Lead Internal Controls Analyst (Hybrid)

Aegon; United States; Hybrid; USD 103,000 - 125,000; Full time

Benefits offered by this job

Annual bonus

Hybrid work arrangement

Job summary

Transamerica is seeking a seasoned professional to support the day-to-day execution of the Business Controls program in the first line of defense.

You will test controls to ensure they are designed and operating effectively to meet regulatory and risk management objectives for SOX and operational reviews.

Qualifications

• Bachelor’s degree in accounting or relevant field.
• Seven years of experience in internal controls, audit or risk management within financial services.
• Ability to document and verbally communicate financial reporting processes clearly, including assessment of design and operating effectiveness of controls.
• Strong communication to educate/raise awareness of internal control frameworks.

Responsibilities

• Test and review controls in support of the first line of defense and SOX program.
• Facilitate external audits (e.g. SOC) and respond to auditor questions.
• Identify risks, controls, gaps and improvement opportunities.
• Evaluate control design and recommend improvements.

Skills

Internal controls

Audit

Risk management

Documentation

Education

Bachelor’s degree in accounting or relevant field

Job description

Responsible for supporting the day-to-day execution of the Transamerica Business Controls program within the first line of defense. Testing controls to determine if they are designed and operating in a manner that achieves the company’s regulatory and risk management objectives in support of both SOX and Operationally focused reviews. Supporting our external auditors by collecting and reviewing requested evidence. Assisting in the design and enhancement of controls in response to actual and conceptual risk events.

Responsibilities

• Perform testing, and in some cases review the testing of others, in support of first line of defense control evaluate program and Transamerica SOX program.
• Facilitate external audits (e.g. SOC) by pulling populations and support, and answering questions form external auditors
• Support process reviews to identify risks, controls, control gaps, and control enhancement opportunities.
• Evaluate the design of internal controls and make recommendations for improvement.
• Identify control gaps and opportunities for control enhancement in response to actual and conceptual risks identified
• As appropriate, partner and liaise with external auditors to plan and implement an assessment of the control environment, coordination of timing and execution of process walkthroughs, and a process for timely sharing of potential issues for resolution with respect to internal controls.
• Build and maintain relationships with stakeholders, keeping them informed of testing progress and findings.
• Collaborate with business management in development of action plans to assess the adequacy of action taken by management to correct reporting deficient conditions, accepting adequate corrective action and continuing reviews with appropriate management on action considered inadequate until satisfactory resolution.
• Support the tracking of control deficiencies and perform validation and closure of control issues.
• Conduct control walk throughs and help identify and understand impacts of applicable risks and related controls as part of risk assessment programs.
• Assist the business in understanding the control implications resulting from changes to people, process, technology.
• Provide support for special projects and initiatives
• Document process flows, with a focus on internal controls.

Qualifications

• Bachelor’s degree in accounting or relevant field, or equivalent work experience.
• Seven years of experience in internal controls, audit or risk management within the financial services industry.
• In-depth experience working on internal audits and/or operational risk assessments.
• Ability to document and verbally communicate financial reporting processes in a clear and concise manner, including assessment of design and operating effectiveness of controls.
• Communication skills to educate/raise awareness of foundational elements/methodologies needed to support an internal control framework.

Preferred Qualifications

• CPA
• Big 4 public accounting experience working with controls within the Sarbanes-Oxley environment.

Working Conditions

• Hybrid (In Office; Tuesdays, Wednesdays, Thursdays)

The Salary for this position generally ranges between $103,000 - $125,000 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.

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.