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Transamerica · 1 day ago

Senior Compliance Analyst - Retirement Solutions

Denver, CO

Full-time

Hybrid

Mid, Senior Level

$82K/yr - $90K/yr

4+ years exp

Transamerica is a financial services company committed to helping people achieve financial freedom. The Senior Compliance Analyst will support the retirement compliance program, mitigate legal risks, and ensure adherence to regulatory requirements for qualified retirement plans.

Financial ServicesImpact InvestingInsurance

No H1B

Responsibilities

Perform risk-based independent compliance testing for the record-keeping and fiduciary administration affiliates

Maintain and update assigned compliance risk assessments, as part of the team’s annual compliance monitoring plan

Monitor federal/state laws and regulations, as well as applicable rulings, notices and guidance, as they pertain to qualified retirement plan administration and record-keeping services, and advise senior leadership of impact to current processes

Evaluate process workflows/maps to identify potential areas of risk (e.g. – regulatory, legal, operational, reputational, etc.) and effectiveness of key controls

Act as a trusted advisor to the record-keeping and fiduciary administration affiliates regarding best practices and remediation of regulatory compliance concerns

Contribute to the development of new and/or enhanced compliance programs and enterprise-wide initiatives

Update and maintain complete and accurate compliance logs or files

Assist team members with research and assigned tasks

Create and present compliance training, as necessary

May assist management with highly complex projects and coaching/development of staff

Maintain open communication with business process owners on testing scope, objectives and progress

Coordinate and conduct meetings and interviews with business process owners and staff; gather data, procedures and other documentation necessary for performing assigned compliance testing

Propose testing scope, review internal controls and compare records, operating practices, and documentation with test attributes applicable to assigned audits

Document tests and findings; appraise adequacy of internal compliance controls, propose recommendations and coordinate/document corrective action plans

Draft compliance reports and present/discuss findings with business process owners and senior management

Active participation in the periodic compliance risk assessment process, development of annual testing plans, scheduling/assignment of testing, and design of compliance testing programs

Qualification

Retirement plan administrationRegulatory compliance knowledgeERISA/DOL/IRS regulationsAnalytical skillsMS Office proficiencyResearch skillsWritten communication skillsVerbal communication skillsPresentation skillsTeam collaborationProblem-solving skills

Required

Bachelor's degree or equivalent education and experience

Four years of qualified retirement plan administration experience

Working knowledge and oversight experience in the following regulatory compliance areas as applicable to qualified retirement plans: ERISA/DOL/IRS regulatory and qualification requirements for single employer and MEP/PEP retirement programs, EPCRS guidelines, and applicable plan/participant reporting and disclosure requirements

Written and verbal communication skills

Successfully present complex technical information to non-technical audiences

Analytical and research skills

Proficiency using MS Office tools

Preferred

Industry certifications preferred (e.g. – QPA, QKA, QKC)

Benefits

Competitive Pay

Bonus for Eligible Employees

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

Company

Transamerica

Glassdoor3.2

Transamerica is a private holding company that provides services for various life insurance companies and investment firms. It is a sub-organization of Aegon.

Founded in 1904

Cedar Rapids, Iowa, USA

5001-10000 employees