Senior Director, Compliance – Fraud & Agent Oversight Compliance

Transamerica•Cedar Rapids, IA

1d•Hybrid

About The Position

Lead the development and execution of a strategy to modernize fraud and agent oversight programs using emerging technologies and AI, while building high performing teams and driving operational efficiencies aligned with organizational objectives, risk tolerance, and applicable regulatory and compliance requirements.

Requirements

Bachelor’s in business management, finance, analytics, or other relevant field, or equivalent experience
12 years of financial services, insurance and/or securities experience in compliance, fraud prevention, financial crimes, or regulatory compliance
Leadership and project management skills, including managing cross-functional teams.
Excellent oral/written communication and interpersonal skills
Demonstrated experience building or leading fraud monitoring, agent oversight, or surveillance and risk analytics teams, including embedding continuous improvement practices to strengthen controls and reduce risk

Nice To Haves

Master’s degree, JD, CLU, FLMI or legal assistant degree
Advanced understanding of insurance and/or securities laws and the impact on company operations.

Responsibilities

Lead the development of a forward-looking technology, AI, data and analytics roadmap that strengthens the fraud and agent oversight compliance programs scalability and effectiveness.
Drive and oversee continuous improvement of team performance by tracking KPIs, recommending enhancements to core processes, and helping implement tools or solutions that improve workflow efficiency.
Build and sustain a culture of integrity and continuous improvement across high-performing teams
Collaborate across the Compliance department and lead integration of other functional areas to build support for work plans and initiatives.
Stay current on compliance trends by researching industry publications and literature, benchmarking, consulting with industry counterparts, and attending industry conferences and continuing education programs.
Direct and assign projects; provide guidance to senior managers, managers and other Compliance staff to improve the efficiency of the department and of company Compliance procedures.
Develop and/or manage department budgets for Compliance operations.
Manage highly complex Compliance matters with minimal supervision.
Develop, maintain, and update Compliance policies and procedures for multiple functions and/or locations.
Recommend corrective action or revisions to policies and procedures as appropriate based upon findings from internal audits, Compliance reviews, regulatory examinations, investigations and/or industry trends.
Work with multiple functions, units, or locations of the business to develop cost effective and common solutions to achieve regulatory compliance on an enterprise-wide basis.
Represent the company on industry committees regarding various regulatory issues.
Assist in evaluating overall Compliance risk factors.
Assist the compliance department with regulatory examinations, corporate audits, and internal audits.

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