Sr Director, Investment Compliance
About the role
Provides strategic leadership and direction in the design, implementation, and oversight of compliance programs supporting Transamerica Life Insurance Company’s general account investment activities within the Office of the Chief Investment Officer (OCIO), ensuring adherence to regulatory requirements and internal policies while promoting a strong culture of compliance and ethical conduct.
This position is part of the compliance leadership team, supporting the build-out of the Chief Investment Office and will report into the Enterprise Chief Compliance Officer.
Responsibilities
- Design, implement, and maintain a comprehensive compliance program for investment advisory activities over the general account in alignment with the National Association of Insurance Commissioners (NAIC) Investments of Insurers Model Act, Iowa Code Chapters 508/511, and New York Insurance Law.
- Establish and maintain written policies and procedures covering investment advisory, portfolio management, trading, conflicts of interest, personal trading, material nonpublic information (MNPI), information barriers, and post-trade compliance.
- Provide independent compliance oversight to ensure adherence to applicable laws, regulations, and internal policies.
- Oversee and evaluate compliance monitoring and testing activities across investment functions, including the annual review of the derivatives use plan.
- Identify, escalate, and track remediation of compliance issues, regulatory findings, and control gaps.
- Partner with Legal, Risk Management, Internal Audit, and Enterprise Compliance to ensure alignment across the three lines of defense.
- Serve as a strategic compliance partner to senior investment leadership, fostering a culture of compliance, risk awareness, and ethical conduct.
- Lead, develop, and mentor compliance professionals, promoting accountability, performance, and continuous improvement.
- Drive efficiency and effectiveness through process improvements, data analytics, and technology-enabled compliance solutions.
Qualifications
- Bachelor’s degree or equivalent experience
- 12 years of asset management compliance experience
- Expertise in investment compliance, including innovative investment strategies such as private equity, real estate, infrastructure, and alternative credit
- Strong analytical and problem-solving skills
- Strong leadership and management skills
- Excellent interpersonal and written and verbal communication skills
- Aptitude with technology and compliance operations
Preferred Qualifications:
- Juris Doctor
- MBA
What We Offer
- Competitive Pay
- Annual Bonus
- 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
- Be Well Company holistic wellness program
- Parental Leave
- Employee Assistance Program
- Back-Up Care Program
- PTO for Volunteer Hours
- Employee Matching Gifts Program
- Employee Resource Groups
- Inclusion & Diversity Programs
- Employee Recognition Program
- Referral Bonus Programs
What We Do
Transamerica is organized into three distinct businesses: 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.
Compensation
The Salary for this position generally ranges between $212,000 - $225,000 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.
Working Conditions
Hybrid office environment: Baltimore/Cedar Rapids/Denver/Philadelphia
Moderate travel for business meetings, conferences, and related activities