drjobs Senior Manager, Enterprise Sanctions Program

Senior Manager, Enterprise Sanctions Program

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1 Vacancy
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Job Location drjobs

Toronto - Canada

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

You are as unique as your background experience and point of view. Here youll be encouraged empowered and challenged to be your best self. Youll 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 youll 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:

Reporting to the AVP Sanctions and ABAC Oversight the role is responsible for executing critical economic sanctions compliance and regulatory risk management practices with key stakeholders within the Business Units (BUs) Business Groups (BGs) and Corporate Functions (CFs) including Corporate and Local Legal teams to ensure that sanctions risk is managed in accordance with regulatory requirements in Canada and sanctions imposed by other jurisdictions in which we this role you will support a robust governance model that aligns with the Enterprise Regulatory Compliance Management Program (RCM) in order to facilitate effective identification measurement management monitoring and reporting of sanctions risk.

You have a strong financial services experience with in depth knowledge of sanctions regulations and how they are operationalized in a large and complex organization like Sun Life across multiple jurisdictions. You are a compliance professional skilled in managing and resolving difficult ethical dilemmas and unyielding integrity to do the right thing under difficult circumstances even if unpopular. You will establish yourself as trusted partners for the mitigation of sanctions compliance risks by providing advice oversight and challenge in support of helping Clients achieve lifetime financial security and live healthier lives.

What will you do

  • Provide advice to BUs/BGs Money Laundering Reporting Officers (MLROs) and local compliance staff on sanctions related matters.

  • Assist in reviewing and assessing sanctions risk related to new initiatives across the organization ensuring their implementation are conducted in compliance with applicable sanctions.

  • Work closely with internal stakeholders ensuring sanctions risk associated to third parties is appropriately understood and controlled.

  • Support development maintenance and/or implementation of governance frameworks and standards for sanctions oversight.

  • Escalate sanctions related compliance risks to relevant stakeholders within the organization

  • Provide subject matter expertise on annual enterprise sanctions risk assessment and drive changes to methodology and questionnaire as required.

  • Work closely with BUs/BGs to ensure effective execution of the enterprise annual sanctions risk challenging inputs and perspectives from BUs/BGs as required.

  • Focus on regulatory compliance management including regulatory inventory and taxonomy.

  • Assist Sun Life entities in meeting RCM obligations particularly in the identification and mapping of relevant sanctions regulations and associated controls.

  • Monitor and evaluate the effectiveness of key controls and risk management strategies.

  • Help develop appropriate reporting management information and training.

What do you need to succeed

  • University degree in law finance or other relevant degree and 7 years of progressive experience within the financial services sector in Compliance Risk or other oversight function.

  • Recognized relevant certification or designation such as CAMS CGSS and CSS.

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

  • At least 5 years of specific sanctions experience preferably in a global oversight role.

  • At least 3 years of experience in designing maintaining and executing sanctions risk assessment methodology and questionnaire.

  • Strong understanding of regulatory compliance and risk management principles with experience in maintaining sanctions regulatory inventory developing corresponding sanctions specific taxonomy and mapping of key controls.

  • Sanctions advisory experience with in-depth and practical understanding of global governing sanctions legislation and related regulations risk typologies operational implications and risk management strategies. Experience in supporting execution of a multi-jurisdictional sanctions compliance program.

  • Strong relationship management skills with the ability to negotiate and influence internal stakeholders.

  • Excellent communication skills both verbal and written with the ability to communicate effectively at senior levels.

  • Self-motivation and proactive nature with strong problem-solving abilities.

  • Experience within a regulator or comparable environment is considered an asset.

Whats in it for you

  • The opportunity to move along a variety of career paths with amazing networking potential

  • Flexible Benefits from the day you join to meet the needs of you and your family

  • Were committed to creating an inclusive and respectful environment. Our goal is to make sure all ouremployees have the chance to live up to their full potential

  • Were honoured to be recognized as a 2023 Best Workplaces in Ontario by Great Place to Work Canada

  • We are thrilled to be recognized by Excellence Canada with their top-level certification the Canada Order of Excellence for Mental Health at Work for prioritizing employee well-being fostering a positive work culture and achieving excellence in mental health

*LI-MS

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 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 .

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business our Clients and you! Several 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:

78000/78 000 - 128000/128 000

Job Category:

Compliance

Posting End Date:

03/09/2025

Required Experience:

Senior Manager

Employment Type

Full-Time

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