Manager Risk & Compliance

Canada Life; London; On-site; CAD 84,000 - 156,000; Full time

Job summary

Canada Life is seeking a dedicated Manager, Risk and Compliance for its Insurance Solutions and Distribution team. This permanent, full-time role is pivotal in providing oversight of regulatory compliance and risk management for Canada Operations. The ideal candidate has a solid background in compliance, exceptional communication skills, and a demonstrated ability to implement effective risk management strategies. Bilingualism is an asset, especially for communication with Quebec stakeholders, and applicants will enjoy a dynamic work environment that values diversity and inclusion.

Qualifications

• At least 5 years of experience in compliance or operational risk within financial services.
• Strong technical and business acumen.
• Ability to influence and adapt.

Responsibilities

• Manage and oversee risk and regulatory compliance.
• Support strategic initiatives and monitor regulatory requirements.
• Collaborate with internal stakeholders to manage compliance risks.

Skills

Interpersonal skills

Organizational skills

Communication skills

Technical acumen

Business acumen

Bilingualism (French and English)

Education

Post-secondary education

Tools

Microsoft Office

Job description

Permanent Full Time

We are looking for a Manager, Risk and Compliance supporting the Insurance Solution and Distribution Business Partner team.

Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: London, Toronto, Winnipeg or Montreal.

Reporting to the Director, Risk and Compliance, the successful applicant will play a key role in regulatory compliance and risk management for Canada Operations while supporting the business partner teams for Individual Wealth, Insurance Solutions, Wealth and Workplace solutions. As the Manager, Risk and Compliance, you will provide independent oversight of strategic initiatives, operations, and the regulatory risk management framework for these areas. You will work directly with the first line of defence to provide expertise and guidance on risk management and regulatory compliance to support the business in meeting their requirements. You will be a positive change advocate by suggesting and implementing improvements to the overall risk and compliance culture within the business.

What you will do:

1. Manage and oversee risk and regulatory compliance for Insurance Solutions and Distribution.
2. Execute obligations under OSFI E-13 Regulatory Compliance Management and E-21 Operational Risk & Resiliency, providing oversight, expertise, and guidance.
3. Support strategic initiatives, monitor regulatory requirements, and advise the business on impacts and controls.
4. Assist in implementing risk and compliance programs, collaborating with first line risk & controls teams.
5. Maintain awareness of regulatory changes, interpret legislation, and communicate updates effectively.
6. Provide oversight to strengthen risk and compliance culture and support change management initiatives.
7. Assess the effectiveness of risk and compliance controls, report issues, and ensure remediation.
8. Collaborate with internal stakeholders to manage compliance risks.
9. Prepare data and reports for global compliance and risk teams.

What you will bring:

1. At least 5 years of experience in compliance or operational risk within financial services; second line experience is an asset.
2. Post-secondary education or equivalent experience, with strong technical and business acumen.
3. Excellent interpersonal, organizational, and communication skills, with the ability to influence and adapt.
4. Proficiency in Microsoft Office applications.
5. Bilingualism (French and English) is an asset, required for Quebec.

The salary range is $84,900 to $155,700 annually, excluding variable compensation. Applications are reviewed on a rolling basis, with a minimum posting period of 5 business days.

Join Canada Life and be your best. We value diversity and inclusion, and are committed to accessible employment practices. For accommodations, contact [e-mail].

We thank all applicants; only those selected for an interview will be contacted.