Director, Model Risk Management; MRM) Analytics and Reporting

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.

Operational Risk

Serve as the leader for Transamerica Model Risk Management (MRM) Analytics & Reporting.

• Functional ownership of the MRM platform including data input, data integrity & completeness and platform-based reporting
• Responsible for supporting BU teams with respect to:
• MRM governance training, compliance, and reporting
• MRM Platform training
• Model Validation Cycle planning & reporting
• Model Risk analytics & reporting
• Help design and prepare reporting materials for senior oversight committees and other stakeholders as needed
• Administer, analyze, maintain and evolve MRM’s model risk scoring system/process
• Support the model validation team with analytics & reporting as needed
• Help manage relationships with key BU stakeholders to drive and embed an enhanced model risk culture

• Bachelor’s degree in statistics, economics, finance, or relevant field
• 10+ years of experience in model risk management or internal controls, or equivalent management experience in an operational role with strong knowledge of model risk management or internal controls
• Progressive leadership experience in model risk management, internal controls, or relevant field
• Excellent oral/written communication skills
• Comfortable with data analytics and communicating with charts & graphs
• Experience with databases and SQL
• Experience with coding in Python, R or other statistical modeling language
• Ability to work in a fast-paced organization and prioritize multiple initiatives
• Strong attention to detail and accuracy

• Masters Degree in Business, Economics, or Finance
• Strong knowledge and/or experience in the insurance or financial services industry

• This is a hybrid position requiring three days (Tuesday-Thursday) in office per week in one of our hub locations (Baltimore or Philadelphia).
• Relocation assistance will not be provided for this position
• Travel as needed for internal meetings.

The salary for this position generally ranges between $170,000 - $200,000 annually. The salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus of 25% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

• 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…