Sr. Regulatory Compliance Analyst - Investment Compliance (Hybrid)

Transamerica • Philadelphia, PA

1d • 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 involves complex assignments across 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 each week at a hub location 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. Applicants must be legally authorized to work in the U.S. without immigration-related sponsorship.

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 other financial services compliance functions.
• Experience working with business partners, Investments, Risk, Legal, Compliance, Operations, Sales, Marketing, product teams, or other stakeholders 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 research, analyze, and interpret complex 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 explain 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 U.S. without the need for 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 based on 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 applicable requirements and company standards.
• Research, analyze, and interpret current, new, and proposed laws, regulations, accounting standards, regulatory guidance, and industry developments, including New York and Iowa insurance investment regulations and NAIC guidance.
• Identify emerging investment compliance risks, regulatory developments, control deficiencies, and governance gaps affecting General Account investment activities, and recommend control, oversight, and governance enhancements.
• Coordinate assigned aspects of regulatory examinations, state insurance department reviews, internal and external 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, compliance assessments, findings, recommendations, and corrective action plans.
• Track remediation activities and collaborate with CIO Office, Audit, Risk Management, Legal, Accounting, Valuation, Treasury, and Operations teams to ensure sustainable resolution of issues.
• Draft, review, maintain, and enhance investment compliance policies, procedures, standards, monitoring reports, testing documentation, regulatory inventories, issue logs, investment guideline inventories, committee materials, and 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 developing and enhancing the investment compliance framework, including governance processes, compliance risk assessments, monitoring programs, surveillance capabilities, training initiatives, 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, investment strategies, operational changes, technology implementations, regulatory developments, and control enhancements.
• Assist the Head of Investment Compliance with leadership and subject matter expertise on complex investment compliance 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 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
• Holistic wellness program with wellness coaching and reward dollars
• Paid parental leave for eligible employees
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior