Transamerica Intermediate Compliance Analyst - Financial Crimes Unit in Cedar Rapids, Iowa
Job FamilyCompliance - General
Job Description SummaryAs part of the Financial Crimes Unit (FCU), handle investigations, alerts, reports and referral actions related to anti-money laundering (AML), anti-fraud, economic sanctions and elder exploitation programs.Job Description
Research, analyze and interpret current, new, and proposed regulatory requirements (e.g., statutes, regulations, bulletins) to determine impact to organization.
Provide guidance and/or develop summaries related to regulatory requirements; identify possible courses of action for various departments.
Analyze processes, services and products, and provide ongoing guidance to ensure compliance with regulatory and statutory requirements.
Compile information for completion of reporting, including reports for management and state/federal regulators. With minimal supervision perform analysis, identify trends and follow up on opportunities for enhancement.
Manage, oversee and analyze reports from third-parties (e.g., sub advisors, audit firms)
Provide guidance and support to business partners (e.g., Sales and Marketing) in creation of mandated product training.
Update and maintaining complete and accurate policies, procedures, compliance logs or files.
Assist team members with research and assigned tasks; provide training to supported teams.
In addition to or in lieu of some of the general responsibilities, additional function specific responsibilities may include:
Research and analysis of reports, referrals, and alerts for potential AML or fraud and determining whether to open or close a case.
Conducting simple and more involved external and intermediary fraud and financial crimes investigations with direction from senior level staff.
Work with operations to provide guidance on Sanctions program.
Provide AML, Sanctions, and fraud compliance oversight as needed to ensure activities/transactions are consistently handled and/or referred.
Provide input on department processes and procedures. Work with senior level individuals to implement changes.
Assist in more complex fraud and financial crimes investigations with other senior levels.
Coordinate annual reports and/or training for filing.
Assist in responding to regulatory inquiries with direction from senior levels.
Foster a culture of compliance to help prevent, detect and reduce company risk with respect to financial crime.
Bachelor’s degree in business, marketing, pre-law or other relevant field, or equivalent education and experience.
Areas of experience desired may vary based upon assigned compliance functions and may include contract development, claims, underwriting, legal research, fraud or anti-money laundering investigations and/or communications.
Written and verbal communication skills.
Strong Analytical and research skills.
Experience in systematically gathering and analyzing large amounts of data
Proficiency using MS Office tools.
Why Work for Us
Total Rewards at Transamerica: It’s more than a paycheck.
Our comprehensive Total Rewards package is designed to help support you in many ways — throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mind… to help you live your best life, grow personally and professionally - and feel valued for the work you do.
Learn more about our Total Rewards Package.
Equal Opportunity Employer:
Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies. Please contact: firstname.lastname@example.org if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.
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At Transamerica, hard work, innovative thinking and personal accountability are qualities that we honor and reward. We understand the potential that is 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 focused on helping customers secure their long-term financial futures.
Transamerica is a part of AEGON, an international life insurance, pension, and asset management company. The AEGON companies employ approximately 28,000 people and have a strong presence in more than 20 countries across the globe. For more information, visit www.transamerica.com.