Senior Compliance Officer

Zurich 56 Company Ltd; Toronto; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Compliance Officer to join their dynamic Compliance team. This hybrid role offers the chance to influence compliance analytics and drive innovation across various business lines. You'll be responsible for assessing compliance risks, advising management, and promoting an ethics-based culture. With a commitment to diversity and inclusion, this forward-thinking company values your unique perspectives and provides a supportive environment where you can thrive. Join a collaborative team that prioritizes employee well-being and offers ample opportunities for growth and development.

Benefits

Comprehensive health/benefits plan

Minimum of four weeks vacation

Four personal days per year

Access to training and development opportunities

Qualifications

• 6+ years in Compliance, Internal Audit, Legal, or Risk area.
• Experience with compliance laws and regulations.
• Strong communication and problem-solving skills.

Responsibilities

• Drive compliance analytics and manage Compliance Risks.
• Advise on Compliance Policies and conduct Assurance Reviews.
• Promote an ethics-based culture and implement training.

Skills

Compliance Risk Assessment

Strong Communication Skills

Audit Process Knowledge

Data Analytics Skills

Bilingualism (English and French)

Education

Bachelor's Degree in Law

High School Diploma or Equivalent

Zurich Certified Insurance Apprentice

Tools

Compliance Management Systems

Governance Risk and Compliance (GRC) Tools

Job description

Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.

If you have a passion for governance, are a solution-oriented partner for the business, a strong communicator, and care about our customers, we would love to hear from you.

Zurich Canada is currently looking for a Senior Compliance Officer to join our Compliance team.

Reporting to the Chief Compliance Officer, Canada, you will assist the first line management in promoting an ethics-based culture and deliver practical solutions as well as guidance and training. You will drive compliance analytics, enable innovation and initiate the business advisory of new projects, tools and systems across various lines of business. You will help to identify and manage Compliance Risks through Compliance Risk Assessment and Compliance Reviews. And you will implement policies, processes and controls related to the Compliance Risk Universe.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.

This is a Hybrid role.

What you will do -

1. Build, maintain, and develop expertise across compliance risk areas, focused on:

• Anti-Bribery and Anti-Corruption
• Conflicts of Interest and External Mandates
• Zurich Ethics Line & Reporting of Concerns
• Monitoring & Assurance Governance and Framework

Evaluate business activities to assess potential compliance risk.

Ensure compliance with laws, regulations, or policies.

Contribute to regular awareness campaigns reminding employees of the respective Group Policy and how they can report a violation or a concern.

Advise and support first line of defense regarding the adoption of Compliance Policies.

Conduct Assurance Reviews, identify gaps and define actions in collaboration with the business.

Share assurance activities’ results and agree on actions with management and other relevant stakeholders and follow up with business on agreed improvement actions.

Maintain GRC log on each of the matters subject to reporting to local regulatory authorities.

Provide input to the annual compliance risk assessment to satisfy minimum internal and external regulatory requirements and validate assessment results with management, governance committees and regional Compliance.

Review Compliance strategy and determine if it is aligned with business strategy, legal requirements and trends.

Promote an ethics-based culture, implement training and awareness activities, and provide management with relevant metrics.

Assess new laws and trends and their applicability and implementation to Zurich’s operations in alignment with Legal.

Advise the first line of defense with respect to policies, practical guidance, training, relevant controls, and processes for mitigation of risks within the Compliance Risk Universe.

Provide information to management to support its regulatory relationship management regarding topics from the compliance risk universe.

Identify and interact with internal stakeholders to further comprehend the functional mandates and ensure functional involvement in matters of relevance.

Ensure that relevant stakeholders are informed, understand and support Compliance activities and prioritization.

What you bring to the table-

Job Qualifications

Required:

1. Bachelor’s Degree in Law and 6 or more years of experience in the Compliance, Internal Audit, Legal, or Risk area.
2. OR High School Diploma or Equivalent and 8 or more years of experience in the Compliance, Internal Audit, Legal, or Risk area.
3. OR Zurich Certified Insurance Apprentice, including Associate Degree and 6 or more years of experience in the Compliance, Internal Audit, Legal, or Risk area.

AND

1. Experience with Audit process and procedures.
2. Knowledge of national/local compliance laws and regulations.

Preferred:

1. Five years of experience in compliance, audit, consulting, or regulatory management initiatives in the finance industry or in a related field.
2. Complaints Handling experience.
3. A post-secondary degree in a related discipline.
4. Working knowledge of the insurance industry, financial services and compliance operations.
5. Bilingualism in English and French is an asset.
6. Good knowledge of local legal requirements and procedures.
7. Strong oral and written communication skills.
8. Management, agile working, and data analytics skills are beneficial.

Our Culture

At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DEIB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DEIB initiatives are creating an environment where everyone feels welcome.

We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.

We care about our employees’ well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.

We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.

We also understand that employees require time off for personal reasons. Zurich employees receive four personal days per year to be used at their discretion.

We are committed to continuous improvement, and offer access to a comprehensive range of training and development opportunities.

We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources.

We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto’s Top Employers and to have received Insurance Business Canada’s 5-Star Diversity, Equity and Inclusion Award.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

About Us

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets.

A future with Zurich

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 148 years of experience managing risk and supporting resilience.

As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations.