Senior Director, Compliance – Transamerica AM

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.

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.
* Provide strategic direction and oversight to risk manager relating to the operational, liquidity, and derivatives compliance risk programs designed to comply with the Investment Company Act Rule 38a-1, Investment Advisers Act Rule 206(4)-7, and applicable related regulatory requirements. Develop and assist in the preparation of reports for the TAM Chief Compliance Officer concerning these programs.
* Direct and assign projects and provide guidance to senior managers, managers, and other compliance staff to improve the efficiency of the department and the management of firm risks.
* Identify, analyze, and resolve compliance risk issues. Manage highly complex compliance matters.
* Recommend and develop corrective action or revisions to policies and procedures based upon findings from internal audits, compliance reviews, regulatory examinations, investigations, rule changes and/or industry trends. Advise Chief Compliance Officer of regulatory risks, gaps, and problem situations; implement and lead corrective actions.
* Lead training initiatives including creating and delivering employee training regarding regulatory compliance requirements.
* Assist the CCO and Deputy CCO to develop, maintain and update compliance policies and procedures for multiple compliance activities, including drafting and review to ensure compliance with SEC regulations and TAM practices.
* Develop, lead, and manage compliance program responsibilities including monitoring, testing, annual reviews, and tracking.
* Direct and manage compliance projects and initiatives involving business line senior managers; provide compliance guidance and advice.
* Oversee and administer anti-money laundering, sanctions, and anti-fraud programs for TAM, the registered investment companies and the transfer agent.
* Lead regulatory examinations and audits as assigned by the Chief Compliance Officer.
* Work with multiple functions, units, or locations within the division/business unit to develop cost effective and common solutions to achieve regulatory compliance on a division-wide basis.
* Represent the company on industry committees and company-wide projects regarding various risk issues.
* Bachelor’s degree in finance, business, or relevant field, or equivalent experience
* 12 years of progressive compliance and risk experience with a large and diverse investment company organization, including five years of experience in risk management functions
* Extensive knowledge and understanding of Investment Company and Adviser Acts, Mutual Fund, ETF and advisory account compliance regulations, programs, and best practices
* Significant experience in risk assessment and developing testing programs
* Understanding of GIPS performance standards
* Proficient with risk analytics applications such as State Street Global Exchange truView and Black Rock Aladdin
* Leadership and project management skills
* Excellent written and verbal communication skills
* Outstanding critical-thinking and problem-solving skills
* Advanced analytical, interpretive, and organizational skills
* Familiarity with Office 365 and associated applications with the ability…