Transamerica

Senior Manager, Operational Risk – Investment & Asset Management

Transamerica

full-time

Posted on:

Location Type: Hybrid

Location: Cedar Rapids • Colorado • Iowa • United States

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Salary

💰 $135,000 - $180,000 per year

Job Level

Senior

About the role

  • Partner closely with the Investment Office to deliver independent, forward-looking operational risk assessments across business activities, programs, and initiatives.
  • Serve as a trusted advisor and operational risk subject matter expert, providing credible challenges and practical guidance to investment leadership and management.
  • Shape and advance the operational risk strategy for the Investment Office, including annual priorities, objectives, and risk maturity goals.
  • Lead enterprise grade Process Risk Assessments, translating results into clear, actionable insights for senior leadership.
  • Own the end-to-end lifecycle of risk issue management, from identification and root cause analysis through action tracking, escalation, and outcome reporting.
  • Develop and maintain the quarterly Investment Office operational risk profile, highlighting key risk themes, trends, and emerging exposures.
  • Challenge the design and effectiveness of processes and controls, recommending enhancements that improve resilience, efficiency, and execution quality.
  • Assess the adequacy of management decisions and actions through a risk lens, providing independent oversight and constructive challenges.
  • Drive adherence to the Global Operational Risk Management framework, including risk assessments, KRIs, scenario analysis, and risk reporting.
  • Collaborate across Risk, Compliance, IT, Internal Audit, and global ORM partners to strengthen risk practices, share insights, and embed a strong risk culture.

Requirements

  • Bachelor's degree in finance, Accounting, Economics, or a related discipline
  • Ten years of experience in investment operations, asset management or a related second-line risk role within financial services or insurance
  • Deep understanding of investment management activities, including portfolio management, trading operations, asset servicing, valuation and investment data flows
  • Proven ability to provide independent challenges and credible advisory support to investment management and senior stakeholders
  • Experience partnering across control functions (Compliance, IT, Finance, Internal Audit) and influencing outcomes without direct authority
  • Strong risk reporting expertise, including development of quarterly risk profiles, executive dashboards, and clear risk narratives for senior leadership and governance forums
  • Excellent written and verbal communication skills, with the ability to translate complex risk concepts into clear, decision-useful insights.
  • Ability to work in a fast-paced organization and prioritize multiple initiatives
  • Ability to present and interact with various levels of management and build relationship with peoples at all levels
Benefits
  • Competitive Pay
  • Bonus for Eligible Employees
  • Benefits Package
  • Pension Plan
  • 401k Match
  • Employee Stock Purchase Plan
  • Tuition Reimbursement
  • Disability Insurance
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Employee Discounts
  • Career Training & Development Opportunities
  • Health and Work/Life Balance Benefits
  • Paid Time Off starting at 160 hours annually for employees in their first year of service.
  • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
  • Parental Leave – fifteen (15) 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
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
operational risk assessmentsrisk issue managementroot cause analysisrisk reportingportfolio managementtrading operationsasset servicingvaluationinvestment data flowsrisk maturity goals
Soft Skills
trusted advisorindependent challengescredible advisory supportinfluencing outcomesexcellent written communicationexcellent verbal communicationrelationship buildingprioritizationcollaborationconstructive challenges