Compliance Manager, Canada Compliance

Sun Life Financial; Montreal; Hybrid; CAD 78,000 - 128,000; Full time

Job summary

A leading financial services organization is seeking a Compliance Officer to support compliance oversight across various business units. The successful candidate will monitor adherence to regulations, promote awareness of compliance risks, and work collaboratively with diverse teams, contributing to improved compliance practices. This role offers significant responsibilities in a growing, inclusive environment with ample opportunities for career advancement.

Benefits

Flexible Benefits

Career development opportunities

Inclusive work environment

Recognition for employee well-being

Qualifications

• In-depth knowledge of Federal and Provincial legislation and compliance requirements.
• Experience in an OSFI-regulated environment is preferred.
• Understanding of Insurance Companies Act and other relevant regulations.

Responsibilities

• Oversee compliance within business units regarding regulatory accountabilities.
• Monitor compliance risks and promote awareness.
• Communicate regulatory developments and maintain compliance databases.

Skills

Bilingualism (French, English)

Communication

Problem-solving

Regulatory knowledge

Integrity and ethics

Education

6+ years experience in financial services

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:

As part of the Canadian Compliance function, our Compliance teams are responsible to sustain our framework and standards for compliance risk management process and controls. We provide effective and independent challenge to the business units of Sun Life, including the monitoring and testing the effectiveness of their controls.

We are searching for a candidate with financial services experience, and a strong understanding of regulatory requirements as they impact large and complex organizations like Sun Life. Reporting to the Director, Compliance, you will be responsible for supporting the oversight of our various Canadian Compliance business units. You will monitor their adherence to applicable laws, regulations, and regulatory guidelines. The role will also ask you to support our ongoing enhancements to our Canadian Compliance practices and processes. You will have the opportunity to work with varied teams and lines of business of Sun Life like, Operational Risk, Group Retirement Services, Retail Advice and Solutions, and our peers in Canadian and Corporate Compliance.

What will you do?

• Oversee the business unit in its fulfillment of their regulatory compliance accountabilities, including the identification, measurement, management, monitoring, and reporting of compliance risks.

• Promote compliance awareness within the business unit to reduce compliance risks.

• Monitor and assess regulatory requirements and guidance impacting our industry.

• Communicate regulatory requirements, developments, and trends plainly.

• Maintain compliance databases, inventories, and policies.

• Lead or take part in compliance projects and initiatives.

• Meet with industry groups and regulators on regulatory requirements and compliance concerns.

What you need to succeed?

• 6+ years of relevant progressive experience within the financial services sector in Compliance, Risk, or other oversight function.

• In depth knowledge and experience with Federal and Provincial legislation. Strong understanding of Quebec based regulations is an asset.

• Knowledge of governing legislation and related regulations (e.g., Insurance Companies Act, provincial Insurance Acts, PCMLTFA and Regulations, and Privacy legislation)

• Experience working in an OSFI-regulated environment, with alignment to a three lines of defence model.

• Ask the right questions to analyze situations and are able to distinguish which facts are relevant to solving a particular problem.

• Proactively problem solve and regularly identify ways to improve your own work processes and practices, and those of others.

• Able to draw on a variety of sources to understand industry developments and trends.

• Build rapport and relationships with a variety of people, to exchange ideas and knowledge.

• Communicate effectively to varied audiences at all organizational levels.

• Sound practical and professional judgment

• High degree of integrity and ethics

• Bilingualism (French, English, both oral and written) is required for the frequent interactions with English and French-speaking colleagues or internal partners across Canada and worldwide.

What's in it for you?

• The opportunity to move along a variety of career paths with amazing networking potential

• Flexible Benefits from the day you join to meet the needs of you and your family

• We’re committed to creating an inclusive and respectful environment. Our goal is to make sure all ouremployees have the chance to live up to their full potential

• We’re honoured to be recognized as a 2023 Best Workplaces in Ontario by Great Place to Work Canada

• We are thrilled to be recognized by Excellence Canada with their top-level certification, the Canada Order of Excellence for Mental Health at Work, for prioritizing employee well-being, fostering a positive work culture, and achieving excellence in mental health

*LI-MS

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] .

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

Salary Range:

78,000/78 000 - 128,000/128 000

Job Category:

Compliance

Posting End Date:

06/07/2025