Senior Manager, Operational Risk & Controls

Transamerica; Cedar Rapids (IA); On-site; USD 110,000 - 150,000; Full time

Job summary

Transamerica in Cedar Rapids, Iowa, is seeking a dedicated Manager, Business Risk to lead the first-line risk program for the PS&SI portfolio. You will embed risk considerations into daily operations through assessments, control evaluations, testing, monitoring, remediation, and reporting, partnering with stakeholders to maintain a strong risk profile.

Responsibilities include coordinating risk issues, reviewing control designs and remediation plans with owners, and advising on risk matters.

Qualifications

• Bachelor’s degree in accounting, finance, business, or related field.
• Seven years of experience in risk management, internal controls, or related areas.
• Experience coordinating risk management, governance, regulatory, or compliance activities.
• Experience with control testing and operating effectiveness assessments.
• Strong analytical skills and ability to identify risk trends.
• Ability to present information to multiple levels of management.
• Excellent written and verbal communication skills.

Responsibilities

• Manage end-to-end risk activities including assessments, control evaluations, testing, monitoring, remediation, and identification of emerging risks and thematic risk trends.
• Support risk management activities for major PS&SI business initiatives, strategic projects, process changes, and transformation efforts by assessing potential risk impacts and mitigation strategies.
• Recommend process and control improvements to strengthen risk mitigation, operational efficiency, and quality outcomes.
• Coordinate risk issue activities, including identification, impact assessment, root cause analysis, action planning, validation, remediation tracking, and reporting.
• Review risk decisions, control designs, and remediation plans with process and business owners to ensure actions appropriately address identified risks.
• Advise business partners on risk matters and recommend practical approaches to support informed decision-making.
• Conduct process reviews and process mapping to identify documentation deficiencies, control gaps, new control needs, and automation opportunities.
• Develop and maintain risk dashboards and management reports to communicate key risk information and trends.
• Partner with stakeholders across operations, technology, compliance, legal, and second-line risk functions to promote a strong risk and control environment and address cross-functional risks and dependencies.
• May provide guidance, work direction, or subject matter support to less experienced team members.

Skills

Analytical skills

Communication skills

Attention to detail

Relationship-building

Time management

Education

Bachelor’s degree in accounting, finance, business, or related field

Job description

Transamerica in Cedar Rapids, Iowa, is seeking a dedicated Manager, Business Risk to lead the first-line risk program for the PS&SI portfolio. You will embed risk considerations into daily operations through assessments, control evaluations, testing, monitoring, remediation, and reporting, partnering with stakeholders to maintain a strong risk profile.

Responsibilities include coordinating risk issues, reviewing control designs and remediation plans with owners, and advising on risk matters.