Senior Regulatory Support Consultant

Senior Regulatory Support Consultant – Transamerica About Us

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.

Regulatory Compliance

We believe everyone deserves to live their best life. With a century of experience, we serve everyday people across the globe. We are part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.

Transamerica is organized into three distinct businesses:
World Financial Group, Protection Solutions and Savings & Investments, and Financial Assets. These are supported by Transamerica Corporate functions covering Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs.

Ensure compliance with statutory and regulatory guidelines for ERISA, Internal Revenue Code and other guidance requirements for qualified plans, Section 403(b) plans, 457 plans, multiple employer plans, corporate non‑qualified plans, IRAs, Section 72 annuities, and Transamerica policies and procedures. Work with clients, client’s counsel, consultants, agents, brokers and TPAs to identify and resolve plan compliance and fiduciary issues.

Propose and implement best practices for ERISA‑compliance plan administration. Advise internal administration teams about the impact of new developments and support the development of new products, services and processes. Provide proactive risk management and contribute to training staff on retirement plan regulatory matters.

• Research and analyze regulatory guidance from the IRS, DOL, SEC and other applicable agencies.
• Review and prepare plan analysis for new and existing clients, including issue identification, consulting on issue resolution, best practices and preparation of client communications, plan forms, and participant communications.
• Provide regulatory consulting services to regional offices, help desks, operational areas and the management team. Draft regulatory in‑house communications and assist with projects and internal meetings.
• Provide plan design support and assistance related to Transamerica’s prototype, volume submitter and individually designed plan documents.
• Provide primary consulting and coordination role for IRS EPCRS voluntary compliance submissions for clients and their counsel; interact with the IRS as necessary.
• Provide assistance to the Regulatory Support group and participate in formulation of department strategy.
• Assist in new product development.
• Assist in the development and delivery of regulatory training programs for Transamerica employees.
• Maintain a high level awareness of ongoing developments in the pension industry.
• Assist in special regulatory projects.
• Provide regulatory risk management internally and externally.

• Bachelor’s degree in a business‑related field or equivalent experience.
• Six years of retirement industry experience in legal, compliance or a similar setting.
• Thorough knowledge of legal requirements for qualified plans, Section 403(b) plans, Section 457 plans, multiple employer plans, corporate non‑qualified plans, IRA and Section 72 annuities and ERISA.
• Research and analytical skills to interpret IRS and DOL regulations and pension legislation.
• Communication skills (verbal, written, listening) to influence others and convey complex regulations in layman terms.
• Problem resolution skills, with an emphasis on analysis, formulation and documentation of recommendations; ability to develop alternative solutions to complex situations.
• Organization/time‑management skills to handle multiple projects simultaneously.

• J.D. degree.
• Retirement plan certification (e.g., ASPPA, CPC, ERPA, CEBS).

The salary for this position generally…