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Lead Management Specialist, Operational Risk Management; Finance​/Financial Assets - Hybrid

Job in Cedar Rapids, Linn County, Iowa, 52404, USA
Listing for: Transamerica
Full Time position
Listed on 2025-12-31
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance
Job Description & How to Apply Below
Position: Lead Management Specialist, Operational Risk Management (Finance/Financial Assets) - Hybrid

Job Family

Operational Risk

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.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

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

Provide subject matter expertise in Finance/Financial Assets on the day-to-day execution of the Transamerica Operational Risk Management program to ensure appropriate risk considerations are in place and practiced across the company including the identification, assessment, monitoring, and reporting of key risks across the company business and technology landscape. Develop and maintain relationships with business and technology management across three lines of defense.

Job Description

Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.

Responsibilities
  • Deep subject-matter expertise in risks, controls, and in-depth understanding of the Finance/Financial Assets business.
  • Partner with business management to lead the execution of risk assessments across business groups.
  • Challenge current process design, identify areas for improvement, and recommend changes to supporting policies, procedures and control execution to increase efficiency and quality.
  • Lead risk issue management activities, including risk identification, root cause analysis, action plan status monitoring, and reporting of outcomes to management.
  • Collaborate and challenge process owners during the development of action plans to assess adequacy of actions taken by management.
  • Lead the execution of Risk & Control Self Assessments (RCSA) via review and challenge of inherent/residual risk scoring, risk mitigation, review control design and execution.
  • Collaborate with peers in the Risk Management function, and various partners and stakeholders throughout the organization (e.g. line and…
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