Director, Third Party Risk Management

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:

We are seeking a Director Third-Party Risk Management (TPRM) to join our Second Line of Defence oversight function. This role provides independent review challenge and guidance across the full TPRM lifecycle ensuring that thirdparty arrangements align with enterprise risk appetite regulatory expectations and internal policy.

The incumbent will play a key leadership role in strengthening our TPRM framework advancing oversight maturity and embedding responsible AI risk practices into thirdparty governance.

Please note this is a hybrid role located at our Toronto One York -person attendance is flexible typically 1 - 2 days weekly.

What will you do:

Second Line Oversight & Challenge

• Provide independent review and effective challenge of First Line TPRM activities across inherent risk assessments criticality assessments due diligence and ongoing monitoring consistent with expectations
• Assess completeness appropriateness reasonability and effectiveness of First Line controls and ensure documentation is retained for audit and regulatory review
• Oversee the escalation of significant control deficiencies or deviations from the TPRM Policy and Enterprise Operating Guideline (EOG).
• Partner with Business Group Risk Officers (BGROs) and Corporate Operational Risk to ensure clarity of roles and adherence to the threelinesofdefence model

AI Technology & Emerging Risk Leadership

• Support the adoption of AI to enhance existing third party due diligence.
• Help develop a roadmap for the incorporation of AI to facilitate proactive third party risk management.

Framework Policy & Reporting

• Contribute to ongoing enhancements to the TPRM Policy Standards and EOGs building on responsibilities and evolution
• Lead enterprise-level reporting on thirdparty risks KRIs/KPIs issues and trends for senior management the Operational Risk Committee and the Board.
• Support alignment with regulatory requirements (e.g. OSFI B10 emerging AI regulation).

Stakeholder Engagement & Advisory

• Provide judgementbased guidance where interpretation of policy or risk appetite is required.
• Drive continuous improvement in TPRM processes tools and user experience.

Leadership & Team Development

• Provide coaching and mentorship to TPRM practitioners and analysts across the enterprise.
• Strengthen organizational capability in thirdparty and AI risk management through training and knowledgesharing.

What do you need to succeed:

• 812 years in ThirdParty Risk Management Operational Risk Vendor Risk or a related discipline.
• Experience in a Second Line of Defence or oversight function strongly preferred.
• Deep understanding of TPRM frameworks risk assessment methodologies and regulatory expectations (including OSFI B10).
• Demonstrated expertise in technology and AI risk management including model governance data ethics and operational resilience.
• Strong ability to provide effective challenge while maintaining constructive relationships.
• Excellent analytical problemsolving and communication skills.
• Professional designations or certifications (e.g. CIA ORM CISA CISSP AI governance credentials) are an asset.

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 may use artificial intelligence to support candidate sourcing screening interview scheduling.

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

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