Senior Analyst, Operational Risk Management (Hybrid)

Transamerica•Cedar Rapids, IA
•$80,000 - $95,000•Hybrid

About The Position

Support the day-to-day execution of Transamerica’s Operational Risk Management activities, including identifying, assessing, monitoring, and reporting key risks across the company’s business and technology landscape. This hybrid position requires three days in the office per week at a hub location in Cedar Rapids, Denver, or Philadelphia. Relocation assistance is not provided. The position generally pays $80,000–$95,000 annually and is typically eligible for an annual bonus based on the Company Bonus Plan and individual performance, at the company’s discretion.

Requirements

  • Bachelor’s degree in accounting, finance, or a relevant field.
  • Four years of experience in operational risk management or internal controls, or operational experience with working knowledge of operational risk management or internal controls.
  • Experience in operational risk management, internal controls, audit, or an equivalent field.
  • Knowledge and experience with risk management principles and techniques, including process-flow development; risk and control identification and assessment; testing and monitoring procedures; and development of related metrics.
  • Ability to present to and interact with various levels of management.
  • Ability to build relationships with people at all levels.
  • Excellent oral and written communication skills.
  • Legal authorization to work in the U.S. without immigration-related employment sponsorship.

Nice To Haves

  • Knowledge of or experience in the insurance or financial services industry.
  • Data analytics experience, particularly with Power BI or advanced Excel.
  • CPA.
  • CIA.
  • CISA.

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 action plan development and assess the adequacy of management actions.
  • Participate in the execution of Process Risk Assessments.
  • Participate in and support management control testing efforts.
  • Collaborate with Risk Management peers and organizational partners and stakeholders, including line and functional management, Compliance, IT, and Internal Audit.
  • Use the company Governance Risk & Compliance (GRC) tool to record, update, and report on risk issues, risk events, action plans, and related items.

Benefits

  • Competitive pay.
  • Annual bonus for eligible employees.
  • 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.
  • Holistic wellness program, including Wellness Coaching and Reward Dollars.
  • Paid parental leave of 15 days per calendar year for eligible employees who meet the service requirement.
  • Adoption assistance.
  • Employee Assistance Program.
  • Back-up care program.
  • Paid time off for volunteer hours.
  • Employee matching gifts program.
  • Employee Resource Groups.
  • Inclusion and diversity programs.
  • Employee recognition program.
  • Referral bonus programs.
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