Compliance Manager- GRS

Posted Yesterday
Be an Early Applicant
North York, ON
5-7 Years Experience
Fintech • Payments • Financial Services
The Role
Seeking a Compliance Manager with 5+ years of experience in financial services, specifically in Compliance, Risk, or oversight functions. The role involves overseeing compliance risks, promoting awareness, monitoring regulations, and leading compliance projects. Experience with Pension legislation and OSFI regulation required.
Summary Generated by Built In

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Role Summary

As part of the Canadian Compliance function, the Group Compliance team is responsible to sustain our framework and standards for compliance risk management process and controls. We provide effective and independent challenge to the business units of Sun Life, including the monitoring and testing the effectiveness of their controls.

We are searching for a candidate with financial services experience, and a strong understanding of regulatory requirements as they impact large and complex organizations like Sun Life. Reporting to the Director Group Compliance, you will be responsible to support the oversight of our Group Retirement Services business unit. You will monitor their adherence to applicable laws, regulations, and regulatory guidelines. The role will also ask you to support our ongoing enhancements to our Canadian Compliance practices and processes. You will have the opportunity to work with varied teams and lines of business of Sun Life like, Operational Risk, Group Retirement Services, and our peers in Canadian and Corporate Compliance.

What will you do?

  • Oversee the business unit in its fulfillment of their regulatory compliance accountabilities, including the identification, measurement, management, monitoring, and reporting of compliance risks.

  • Promote compliance awareness within the business unit to reduce compliance risks.

  • Monitor and assess regulatory requirements and guidance impacting our industry.

  • Communicate regulatory requirements, developments, and trends plainly.

  • Maintain compliance databases, inventories, and policies.

  • Lead or take part in compliance projects and initiatives.

  • Meet with industry groups and regulators on regulatory requirements and compliance concerns.

What you need to succeed?

  • Minimum 5 years of relevant progressive experience within the financial services sector in Compliance, Risk, or other oversight function.

  • Focus on the pension industry .

  • In depth knowledge and experience with Federal and Provincial Pension legislation

  • Knowledge of governing legislation and related regulations (e.g., Insurance Companies Act, provincial Insurance Acts , PCMLTFA and Regulations, and Privacy legislation)

  • Experience working in an OSFI-regulated environment, with alignment to a three lines of defence model.

  • Ask the right questions to analyze situations and are able to distinguish which facts are relevant to solving a particular problem.

  • Proactively problem solve and regularly identify ways to improve your own work processes and practices, and those of others.

  • Able to draw on a variety of sources to understand industry developments and trends.

  • Build rapport and relationships with a variety of people, to exchange ideas and knowledge.

  • Communicate effectively to varied audiences at all organizational levels.

  • Sound practical and professional judgment

  • High degree of integrity and ethics

  • As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only for the frequent interactions with English and French-speaking colleagues or internal partners across Canada

What's in it for you?

  • Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives

  • A friendly, collaborative, and inclusive culture

  • Ongoing learning, training, and coaching to grow your career

  • Wellness programs that support the three pillars of your health – mental, physical, and financial

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results. 

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to [email protected].

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:

78,000/78 000 - 128,000/128 000

Job Category:

Compliance

Posting End Date:

23/10/2024

The Company
Toronto, Ontario
499 Employees
On-site Workplace

What We Do

A UK company, Sun Life Financial of Canada is focused on building excellent customer service by offering the highest levels of customer care. We have been serving customers in the UK for over 100 years

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