Senior Internal Controls Analyst - Transamerica AM

Transamerica•Baltimore, MD

19h•Hybrid

About The Position

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of 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. We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life. Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them. We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms. Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs. Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. For more information, visit transamerica.com. At Transamerica Asset Management, high performance, 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. Today, we’re part of an international holding company, Aegon, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them. Transamerica Asset Management (TAM) is a division within Aegon Asset Management, an active global asset management firm with investment capabilities that span public and private markets across asset classes, sharing a common belief in fundamental, research-driven active management. TAM’s vision is to be a valued asset manager by growing a profitable, scalable investment platform that connects the right solutions to our clients’ needs. We provide active fixed income and differentiated equity strategies by following our Investor First process and leveraging the capabilities of our suite of sub-advisers. Our business encompasses approximately $65 billion of net assets under management; consisting of variable insurance funds, retail mutual funds, ETFs, collective investments trusts and other assets. As a Senior Internal Controls Analyst, you will be responsible for assisting in the day-to-day execution of the Aegon Americas Internal Controls program within the first line of defense. Responsible for assisting in the identification, assessment, oversight reporting and disclosure of key controls across the company and to ensure the business procedures and/or financial controls are in compliance with applicable regulatory and corporate standards and practices. Develop and maintain relationships with appropriate business management and process owners, as well as risk management personnel (second line of defense).

Requirements

Bachelor’s degree in accounting or relevant field, or equivalent work experience.
Typically five years of experience in internal controls, audit or risk management within the financial services industry.
Experience working on internal audits and/or operational risk assessments.
Ability to document and verbally communicate financial reporting processes in a clear and concise manner, including assessment of design and operating effectiveness of controls.
Communication skills to educate/raise awareness of foundational elements/methodologies needed to support an internal control framework.

Nice To Haves

CPA, CIA
Big 4 public accounting or regional accounting experience working with internal controls over financial reporting.
Experience implementing, managing & maintaining Governance, Risk & Compliance (GRC) technologies.

Responsibilities

Consult on the design and development of internal controls and processes and make recommendations for improvement and efficiency.
Assist in documenting financial/accounting/actuarial/operational process flows and procedures.
Support the execution of management’s risk assessment and scoping activities to ensure proper risk identification, process mapping and controls linkage for a sustainable internal control framework.
Aid in the development and execution of goals, policies, priorities and procedures relating to internal controls over financial reporting, operations, third party oversight, and business continuity.
Work with internal and external auditors to plan and implement an assessment of the control environment, coordination of timing and execution of process walkthroughs, and a process for timely sharing of potential issues for resolution with respect to internal controls.
Collaborate with business owners in the identification of control gaps/processes weaknesses, and aid in the development of corrective action and risk mitigation plans.
Partner with the second line in development and implementation of a system to capture and track control deficiencies, as well as internal and external audit findings to resolution.
Support the coordination of various operational resiliency activities including business impact analysis, business continuity planning, and incident communication.
In partnership with business owners, facilitate regular vendor due diligence activities such as SOC 1 and/or SOC 2 reviews, risk assessments, quarterly scorecards, and other monitoring activities.
Prepare updates to management, including Board and Committee reporting.

Benefits

Competitive Pay
Bonus for Eligible Employees
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
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