Manager, Business Risk

Transamerica•Philadelphia, PA

18d•Hybrid

About The Position

Manage key components of the Protection Solutions and Savings & Investments (PS&SI) first-line risk management program. Embed risk considerations within business operations by identifying, assessing, monitoring, mitigating, and reporting operational risks while partnering with stakeholders to maintain an effective risk profile. The role supports business initiatives, strategic projects, process changes, and transformation efforts, and may provide guidance or subject matter support to less experienced team members. This is a hybrid position requiring three days in the office per week at a hub location in Denver, Cedar Rapids, or Philadelphia. Moderate travel of 10–25% is required to support risk assessments, stakeholder meetings, project initiatives, and other business risk activities. Relocation assistance will not be provided.

Requirements

Bachelor’s degree in accounting, finance, business, or a related field.
Seven years of experience in risk management, operational risk management, internal controls, audit, or compliance.
Experience managing or coordinating operational risk management, internal controls, audit, compliance, or governance activities.
Experience conducting control testing and operating effectiveness assessments.
Knowledge of risk management principles, including risk assessments, process flows, control evaluation, testing, monitoring, and remediation.
Strong analytical skills, including the ability to identify risk trends and evaluate changing risk levels.
Ability to prioritize multiple initiatives in a fast-paced environment.
Strong attention to detail and accuracy.
Sound judgment and problem-solving skills.
Ability to present information and interact effectively with multiple levels of management.
Strong relationship-building and collaboration skills.
Excellent oral and written communication skills.
Legal authorization to work in the U.S. without immigration-related employment authorization sponsorship.

Nice To Haves

Experience in the insurance or financial services industry.
Experience supporting enterprise risk management, governance, regulatory, or compliance initiatives.
Experience using data analytics or reporting tools to support risk monitoring and decision-making.

Responsibilities

Manage end-to-end business risk activities, including risk assessments, control evaluations, control testing, monitoring, remediation, and identification of emerging risks and thematic risk trends.
Support risk management activities for major PS&SI business initiatives, strategic projects, process changes, and transformation efforts by assessing potential risk impacts and mitigation strategies.
Recommend process and control improvements to strengthen risk mitigation, operational efficiency, and quality outcomes.
Coordinate risk issue activities, including identification, impact assessment, root cause analysis, action planning, validation, remediation tracking, and reporting.
Review risk decisions, control designs, and remediation plans with process and business owners to ensure actions appropriately address identified risks.
Advise business partners on risk matters and recommend practical approaches to support informed decision-making.
Conduct process reviews and process mapping to identify documentation deficiencies, control gaps, new control needs, and automation opportunities.
Develop and maintain risk dashboards and management reports to communicate key risk information and trends.
Partner with stakeholders across operations, technology, compliance, legal, and second-line risk functions to promote a strong risk and control environment and address cross-functional risks and dependencies.
May provide guidance, work direction, or subject matter support to less experienced team members.

Benefits

Annual bonus eligibility based on the Company Bonus Plan and individual performance, at the Company’s discretion.
Pension plan.
401(k) match.
Employee stock purchase plan.
Tuition reimbursement.
Disability insurance.
Medical insurance.
Dental insurance.
Vision insurance.
Employee discounts.
Career training and development opportunities.
Paid time off starting at 160 hours annually for employees in their first year of service.
Ten paid holidays per year.
Be Well Company holistic wellness program, including Wellness Coaching and Reward Dollars.
Paid parental leave of 15 days per calendar year for eligible employees with at least one year of service.
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.