Manager Group Compliance
Manager Group Compliance
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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:
This is 15 month contract opportunity.
As part of the Canadian Compliance function Group Compliance provides 2nd line of defense (2LOD) oversight of the Group Benefits Group Retirement Services and Health Solutions business units. Our team is responsible for supporting Sun Lifes Group Benefits business which involves monitoring regulations impacting the business promoting compliance awareness overseeing business practices and supporting enhancements to compliance processes.
Reporting to the Director Group Compliance you will collaborate closely with Group Benefits Operational Risk and other oversight function teams such as Legal Internal Audit and our peers in Canadian and Corporate Compliance. Leveraging an existing regulatory compliance management (RCM) program you will be responsible for providing oversight and guidance to Group Benefits (1st line of defence or 1LOD) enabling the business to make informed decisions while meeting regulatory expectations.
We are searching for a candidate with related financial services experience and a solid understanding of how regulatory requirements impact large and complex organizations like Sun Life.
What will you do
Monitor and communicate regulatory developments requirements risks and trends to internal stakeholders
Provide clear plain language interpretations of new and existing regulatory requirements
Oversee the identification and reporting of compliance risks within Group Benefits and monitor remediation of risks using the Archer RCM program
Support compliance testing and perform monitoring activities to ensure business controls are adequate and effective to comply with applicable regulations
Assess and challenge the effectiveness of 1LODs controls and activities
Maintain and update regulatory compliance databases inventories and policies
Assist in designing and making available compliance-related training for staff
Participate in a variety of industry groups and interact with regulators to stay informed about regulatory changes and compliance concerns
Support projects and initiatives to improve compliance processes and practices
Proactively problem solve and identify ways to improve your own work processes and practices and those of others
What you need to succeed
At least 5 years of progressive experience in a compliance risk management or related role with a demonstrated understanding of regulatory compliance preferably as it impacts group insurance
Working knowledge of relevant legislation and regulations such as provincial and federal Insurance and Privacy laws and Anti-Money Laundering legislation
Excellent analytical and problem-solving skills with the ability to identify compliance risks and assess their impact and severity
Ability to distill complex requirements without oversimplifying or missing critical components
Ability to understand the overall theme of a regulatory requirement despite the abundance of detailed provisions
Strong communication skills to clearly explain regulatory requirements and foster collaboration across teams High ethical standards sound judgment and the ability to prioritize and work effectively in a fast-paced and ambiguous environment
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 or worldwide
Assets
Strong understanding of the Group Benefits business
Familiarity with the three lines of defence (3LOD) model of OSFI-regulated financial institutions such as Sun Life
Experience with the Archer regulatory management system
Experience building relationships and working effectively with diverse teams
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
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
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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 000Job Category:
CompliancePosting End Date:
04/10/2025Required Experience:
Manager
Employment Type
Full-Time
