Senior Analyst, Model Risk Governance

Sun Life

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profile Job Location:

Ontario - Canada

profile Monthly Salary: Not Disclosed
Posted on: 12-10-2025
Vacancies: 1 Vacancy

Job Summary

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:

About the role:

We are looking for an enthusiastic visionary to join Corporate Model Risk Management (CMRM) as Senior Analyst Model Risk Governance. Model Risk Governance is a small team responsible for the independent oversight measurement and reporting of Sun Lifes model and business computing tool (MBCT) risk including emerging risks such as Artificial Intelligence (AI) and Generative AI.

We are very passionate about improving our MBCT risk management processes and reducing Sun Lifes overall MBCT risk. We are looking for someone who is enthusiastic about process improvement drives for efficiency changes and is client this role we will work together to improve Sun Lifes MBCT governance process and gain valuable experience utilizing your soft skills such as project and time management and client relations. You will also use your strong critical thinking skills to perform effective challenge.

If this sounds like the role and team you want to join please apply!

What will you do

Reporting to the Director of Model Risk Governance the successful candidate will be a key contributor in the Corporate Model Risk team including monitoring compliance with policies and guidelines by which Models and BCTs are classified tested and successful candidate will also be accountable for the maintenance review and oversight of the centralized MBCT inventory system.

The successful candidate will work closely with and gain exposure to our many global stakeholders and partners in the business and second line functions. They will also be responsible for identifying areas for enhancement of our MBCT inventory system developing requirements testing and implementation of these changes. These interactions will give the successful candidate opportunities to enhance their leadership potential by honing their critical thinking and negotiation skills.

  • Play a key role in the development of a stronger second line function for Model and BCT risk
  • Contribute to the modernization of the Model and Business Computing Tool Risk Management Policy and related Enterprise Operating Guidelines that ensure compliance with evolving regulatory requirements and new technologies
  • Drive innovation in our MBCT inventory and governance processes to improve risk monitoring and enhance capabilities for monitoring Gen AI tools
  • Engage with global stakeholders to identify potential MBCT risk issues within the organization and ensure escalation and management actions are put in place to address these
  • Work closely with the Director of Model Risk Governance to build our Center of Excellence for MBCT risk management including training and development for all stakeholders
  • Build strong relationships with MBCT risk contacts in the business groups and stay abreast of any MBCT related challenges they may have
  • Contribute to a culture of continuous learning and innovation

What do you need to succeed

  • 3 to 5 years of experience in Risk Management Finance Actuarial Science or other related disciplines
  • Strong analytical and problem-solving skills with the ability to make well-informed rational decisions and reach sound conclusions based on available information and experience
  • Strong stakeholder management relationship management and influencing skills dealing with a broad range of stakeholders
  • Critical thinking and ability to provide effective challenge
  • Solid communication skills (written and verbal) with the ability to explain complex ideas to a non-technical audience
  • Excellent project management and time management skills with a proven commitment to quality and meeting deadlines while handling multiple priorities
  • Experience with creating and building new approaches and bringing innovative ideas to fruition
  • Ability to work well both independently and in a team environment

Preferred Skills:

  • Experience in risk management or related functions
  • Experience with Archer Risk Management solutions
  • Business knowledge and experience related to the Insurance and/or Financial Services industry
  • Experience in a large-size organization with multiple divisions and lines of business

Whats in it for you

  • Hybrid work environment
  • A friendly collaborative and inclusive culture
  • 20 vacation days per year
  • Flexible Benefits from the day you join to meet the needs of you and your family
  • Pension stock and savings programs to help build and enhance your future financial security
  • The opportunity to move along a variety of career paths with amazing networking potential
  • Access to our Global Learning Centre available 24/7 for your learning needs
  • Wellness programs that support the three pillars of your health mental physical and financial

Recent Awards:

  • We are honoured to be recognized as aand 2025 Best Workplaces in Canada by Great Place to Work Canada
  • Great Place to Work list for Best Workplaces for #HybridWork 2022
  • Great Place to Work list for Best Workplaces for Professional Development in Canada 2022
  • Named Best Places to Work by Glassdoor 2021 and 2023

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:

80000/80 000 - 128000/128 000

Job Category:

Risk Management

Posting End Date:

19/10/2025

Required Experience:

Senior IC

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...
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Key Skills

  • ISO 27001
  • Operational Risk Management
  • Risk Management
  • FedRAMP
  • PCI
  • Risk Analysis
  • Visio
  • COBIT
  • NIST Standards
  • SOX
  • Information Security
  • ISO 27002

About Company

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We offer trusted insurance products and investment solutions to Canadian residents and organizations. Get secure access to your employee benefits, health claims and group savings plans. Or, connect with a Sun Life advisor to get life or health insurance, set up a savings plan, open an ... View more

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