Analyst, Third Party Risk & Performance Management

Sun Life Assurance Company of Canada; Toronto; Hybrid; CAD 85,000 - 115,000; Full time

Benefits offered by this job

Competitive pay

Bonus program

Pension plan

Stock options

Collaborative culture

Professional development

Career growth

Job summary

Sun Life Assurance Company of Canada is seeking a TPRM Analyst to oversee the end-to-end third-party risk management lifecycle. You will conduct risk assessments, due diligence, and monitor vendor risks while ensuring regulatory compliance and alignment with internal policies.

You will partner with business stakeholders, produce reports using Ariba, ServiceNow, Tableau and Excel, and guide relationship managers on TPRM requirements.

Qualifications

• 3 years of experience in Third-Party Risk Management, Risk Management, Compliance, Information Security, Audit, or a related field.
• Bachelor's degree in business, Finance, Risk Management, Technology, or a related field, or equivalent experience.
• Excellent written and verbal communication skills.
• Knowledge of vendor risk management practices and regulatory requirements ( OSFI B10).
• Proficiency in Microsoft Office applications, particularly Excel and PowerPoint
• 2 years experience with ServiceNow
• Strong analytical, problem-solving, and stakeholder management skills.
• Artificial Intelligence (AI) literacy and the ability to apply responsible AI practices in day-to-day operations, including effective use of approved tools, critical review of AI-generated outputs, and awareness of related risks and controls.

Responsibilities

• Provide oversight of the Third-Party Risk Management Program for DBTS, including the validation of third-party risk assessments, ensuring the appropriate due diligence and ongoing management activities occur
• Partner with internal stakeholders to facilitate timely completion of risk management activities.
• Prepare third party risk management reports, metrics, and management updates leveraging Ariba, ServiceNow, Tableau and Excel
• Conduct third-party risk assessments and due diligence reviews for new and existing Third parties
• Support and coordinate third party questionnaires issued from the TPRM Tool
• Monitor remediation activities and ongoing compliance requirements.
• Provide guidance to relationship managers on the requirements of the Third-Party Risk Management Program
• Act as a subject matter expert in all organizational third-party governance, risk and management requirements
• Support the identification of industry trends in effective third-party relationship management and identifies improvements for DBTS
• Contribute to continuous improvement, process enhancements, and automation initiatives within the TPRM program.

Skills

Third-Party Risk Management

Risk Management

Compliance

Information Security

Auditing

Excel

PowerPoint

ServiceNow

Ariba

Tableau

AI literacy

Education

Bachelor's degree in business, Finance, Risk Management, Technology, Engineering

Tools

ServiceNow

Excel

PowerPoint

Ariba

Tableau

Job description

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll 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, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.

At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.

When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description

The TPRM Analyst supports the end-to-end third-party risk management lifecycle by conducting risk assessments, performing due diligence reviews, monitoring vendor risks, and ensuring compliance with internal policies and regulatory requirements. The role acts as 1B and partners closely with business stakeholders, to identify, assess, and mitigate third-party risks.

What will you do?

• Provide oversight of the Third-Party Risk Management Program for DBTS, including the validation of third-party risk assessments, ensuring the appropriate due diligence and ongoing management activities occur
• Partner with internal stakeholders to facilitate timely completion of risk management activities.
• Prepare third party risk management reports, metrics, and management updates leveraging Ariba, ServiceNow, Tableau and Excel
• Conduct third-party risk assessments and due diligence reviews for new and existing Third parties
• Support and coordinate third party questionnaires issued from the TPRM Tool
• Monitor remediation activities and ongoing compliance requirements.
• Provide guidance to relationship managers on the requirements of the Third-Party Risk Management Program
• Act as a subject matter expert in all organizational third-party governance, risk and management requirements
• Support the identification of industry trends in effective third-party relationship management and identifies improvements for DBTS
• Contribute to continuous improvement, process enhancements, and automation initiatives within the TPRM program.

What you need to succeed?

• 3 years of experience in Third-Party Risk Management, Risk Management, Compliance, Information Security, Audit, or a related field. Preferably within a federally regulated financial institution.
• Bachelor's degree in business, Finance, Risk Management, Technology, Engineering, or a related field, or equivalent experience.
• Excellent written and verbal communication skills.
• Knowledge of vendor risk management practices and regulatory requirements ( OSFI B10).
• Proficiency in Microsoft Office applications, particularly Excel and PowerPoint
• 2 years experience with ServiceNow
• Strong analytical, problem-solving, and stakeholder management skills.
• Artificial Intelligence (AI) literacy and the ability to apply responsible AI practices in day-to-day operations, including effective use of approved tools, critical review of AI-generated outputs, and awareness of related risks and controls.

What's in it for you?

• Competitive salary and bonus structure influenced by market range data.
• Pension, stock, and savings programs to help build long-term financial security.
• A collaborative and inclusive culture.
• Professional development aligned to Sun Life's purpose of helping clients and employees achieve lifetime financial security and live healthier lives.
• Opportunities to explore a variety of career paths and build a strong internal network.
• 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 factors. In 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

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 [e-mail] .

Work arrangement

We're 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 need