Manager Risk & Compliance

Canada Life; Toronto; On-site; CAD 96,000 - 146,000; Full time

Benefits offered by this job

Education reimbursement up to $2,000

Health & Wellness benefits

Volunteer day

Pension plan

Share ownership program

Employee discounts

Job summary

Canada Life seeks a Manager, Risk & Compliance to provide independent oversight and advisory support to the Global Capabilities Centre. You will collaborate across Canada and India to identify, assess, and mitigate operational and regulatory risks, promoting a culture of compliance and accountability.

Lead risk assessments, governance, and reporting to senior leadership while guiding teams across time zones to apply risk standards consistently and effectively.

Qualifications

• Post-secondary education in Business, Finance, Risk Management, Law, or Compliance.
• 5+ years in compliance, risk management, audit, governance, legal or related financial services.
• Experience interpreting laws, regulations, industry standards, and regulatory guidance in financial services.
• Strong analytical, critical thinking, and problem-solving skills with ability to balance risk and business objectives.
• Excellent written, verbal, presentation, and stakeholder management skills.

Responsibilities

• Interpret and advise on regulatory requirements and industry developments; provide timely guidance on impacts and actions.
• Provide independent oversight to leaders regarding regulatory obligations, operational risk, internal controls and compliance practices.
• Promote risk awareness, accountability, and ethical decision-making through stakeholder engagement and coaching.
• Evaluate design and effectiveness of risk management and compliance controls; identify gaps and remediation strategies.
• Support identification, escalation, and monitoring of regulatory, operational, conduct, and reputational risks.

Skills

Analytical skills

Stakeholder management

Communication

Influence & challenge

Education

Post-secondary education in Business/Finance/Risk/Law/Compliance

Tools

Microsoft Office (Teams, Outlook, Excel, Word, PowerPoint)

Power BI

Job description

Permanent Full Time

As the organization continues to strengthen its Business Risk & Control function, we are seeking a Manager, Risk & Compliance. Reporting to the Director, Compliance, you will provide independent oversight, challenge, and advisory support to the Global Capabilities Centre (GCC) in Bengaluru. Acting as a trusted risk and compliance partner, you will help enable business objectives while ensuring adherence to regulatory requirements, internal policies, and enterprise risk management standards.

In this role, you will collaborate with leaders across Canada and India to identify, assess, and mitigate operational and regulatory risks. You will provide expert guidance on regulatory obligations, promote effective risk management practices, and support a strong culture of compliance, accountability, and continuous improvement. Through your leadership and subject matter expertise, you will influence business decisions, strengthen governance practices, and contribute to the successful execution of strategic initiatives.

What You Will Do

• Monitor, interpret, and assess emerging and existing regulatory requirements and industry developments, providing timely guidance on potential business impacts and required actions.
• Provide independent oversight, challenge, and advisory support to business leaders regarding regulatory obligations, operational risk management, internal controls, and compliance practices.
• Promote a culture of risk awareness, accountability, and ethical decision-making through stakeholder engagement, education, and coaching.
• Evaluate the design and effectiveness of risk management and compliance controls, identifying potential gaps and recommending practical remediation strategies.
• Support the identification, assessment, escalation, and monitoring of regulatory, operational, conduct, and reputational risks.
• Partner with stakeholders on strategic initiatives, business transformation activities, process improvements, and change programs to ensure risk and compliance considerations are incorporated effectively.
• Facilitate risk assessments and provide guidance regarding appropriate controls, governance requirements, and mitigation strategies for projects and business initiatives.
• Prepare and present risk and compliance reporting, analysis, and recommendations to senior leadership and governance forums.
• Build strong relationships with business partners and functional stakeholders across multiple jurisdictions and time zones to support consistent application of risk and compliance standards.
• Provide guidance, mentorship, and prioritization support to team members while contributing to the overall development of risk and compliance capabilities within the organization.

What You Will Bring

• Post-secondary education in Business, Finance, Risk Management, Law, Compliance, or a related discipline, or an equivalent combination of education and experience.
• 5+ years of experience in compliance, risk management, audit, governance, legal, or related financial services functions.
• Experience interpreting and applying laws, regulations, industry standards, and regulatory guidance within a financial services environment.
• Strong understanding of operational risk management principles, governance frameworks, and internal control environments.
• Proven ability to identify, assess, communicate, and address business risks and control gaps.
• Demonstrated ability to influence decisions and provide effective challenge at all levels of the organization.
• Strong analytical, critical thinking, and problem-solving skills with the ability to balance risk management and business objectives.
• Excellent written, verbal, presentation, and stakeholder management skills.
• Experience working with geographically dispersed teams and managing relationships across multiple jurisdictions and time zones.
• High degree of professionalism, sound judgment, and ability to manage competing priorities in a dynamic environment.
• Proficient in Microsoft Office applications including Teams, Outlook, Excel, Word, and PowerPoint.
• Experience with Power BI, governance, risk and compliance (GRC) platforms, data analytics tools, or reporting solutions is considered an asset.
• Success in this role:
• Builds trusted relationships while maintaining independence and objectivity.
• Demonstrates confidence in providing effective challenge and escalating concerns when appropriate.
• Translates complex regulatory requirements into practical business guidance.
• Influences positive risk culture and continuous improvement.
• Balances strategic thinking with strong execution and attention to detail.
• Collaborates effectively across global teams and diverse stakeholder groups.

The base salary for this position is between $96,200.00 - $146,200.00 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).

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.

Grow with Canada Life

We’re united by a shared purpose: to improve the financial, physical and mental well‑being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.

We’re looking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers, communities and each other. Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from you!

What we offer

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to$2,000 annually towards education reimbursement.
• Health & Wellness:Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well‑being.
• Time Off:In addition to regular vacation and personal days, we support community involvement with a volunteer day.
• Financial Security:Company-matching pension plan,share ownership program and additionalinvestment options.
• Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

Learn more about Canada Life.

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact [e-mail]. All information provided will be handled in accordance with applicable laws and Canada Life policies.

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