Chief Privacy Officer (Hybrid - Baltimore)

Transamerica

Job Family

About Us

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of 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.

Who We Are

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.

Today, we're part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what's important to them.

We're empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good - for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

What We Do

Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.

Transamerica employs nearly 7,000 people. It's part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.

Job Description Summary

Job Description

Responsibilities

The CPO's responsibilities include:

• Lead the PSL Team in the development, implementation, administration of, and adherence to, Transamerica's and Aegon's (Transamerica's parent) policies and procedures covering the privacy of and access to protected data and information.

• Further build-out, continuously improve and support a strategic and comprehensive privacy program that defines, develops, maintains, and implements policies and procedures that enable consistent, effective privacy practices which minimize risk and ensure the confidentiality of protected information.
• Provide advice on U.S. and international privacy and information management laws and regulations; anticipate and advise the company on legal trends that will have significant impact on the organization; adeptly consider business concerns when advising on organizational-level policy and legal decisions.
• Collaborate with and support key members of the Legal & Compliance team, key members of Transamerica and Aegon management, key departments like the Chief Data Officer and Chief Information Security Officer as well as boards, committees, and functions to ensure the organization has and maintains appropriate practices and procedures specific to the privacy and confidentiality of protected information.
• Lead negotiations in disputes and/or regulatory matters specific to privacy and information management that have a significant impact on the company.
• Manage privacy and information management related legal matters handled by outside counsel.
• Review and advise on current cybersecurity compliance requirements to identify opportunities and gaps within existing requirements.
• Understand best practices in cybersecurity frameworks and standards. Monitor the evolution of cyber best practices and ensure continuous calibration of Transamerica's cyber compliance framework.
• Support, advise and protect organization in event of privacy and/or cybersecurity incidents.
• Serve as a main source of advice to executive and functional leadership on the foregoing items.
• Accountable for budget and cost controls for the PSL team. Work closely with General Counsel in formulating departmental budget and cost control initiatives.
• Serve on committees and other groups that have a significant impact on the overall organization.
• Work closely with Aegon's privacy team on strengthening privacy and security compliance across Transamerica and the Aegon.

Qualifications

• Juris Doctor or equivalent international degree
• Active license to practice law in a U.S. state or the District of Columbia
• U.S and international privacy and cybersecurity experience
• Understanding of US and state privacy laws and regulations (e.g., HIPAA, GLBA, CCPA, CPRA).
• Understanding of international privacy laws and regulations (e.g., GDPR, PIPEDA, LGPD, PIPA)
• Ten years of legal experience with a focus in privacy and cybersecurity (15+ years preferred).
• The ideal candidate will have strong experience managing a privacy and cybersecurity compliance program or privacy and cybersecurity legal team, and will have experience working in/with insurance or the broader financial services industry.
• Solid program management and compliance capabilities
• Substantial experience leading and managing people.
• Ability to effectively communicate, in both written and oral format, with the intended audience
• Ability to exercise sound judgment and prioritize in fast-paced environment
• Ability to exercise agility, adaptability, and practicality in providing legal advice
• Comfortable in rapidly changing corporate and legal environments

Working Conditions

• Office Environment
  Occasional Travel <10%

The Salary for this position generally ranges between $235,000 - $350,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) 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 the Company's 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

• 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

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 23.9 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.

* As of December 31, 2023