VP, Chief Compliance Officer & Associate General Counsel – Canada

SCOR UK Company Limited; Toronto; On-site; CAD 120,000 - 180,000; Full time

Job summary

A leading global reinsurer is seeking a VP, Chief Compliance Officer & Associate General Counsel in Toronto. This role involves overseeing compliance, providing regulatory advice, and supporting corporate governance. The ideal candidate will have extensive experience in compliance and legal frameworks, strong communication skills, and the ability to operate autonomously. Join a dynamic team committed to innovation and excellence in risk management.

Qualifications

• 6 to 8+ years of experience in compliance and regulatory roles.
• Strong written and oral communication skills.

Responsibilities

• Oversee regulatory and corporate secretary functions.
• Provide legal advice and support to business lines.
• Develop and implement compliance programs.

Skills

Compliance

Regulatory Knowledge

Communication

Decision Making

Problem Solving

Education

Juris Doctor

Job description

VP, Chief Compliance Officer & Associate General Counsel – Canada

Toronto, Canada

Job Description

The role holder will act as Chief Compliance Officer and Corporate Secretary and provide regulatory advice and legal and compliance support to SCOR’s Canadian business, with a focus on delivering comprehensive, reasoned and commercially viable guidance and representing the company with OSFI. The role-holder will be expected to understand and respond to (as is appropriate) the commercial and business-related constraints and regulatory environment applicable to SCOR. The role holder will be assisted by and manage one paralegal and a law clerk.

Reporting to the Chief Legal Counsel, Americas P&C (based in New York) and working closely with the Chief Legal Counsel, Americas Life (based in Charlotte), the VP, Chief Compliance Officer & Associate General Counsel – Canada will oversee regulatory and corporate secretary functions and provide clear and operational advice to the business and local senior management.

Responsibilities

Chief Compliance Officer

• Developing and maintaining a sound knowledge of the regulatory, legal and business environments in Canada, understanding the common risks and the roles and structures applicable to the compliance function and understanding how SCOR operates. Collaborate with Group Compliance functions to act as a local relay to institutional compliance topics otherwise outside of the primary scope of this position (e.g., sanctions, bribery) as managed by Group Compliance.
• Represent the company before applicable regulatory bodies and ensure timely and adequate filing of annual non-financial returns and other pertinent documents with the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Autorité des marchés financiers, ensuring regulatory compliance for SCOR Canada and SCOR Canadian Branches. Ensure that filings are forwarded to OSFI and/or other regulatory authorities within prescribed timeframes.
• Developing, implementing and maintaining the compliance program in accordance with regulatory and business requirements providing oversight to or managing key control processes. Provide guidance, input or approvals as mandated or required.
• Assume other regulated functions (e.g., Canada Life Chief AML Officer).

Corporate Secretary

• Providing legal support and guidance to ensure the proper governance of and compliance with applicable laws, rules, regulations, and internal policies applicable to our Canadian Boards and Committees.
• Support all aspects of Board and Committee meetings, including acting as Corporate Secretary to address legal requirements requiring board action, design agendas considering regulatory requirements and management’s direction, oversee and assist with the preparation, collection and distribution of meeting materials, attend all meetings and draft, and review meeting minutes
• Create and ensure accurate corporate records in all required systems, manage and certify via legally required secretary certificate the production of corporate governance records for regulatory examination, audit purposes or other initiatives. Draft and review legal documents, including annual review and/or modifications to corporate documentation, annual or quarterly reviews and filings.

Associate General Counsel

Working under the direction of Americas Chief Legal Counsels, and assisted by their team, the Associate General Counsel’s work will include legal research, document review, supervising contract and document preparation, risk identification and remediation. This role will include the following:

• Provide legal advice and counsel to the business lines and their leadership.
• Risk mitigation, assessment and advice to management.
• Leading contract work in Canada with the help of a paralegal
• Document review, negotiation and preparation within expected timeframes and to a high standard of quality.
• Provide clear, concise legal advice, grounded in thorough knowledge of Company business and process, to senior business unit leadership.
• Monitor and oversee data privacy requirements

Qualifications

• This role is made for somebody with strong compliance and regulatory background who can operate autonomously and is excited about working directly with local stakeholders and driving legal issues to completion.
• Some prior relevant experience is required, but a capability to develop new skills, self-teach, learn and grow with the business will make the role holder successful in the long-term.
• A proven self-starter who takes the initiative and can act independently when needed and make their own decisions, while keeping relevant stakeholders advised and involved and operating within internal governance requirements and guidelines.
• The ability to swiftly identify and analyze issues, proposals and to roll out relevant solutions after appropriate approvals.
• Strong written and oral communication skills, the ability to determine how and when to develop/sustain a message and/or an idea and the ability to deploy the right tools to present information.
• An ability to promptly make decisions and/or to roll out decisions, reflecting all available information and appropriate risk assessments.
• An understanding of a reinsurance business drivers and the ability to identify and raise critical issues/points when needed is a plus; a willingness to “own” and to swiftly correct (if needed) their decisions; and, accepting and actioning responsibility regarding cost management
• The Legal teams globally are small, such that collegiality, efficiency, proactivity and curiosity are key to the role holder’s success.
• An appetite for learning and developing themself in their field and dedicating up to 20% of their time on matters outside of their primary expertise.
• Ideally 6 to 8+ years of experience.
• French language fluency is a plus but not required
• Job Category Governance Legal & Compliance
• Posting Date 05/16/2025, 07:45 PM
• Locations Toronto, Canada

About Us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.