Chief Compliance Officer - WFGIAC & RO Quebec (Senior Director)

Job Family

Regulatory Compliance

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 2,500 people and have approximately 31.

7 million customers. For more information, visit www.transamerica.com .

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.

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

The Chief Compliance Officer ( CCO ) will be responsible for managing the compliance program for World Financial Group Insurance Agency, Canada’s ( WFGIAC ) business.

WGIAC is licensed to do business in all Canadian provinces and territories. The CCO will partner with the compliance team and other leaders within the organization on various compliance initiatives, including, but not limited to :

• regulatory compliance management,
• interacting with regulators, and
• planning and delivery on initiatives in support of compliance and business strategies.

As the second line of defense, the CCO is responsible for implementing reasonably designed compliance policies and procedures to ensure compliance with all applicable insurance laws and regulations.

As part of this role, the CCO will also serve as the Responsible Officer for WFGIA’s Quebec business. This position reports to the Head of WFG Compliance, Canada.

Job Description

Responsibilities

• Establish, maintain, and update compliance policies and procedures covering the activities, supervision and oversight of WFGIA’s branch offices and its agents.
• Conduct monitoring of compliance risks, promptly reporting deficiencies presenting a significant risk to WFGIA.
• Provide advice and guidance to senior leadership on compliance, regulatory risks, conflicts of interest and reputational risk.
• Provide quarterly reporting to the Head of WFG Compliance and escalate significant issues to the Head of WFG Compliance as well as senior management in a timely manner.
• Track and respond to regulatory developments and industry trends to ensure the program remains current and effective.
• Create and modify policies and procedures as needed, keeping up to date with technology enhancements and surveillance techniques.
• Oversee the assessment of control deficiencies and remediation plans and ensure appropriate resources are available to handle regulatory examinations.
• Prepare and deliver a report to the board of directors of WFGIA on the state of the compliance program.
• Provide back-up to the CCO of WFG Securities.

Qualifications

• Bachelor’s degree in a business field
• Ten years of experience in insurance compliance, including senior level management responsibilities.
• Comprehensive understanding of Canadian insurance regulatory requirements and experience dealing with regulators (AMF, FSRA, etc.).
• Outstanding written and oral communication and relationship building skills to work with regulators, the business, and field leaders.
• Life, Accident and Sickness / Personal Insurance Licenses in all Provinces.

Preferred Qualifications

French speaking

Working Conditions

• Office or hybrid office / remote environment
• Moderate travel

This job description is not a contract of employment nor for any specific job responsibilities. Managers may assign other duties and responsibilities as needed.

In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

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)

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.

https : / / www.transamerica.com / why-transamerica / aegon-transamerica-foundation

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.

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