Perform strategic compliance risk program design and oversight of investment and operational risk activities for the Transamerica Asset Management (TAM) suite of mutual funds, commodity pools, collective investment trusts, and exchange traded funds (ETFs) and separately managed accounts (SMA) program. Provide strategic and technical guidance to Risk leadership and evolve TAM risk assessment and related testing programs. Contributor to the success of multiple compliance programs designed to prevent, detect, and assist in resolving potential violations of federal securities laws and regulations for TAM, the funds for which TAM advises, and service providers.

*Candidate is expected to work a hybrid schedule in Denver, CO.

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 Exchange truView and BlackRock Aladdin
  • Leadership and project management skills
  • Excellent written and verbal communication skills
  • Outstanding critical-thinking and problem-solving skills
  • Advanced analytical, interpretive, and organizational skills
  • Familiarity with Office 365 and associated applications with the ability to assess/engage various technologies, including AI

             

Preferred Qualifications

  • Securities and/or compliance designations
  • Experience supporting retail separately managed account/wrap programs (SMAs)

Working Conditions

  • Office environment
  • Moderate travel


 

The Salary for this position generally ranges between $180,000-$200,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, 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 based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.