It is varnish, and it should burn right off when you solder. Also, every connection to the power transformer is common to both channels, so an issue here that made noise would make noise in both channels. Such an issue should also rather immediately present itself in the voltage checks.
If you want to check the operation of the transformer, you can measure the AC voltage between pins B7 and B8, then check the AC voltage between pins 18 and 19.