Director, Global Financial Risk Management

Transamerica; Maryland; Hybrid; USD 189,000 - 230,000; Full time

Job summary

Transamerica is seeking a Director of Global Financial Risk Management to lead and define the global risk strategy from Baltimore or Philadelphia in a hybrid role. The position emphasizes ALM, liquidity and credit risk oversight, and analytics across financial markets.

The ideal candidate possesses a 12-year background in risk management, strong leadership, data skills, and experience presenting to senior leadership.

Qualifications

• Bachelor’s degree in finance, actuarial, economics, mathematics or equivalent.
• 12 years of experience in risk management or related field.
• Knowledge of financial risk and risk analysis tools and methodologies.

Responsibilities

• Define global financial risk strategy and embed ALM standards across the organization.
• Develop financial risk roadmaps and enhance risk dashboard reporting capabilities.
• Develop and manage financial risk methodologies, analytics and tools; support measurement of markets, ALM and climate risk.
• Oversee liquidity and credit risk exposure; monitor risk appetite and key risk indicators.
• Analyze risk exposures and trends; escalate or manage risks with the first line.
• Serve as a financial risk SME; lead strategic initiatives with senior stakeholders.
• Provide coaching and development support to the global Financial Risk community.

Skills

Analytical skills

Data skills

Presentation to leadership

Attention to detail

Financial risk tools

Education

Bachelor’s degree in finance, actuarial, economics, mathematics

Tools

Risk analysis tools

Actuarial/investment certifications

Job description

Director, Global Financial Risk Management### Director, Global Financial Risk ManagementApply: Baltimore, Maryland: Philadelphia, Pennsylvania: Full time: Posted Yesterday: MG1071**Job Family**Financial 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 transamerica.com.**Job Description Summary**Provide leadership and direction to the global Financial Risk Management's department. Understand and articulate financial risk challenges, providing global expertise across financial risk management and Asset Liability Management**Job Description****Responsibilities*** Help define global financial risk strategy* Embed global ALM standards of practice; provide oversight of existing global ALM practices and initiatives* Develop financial risk roadmap and enhance risk dashboard reporting capabilities.* Develop and manage financial risk methodologies, analytics and tools, support measurement and monitoring of financial markets, ALM and the financial impacts of climate risk.* Provide oversight and challenge of liquidity and credit risk exposure; including monitoring of risk appetite and key risk indicators.* Analyze financial risk exposures and trends, draw conclusions from data and insights; determine risks to escalate or manage in collaboration with the first line.* Serve as a financial risk subject matter expert; lead strategically important initiatives and discussions with senior stakeholders.* Provide coaching and development support to team members and the global Financial Risk community.**Qualifications*** Bachelor’s degree in finance, actuarial, economics, mathematics or other analytical field* 12 years of experience in risk management, financial management or related specialization. Advanced degree or actuarial, data science or investment certifications may be substituted for up to three years of experience.* In-depth knowledge of financial risk and risk analysis tools* In-depth knowledge of assigned focus area, such as asset liability management, economic framework, derivatives, asset management, etc.* Knowledge across multiple business areas and related economics* Strong analytical and data skills* Ability to understand complex problems and frame appropriate questions* Ability to present and interact with leadership* Strong attention to detail and accuracy**Preferred Qualifications*** Actuarial, data science or investment certifications**Working Conditions*** 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 **Compensation**The salary for this position generally ranges between $189,000 - $230,000 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 of 30% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion. **Disclaimer:** *Beware of fake job offers!*We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note: We will **never** request personal information such as ID or payment for equipment upfront. Official offers are sent via **DocuSign** following a verbal offer—not through text or email.#LI-HR1*This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.*