and operational risk subject matter expert, providing credible challenges and practical guidance to investment leadership and management.
  • Shape and advance the operational risk strategy for the Investment Office, including annual priorities, objectives, and risk maturity goals.
  • Lead enterprise grade Process Risk Assessments, translating results into clear, actionable insights for senior leadership.
  • Own the end-to-end lifecycle of risk issue management, from identification and root cause analysis through action tracking, escalation, and outcome reporting.
  • Develop and maintain the quarterly Investment Office operational risk profile, highlighting key risk themes, trends, and emerging exposures.
  • Challenge the design and effectiveness of processes and controls, recommending enhancements that improve resilience, efficiency, and execution quality.
  • Assess the adequacy of management decisions and actions through a risk lens, providing independent oversight and constructive challenges.
  • Drive adherence to the Global Operational Risk Management framework, including risk assessments, KRIs, scenario analysis, and risk reporting.
  • Collaborate across Risk, Compliance, IT, Internal Audit, and global ORM partners to strengthen risk practices, share insights, and embed a strong risk culture.

​Qualifications

  • Bachelor's degree in finance, Accounting, Economics, or a related discipline
  • Ten years of experience in investment operations, asset management or a related second-line risk role within financial services or insurance
  • Deep understanding of investment management activities, including portfolio management, trading operations, asset servicing, valuation and investment data flows
  • Proven ability to provide independent challenges and credible advisory support to investment management and senior stakeholders
  • Experience partnering across control functions (Compliance, IT, Finance, Internal Audit) and influencing outcomes without direct authority
  • Strong risk reporting expertise, including development of quarterly risk profiles, executive dashboards, and clear risk narratives for senior leadership and governance forums
  • Excellent written and verbal communication skills, with the ability to translate complex risk concepts into clear, decision-useful insights.
  • Ability to work in a fast-paced organization and prioritize multiple initiatives
  • Ability to present and interact with various levels of management and build relationship with peoples at all levels

Preferred Qualifications

  • Professional certifications such as CPA, CIMA, CFA, CAIA, CIA or CISA or equivalent risk or investment credentials

Working Conditions

  • Hybrid Office Environment
  • Moderate Travel to conduct risk activities

Compensation

  • The Salary for this position generally ranges between $135,000 - $180,000 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 (Cedar Rapids, Philadelphia, Baltimore, Denver). 

Disclaimer:
Beware of fake job offers!

We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:

  • We will never request personal information such as ID or payment for equipment upfront.
  • Official offers are sent via DocuSign following a verbal offer—not through text or email.