Senior Third Party Risk Manager

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

Reporting to the Director of Third Party Management Risk & QA, this position is a key position in the Program Administration Office tasked with leading/supporting the Third Party Risk Management (TPRM) Program build out & ongoing development, implementation of Program processes & requirements, quality management, and developing/delivering education & awareness across the Company. The incumbent would lead or support activities necessary to define, document and implement a TPRM Program governance, as well as ensure overall quality is achieved in Program delivery.


Program Development

  • Work with stakeholders and SMEs to drive out requirements for TPRM Program processes.
  • Translate requirements into workflow, procedures, standards, and tools for incorporation into the TPRM program, considering dependencies and other impacted areas holistically.
  • Complete research & analysis to identify Program gaps and develop documentation and/or infrastructure needed for compliance to shifting regulatory expectations.
  • Must have strong attention to detail and focus on quality.
  • Must have the ability to research and drive out process development with stakeholders through work sessions/workshops or discussions.

Program Execution

  • Lead Program roll out following an agile approach, capturing lessons learned for continuous improvements.
  • Lead targeted lookback activities to bring existing portfolio into Program conformance.
  • Follow best practice change management of rolling out Program artifacts, policies, and processes.
  • Develop training of TPRM Program using Articulate suite of applications and deliver in-person and/or virtual training to impacted user groups, which may include peers, control partners, business owners, and executives.
  • Create and deliver presentations to support ongoing education & awareness to stakeholders of all levels.
  • Project manage internal initiatives end-to-end to completion as assigned.
  • Manage Program tools and infrastructure such as internal SharePoint, Power Automate workflows, Power BI, etc.
  • Must be able to stay organized and multi-task to complete multiple deliverables in a short time frame, often with competing priorities.
  • Ability to drive change adoption across all management levels

Process Quality Control

  • Perform quality assurance tasks as assigned to drive data quality within the Program. This may include performing routine quality reviews of the TPRM database, artifacts, etc.


  • Bachelor’s degree in business, finance or related field, or equivalent experience
  • Five years of experience in third party risk management, operational risk, or compliance
  • Thorough understanding in process management and control environments
  • Strong analytical skills to support assessment of risk and appropriate course of action
  • Written/oral communication skills to present information to FBA groups, SMEs, and third party service providers related to risks and courses of action.
  • Organizational skills to prioritize risks and actions using a risk based approach
  • Proficiency using MS Office

Preferred Qualifications:

  • Certified Third Party Risk Professional or International Association Outsourcing Professionals
  • Certified Regulatory Vendor Program Manager or other recognized industry certification
  • Process engineering / process design experience – ability research, identify, and breakdown complex concepts, document, develop tools/templates that are needed, preferably for a TPRM program.
  • Project management skills, highly organized
  • Office 360 suite of applications, primarily Power Automate and Power BI
  • Articulate e-Learning platform suite of applications (Storyline 360, Rise 360, Studio 360, etc.)
  • SharePoint 360
  • Ariba
  • Insurance industry background

Working Conditions:

  • Non-commuting Remote employees will not be assigned to report to a Company office location (although they may need to travel to a Company office upon request) and will perform their work remotely.

**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**

The Salary for this position generally ranges between $81,000-$100,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company discretion.

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.

Job Details

Posted By

Nicholas Fratto


United States

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