Transamerica

Int Risk Governance Analyst

Philadelphia, Pennsylvania Full time

Job Family

IT - General

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 transamerica.com.  

Job Description Summary

The First Line Risk and Controls Team (FLRC) team enables and supports the senior leadership of Transamerica in implementing effective Operational & IT Risk Management. The FLRC is involved in the full risk lifecycle and governance; from initial tolerance setting, creating policies, facilitating risk & control self-assessments, monitoring issues & actions, etc. to maintaining supporting documentation and tooling, risk reporting and facilitating risk governance.

This position specifically works closely with FLRC Leads and other subject matter experts in management and oversight of the supporting risk assessments, including the lifecycle of risk acceptances. The role collaborates with key stakeholders across the three lines of defense to ensure that risks are identified, assessed, and mitigated where needed.

Job Description

Responsibilities

On a day-to-day basis, this position will perform responsibilities such as some or all of the following: 

  • Support intake, assessment, and renewal of Risk Acceptances (RAs). 

  • Collaborate with key stakeholders to perform risk assessment activities (such as Information Security and 2nd Line Riks). 

  • Maintain hygiene and accuracy in RA documentation and reporting. 

  • Facilitate risk items requiring governance/committee approval. 

  • Engage stakeholders proactively to manage the RA lifecycle. 

  • Support development and enforcement of SLAs for timely RA reviews. 

  • Understand data inputs, tolerances, and reporting expectations (including company references such as the risk taxonomy). 

  • Contribute to risk metrics and dashboards for governance visibility. 

  • Support the preparation, distribution, and maintenance of plans, instructions, guidance, and standard operating procedures. 

  • Maintain an understanding of company policies and frameworks. 

  • Perform adhoc technology risk assessments. 

 

Qualifications  

  • Bachelor’s degree in business or IT or equivalent knowledge/experience combination 

  • 2+ years of experience previous experience in one or more of the following roles: 2nd line ORM / IT Risk Mngt, Controls Tester, IT Auditing, IT Security, IT (process) Manager, IT Security, Architecture, IT Compliance Management, Business Continuity Management or combination of education and equivalent experience.  

Risk Management: 

  • Strong risk management knowledge 

  • Being able to facilitate risk assessments, explain risk lifecycle to stakeholders 

  • Being able to challenge stakeholders, get to the core of issues and risks 

  • Excellent communication skills in writing and communicating in clear concise manner, ability to document risks and controls 

  • Building strong relationships within various departments and across three lines of defense, and work in a multi-cultural and international environment 

  • Experience with Governance, Risk and Compliance (GRC) tooling 

 

Preferred Qualifications 

  • CRISC, CISA, CGEIT, COBIT, and/or COSO  

  • Experience working in a multi-national organization 

  • Experience working in insurance and/or finance industry 

 

Working Conditions  

  • This is a hybrid position requiring three days in office per week in one of our hub locations (Cedar Rapids, Denver and Philadelphia). Relocation assistance will not be provided for this position.

  • May require some work outside standard work schedule due to global support  

  • May require minimal travel for team meetings or training.  

**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.** 

 

Compensation: 

The Salary for this position generally ranges between $73,600 - $92,000 annually. Please note that 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 based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.  

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time. 

 

What You Receive: 

  • A Comprehensive Wealth + Health package.  

  • Wealth Benefits; Competitive Pay, Bonus, and Benefits Package 

  • Health and Work/Life Balance Benefits 

 

Our commitment to inclusion & diversity means that we value differences. We encourage the unique perspectives of persons and are dedicated to creating a respectful and inclusive work environment. 

 

What We Offer  

 

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

 

Compensation Benefits 

  • Competitive Pay 

  • Bonus for Eligible Employees 

 

Benefits Package 

  • Pension Plan 

  • 401k Match

  • Employee Stock Purchase Plan

  • Tuition Reimbursement

  • Disability Insurance

  • Medical Insurance

  • Dental Insurance

  • Vision Insurance

  • Employee Discounts

  • Career Training & Development Opportunities

 

Health and Work/Life Balance Benefits 

  • 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 year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

  • Adoption Assistance

  • Employee Assistance Program

  • College Coach Program

  • Back-Up Care Program

  • PTO for Volunteer Hours

  • Employee Matching Gifts Program

  • Employee Resource Groups

  • Inclusion and Diversity Programs

  • Employee Recognition Program

  • Referral Bonus Programs

 

Inclusion & Diversity  

 

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women. 

 

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all. 

   

Giving Back  

 

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.    

 

Transamerica’s Parent Company  

 

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has  grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.   

* As of December 31, 2023