Senior Regulatory Compliance Analyst - Investment Compliance

Job Family

Regulatory Compliance

Job Description Summary

As a key member of the Investment Compliance department, contribute to the design, implementation, and execution of an effective investment compliance program supporting the Office of the Chief Investment Officer (CIO) and the General Account. Mitigate legal, regulatory, operational, investment, and reputational risks through the application of compliance, insurance regulatory, and investment management knowledge. Perform complex assignments involving investment activities, portfolio oversight, regulatory change management, compliance monitoring, testing, and advisory support. Identify emerging regulatory and investment risks, communicate findings to senior management, support regulatory examinations and audits, and recommend practical enhancements that strengthen investment compliance controls, governance, and business practices.

Job Description

Responsibilities:

• Own assigned investment compliance monitoring, surveillance, testing, regulatory change management initiatives, and compliance projects from planning through remediation. Develop and execute risk-based monitoring and testing programs designed to assess adherence to applicable investment guidelines, portfolio restrictions, regulatory requirements, and internal policies.
• Perform reviews of investment activities, portfolio management practices, trading activity, investment operations, valuation processes, investment-related controls, policies, and procedures to assess adherence to applicable regulatory requirements, investment guidelines, and company standards.
• Research, analyze, and interpret current, new, and proposed laws, regulations, accounting standards, regulatory guidance, and industry developments, including New York and Iowa insurance investment regulations, NAIC guidance, applicable state insurance requirements, and other applicable investment regulatory frameworks, to determine potential impact on General Account investment activities.
• Identify emerging investment compliance risks, regulatory developments, control deficiencies, and governance gaps affecting fixed income, private assets, derivatives, structured products, alternative investments, securities lending programs, and other General Account investment activities. Recommend enhancements to controls, oversight processes, and governance frameworks.
• Coordinate assigned aspects of regulatory examinations, state insurance department reviews, internal audits, external audits, risk assessments, inquiries, investigations, and other investment compliance-related reviews. Facilitate information requests, assess documentation, draft responses, track findings, and support remediation efforts.
• Document testing procedures, results, compliance assessments, findings, recommendations, and corrective action plans. Track remediation activities and collaborate with CIO Office, Audit, Risk Management, Legal, Accounting, Valuation, Treasury, and Operations teams to ensure sustainable resolution of identified issues.
• Draft, review, maintain, and enhance investment compliance policies, procedures, standards, monitoring reports, testing documentation, regulatory inventories, issue logs, investment guideline inventories, committee materials, and other governance documentation.
• Serve as a trusted advisor to investment professionals and business partners by providing guidance regarding investment regulatory requirements, portfolio compliance obligations, investment guideline interpretation, control design, new investment strategies, and regulatory expectations.
• Contribute to the development and enhancement of the investment compliance framework, including governance processes, compliance risk assessments, monitoring programs, surveillance capabilities, training initiatives, policies, procedures, and regulatory change management processes.
• Represent Investment Compliance on committees, working groups, and strategic initiatives involving new asset classes, investment vehicles, derivatives, private investments, external managers, investment strategies, operational changes, technology implementations, regulatory developments, and control enhancements to ensure compliance requirements are appropriately considered and implemented.
• Assist the Head of Investment Compliance in providing leadership and subject matter expertise on complex investment compliance matters. Mentor junior compliance professionals, promote knowledge sharing across the organization, and support the continued development of the GA investment compliance function.

Qualifications:

• Bachelor’s degree in business, legal studies, risk management, compliance or related field
• 5+ years of regulatory compliance, insurance, securities, financial services, internal audit, risk management, testing, monitoring, and/or other relevant experience
• 2+ years of experience in insurance, registered investment adviser, retirement, investment, financial crimes, consumer affairs, regulatory change management, testing and monitoring, or other financial services compliance functions
• Experience working with business partners, Investments, Risk, Legal, Compliance, Operations, Sales, Marketing, product teams, or other stakeholders to support compliant business practices and process improvements
• Knowledge of applicable state insurance, NAIC, SEC, ERISA, DOL, IRS, AML, fraud, privacy, and/or other regulatory requirements based on assigned responsibilities
• Knowledge of regulatory compliance concepts, control testing, monitoring practices, policy and procedure review, issue identification, and remediation processes
• Ability to perform complex research, analyze, and interpret regulatory requirements, policies, procedures, data, and business processes to identify risks, issues, trends, and potential solutions
• Strong written and verbal communication skills, including the ability to summarize complex information clearly and communicate findings, recommendations, and regulatory expectations to varied audiences
• Analytical, critical-thinking, problem-solving, and organizational skills with strong attention to detail and accuracy
• Ability to manage multiple priorities, deadlines, reviews, requests, and projects with minimal supervision
• Proficiency using Microsoft Office tools

Preferred Qualifications:

• Experience using the Aladdin guideline monitoring system
• FINRA securities registrations, state insurance licenses, compliance certifications, or industry designations based on assigned responsibilities

Compensation:

The Salary for this position generally ranges between $85,000 - $95,000 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. 

Working Conditions:

• This is a hybrid position requiring three days in office per week in one of our hub locations (Philadelphia or Cedar Rapids).  Relocation assistance will not be provided for this position.
• May require occasional travel for team meetings, training, regulatory matters, examinations, audits, governance meetings, industry forums, or business partner support.

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.

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