Job FamilyOperational Risk
Job Description SummarySupport the day-to-day execution of the Transamerica Operational Risk Management activities including identification, assessment, monitoring, and reporting of key risks across the company business and technology landscape.
Job Description 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 Process Risk Assessments.
- 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 levels
- Excellent oral/written communication skills
Preferred Qualifications:
- Knowledge and/or experience in the insurance or financial services industry
- Data Analytics experience, particularly Power BI or advanced Excel
- CPA
- CIA
- CISA
Working Conditions:
- Hybrid office environment: 3 days in office (Cedar Rapids, IA/Baltimore, MD, Denver, CO)
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.
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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 in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
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.
What We Offer For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
- Competitive Pay
- Bonus for Eligible Employees
Benefits Package
- Pension Plan
- 401k Match
- Employee Stock Purchase Plan
- Tuition Reimbursement
- Disability Insurance
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employee Discounts
- Career Training & Development Opportunities
Health and Work/Life Balance Benefits
- Paid Time Off starting at 160 hours annually for employees in their first year of service.
- Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
- Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
- Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
- Adoption Assistance
- Employee Assistance Program
- Back-Up Care Program
- PTO for Volunteer Hours
- Employee Matching Gifts Program
- Employee Resource Groups
- Inclusion and Diversity Programs
- Employee Recognition Program
- Referral Bonus Programs
