Senior Operational Risk Manager (Hybrid)

Transamerica; Denver (CO); Hybrid; USD 108,000 - 135,000; Full time

Job summary

Transamerica is seeking an experienced Operational Risk professional to manage the first-line risk program within PS&SI. You will embed risk considerations into business operations and partner with stakeholders to maintain an effective risk profile.

The role emphasizes risk assessments, control testing, remediation, and the development of dashboards. A strong background in risk management and cross-functional collaboration is essential.

Qualifications

• Bachelor’s degree in accounting, finance, business, or a related field.
• Seven years of experience in risk management, operational risk management, internal controls, audit, or compliance.
• Experience managing or coordinating operational risk management, internal controls, audit, compliance, or governance activities.
• Experience conducting control testing and operating effectiveness assessments.
• Knowledge of risk management principles, including risk assessments, process flows, control evaluation, testing, monitoring, and remediation.
• Ability to present information and interact effectively with multiple levels of management.
• Strong judgment, problem-solving, and ability to prioritize multiple initiatives in a fast-paced environment.

Responsibilities

• Manage end-to-end business risk activities, including risk assessments, control evaluations, control 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

Presentation skills

Relationship-building

Attention to detail

Education

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

Job description

Transamerica is seeking an experienced Operational Risk professional to manage the first-line risk program within PS&SI. You will embed risk considerations into business operations and partner with stakeholders to maintain an effective risk profile.

The role emphasizes risk assessments, control testing, remediation, and the development of dashboards. A strong background in risk management and cross-functional collaboration is essential.