Own and evolve the operational risk policy, framework and underlying methodologies (e.g., RCSA/PRA, scenario analysis, KRIs, issue management, risk acceptance and risk reporting), aligning to ...
Own and evolve the operational risk policy, framework and underlying methodologies (e.g., RCSA/PRA, scenario analysis, KRIs, issue management, risk acceptance and risk reporting), aligning to ...
Senior Analyst, ORM
Cedar Rapids, IA · Hybrid
$80K - $95K/yr
Participate in the execution of Risk & Control Self Assessments (RCSA). * Participate in and support management control testing efforts. * Collaborate with peers in the Risk Management function, and ...
Senior Analyst, ORM
Cedar Rapids, IA · Hybrid
$80K - $95K/yr
Participate in the execution of Risk & Control Self Assessments (RCSA). * Participate in and support management control testing efforts. * Collaborate with peers in the Risk Management function, and ...
Senior Analyst, ORM
Cedar Rapids, IA · On-site
$80K - $95K/yr
Participate in the execution of Risk & Control Self Assessments (RCSA). * Participate in and support management control testing efforts. * Collaborate with peers in the Risk Management function, and ...
Senior Analyst, ORM
Cedar Rapids, IA · On-site
$80K - $95K/yr
Participate in the execution of Risk & Control Self Assessments (RCSA). * Participate in and support management control testing efforts. * Collaborate with peers in the Risk Management function, and ...
Rcsa information
What are the key skills and qualifications needed to thrive in the Rcsa position, and why are they important?
To excel as an RCSA (Risk and Control Self-Assessment) professional, you need a strong background in risk management, internal controls, auditing, and compliance, often supported by a relevant bachelor’s degree and certifications such as CRSA, CIA, or CISA. Familiarity with risk assessment tools, GRC (governance, risk, and compliance) software, and data analytics platforms is frequently required. Strong analytical thinking, attention to detail, and effective communication are vital soft skills for this role. These skills and qualifications help ensure thorough risk identification, accurate process evaluation, and the development of effective mitigation strategies within an organization.
What are some common daily responsibilities for an RCSA professional?
As an RCSA professional, your typical day involves facilitating risk assessment workshops, evaluating existing controls, and documenting processes to identify potential risk areas. You'll regularly collaborate with different business units to gather relevant information and ensure that all assessments are comprehensive and up to date. Preparing detailed reports, monitoring remediation activities, and presenting findings to management are also key components of the role. This work ensures your organization maintains strong internal controls and is well-prepared for both internal and external audits.
What is an RCSA job?
An RCSA (Risk and Control Self-Assessment) job involves identifying, assessing, and mitigating risks within an organization. Professionals in this role work to ensure regulatory compliance, improve internal controls, and minimize operational risks. They collaborate with various departments to evaluate risk exposure and implement corrective actions. RCSA analysts often develop risk management frameworks and report findings to senior management. This role is essential in financial institutions, insurance companies, and other regulated industries.

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 3 days ago
Job description
Job Family
Operational RiskAbout 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
As Transamerica continues to strengthen and evolve its Operational Risk Management (ORM) program, we are creating a new leadership opportunity to drive the next phase of our methodology and reporting capabilities. The Director of ORM Methodology and Reporting will play a pivotal role in shaping how operational risk is identified, assessed, monitored, and communicated across the enterprise.This highly visible role will lead the development and enhancement of ORM methodologies, standards, and reporting practices, translating complex risk information into clear, decision-useful insights for senior leadership, risk committees, and the Board. The successful candidate will partner closely with business leaders and risk professionals across the organization to strengthen risk management practices, advance reporting capabilities, and support a resilient, risk-aware culture.
This position offers a unique opportunity to help shape a growing function, influence enterprise risk strategy, and contribute to the continued maturity of Operational Risk Management at Transamerica.
Job Description
Responsibilities
- Provide strategic leadership for ORM methodology and standards, ensuring consistent, highquality execution of risk identification, assessment, monitoring, and reporting across the enterprise.
- Own and evolve the operational risk policy, framework and underlying methodologies (e.g., RCSA/PRA, scenario analysis, KRIs, issue management, risk acceptance and risk reporting), aligning to regulatory expectations and leading industry practices.
- Lead the development of enterprise and functional non-financial risk reporting, including quarterly risk profiles, dashboards, and forwardlooking risk insights that clearly articulate the "so what" for decisionmakers.
- Translate complex risk information into compelling, audienceappropriate narratives, effectively supporting discussions with business leaders, risk committees, executive management, and the Board.
- Serve as a trusted advisor to Risk leadership, providing expert judgment on complex operational risk matters, control effectiveness, and risk acceptance decisions.
- Oversee governance and execution of risk issue management, including identification, root cause analysis, remediation challenge, progress tracking, escalation, and clear reporting of outcomes.
- Embed ORM methodology into major business and technology initiatives, ensuring risks are proactively identified, assessed, and transparently communicated throughout the initiative lifecycle.
- Provide secondline challenge to process design and control effectiveness, recommending enhancements to policies, procedures, and controls that improve resilience, execution quality, and efficiency.
- Own adherence to the Global Operational Risk Management policy and framework, ensuring consistent execution of core ORM activities and effective use of enabling tools and systems.
- Build and maintain strong relationships with senior stakeholders and global ORM counterparts, promoting best practices, continuous improvement, and a strong, riskaware culture across the organization.
Qualifications
- Bachelor's degree in accounting, finance, or relevant field
- 12 years of experience in operational risk management or internal controls, or equivalent management experience in an operational role with strong knowledge of operational risk management or internal controls
- Progressive leadership experience in operational risk management, internal controls, audit, or relevant field
- In-depth knowledge and hands on experience with risk management principles and techniques including development of process flows, identification and assessment of risks and controls, testing and monitoring procedures, and development of related metrics.
- Analytical skills to identify risk trends and changing risk levels
- Ability to work in a fast-paced organization and prioritize multiple initiatives
- Strong attention to detail and accuracy
- Ability to use sound judgment to resolve issues and facilitate progress against objectives
- Ability to present and interact with various levels of management
- Ability to build relationships with people at all levels
- Excellent oral/written communication skills
Preferred Qualifications
- Strong knowledge and/or experience in the insurance or financial services industry
- CPA
- CIA
- CISA
Working Conditions
- This is a hybrid position requiring three days (Tuesday-Thursday) in office per week in one of our hub locations (Cedar Rapids, Baltimore, or Denver).
- Relocation assistance will not be provided for this position
- Moderate Travel 10 to 25%
- Travel to conduct risk activities
Compensation
The salary for this position generally ranges between$170,000 - $195,000 annually.Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors includingqualifications, 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 of 25% based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.
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 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