Manager, Internal Controls

About the position Responsible for supporting the day-to-day execution of the Transamerica Business Controls program within the first line of defense. Performing the assessment of controls to determine if they are designed and operating in a manner that achieves the company’s regulatory and risk management objectives. Report on results and providing guidance to management on risk, impact, and remediation. Support second line (risk management), third line (internal audit), and external control assessments. Support the design and enhancement of controls in response to actual and conceptual risk events.

Responsibilities

• Perform both testing, and review of testing, in support of first line of defense control evaluate program.
• Conduct process reviews to identify risks, controls, control gaps, and control enhancement opportunities.
• Evaluate the design of internal controls and make recommendations for improvement.
• Oversee and provide guidance on control remediation requirements.
• Identify control gaps and opportunities for control enhancement in response to actual and conceptual risks identified
• Prepare and present updates to management, including management control remediation plans, metrics, and dashboards.
• As appropriate, partner and liaise with external auditors to plan and implement an assessment of the control environment, coordination of timing and execution of process walkthroughs, and a process for timely sharing of potential issues for resolution with respect to internal controls.
• Build and maintain relationships with stakeholders, keeping them informed of testing progress and findings.
• Collaborate with business management in development of action plans to assess the adequacy of action taken by management to correct reporting deficient conditions, accepting adequate corrective action and continuing reviews with appropriate management on action considered inadequate until satisfactory resolution.
• Support the tracking of control deficiencies and perform validation and closure of control issues.
• Provide support during second line and third line testing of the design and operating effectiveness of internal controls
• Conduct control walk throughs and help identify and understand impacts of applicable risks and related controls as part of risk assessment programs.
• Assist the business in understanding the control implications resulting from changes to people, process, technology.
• Provide support for special projects and initiatives
• Document process flows, with a focus on internal controls.

Requirements

• Bachelor’s degree in Accounting or relevant field, or equivalent work experience.
• Seven years of progressive experience in internal controls, audit or risk management within the financial services industry.
• Experience working with internal controls under Sarbanes Oxley and assessing control related risks.
• Ability to document and verbally communicate financial reporting processes in a clear and concise manner, including assessment of design and operating effectiveness of controls.
• Communication skills to educate/raise awareness of foundational elements/methodologies needed to support an internal control framework.

Nice-to-haves

• CPA, CIA (Certified Internal Auditor)
• Big 4 public accounting experience working with controls
• Management experience.

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
• 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

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