Manager, Compliance and Risk Management

Stewart Title; Toronto; Hybrid; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Manager of Compliance and Risk to lead compliance initiatives and ensure adherence to regulations. This hybrid role involves developing compliance programs, managing risk assessments, and collaborating with various stakeholders. The ideal candidate will possess a strong background in compliance and risk management, with excellent analytical and leadership skills. Join a forward-thinking company where your expertise will help shape the future of compliance in the insurance sector, fostering a culture of integrity and accountability.

Qualifications

• 5+ years of experience in compliance and risk management.
• Strong knowledge of AML regulations and Canadian compliance frameworks.

Responsibilities

• Develop and manage compliance and risk management programs.
• Ensure adherence to legal and regulatory requirements.
• Prepare and present compliance reports to senior management.

Skills

Compliance Management

Risk Management

Analytical Skills

Problem-Solving

Decision-Making

Communication Skills

Project Management

Leadership Skills

Education

Bachelor's Degree

Professional Certifications (e.g., CRM)

Tools

Compliance and Risk Management Software

Microsoft Office

Job description

We are the Canadian Division of Stewart Title Guaranty Company, a leading provider of residential and commercial title insurance. As one of the largest title insurers in the world, Stewart Title specializes in providing our clients with exceptional service, deep expertise and innovative solutions to help close their real estate transactions with peace of mind.

Job Description

Job Summary

Stewart Title is seeking a Manager, Compliance and Risk who will support the compliance and risk function by ensuring ongoing compliance with in-scope, emerging regulations and industry frameworks. This will involve collaborating with the business regarding compliance and risk related issues and activities, developing reports and metrics, policy maintenance, and collaborating on various initiatives. This is a hybrid role, with 1-2 days per week expected in-person at 200 Bay Street in Toronto.

Job Responsibilities

• Developing, implementing, and managing compliance and risk management programs, policies, and procedures that align with industry regulations and best practices.
• Ensuring adherence to legal, regulatory, and industry requirements, including OSFI & FINTRAC filings.
• Establishing and overseeing internal controls and compliance monitoring systems.
• Overseeing and maintaining the regulatory compliance framework, ensuring all policies and procedures are maintained and align with industry regulations.
• Developing training programs on compliance, risk management, and regulatory obligations.
• Providing guidance and training to employees on compliance, risk management, and regulatory obligations.
• Investigating compliance breaches and implementing corrective actions as necessary.
• Collaborating with internal stakeholders, regulatory bodies, and industry associations to address compliance concerns.
• Monitoring emerging regulations and industry trends.
• Preparing and presenting reports on compliance and risk management activities to senior management.
• Lead compliance audits and assessments to evaluate adherence to policies and regulatory expectations.
• Managing the risk register review process to identify, prioritize and track organizational risks. In conjunction with the Compliance and Risk Officer, assist risk owners to develop and implement risk mitigation strategies, monitoring their effectiveness, and report outcomes.
• Developing and overseeing the FINTRAC Anti-Money Laundering (AML) compliance program.
• Assessing and improving the third-party risk management compliance program.
• Developing and overseeing the climate risk management program.
• Evaluating and recommending GRC tools to enhance efficiency and reporting capabilities. With an open-minded approach to alternate processes, continuously improve compliance and risk management processes, identifying opportunities for automation & optimization.
• Other duties as required.

Qualifications:

• Bachelor’s degree; experience in compliance, legal, finance, business administration, with relevant experience in compliance and risk management.
• Professional certifications, such as the Canadian Risk Management (CRM), or similar are considered an asset.
• Minimum of 5 years of experience in compliance, risk management, or a related field within the insurance or financial services industry.
• Strong knowledge of AML regulations, OSFI guidelines and Canadian regulatory compliance frameworks.
• Excellent analytical, problem-solving, and decision-making skills.
• Experience in conducting risk assessments and compliance reviews.
• Proficiency in compliance and risk management software tools is considered an asset.
• Strong leadership and people skills with the ability to communicate effectively at all levels.
• Excellent project management and organizational skills and capability to handle multiple projects at one time.
• Strong written and verbal communication skills, with the ability to work independently and collaboratively.
• Fluent in use and application of Microsoft Office tools and applications.

Stewart Title is committed to accommodating persons with disabilities. If you require accommodation during any aspect of the application process, please let us know. We can be reached by:

• Email ([e-mail])

• Telephone: [phone] (please ask to speak to a Human Resources representative)

• Mail: 200 Bay Street, North Tower, Suite 2600, Toronto, ON M5J 2J2

• Fax: [phone]

Privacy

Your privacy is important to us. We consider and define Personal Information as any data relating to an individual, whether it relates to his or her private, professional or public life. It can be anything from a name, a photo, an email address, bank details or posts on social media. We only collect, store, use and disclose Personal Information from prospective and current employees for legitimate employment, legal, and business purposes. You can learn more about how we handle and process your personal information in relation to our recruitment process by making a request to our Human Resources department.