Job Opportunities VP, Chief Compliance Officer

Wawanesa Insurance

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profile Job Location:

Toronto - Canada

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Job ID:9939


Employment Type:
Existing Role


Working Business Language: English. This role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language for this role is English.

Salary: At Wawanesa salary is only one component of a holistic comprehensive and competitive offering that we provide to our addition to salary full-time and part-time permanent employees are eligible for an annual bonus plan leave of absence top-up programs and provided with generous vacation time personal days premium free benefits and pension plan.

At Wawanesa we offer a hybrid work environment that offers flexibility to our employees in balancing in-office (3 days per week in a Wawanesa office) and remote work.You may work from any of the following locations: Winnipeg MB; Calgary AB; Edmonton AB; Toronto (North York) ON; Kitchener ON; Ottawa ON; Montreal QC; Quebec City QC; Moncton NB; Dartmouth NS.

The Wawanesa Mutual Insurance Company (Wawanesa Mutual) founded in 1896 is one of Canadas largest mutual insurers with over $3.5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual with its National Headquarters in Winnipeg is the parent company of Wawanesa Life which provides life insurance products and services throughout Canada and Western Financial Group which distributes personal and business insurance across Canada. Wawanesa proudly serves more than 1.7 million members in Canada and we are home to more than 3300 employees distributed across the Canadian regions and communities where we operate. We give back to organizations that strengthen communities donating more than $3.5 million annually to charitable organizations including over $2 million annually in support of people on the front lines of climate change. We are also proud to be recognized as one of Manitobas Top Employers. To learn more visit .


We are currently looking for dedicated driven and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

The VP Chief Compliance Officer (CCO) provides independent enterprise-wide oversight of regulatory compliance risk for Wawanesa. As a key leader in the second line of defense the CCO ensures the effectiveness of the Regulatory Compliance Management Framework and alignment with regulatory obligations supervisory expectations and internal governance CCO reports functionally to the Risk Committee of the Board and administratively to the Chief Risk & Legal Officer.

This role balances independence with collaboration acting as a trusted advisor to senior leadership while providing objective challenge and oversight. The CCO leads a high-performing team focused on enabling responsible business operations and supporting Wawanesas strategic objectives.

Job Responsibilities

  • Lead the design implementation and ongoing enhancement of the Compliance Management Framework including enterprise policies standards methodologies and theRegulatory Compliance Risk Appetite Statement.
  • Ensure alignment with enterprise risk management and internal control frameworks providing independent advice and oversight across all business and functional areas.
  • Oversee a risk-based monitoring and testing program including thematic reviews control assessments and deep dives into areas of elevated regulatory risk.
  • Assess control effectiveness and ensure timely sustainable remediation of compliance gaps.
  • Identify evaluate and report on compliance risks emerging issues and enterprise trends.
  • Lead the end-to-end lifecycle of regulatory issues management including root cause analysis remediation validation and closure.
  • Deliver clear independent reporting to senior management and the Board on compliance posture key issues and trends with timely escalation of material risks.
  • Lead proactive regulatory engagement including examinations supervisory communications and follow-up actions ensuring consistency and transparency.
  • Oversee regulatory horizon scanning to identify and interpret emerging developments and coordinate enterprise readiness for regulatory change.
  • Provide senior-level compliance guidance while maintaining independence and supporting sound business decision-making.

Qualifications

  • Undergraduate degree in business law or a related field; postgraduate degree (e.g. LLM MBA) preferred.
  • Extensive senior leadership experience in compliance risk management or oversight within a regulated financial services or similar environment.
  • Professional risk or compliance designation (e.g. RIMS CEPP) preferred.
  • Experience working with financial regulators and leading regulatory examinations.
  • Proven experience designing and advancing Compliance Management Frameworks including monitoring testing governance and issues management.
  • Strong knowledge of regulatory areas including AML/ATF privacy technology and cyber and third-party risk.
  • Demonstrated ability to build and lead high-performing teams.
  • Strong strategic thinking analytical capability and business acumen.
  • Excellent communication influencing and stakeholder management skills.
  • High integrity sound judgment and the ability to provide independent challenge.

#LI-WAWA




Diversity Equity Inclusion& Belonging

At Wawanesa we are committed to Diversity Equity Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people this is supported by having a representative workforce.

We welcome applications from all qualified candidates including racialized persons women Indigenous Peoples persons with disabilities members of the 2SLGBTQIA community gender-diverse and neurodiverse individuals and anyone who can contribute to the further diversification of thought and ideas.

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process please reach out in confidence to .

All Wawanesa job applicants are subject to Wawanesas .

Please note that the recruitment process for this position may involve the use of AI tools to screen assess or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.


Required Experience:

Chief

Job ID:9939Employment Type: Existing RoleWorking Business Language: English. This role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language for this role is English.Salary: At Wawanesa salary is only one com...
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Wawanesa Insurance offers affordable rates for homeowners, home, renters, car insurance and more in the U.S. Get a free insurance quote online to see how much you can start saving!

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