Associate Risk Analyst

Sun Life; Toronto; On-site; CAD 49,000 - 81,000; Full time

Job summary

A leading company in financial services is seeking an Associate Risk Analyst to join their Enterprise Risk Management team. This role involves assisting in the oversight of risk frameworks, providing operational support, and conducting research on emerging risks. The ideal candidate will have a degree in a relevant field, excellent communication skills, and a strong attention to detail, contributing to the organization’s risk management strategy.

Benefits

15 vacation days per year

Networking opportunities with leadership

Qualifications

• University degree or equivalent in Business, Management, Accounting, Engineering is an asset.
• Experience with Microsoft Office Suite applications (Word, PowerPoint, Excel, Outlook) is preferred.
• Strong attention to detail and results-oriented team player.

Responsibilities

• Assist in overseeing the Enterprise Risk Framework to provide independent oversight.
• Analyze external and competitor risk management information.
• Support the implementation and maintenance of risk metrics reporting.

Skills

Advanced time management

Excellent communication

Attention to detail

Willingness to learn

Education

University degree in Business, Management, Accounting, or Engineering

Tools

Microsoft Office Suite

Microsoft SharePoint

Archer

Job description

Join to apply for the Associate Risk Analyst role at Sun Life

Join to apply for the Associate Risk Analyst role at Sun Life

Get AI-powered advice on this job and more exclusive features.

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

Job Description:

"Risk management is aligned with the corporate vision, mission and strategy, and is embedded within the business management practices of every business segment."

We protect and enhance value through effective risk management by providing a framework to optimize risk-return and enhance stakeholder value creation. Effective risk-taking and risk management are critical to the overall profitability, competitive market positioning and long-term financial viability of the Company. Risks should not necessarily be eliminated but need to be appropriately managed to achieve the Company's overall corporate objectives.

Our risk philosophy is based on the premise that we are in the business of accepting risks for appropriate return. In conducting business activities, the Company takes on those risks that meet the objectives of the organization. Risk management is aligned with the corporate vision, mission and strategy, and is embedded within the business management practices of every business segment.

The Enterprise Risk Management (ERM) team works with various Business Group and Corporate Function partners across the organization, including but not limited to Business Group Risk (eg. Canada, Asia, US, etc), Corporate Functional Areas (eg. Legal, HR, Corporate Strategy, etc) and other teams in Corporate Risk. Amongst our key accountabilities, we strive to create and build effective relationships with these groups in order to improve the understanding of the benefits of working with the risk function when making key business decisions.

This position offers an exciting opportunity for the Risk Analyst to play a critical role on Sun Life’s Enterprise Risk Management (ERM) team within the Corporate Risk Office. The Risk Analyst will complete research on current and emerging risks that have the potential to impact Sun Life as well as provide operational support for key reporting deliverables.

What will you do?

• Assist in overseeing the Enterprise Risk Framework to provide independent oversight, ensuring all significant enterprise risks are appropriately identified, managed, measured, monitored and reported
• In tandem with the ERM team, analyze external and competitor risk management information to assess, recommend areas of enhancement in Sun Life’s external risk disclosures, and risk management practices
• Assist in providing risk advisory for key projects when necessary, including industry surveys, mandate reviews and the coordination of responses to Rating Agency briefing documents
• Provide operational support for key reporting deliverables as needed. This includes interacting with key business group risk teams to communicate and align deliverables
• Assist with the annual Risk Disclosures within Sun Life’s Annual Report (MD&A, AIF and Financial Statement notes). Includes interaction with Corporate Finance and Legal as well as use of third party software (Workiva)
• Support the implementation and maintenance of risk metrics reporting in the Risk and Compliance software (Archer)
• Complete the quarterly compliance reporting for the Risk Management Corporate Functional Area, including the Effectiveness Assessment and the Regulatory Compliance Management (RCM) Compliance testing
• Identify opportunities to improve our processes efficiency using innovative software
• Ad hoc requests as necessary
  
  

What do you need to succeed?

• University degree or equivalent in Business, Management, Accounting, Engineering is an asset
• Advanced time management and organizational skills
• Excellent communication skills (written and oral)
• Results oriented team player
• Strong attention to detail
• Willingness to learn
• Experience with Microsoft Office Suite of applications (Word, PowerPoint, Excel, Outlook). Experience with Microsoft SharePoint is an asset
• Experience in process mapping as well as identification and assessment of processes is an asset
• Experience completing and summarizing market research is an asset
  
  

What’s in it for you?

• 15 vacation days per year
• The opportunity to network and with various leaders across the organization
• To play a part in helping Clients achieve lifetime financial security and live healthier lives
  
  

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 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].

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible 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:

49,000/49 000 - 80,200/80 200

Job Category:

Risk Management

Posting End Date:

08/06/2025

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Financial Services and Insurance

Referrals increase your chances of interviewing at Sun Life by 2x

Sign in to set job alerts for “Risk Analyst” roles.

Toronto, Ontario, Canada CA$120,000.00-CA$135,000.00 3 weeks ago

Governance, Risk, and Compliance Analyst

Senior Risk Manager, Fund Management Group

Senior Financial Analyst, Revenue and Finance Operations (remote-only)

VP New Activity Risk Management Lead Analyst (Hybrid)

Financial Analyst - Workforce Planning & Analysis / Remote

Senior Consultant Compliance & Operational Risk (Non- Financial)

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.