Director, Model Risk Management (MRM) Analytics and Reporting

Transamerica; Northern (KY); Hybrid; USD 170,000 - 200,000; Full time

Job summary

Transamerica seeks a Director of Model Risk Management Analytics & Reporting to lead the MRM analytics platform and reporting across the enterprise. You will own data input, governance training, validation cycle planning, and risk analytics, partnering with BU stakeholders to embed a strong model risk culture.

The role requires a deep background in statistics or finance, strong communication, and experience with SQL and Python.

Qualifications

• Bachelor’s degree in statistics, economics, finance or relevant field.
• 10+ years of experience in model risk management or internal controls.
• Progressive leadership experience in model risk management or related field.

Responsibilities

• Own MRM platform data input, integrity and reporting.
• Train and support MRM governance and platform usage for BU teams.
• Provide analytics and reporting for model validation cycles and senior oversight committees.
• Maintain and evolve the model risk scoring process.
• Engage BU stakeholders to embed a stronger model risk culture.

Skills

Data analytics

SQL

Python

Communication

Leadership

Education

Bachelor’s degree in statistics, economics, finance

Master’s degree preferred

Tools

SQL

Python

R

Job description

## Director, Model Risk Management (MRM) Analytics and ReportingApply: Baltimore, Maryland: Philadelphia, Pennsylvania: Full time: Posted Today: MG1062**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 transamerica.com.**Job Description Summary**Serve as the leader for Transamerica Model Risk Management (MRM) Analytics & Reporting.**Job Description****Responsibilities*** 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**Qualifications*** 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**Preferred Qualifications*** Masters Degree in Business, Economics, or Finance* Strong knowledge and/or experience in the insurance or financial services industry**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* Travel as needed for internal meetings (<10%)**Compensation**The salary for this position generally ranges between $170,000 - $200,000 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 25% 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**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 EmployeesBenefits Package* Pension Plan* 401k Match* Employee Stock Purchase Plan* Tuition Reimbursement* Disability Insurance* Medical Insurance* Dental Insurance* Vision Insurance* Employee Discounts* Career Training & Development OpportunitiesHealth 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* 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