Director, Compliance

Canada, Canada

Job Description


You are as unique as your background, experience and point of view. Here, you\xe2\x80\x99ll 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.:About the RoleSun Life is seeking a Director, Compliance to support a varied mandate within Canadian Compliance. Reporting to the AVP, Canada Compliance and Chief Compliance Officer, Privacy, this role is primarily accountable for optimizing a Regulatory Compliance Management (RCM) program for the Corporate Functional Areas (CFA\xe2\x80\x99s) in Canada utilizing a risk-based approach. This individual will also assist with the provision of compliance coverage for the Client Experience Office (CXO) in Canada.This individual will have an opportunity to be a key member and contributor to a small team with a large mandate. Leveraging an existing regulatory compliance management (RCM) program, they are accountable for working with Enterprise Compliance to ensure appropriate activity is taking place within the Corporate Functional Areas with respect to compliance functions such as horizon scanning, regulatory developments, compliance issues management, risk assessments and management, and reporting. Examples of CFA\xe2\x80\x99s include Human Resources, Tax, Marketing, Finance, Actuarial, etc.While the immediate focus for the remainder of 2024 is building the framework to support the CFA work, once that becomes business as usual focus will shift to enhancing compliance support for the Client Experience Office. This dynamic area supports the Canadian business with key client insights and strategies derived from data and analytics, and digital initiatives to better support our clients. Sustainability and Marketing are also in scope. This area is at the forefront of new ways of working and demands a flexible oversight approach that aligns with an agile approach.A key component of the role will be to identify opportunities for process improvements or automation.Initially this role will not have reports. Resourcing will be reassessed as workloads and deliverables are refined.What you\'ll be doing

  • Optimization of an RCM program for CFA\xe2\x80\x99s in Canada taking a risked based approach.
  • Oversight of key business processes, controls and adherence to regulatory requirements and internal policies.
  • Establish and maintain effective working relationships with business areas, compliance, audit, legal, and with regulatory staff.
  • Develop, document, and actively communicate existing, new, and amended Compliance requirements to management.
  • Assist management to identify, address and integrate regulatory requirements into its business activities.
  • Establish and maintain procedures to assess compliance by the business with applicable laws and regulations.
  • Report on compliance programs, emerging and potential risks, control weaknesses, significant issues, and key regulatory developments.
  • Assess the adequacy of adherence to and effectiveness of controls to ensure they are sufficiently robust to achieve compliance with applicable regulatory requirements.
  • Actively ensure compliance with regulatory, industry and best practices expectations for Compliance functions.
  • Effectively challenge the business.
  • identify opportunities for process improvements or opportunities for automation.
What you\'ll need to succeed
  • University degree and/or relevant experience.
  • Solid understanding of RCM programs in a financial institution setting.
  • Knowledge of key operational supporting functions and applicable regulatory rules.
  • Ability to distill complex requirements without oversimplifying or missing critical components.
  • Experience in the build, management, and administration of a compliance program.
  • Excellent oral and written communication skills with demonstrated relationship management and conflict resolution skills.
  • Ability to effectively prioritize in a diverse and fast paced environment.
  • Ability to work with ambiguity.
  • Previous experience in a large institution with a matrix organizational structure an asset.
  • French is an asset.
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.
  • In 2024, Sun Life ranked among the top 100 most sustainable global corporations by Corporate Knights for the 15th consecutive year, leading Canadian insurers.
  • We are proud to be on the 2024 Best Workplaces in Canada list by Great Place to Work.
  • We\xe2\x80\x99re also listed as one of the Best Workplaces for Women and Best Workplaces with Most Trusted Executive Teams.
  • Our unique Sabbatical Program gives you the opportunity to take up to 6 weeks off, every five years.
  • Care Days available for self-care or care of others (i.e., family or others you may support) and Sick Days to support your well-being.
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 .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: 105,000/105 000 - 175,000/175 000Job Category: CompliancePosting End Date: 12/09/2024

Sun Life Financial

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Job Detail

  • Job Id
    JD2336109
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    $105000 - 175000 per year
  • Employment Status
    Permanent
  • Job Location
    Canada, Canada
  • Education
    Not mentioned