Lead Management Specialist, ORM (Operational Risk Management) - Hybrid
Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.
Responsibilities:
Deep subject-matter expertise in risks, controls, and a working understanding of the Corporate Services departments and how they support the business.
Partner with corporate services management to lead the execution of risk assessments across the varied departments and teams.
Challenge current process design, identify areas for improvement, and recommend changes to supporting policies, procedures and control execution to increase efficiency and quality.
Lead risk issue management activities, including risk identification, root cause analysis, action plan status monitoring, and reporting of outcomes to management.
Collaborate and challenge process owners during the development of action plans to assess adequacy of actions taken by management.
Lead the execution of Process Risk Assessments (PRAs) via review and challenge of inherent/residual risk scoring, risk mitigation, review control design and execution.
Collaborate with peers in the Risk Management function, and various partners and stakeholders throughout the organization (e.g. line and functional management, compliance, IT, Internal Audit).
Lead the execution of risk assessment activities across various organizational functions, programs, projects, processes, etc.
Navigate company Governance Risk & Compliance (GRC) tool (OneSumX) to record, update and report on various risk issues, risk events, action plans, etc.
Qualifications:
Bachelor’s degree in accounting, business, or relevant field
Eight years of experience working in operational risk management, internal controls, or other second-line oversight related environment
Progressive experience in operational risk management, internal controls, audit, risk management, or equivalent field
Deep understanding of corporate services functions, including legal, privacy, compliance, financial crime, facilities, corporate affairs
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
Strong risk and control background
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
PRMIA Operational Risk Management (ORM) Certificate or Professional Risk Manager (PRM™)
LOMA AIRC, ALMI, or FLMI designations
IIA Certification in Risk Management Assurance or Certified Internal Auditor
ACAMS – Certified Anti-Money Laundering Specialist
CCEP – Certified Compliance & Ethics Professional
Working Conditions:
Hybrid office environment: 3 days per week in office (Baltimore/Cedar Rapids/Denver/Philadelphia)
Moderate Travel (under 10%)
Compensation:
The Salary for this position generally ranges between $104,000 - $120,000 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.
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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.
Disclaimer:
Beware of fake job offers!
We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:
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Official offers are sent via DocuSign following a verbal offer—not through text or email.