Senior Internal Controls Analyst

Job Family

Business Control & Financial Planning

About Us 

 

At Transamerica, hard work, 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. 

    

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information,  visit www.transamerica.com. 

 

Who We Are 

  

Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services. 

 

What We Do 

 

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology). 

Job Description Summary

Responsible for assisting in the building and maturation of the Transamerica Asset Management (TAM) internal controls program within the first line of defense. Responsible for the identification, design, assessment, and management of key controls and processes within TAM and to ensure the business procedures and/or financial controls are in compliance with applicable regulatory and corporate standards and practices. Develop and maintain relationships with appropriate business management and process owners, as well as risk management personnel (second line of defense).

Job Description

Responsibilities:

• Consult on the design and development of internal controls and processes and make recommendations for improvement and efficiency.

• Assist in documenting financial/accounting/actuarial/operational process flows and procedures.

• Aid in the development and implementation of goals, policies, priorities and procedures relating to internal controls over financial reporting.

• Support the execution of management’s risk assessment and scoping activities to ensure proper risk identification, process mapping and controls linkage for a sustainable internal control framework.

• Collaborate with business owners in the identification of control gaps/processes weaknesses, and aid in the development of corrective action and risk mitigation plans.

• Partner with the second line the in development and implementation of a system to capture and track control deficiencies, as well as internal and external audit findings to resolution.

• Work 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.

• Prepare updates to management, to include project and Board reporting.

Qualifications:

• Bachelor’s degree in accounting or relevant field, or equivalent work experience.

• Typically five years of experience in internal controls, audit or risk management within the financial services industry. 

• 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