Consultant, Regulatory Risk

November 22 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services, Consulting, Credit, Risk,
Toronto, ON | Waterloo, ON • Full time

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:

The Risk Management Centre of Excellence (CoE) is a strategic business partner supporting Canadian & Business Unit (BU) leadership in meeting our Client for Life goals by providing comprehensive understanding of risk & compliance, contributing innovative solutions to manage risk and effective risk oversight.

As Consultant, Regulatory Risk, you will support rolling out new and emerging regulatory requirements across Sun Life's Canadian BUs. You will support the BU to deliver client-focused, OneSun solutions that align with BU key objectives, while ensuring Sun Life remains compliant with regulatory requirements. You will Develop strong working relationships with partners in Risk CoE, first line of defence and Compliance and offer key expertise and consultation to first line of defence on effective regulatory controls and programs.

What will you do?

Regulatory Change

  • Support the intake, impact assessment and action planning of cross-BU regulatory changes to ensure Sun Life remains compliant with regulatory expectations

  • Synthesize compliance requirements into business expectations and consult with first line of defence on how to meet new or changed regulatory requirements

  • Support regulatory change forums to enable first line of defence awareness, ownership and delivery on regulatory requirements

  • Monitor and track status of business action plans

  • Prepare regular reporting on regulatory change status and risks

Regulatory Risk Programs

  • Provide guidance to first line of defence and support regulatory changes on assigned programs

  • Support issue management process on assigned cross-BU issues including intake, impact assessment and action planning

  • Support risk assessments and regulator requests on assigned programs

What do you need to Succeed?

  • Experience in wealth and/or insurance businesses

  • Experience in regulatory risk management or related functions (e.g. operational controls, Risk, Compliance, Audit)

  • University degree or equivalent

Preferred skills:

  • Ability to distill complex requirements without oversimplifying or missing critical components

  • Strong problem solving and analytical skills to interpret results, define options and make recommendations

  • Strong time management skills, ability to deliver independently and bias to action

  • Strong partnering and influencing capabilities

  • Exposure to managing change in a cross-functional environment

  • Experience interacting with various levels of leadership

  • Excellent English language written and verbal communication

  • Strong Excel, PowerPoint skills

What's in it for you?

  • Time off giving you the flexibility to focus on the moments that matter including 15 vacation days per year

  • Flexible Benefits from the day you join to meet the needs of you and your family

  • Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making

  • contributions.

  • The opportunity to move along a variety of career paths with amazing networking potential

  • Flexible hybrid work model

  • Work and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives

  • A friendly, collaborative, and inclusive culture

  • We're honoured to be recognized as a 2024 Best Workplace in Canada by Great Place to Work® Canada

  • Sun Life ranked one of the 2023 Global 100 Most Sustainable Corporations in the World on the Corporate Knights' 2023

#LI-Hybrid

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.

Salary Range:

58,000/58 000 - 97,000/97 000

Job Category:

Risk Management

Posting End Date:

28/11/2024
Apply now!

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