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Manager, ORM Finance/Financial Assets

Remote: 
Full Remote
Contract: 
Salary: 
106 - 126K yearly
Experience: 
Mid-level (2-5 years)
Work from: 

Offer summary

Qualifications:

Bachelor’s degree in accounting or finance, Seven years of experience in operational risk management or internal controls, In-depth knowledge of risk management principles, Strong risk and control background with SOX knowledge, Experience leading teams.

Key responsabilities:

  • Manage the ORM program execution and assessment across the company
  • Develop and maintain relationships with management to drive risk culture
  • Lead Risk Management initiatives aligned to department goals
  • Manage life cycle of risk issue management activities and RCSAs
  • Oversee adherence to Global Operational Risk Management policies
Aegon Asset Management logo
Aegon Asset Management Investment Management Large https://www.aegonam.com/
1001 - 5000 Employees
See more Aegon Asset Management offers

Job description

Job Family

Operational Risk

About Us 

 

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.  

 

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there. 

    

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information,  visitwww.transamerica.com. 

 

Who We Are 

 

Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services. 

 

What We Do 

 

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology). 

Job Description Summary

The Manager, ORM Finance/Financial Assets will manage the day-to-day execution of the Transamerica Operational Risk Management (ORM) program. This person will ensure risk considerations are in place and practiced across the company; manage the identification, assessment, monitoring, and reporting of key risks for the business and technology landscape. In addition they will develop and maintain relationships with business and technology management across three lines of defense.

Job Description

Responsibilities

  • Partner with business (Finance and Financial Assets) management to execute risk assessments across business groups. 
  • Develop relationships with key stakeholders to drive and embed an enhanced risk culture.
  • Drive and lead significant Risk Management initiatives in support of department goals and objectives.
  • Manage one or more direct reports, including goal setting, periodic feedback, performance management, and overall execution of risk management activities.
  • Challenge current process design and identify areas for improvement; recommend changes to support policies, procedures, and control execution to increase efficiency and quality.
  • Manage life cycle of risk issue management activities, including risk identification, root cause analysis, action plan status monitoring, and reporting of outcomes to management.
  • Contribute to the development of the company quarterly Risk Profile.
  • Collaborate with and challenge process owners during the development of action plans to assess adequacy of actions taken by management.
  • Manage the execution of Risk & Control Self Assessments (RCSA); review and challenge of inherent/residual risk scoring, risk mitigation, control design, and execution.
  • 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).
  • Manage risk assessment activities across various organizational functions, programs, projects, and processes for Finance and Financial Assets.
  • Navigate company Governance Risk & Compliance (GRC) tool to drive data-driven insights into the company risk profile.
  • Support and manage adherence to the Global Operational Risk Management policy, framework, and the underlying activities (e.g. RCSAs, scenario analysis, KRIs, risk reporting, etc.)
  • Provide training on operational risk management tools and techniques to various levels within the company.
  • Develop enhanced policies and procedures to ensure efficient risk coverage across the company

Qualifications

  • Bachelor’s degree in accounting, finance, or relevant field
  • Seven years of experience in operational risk management or internal controls, or equivalent experience in an operational role with strong knowledge of operational risk and/or internal controls
  • Progressive experience in operational risk management, internal controls, audit, or relevant field
  • In-depth knowledge and hands on 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
  • Strong risk and control background including knowledge of SOX framework
  • Experience leading teams
  • Analytical skills to identify risk trends and changing risk levels
  • Ability to work in a fast-paced organization and prioritize multiple initiatives
  • Strong attention to detail and accuracy
  • Ability to use sound judgment to resolve issues and facilitate progress against objectives
  • 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

  • Strong knowledge and/or experience in the insurance or financial services industry
  • CPA
  • CIA
  • CISA

Working Conditions

  • Remote or Hybrid Office environment
  • Moderate travel to conduct risk activities

**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.** 

The Salary for this position generally ranges between $106,000 - $126,000 annually. This range is an estimate, based on potential qualifications 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 Company discretion.

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.

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

  • College Coach 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

  • Peer Recognition Program (BRAVO)

  

* As of December 31, 2022 
 

Inclusion & Diversity  

 

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women. 

 

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all. 

   

Giving Back  

 

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work. 

 

 

Transamerica’s Parent Company  

 

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has  grown into an international company serving more than 29.5 million people across the globe. It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.   

 

Required profile

Experience

Level of experience: Mid-level (2-5 years)
Industry :
Investment Management
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Verbal Communication Skills
  • Problem Solving
  • Team Leadership
  • Analytical Skills
  • Detail Oriented
  • Relationship Building

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