AVP Canada Compliance, Wealth and Chief Compliance Officer

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Sun Life is seeking a strategic individual to act as Chief Compliance Officer (CCO) for its Mutual Fund and Investment Dealers. Each are distinct legal entities under the Sun Life Financial Group of Companies. The CCO will report to the VP, Chief Compliance Officer, SL Canada.

As Assistant Vice President, Canada Compliance, RAS Wealth and CCO (SLFISI & SLCSI), the successful individual will be a key member and contributor to our Canadian Compliance team. They will lead a team to execute a second line of defense program for the retail wealth businesses. The successful candidate will be accountable for oversight of all aspects of RAS wealth compliance programs, including Regulatory Compliance, Privacy, AML, and Conduct risk. There is an expectation of transformation and automation of the monitoring programs, and the overall program is required to meet the needs of the Retail Advice and Solutions business in satisfaction with regulatory requirements and Sun Life's RCM program

The successful individual will also develop and maintain relationships with key stakeholders in the field, business, operations, compliance, audit, legal, third-party vendors, and senior regulatory staff.

What you will do

• Lead and drive client-focused, high-performing, and inclusive culture throughout team and across the function.
• Develop a culture of compliance through the formation of strategic partnerships with the business and applicable stakeholders.
• Develop, document, and actively communicate existing, new, and amended Compliance requirements to management and registrants.
• Assist management to identify, address and integrate regulatory requirements into its business activities.
• Establish and maintain policies and procedures to assess compliance by the dealers and individuals acting on behalf of the entities with applicable laws and regulations.
• Report to the Ultimate Designated Persons (UDPs) and boards of directors on the status of the Firms' compliance programs, emerging and potential risks, control weaknesses, significant issues, and key regulatory developments.
• Establish and maintain compliance programs that meets OSFI, CIRO and Sun Life requirements applying a risk-based approach to identify, measure, monitor and report on compliance risk.
• Assess the adequacy of adherence to and effectiveness of controls to ensure they are sufficiently robust to achieve compliance with applicable regulatory requirements.
• Execute Tier 2 program accountabilities including, but not limited to: client onboarding, books & records, trade surveillance, personal trading, management/oversight of registrations, social media monitoring, and trend analysis. Transformation and automation of these programs is expected.
• Oversee and provide leadership on branch audit program and any resulting escalations.
• Actively ensure compliance with regulatory, industry and best practices expectations for Compliance and Supervisory functions.
• Maintain thorough understanding of the business, risks and processes and provide effective guidance to Tier 1 Supervisors and the UDPs.

What you will bring

• Must be qualified to act as Chief Compliance Officer for an Investment Dealer and Mutual Fund Dealer under applicable regulation and have direct experience acting in these roles.
• Post-secondary education - CPA, MBA or JD preferred.
• 10+ years experience in an Investment Dealer.
• Previous experience in a large financial institution / matrix organizational structure.
• Demonstrated record of success in the build, management, and administration of a sophisticated compliance program.
• Strong knowledge of business operations and procedures and self-motivated with a focus on driving results and a strong sense of accountability.
• Excellent oral and written communication skills with demonstrated relationship management and conflict resolution skills.
• Excellent coach and mentor with proven success at leading and developing a high performing team and driving transformation in ways of thinking and executing on work.
• Specific experience in working with Securities Regulators, and Board of Directors.

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

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