Director, Business Risk

Transamerica•Cedar Rapids, IA

About The Position

Serve as a leader for the Protection Solutions and Savings Investment (PS&SI) first line risk program. Ensure risk considerations are embedded across the company and oversee identification, assessment, monitoring, and reporting of key risks. Manage relationships with senior business partners to effectively maintain the company’s risk profile.

Requirements

Bachelor’s degree in accounting, finance, or related field
Twelve years of experience in operational risk management or equivalent operational leadership role
Leadership experience in operational risk management, internal controls, or audit
Expertise in risk management principles, including process flows, risk and control assessment, testing, and monitoring
Strong analytical skills to identify risk trends and changing risk levels
Ability to prioritize multiple initiatives in a fast-paced environment
Strong attention to detail and accuracy
Sound judgment to resolve issues and achieve objectives
Ability to present and interact with all levels of management
Relationship-building skills across all levels
Excellent oral and written communication skills

Nice To Haves

Knowledge and experience in the insurance or financial services industry

Responsibilities

Lead a functional business risk team and manage end-to-end risk activities, including controls, risk evaluation, and remediation.
Oversee risk management and remediation for major PSSI business initiatives.
Recommend process and control improvements to enhance risk mitigation, efficiency, and quality.
Manage risk issue activities, including identification, root cause analysis, action planning, and reporting outcomes to management.
Challenge process and business owners on remediation plans to ensure adequacy of actions.
Advise executive leadership on complex risk matters requiring judgment and resolution.
Provide guidance on control design, documentation, and automation opportunities during process mapping.
Support senior leaders on projects and strategic initiatives with risk-related decisions.
Develop and maintain regular business risk reporting for PSSI.
Build relationships with senior leaders and stakeholders to strengthen risk culture.

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
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