Director Risk & Compliance Initiatives

Canada Life; Toronto; On-site; CAD 92,000 - 171,000; Full time

Job summary

A leading Canadian insurance firm is looking for a Director of Risk & Compliance Initiatives in Toronto. The role involves developing risk management practices and leading a team to enhance compliance across various services. The ideal candidate will have extensive experience in risk management within the financial sector and excellent communication and leadership skills. This position offers a competitive salary and is full-time.

Qualifications

• Experience within the financial services industry.
• Ability to lead and motivate a team.
• Deep expertise in governance, risk, and compliance.

Responsibilities

• Develop and execute consistent best practices.
• Lead training and education initiatives.
• Oversee regulatory change governance and audit support.

Skills

Collaboration

Change management

Stakeholder engagement

Leadership

Communication skills

Education

7+ years of experience

4+ years in risk & compliance management

Job description

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Permanent Full Time

The Director, Risk and Compliance Initiatives is a key role leading the development of practices, training and methodologies to advance the first line Business Risk and Control environment. A strong collaborator and change leader will be the accountable for the advancement of practices and capabilities across four business risk and control teams at Canada Life.

What You Will Do

• Drives development and execution of consistent best practices and continuous improvement across 1B services
• Leads training and education for the 1B organization.
• Oversees the centralized team focused on driving effectiveness across 1B services, maintaining a focus on continuous improvement
• Oversees the development, maintenance and promotion of consistent 1B risk and compliance methodologies, standards and leading practice
• Oversees the development and provision of training and education to the 1B organization
• Leads change management for 1B improvements
• Develop common 1B Guidelines & Procedures
• Develop and maintain a common approach, guidelines and procedures that could be used by all 1Bs
• Oversee regulatory change governance and audit support.
• Build a common approach and best practices with respect to :
• Operational and Regulatory controls mapping
• Operational and Regulatory control monitoring and testing
• Issues Management
• Reporting
• Additional program elements for key risk and compliance programs
• Design and evolve the controls library for use by all 1Bs

What You Will Bring

7+ years of overall experience

4+ years of risk & compliance management or governance experience within the financial services industry

Excellence in collaboration, change management and stakeholder engagement

Strong leadership and team management skills with the ability to lead and motivate a team

Strategic leadership with industry knowledge, deep expertise in governance, risk and compliance and an understanding of leading practices

Excellent communication skills, with the ability to facilitate discussions and provide training on risk, resilience and compliance topics

As this position is posted in several locations, we specify that bilingualism is an asset (fluent in French and English) but is required for Quebec only as the position will regularly serve our clients with French and English-speaking needs

The base salary for this position is between $92,100 - $170,500 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life servesthe financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employeehas the opportunity toreach their potential.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact [e-mail].

Canada Lifewould like to thank all applicants, however only those who qualify for an interview will be contacted.

Seniority level

Seniority level

Not Applicable

Employment type

Employment type

Full-time

Job function

Job function

Finance and Sales

Industries

Financial Services and Insurance

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