FRM Risk Analyst

3 weeks ago

Baltimore, Maryland, United States Transamerica Full time
Job Family
Financial Risk

About 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.* For more information, visit

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).

Job Description Summary
Aegon's Corporate Center Financial Risk Management (FRM) is looking for a Risk Analyst. This role supports critical processes and systems in liability modeling, valuation and reporting through risk-neutral valuation and derivative pricing. The role involves using, developing, and maintaining key financial and market risk models used across the Aegon Group, including Transamerica. The financial data and derived calculations are used in IFRS and Solvency II reporting. This is a multi-disciplinary role responsible for maintaining high-quality service to meet internal customer goals, fulfilling business requirements, and participating in system enhancements across FRM's domain.

Job Description

Responsibilities:
  • Produce and validate economic scenarios using Group's ESGs.
  • Provide deliverables related to economic, market consistent valuation within the Economic Framework, IFRS, Solvency II and other regulatory frameworks.
  • Collaborate with cross-functional stakeholders to integrate financial market data systems and services within Aegon/Transamerica.
  • Support customer relationships through regular communication, proactively improving services, anticipating changing requirements, and providing consultative support.
  • Enhance automation for system maintenance, revisions, validation, and analytics, primarily through Python & SQL coding.
  • Call upon academic and professional preparation, along with the resources of the team to research solutions to financial risk problems, implement operationally sound solutions, and deliver excellence to our customers.
  • Adhere to technical and governance controls in accordance with the internal control framework and systems development life cycle (SDLC) using Agile design principles (e.g., standups, release scheduling).
  • Other duties and responsibilities as assigned in support of FRM.
  • Ensure data quality by performing daily financial data validation activities.
Qualifications:
  • Requires a bachelor's degree in mathematics, actuarial science, statistics, finance, computer science, or related field.
  • Practical experience in an object-oriented programming language, i.e., Python, C++, Java.
  • Strong attention to detail;
  • Must demonstrate solid understanding of investment and finance concepts and be able to creatively apply them in solving analytical problems in the business setting.
  • Comprehensive in evaluating requirements, defining testing, and reviewing changes to address potential issues before they have significant adverse impact.
  • Must demonstrate excellent verbal and written communication skills.
Preferred Qualifications:
  • 2 or more years of relevant experience.
  • Should have an understanding of financial markets.
  • Advanced programming knowledge in Python and git.
  • Hands-on experience with Agile SDLC
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.
What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation 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
Health and Work/Life Balance Benefits
  • 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
  • College Coach 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
  • Peer Recognition Program (BRAVO)
* As of December 31, 2022

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We're thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

Transamerica's Parent Company

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 29.5 million people across the globe. It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.

  • Lead Risk Management Analyst

    1 week ago

    Baltimore, Maryland, United States CareFirst BlueCross BlueShield Full time

    Responsibilities & Qualifications OBJECTIVE:The Senior Risk Management Analyst plays a pivotal role in enhancing and overseeing operational risk initiatives aimed at identifying and mitigating potential risks. This position ensures adherence to regulatory requirements, organizational policies, and frameworks while monitoring and addressing identified...

  • Investment Risk Analyst

    3 weeks ago

    Baltimore, Maryland, United States Franklin Templeton Full time

    At Franklin Templeton, we're driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring...

  • Lead Risk Management Analyst

    1 week ago

    Baltimore, Maryland, United States CareFirst BlueCross BlueShield Full time

    Responsibilities & Qualifications OBJECTIVE:The Senior Risk Management Analyst plays a crucial role in aiding, guiding, and educating team members on operational risk initiatives aimed at identifying and alleviating risks; managing controls and safeguards to reduce the potential impact of risks on the organization; ensuring adherence to laws, regulations,...

  • Investment Risk Analyst

    1 week ago

    Baltimore, Maryland, United States Compunnel, Inc. Full time

    Job OverviewPosition Summary: The Investment Risk Analyst plays a crucial role in overseeing and managing financial risks associated with trading activities. This position requires a detail-oriented individual who is adept at collaborating across various operational sectors while maintaining a strong focus on accuracy and efficiency.Key...

  • Property Risk Analyst II

    2 weeks ago

    Baltimore, Maryland, United States Crum and Forster Full time

    Position Overview:As a Property Risk Analyst II at Crum & Forster, you will play a crucial role in evaluating and managing complex property risks. This position is integral to our Custom Property division, ensuring that we maintain our high standards of underwriting excellence.Key Responsibilities: Assess incoming submissions to determine alignment with our...

  • Risk Management Specialist

    5 days ago

    Baltimore, Maryland, United States MassGenics Full time

    Job Title: Technology Risk and Controls AnalystAt MassGenics, we are seeking a highly skilled Technology Risk and Controls Analyst to join our team. As a key member of our organization, you will play a critical role in ensuring the effective management of technology-related risks and controls.Key Responsibilities:Compliance and Risk Management: Ensure that...

  • Third Party Risk Management Specialist

    5 days ago

    Baltimore, Maryland, United States OneMain Holdings Inc Full time

    Job Title: Risk AnalystAs a Risk Analyst at OneMain Holdings Inc, you will play a critical role in ensuring the company's third-party relationships are secure and compliant.Conduct thorough risk assessments, due diligence, and ongoing monitoring of third-party vendors using a risk-based approach.Elicit, review, and analyze operational risk and performance...

  • Enterprise Risk Professional

    2 days ago

    Baltimore, Maryland, United States CareFirst BlueCross BlueShield Full time

    Job SummaryWe are seeking a highly skilled and experienced Senior Risk Management Analyst to join our team at CareFirst BlueCross BlueShield. As a key member of our Enterprise Risk Management department, you will play a critical role in supporting the identification and mitigation of risks, ensuring compliance with laws, regulations, and standards, and...

  • Senior Surety Risk Analyst

    1 week ago

    Baltimore, Maryland, United States The Ladders Full time

    Compensation Philosophy The initial salary range for this position is influenced by various factors such as expertise, experience, education, certifications, and geographical location. The comprehensive salary range reflects the competitive market value for all personnel in these roles across the national landscape and offers opportunities for advancement as...

  • Risk Trader

    4 weeks ago

    Baltimore, Maryland, United States Stifel Financial Full time

    Summary The Risk Trader continually generates consistent positive revenue by buying or selling debt products at favorable prices so as to be able to buy or sell these same debt products to ultimate retail (Private Wealth Management) customers, through a Financial Advisor, ensuring compliance with relevant regulations and firm policies. Trading is almost...

  • Lead Risk Management Specialist

    1 week ago

    Baltimore, Maryland, United States CareFirst BlueCross BlueShield Full time

    Responsibilities & Qualifications OBJECTIVE:The Senior Risk Management Analyst plays a crucial role in assisting, guiding, and educating team members on operational risk initiatives aimed at identifying and mitigating potential risks. This includes overseeing controls and safeguards to lessen the impact of both existing and potential risks that may affect...

  • Financial Investment Analyst

    1 week ago

    Baltimore, Maryland, United States Johns Hopkins University Full time

    POSITION SUMMARYJohns Hopkins University, a leading institution in education, research, and healthcare, is looking for qualified candidates for the role of Investment Analyst within its Investment Office, directly reporting to the Managing Director of Investments. The Investment Office is tasked with managing the endowments for the university, Johns Hopkins...

  • Financial Investment Analyst

    1 week ago

    Baltimore, Maryland, United States Johns Hopkins University Full time

    POSITION SUMMARYJohns Hopkins University, a leading institution in education, research, and healthcare, is looking for candidates for the role of Investment Analyst within its Investment Office, reporting directly to the Managing Director of Investments. The Investment Office is tasked with managing the endowments for the university and associated entities,...

  • Business Systems Analyst

    2 days ago

    Baltimore, Maryland, United States Donato Tech Full time

    Job Title:Business Systems AnalystJob Location:RemoteJob Duration:12+ MonthsNote:The selected candidate must reside within two (2) hours of SSA Headquarters in Woodlawn, MDDescription of Work:Key Responsibilities:Work with the project manager and business stakeholders/technical leads to analyze and document business requirements for new ServiceNow processes...

  • Financial Investment Analyst

    1 week ago

    Baltimore, Maryland, United States Johns Hopkins University Full time

    POSITION SUMMARYJohns Hopkins University, a leading institution in education, research, and healthcare, is looking for candidates for the role of Investment Analyst within its Investment Office, directly reporting to the Managing Director of Investments. The Investment Office is tasked with managing the university's endowments, along with those of Johns...

  • ServiceNow Business Analyst

    2 days ago

    Baltimore, Maryland, United States Quadrant Inc Full time

    Job SummaryWe are seeking a highly skilled Business Analyst to join our team at Quadrant Inc. as a ServiceNow Business Analyst. This role will be responsible for analyzing and documenting business requirements for new ServiceNow processes and aligning them to the project schedule.Key ResponsibilitiesWork with project managers and business...

  • Junior Business Systems Analyst

    3 hours ago

    Baltimore, Maryland, United States GD Resources LLC Full time

    About the RoleThe Project Management Office (PMO) at GD Resources LLC is seeking a skilled Junior Business Systems Analyst to support business requirements gathering, project scope definition, and documentation, following Agile project methodologies.This role combines responsibilities in business/functional/technical requirements review and validation,...

  • Business Process Analyst

    2 days ago

    Baltimore, Maryland, United States Quadrant Inc Full time

    Job SummaryWe are seeking a highly skilled Business Analyst to join our team at Quadrant Inc. as a ServiceNow Business Analyst. This role will be responsible for analyzing and documenting business requirements for new ServiceNow processes and aligning them to the project schedule.Key ResponsibilitiesWork with project managers and business...

  • Client Services Analyst

    5 days ago

    Baltimore, Maryland, United States ASK Consulting Full time

    Job DescriptionNote: All candidates must be directly contracted by ASK Consulting on their payroll and cannot be subcontracted. We are unable to provide sponsorship at this moment.Position Title: Client Services AnalystLocation: Baltimore, MDContract Duration: 12+ MonthsCompensation: $20 to $21.33/hr. on W2Role Overview:The Client Services Analyst plays a...

  • Construction Cost Analyst and Project Coordinator

    2 weeks ago

    Baltimore, Maryland, United States ParkerBeth Full time

    Position: Construction Cost Analyst and Project CoordinatorLocation: Baltimore, MDParkerBeth Search Partners is in search of a talented and seasoned Construction Cost Analyst and Project Coordinator to join our esteemed client, a prominent entity in the construction sector known for executing high-quality, intricate projects.Benefits:Comprehensive benefits...