Associate Risk Analyst

Sun Life Financial
Waterloo
CAD 45,000 - 75,000
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. 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. Our goal is to blend innovation with practical risk management expertise, ensuring that we not only meet but exceed the evolving needs of our stakeholders in an ever-changing landscape.

This position offers an exciting opportunity for the Associate Risk Analyst to play a critical role on Sun Life’s Corporate Risk Operations (CROps) team. The Associate Risk Analyst will work with Corporate Functional Areas and Information Technology, performing second line oversight functions and independent review of risk programs within these areas.

What will you do?

Risk assessment and monitoring:

  • Regularly evaluate risk exposures and emerging threats across business units within corporate and IT business groups, while considering both internal and external factors that could impact the organization's strategic objectives and operational efficiency.
  • Perform second line independent review and challenge of risk assessment performed by the 1st line of defence (1LOD).
  • Support the maintenance and update of risk register using the integrated risk management system (Archer).

Quality Assurance:

  • Ensure risk assessment processes are followed consistently by maintaining detailed records of risk assessments, including findings and recommendations.

Reporting:

  • Support the production of timely and accurate risk reports to senior management and the board.
  • Ensure requests through group inbox are tracked for completion and escalate action items when necessary.

Coordination:

  • Monitor, follow up and escalate mitigation plans developed to manage risk issues.
  • Facilitate communication between first-line business units and corporate risk management teams, ensuring that risk deliverables are received in a timely manner.

What do you need to succeed?

  • 0 to 2 years of experience in a risk management or process optimization role.
  • Advanced time management and organizational skills.
  • Excellent communication skills (written and oral).
  • Excellent presentation skills across a variety of audience, including senior leaders.
  • Results oriented team player.
  • Strong attention to detail.
  • Willingness to learn and embrace change.

Preferred Skills:

  • University degree or equivalent in Business, Management, Accounting, Engineering, Mathematics, Actuarial or Computer Science is an asset.
  • Experience with Microsoft suite of tools and Data Visualization tools (e.g. Tableau) is an asset.
  • Experience in process mapping as well as identification and assessment of processes is an asset.
  • Data gathering and analysis.

What's in it for you?

  • Hybrid work environment.
  • A friendly, collaborative, and inclusive culture.
  • 15 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’re honoured to be recognized as a 2025 Best Workplace in Canada by Great Place to Work Canada.
  • Sun Life ranked one of the 2024 Global 100 Most Sustainable Corporations in the World on the Corporate Knights ’ 2024.

Salary Range: 45,600 - 74,700

Job Category: Risk Management

Posting End Date: 21/04/2025

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