Senior Director, Compliance – Transamerica AM

Job Description Summary

At Transamerica Asset Management, high performance, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by 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:

Today, we’re part of an international holding company, Aegon, 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.

Transamerica Asset Management (TAM) is a division within Aegon Asset Management, an active global asset management firm with investment capabilities that span public and private markets across asset classes, sharing a common belief in fundamental, research-driven active management.

What we do:

TAM’s vision is to be a valued asset manager by growing a profitable, scalable investment platform that connects the right solutions to our clients’ needs. We provide active fixed income and differentiated equity strategies by following our Investor First process and leveraging the capabilities of our suite of sub-advisers. Our business encompasses approximately $65 billion of net assets under management; consisting of variable insurance funds, retail mutual funds, ETFs, collective investments trusts and other assets.

Job Description

PLEASE NOTE: This is a hybrid role, where the employee is expected to work a hybrid schedule in our Denver office.

Responsibilities:

• Provide strategic direction and oversight to risk manager relating to the operational, liquidity, and derivatives compliance risk programs designed to comply with the Investment Company Act Rule 38a-1, Investment Advisers Act Rule 206(4)-7, and applicable related regulatory requirements. Develop and assist in the preparation of reports for the TAM Chief Compliance Officer concerning these programs.
• Direct and assign projects and provide guidance to senior managers, managers, and other compliance staff to improve the efficiency of the department and the management of firm risks.
• Identify, analyze, and resolve compliance risk issues. Manage highly complex compliance matters.
• Recommend and develop corrective action or revisions to policies and procedures based upon findings from internal audits, compliance reviews, regulatory examinations, investigations, rule changes and/or industry trends. Advise Chief Compliance Officer of regulatory risks, gaps, and problem situations; implement and lead corrective actions.
• Lead training initiatives including creating and delivering employee training regarding regulatory compliance requirements.
• Assist the CCO and Deputy CCO to develop, maintain and update compliance policies and procedures for multiple compliance activities, including drafting and review to ensure compliance with SEC regulations and TAM practices.
• Develop, lead, and manage compliance program responsibilities including monitoring, testing, annual reviews, and tracking.
• Direct and manage compliance projects and initiatives involving business line senior managers; provide compliance guidance and advice.
• Oversee and administer anti-money laundering, sanctions, and anti-fraud programs for TAM, the registered investment companies and the transfer agent.
• Lead regulatory examinations and audits as assigned by the Chief Compliance Officer.
• Work with multiple functions, units, or locations within the division/business unit to develop cost effective and common solutions to achieve regulatory compliance on a division-wide basis.
• Represent the company on industry committees and company-wide projects regarding various risk issues.

Qualifications:

• Bachelor’s degree in finance, business, or relevant field, or equivalent experience.
• 12 years of progressive compliance and risk experience with a large and diverse investment company organization, including five years of experience in risk management functions.
• Extensive knowledge and understanding of Investment Company and Adviser Acts, Mutual Fund, ETF and advisory account compliance regulations, programs, and best practices.
• Significant experience in risk assessment and developing testing programs.
• Understanding of GIPS performance standards.
• Proficient with risk analytics applications such as State Street Global.