Operational Risk Jobs in Iowa (NOW HIRING)

Job Family
Treasury, Capital Management and Asset Liability Management
About Us
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of 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
We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.
Today, we're part of an international holding company, 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.
We're empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good - for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.
What We Do
Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.
Transamerica employs nearly 7,000 people. It's part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.
Job Description Summary
The Senior Specialist, Treasury serves as a subject matter expert within the Treasury group, performing treasury and cash management functions. Applies financial knowledge and judgment to diverse and complex activities to validate the integrity of treasury functions. Leads cross-functional initiatives and supports a controlled, scalable treasury operations environment.
Job Description
Responsibilities

• Identify, coordinate, and oversee cross-treasury and financial operations projects across Treasury Operations, Accounts Payable, and Travel & Expense.
• Recommend and lead initiatives focused on process efficiencies, system upgrades and enhancements, testing, automation, reporting improvements, and operational risk reduction.
• Develop and maintain strong relationships with leaders, management, and cross-functional partners to implement policies and procedures, support business goals, and resolve issues effectively.
• Mentor team members and share treasury operations expertise to support knowledge transfer, skill development, and department effectiveness.
• Serve as a subject matter expert for cash management and daily treasury operations, including the Treasury Workstation, wire systems, funding, short-term investments, efficiency strategies, asset safeguards, and cost minimization.
• Review and understand assigned processes, identify opportunities for improvement, and develop effective solutions to ensure successful implementation, operational efficiency, accuracy, and alignment with business needs.
• Perform treasury operations processes with accuracy and efficiency in a tight deadline environment
• Partner with business and IT to create business requirements documents (BRDs) and procedural documentation.
• Demonstrate ownership, initiative, accountability, and sound judgment while managing multiple priorities in a fast-paced environment.
• Apply knowledge of wire processing rules, payment requirements, and banking practices to support accurate and compliant transaction execution.
• Troubleshoot and resolve complex treasury, banking, payment, AP, T&E, and file transmission issues in partnership with banks, technology teams, and internal business partners.
• Develop, maintain, and improve procedures, reporting, metrics, and operational controls to support a scalable and well-controlled payment environment.
• Maintain awareness of evolving treasury, banking, payment, AP, and expense management standards, including ISO 20022-related changes.

Qualifications

• Bachelor's degree in accounting or finance, or equivalent work experience
• Ten years of treasury or relevant experience
• In-depth knowledge of treasury operations
• Strong analytical and ability to resolve complex problems
• Strong written and verbal communication skills
• Excellent organizational skills
• Ability to work in a fast-paced, deadline-driven environment
• Advanced computer skills in MS Excel and financial business systems

Preferred Qualifications

• Banking, insurance, annuity, retirement services, or broader financial services industry experience.
• Certified Treasury Professional (CTP) designation preferred.
• Experience with treasury workstations, workflow tools, enterprise resource planning systems, system upgrades, testing, user acceptance testing, or implementation of treasury tools.
• Treasury banking knowledge or experience, including bank products, account structures, file transmissions, cash management services, and ISO 20022 payment messaging standards.
• Experience with short-term investment functions, including money market funds, commercial paper, or other short-term investment vehicles.
• Experience supporting internal controls, SOX compliance, audit readiness, or risk mitigation activities within treasury, banking, accounts payable, or financial operations.
• Project leadership experience involving cross-functional stakeholders, technology teams, and external banking partners.

Working Conditions

• Hybrid (In office Tuesdays, Wednesdays, and Thursdays)
• Occasional travel for business meetings and industry conferences (<10%)
• Periods of peak workload may require extended hours

Disclaimer:
Beware of fake job offers!
We've been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:

• We will never request personal information such as ID or payment for equipment upfront.
• Official offers are sent via DocuSign following a verbal offer-not through text or email.

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation 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

Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We're thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.
To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.
Giving Back
We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.
Transamerica's Parent Company
Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.
* As of December 31, 2023