Sr Director, Investment Compliance

Transamerica; Cedar Rapids (IA); Hybrid; USD 212,000 - 225,000; Full time

Benefits offered by this job

Comprehensive benefits package

401(k) Match

Employee Stock Purchase Plan

Tuition Reimbursement

Paid Time Off

Job summary

Transamerica is seeking a Compliance Leader for its investment advisory activities to ensure regulatory adherence and foster a strong compliance culture. This role mandates 12 years of experience in asset management compliance, with expertise in innovative investment strategies like private equity.

The position offers a hybrid working environment and a salary range of $212,000 to $225,000 annually, along with a comprehensive benefits package, including a bonus, 401(k) match, and paid time off.

Qualifications

• 12 years of asset management compliance experience required.
• Strong problem-solving and analytical capabilities.
• Ability to navigate ambiguity and drive results.

Responsibilities

• Design and maintain a compliance program for investment activities.
• Provide compliance oversight to ensure adherence to laws and policies.
• Lead and mentor compliance professionals.

Skills

Analytical skills

Leadership skills

Communication skills

Investment compliance expertise

Education

Bachelor’s degree or equivalent experience

Juris Doctor (preferred)

MBA (preferred)

Job description

Job Description Summary

Provides strategic leadership and direction in the design, implementation, and oversight of compliance programs supporting Transamerica Life Insurance Company’s general account investment activities within the Office of the Chief Investment Officer (OCIO), ensuring adherence to regulatory requirements and internal policies while promoting a strong culture of compliance and ethical conduct. This position is part of the compliance leadership team, supporting the build‑out of the Chief Investment Office and will report into the Enterprise Chief Compliance Officer.

Responsibilities

• Design, implement, and maintain a comprehensive compliance program for investment advisory activities over the general account in alignment with the National Association of Insurance Commissioners (NAIC) Investments of Insurers Model Act, Iowa Code Chapters 508/511, and New York Insurance Law.
• Establish and maintain written policies and procedures covering investment advisory, portfolio management, trading, conflicts of interest, personal trading, material nonpublic information (MNPI), information barriers, and post‑trade compliance.
• Provide independent compliance oversight to ensure adherence to applicable laws, regulations, and internal policies.
• Oversee and evaluate compliance monitoring and testing activities across investment functions, including the annual review of the derivatives use plan.
• Identify, escalation, and track remediation of compliance issues, regulatory findings, and control gaps.
• Partner with Legal, Risk Management, Internal Audit, and Enterprise Compliance to ensure alignment across the three lines of defense.
• Serve as a strategic compliance partner to senior investment leadership, fostering a culture of compliance, risk awareness, and ethical conduct.
• Lead, develop, and mentor compliance professionals, promoting accountability, performance, and continuous improvement.
• Drive efficiency and effectiveness through process improvements, data analytics, and technology‑enabled compliance solutions.

Qualifications

• Bachelor’s degree or equivalent experience
• 12 years of asset management compliance experience
• Expertise in investment compliance, including innovative investment strategies such as private equity, real estate, infrastructure, and alternative credit
• Strong analytical and problem‑solving skills
• Strong leadership and management skills
• Excellent interpersonal and written and verbal communication skills
• Ability to influence and collaborate with senior executives, investment professionals, and external stakeholders
• Ability to navigate ambiguity and drive results in a fast‑paced environment
• Aptitude with technology and compliance operations

Preferred Qualifications

• Juris Doctor
• MBA

Working Conditions

• Hybrid office environment: Baltimore/Cedar Rapids/Denver/Philadelphia
• Moderate travel for business meetings, conferences, and related activities

Compensation

• The Salary for this position generally ranges between $212,000 - $225,000 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.

Benefits

• For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well‑being of our employees.
• Competitive Pay
• Bonus for Eligible Employees
• Pension Plan
• 401(k) Match
• Employee Stock Purchase Plan
• Tuition Reimbursement
• Disability Insurance
• Medical Insurance
• Dental Insurance
• Vision Insurance
• Employee Discounts
• Career Training & Development Opportunities
• Paid Time Off starting at 160 hours annually for employees in their first year of service.
• Ten paid holidays per year (typically mirroring the New York Stock Exchange holidays).
• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
• Parental Leave – fifteen 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