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Director, ORM Methodology and Reporting

Job in Baltimore, Anne Arundel County, Maryland, 21276, USA
Listing for: Transamerica
Full Time position
Listed on 2026-07-31
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 170000 - 195000 USD Yearly USD 170000.00 195000.00 YEAR
Job Description & How to Apply Below

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.

Job Family

Operational Risk

Who We Are

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.

What

We Do

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

Job Description Summary

As Transamerica continues to strengthen and evolve its Operational Risk Management (ORM) program, we are creating a new leadership opportunity to drive the next phase of our methodology and reporting capabilities. The Director of ORM Methodology and Reporting will play a pivotal role in shaping how operational risk is identified, assessed, monitored, and communicated across the enterprise.

This highly visible role will lead the development and enhancement of ORM methodologies, standards, and reporting practices, translating complex risk information into clear, decision-useful insights for senior leadership, risk committees, and the Board. The successful candidate will partner closely with business leaders and risk professionals across the organization to strengthen risk management practices, advance reporting capabilities, and support a resilient, risk‑aware culture.

This position offers a unique opportunity to help shape a growing function, influence enterprise risk strategy, and contribute to the continued maturity of Operational Risk Management at Transamerica.

Responsibilities
  • Provide strategic leadership for ORM methodology and standards, ensuring consistent, high‑quality execution of risk identification, assessment, monitoring, and reporting across the enterprise.
  • Own and evolve the operational risk policy, framework and underlying methodologies (e.g., RCSA/PRA, scenario analysis, KRIs, issue management, risk acceptance and risk reporting), aligning to regulatory expectations and leading industry practices.
  • Lead the development of enterprise and functional non-financial risk reporting, including quarterly risk profiles, dashboards, and forward‑looking risk insights that clearly articulate the “so what” for decision‑makers.
  • Translate complex risk information into compelling, audience‑appropriate narratives, effectively supporting discussions with business leaders, risk committees, executive management, and the Board.
  • Serve as a trusted advisor to Risk leadership, providing expert judgment on complex operational risk matters, control effectiveness, and risk…
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