Lead Compliance Analyst (Broker-Dealer, Investment Advisor, Insurance Agency)

Transamerica; Baltimore (MD); On-site; USD 90,000 - 100,000; Full time

Job summary

An established industry player is seeking a Lead Compliance Analyst to mitigate legal exposure and enforce regulatory requirements. This vital role demands a critical thinker who can independently manage complex tasks and collaborate across departments. The analyst will assess key business processes, develop risk matrices, and ensure compliance with SEC and FINRA rules. Join a forward-thinking company that values diversity and offers a comprehensive benefits package, including health and retirement plans, while fostering an inclusive culture. This is an exciting opportunity to contribute to a team dedicated to helping individuals achieve financial freedom.

Benefits

Comprehensive Health Benefits

Retirement Plans

Wellness Programs

Parental Leave

Diversity Initiatives

Qualifications

• Bachelor’s degree or equivalent experience required.
• Knowledge of securities, retirement, and insurance products is a plus.

Responsibilities

• Collaborate across departments to perform oversight testing and improve processes.
• Evaluate and document test results; identify enhancements and remedial actions.

Skills

Analytical Skills

Problem-Solving Skills

Communication Skills

Organizational Skills

Knowledge of Regulatory Requirements

Education

Bachelor's Degree

Tools

Microsoft Office

Job description

Job Family

Regulatory Compliance

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: 1) World Financial Group, including Transamerica Financial Advisors; 2) Protection Solutions and Savings & Investments, comprising 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 covering Communications, Brand, and Government and Policy Affairs.

Transamerica employs nearly 7,000 people. It’s part of Aegon, an international financial services group serving approximately 23.9 million customers worldwide. For more information, visit transamerica.com.

Job Description Summary

The Lead Compliance Analyst plays a crucial role in mitigating legal exposure and risk to the organization by enforcing company policies, procedures, and regulatory requirements. We seek a critical thinker and problem-solver who can apply broad knowledge to various circumstances, work independently with latitude for un-reviewed actions or decisions, and perform complex assignments as directed.

Job Responsibilities

1. Collaborate across departments to perform oversight testing and reimagine departmental work processes, utilizing analytical, investigative, and problem-solving skills.
2. Participate in implementing and executing risk assessments and testing programs, including compliance testing per SEC and FINRA rules.
3. Assess key business processes, risks, and controls; develop and update the company's risk matrix.
4. Document testing plans and procedures; execute testing of procedures and controls.
5. Evaluate, document, and present test results; identify enhancements and remedial actions.
6. Work with Legal, Operations, and Finance teams to address regulatory matters and respond to regulatory requests.
7. Research and interpret current and proposed regulations; prepare the organization for compliance.
8. Oversee service providers through diligence as determined by the CCO and Legal/Compliance department.
9. Analyze data for trends, opportunities for improvement, and compliance issues.
10. Review policies and procedures; recommend and implement controls.
11. Conduct oversight testing for state insurance compliance.
12. Identify issues from compliance examinations; follow up on resolutions.
13. Assist with regulatory filings like Form ADV.
14. Provide training on compliance obligations and regulatory changes.
15. Support business partners in supervisory responsibilities.

Minimum Qualifications

• Bachelor’s degree or equivalent experience.
• Knowledge of securities, retirement, and insurance products is a plus.
• Understanding of regulatory requirements such as Investment Advisers Act, FINRA rules, and state insurance laws is preferred.
• FINRA licenses (Series 7 & 24 or Series 6 & 26) are preferred; unlicensed candidates are expected to obtain within 6 months.
• Strong integrity, communication, organizational, analytical, and problem-solving skills.
• Ability to work independently and as part of a team; proficient in Microsoft Office.

Working Conditions

Office environment. Salary range: $90,000–$100,000 annually, based on qualifications and other factors. Eligible for annual bonus.

What We Offer

Comprehensive benefits including health, retirement, wellness programs, parental leave, and diversity initiatives.

Inclusion & Diversity

We foster an inclusive culture with Employee Resource Groups and recognition programs, acknowledged by various diversity indices.

Giving Back

The Aegon Transamerica Foundation supports community nonprofits through grants and volunteer efforts.

Parent Company

Aegon, acquired Transamerica in 1999, serving over 23.9 million customers worldwide with a focus on environmental and social responsibility. *As of December 31, 2023