Sr. Regulatory Compliance Analyst - Investment Compliance (Hybrid)

Transamerica•Cedar Rapids, IA

1d•$85,000 - $95,000•Hybrid

About The Position

As a key member of the Investment Compliance department, the Sr. Regulatory Compliance Analyst contributes to the design, implementation, and execution of an effective investment compliance program supporting the Office of the Chief Investment Officer (CIO) and the General Account. The role mitigates legal, regulatory, operational, investment, and reputational risks by applying compliance, insurance regulatory, and investment management knowledge. It handles complex assignments involving investment activities, portfolio oversight, regulatory change management, compliance monitoring, testing, and advisory support. The analyst identifies emerging regulatory and investment risks, communicates findings to senior management, supports regulatory examinations and audits, and recommends practical enhancements to investment compliance controls, governance, and business practices. This is a hybrid position requiring three days in the office per week in Philadelphia or Cedar Rapids. Occasional travel may be required for team meetings, training, regulatory matters, examinations, audits, governance meetings, industry forums, or business partner support. Relocation assistance is not provided.

Requirements

Bachelor’s degree in business, legal studies, risk management, compliance, or a related field.
At least 5 years of regulatory compliance, insurance, securities, financial services, internal audit, risk management, testing, monitoring, or other relevant experience.
At least 2 years of experience in insurance, registered investment adviser, retirement, investment, financial crimes, consumer affairs, regulatory change management, testing and monitoring, or another financial services compliance function.
Experience working with business partners and stakeholders such as Investments, Risk, Legal, Compliance, Operations, Sales, Marketing, or product teams to support compliant business practices and process improvements.
Knowledge of applicable state insurance, NAIC, SEC, ERISA, DOL, IRS, AML, fraud, privacy, or other regulatory requirements relevant to assigned responsibilities.
Knowledge of regulatory compliance concepts, control testing, monitoring practices, policy and procedure review, issue identification, and remediation processes.
Ability to conduct complex research and analyze and interpret regulatory requirements, policies, procedures, data, and business processes to identify risks, issues, trends, and potential solutions.
Strong written and verbal communication skills, including the ability to clearly summarize complex information and communicate findings, recommendations, and regulatory expectations to varied audiences.
Analytical, critical-thinking, problem-solving, and organizational skills, with strong attention to detail and accuracy.
Ability to manage multiple priorities, deadlines, reviews, requests, and projects with minimal supervision.
Proficiency using Microsoft Office tools.
Legal authorization to work in the United States without immigration-related employment authorization sponsorship.

Nice To Haves

Experience using the Aladdin guideline monitoring system.
FINRA securities registrations, state insurance licenses, compliance certifications, or industry designations relevant to assigned responsibilities.

Responsibilities

Own assigned investment compliance monitoring, surveillance, testing, regulatory change management initiatives, and compliance projects from planning through remediation.
Develop and execute risk-based monitoring and testing programs to assess adherence to investment guidelines, portfolio restrictions, regulatory requirements, and internal policies.
Review investment activities, portfolio management practices, trading activity, investment operations, valuation processes, controls, policies, and procedures for compliance with regulatory requirements, investment guidelines, and company standards.
Research and interpret laws, regulations, accounting standards, regulatory guidance, and industry developments, including New York and Iowa insurance investment regulations and NAIC guidance, and assess their potential impact on General Account investment activities.
Identify emerging investment compliance risks, regulatory developments, control deficiencies, and governance gaps across General Account investment activities, and recommend improvements.
Coordinate assigned aspects of regulatory examinations, state insurance department reviews, audits, risk assessments, inquiries, investigations, and other investment compliance reviews.
Facilitate information requests, assess documentation, draft responses, track findings, and support remediation efforts.
Document testing procedures, results, assessments, findings, recommendations, and corrective action plans; track remediation and collaborate with relevant business and control functions to achieve sustainable resolution.
Draft, review, maintain, and enhance investment compliance policies, procedures, standards, monitoring reports, testing documentation, regulatory inventories, issue logs, investment guideline inventories, committee materials, and other governance documentation.
Advise investment professionals and business partners on investment regulatory requirements, portfolio compliance obligations, investment guideline interpretation, control design, new investment strategies, and regulatory expectations.
Contribute to the investment compliance framework, including governance, compliance risk assessments, monitoring programs, surveillance, training, policies, procedures, and regulatory change management.
Represent Investment Compliance on committees, working groups, and strategic initiatives involving asset classes, investment vehicles, derivatives, private investments, external managers, strategies, operational changes, technology implementations, regulatory developments, and control enhancements.
Assist the Head of Investment Compliance with leadership and subject matter expertise on complex matters, mentor junior compliance professionals, promote knowledge sharing, and support the development of the General Account investment compliance function.

Benefits

Competitive pay.
Annual bonus eligibility for eligible employees, 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 fifteen days per calendar year for eligible employees with at least one year of service at the time of a qualifying birth or child placement.
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.