Job Description Summary

Manage the Risk Management program for World Financial Group (WFG) of Canada, a key distribution channel for Transamerica and Aegon. This includes working collaboratively with leadership across strategic projects, executing risk assessments, improving processes, and reporting key risks and issues across the business landscape contributing to the company's risk profile.

Job Description

Responsibilities

• Partner with business and technology management to execute risk assessments across business groups.
• Develop relationships with key stakeholders to drive and embed an enhanced risk culture.
• Drive and lead significant Risk Management initiatives in support of department goals and objectives.
• Challenge current process design and identify areas for improvement; recommend changes to support policies, procedures, and control execution to increase efficiency and quality.
• Manage life cycle of risk issue management activities, including risk identification, root cause analysis, action plan status monitoring, and reporting of outcomes to management.
• Contribute to the development of the company's risk profile.
• Collaborate with and challenge process owners during the development of action plans to assess adequacy of actions taken by management.
• Lead and manage the execution of process risk assessment; review and challenge of inherent/residual risk scoring, risk mitigation, control design, and execution.
• Collaborate with peers in the Risk Management function, and various partners and stakeholders throughout the organization (e.g., first line and functional management, compliance, IT, Internal Audit).
• Manage risk assessment activities across various organizational functions, programs, projects, and processes.
• Navigate company Governance Risk & Compliance (GRC) tool to drive data-driven insights into the company risk profile.
• Support and manage adherence to the Global Operational Risk Management policy, framework, and the underlying activities (e.g., risk assessments, scenario analysis, key risk indicators, risk reporting, etc.)
• Provide training on operational risk management tools and techniques to various levels within the company.
• Develop enhanced policies and procedures to ensure efficient risk coverage across the company.

Qualifications

• Bachelor's degree in accounting, finance, or relevant field
• Seven years of experience in operational risk management or internal controls, or equivalent experience in an operational role with strong knowledge of operational risk and/or internal controls
• Progressive 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
• Experience leading teams
• 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
• Chartered Financial Analyst (CFA)
• Certified Financial Planner (CFP)
• Chartered Professional Accountant (CPA)
• Canadian Risk Management (CRM)
• Certified Internal Auditors (CIA)

Working Conditions:

• Hybrid employees will need to work at a Company office location at times and a remote work location (typically their home) at times.

Location:

• Toronto, ON

Company DescriptionAbout Us
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by 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.
Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.
Who We Are
Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We're a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica's dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America's leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services.
What We Do
Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology).
Transamerica has been helping people feel better about the future for more than 100 years, and we're proud of the trust we've earned. We want to help people live better today and worry less about tomorrow.
At Transamerica, we are a purpose driven team helping people live their best life. We are dedicated to inspiring people to improve not only their financial and personal well-being but the world around them. We empower our employees to also live their best life by promoting a sustainable work life balance in a highly collaborative team environment that promotes career growth and ongoing learning opportunities. We are excited about our current success and dedication to ongoing modernization which has brought state of the art digital tools to the underwriting process. If you are an ambitious team-oriented individual that can balance the interests of our people, our customers, our stakeholders, and the wider world then it is time for you to step up.Company DescriptionAbout Us At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by 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. Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers. Who We Are Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We're a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica's dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America's leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services. What We Do Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology). Transamerica has been helping people feel better about the future for more than 100 years, and we're proud of the trust we've earned. We want to help people live better today and worry less about tomorrow.At Transamerica, we are a purpose driven team helping people live their best life. We are dedicated to inspiring people to improve not only their financial and personal well-being but the world around them. We empower our employees to also live their best life by promoting a sustainable work life balance in a highly collaborative team environment that promotes career growth and ongoing learning opportunities. We are excited about our current success and dedication to ongoing modernization which has brought state of the art digital tools to the underwriting process. If you are an ambitious team-oriented individual that can balance the interests of our people, our customers, our stakeholders, and the wider world then it is time for you to step up.