Senior Manager, Risk Governance

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:

About the role:

This role is part of the Risk and Governance team, a First Line of Defense function within Sun Life Global Investments (SLGI). The Risk and Governance team is responsible for supporting SLGI's governance framework, first line supervision and monitoring activities, due diligence, adherence to compliance and risk policies and the development and implementation of internal controls as it relates to all facets of the SLGI business.

The successful candidate will primarily be responsible for SLGI's sub-advisor due diligence process and reporting activity. Additionally, they will support institutional business development.

This role will report to the Director, Institutional Oversight and will work closely with Institutional Business, Institutional Marketing, Product Development, Legal and Compliance teams. This role may have 1 or more direct reports in future.

What will you do?

• In partnership with the Director, lead the sub-advisor review and oversight program for SLGI which is comprised of two main functions: sub-advisor due diligence reviews and quarterly compliance certification.
• Act as a key point of contact for assigned sub-advisors.
• Demonstrate expertise knowledge of assigned sub-advisors and their governance practices relative to other assigned sub-advisors.
• Develop risks metrics/indicators and formalized reporting related to sub-advisor due diligence process.

Sub-advisor Due Diligence Reviews

• Ensure due diligence questionnaires reflect current risk environment and align with industry best practices.
• Conduct thorough analysis of due diligence questionnaire responses and policy materials provided by assigned sub-advisors and bring observations to Director's attention.
• Drive review of assigned sub-advisors to identify any issues as well as best practices to have effective on-site visits.
• Actively participate in on-site due diligence meetings with sub-advisors noting key findings that will be presented at internal SLGI committees.
• Identify, evaluate, and monitor material events and emerging risks for assigned sub-advisors and bring observations to Director's attention.

Quarterly Compliance Certification

• Manage quarterly subadvisor certification process including the escalation and initiation of corrective actions to the appropriate internal team(s) and/or committees.

Other Work

• Support the Director, Institutional Oversight, in supporting the institutional business with product development, sales efforts and marketing.
• Support the Risk and Governance function in defining and achieving departmental initiatives as well as maintaining and enhancing relevant controls and procedures.

What do you need to succeed?

• 7-10 years of experience in the Investment Fund/Asset Management industry.
• Strong knowledge of Asset Management/IFM operations and investment selection processes including fund of fund structures.
• Knowledge of Canadian securities laws, regulations and requirements.
• Functional knowledge of NI 81-102 regulatory framework, compliance, and investment systems for mutual fund companies.
• Knowledge with various public markets asset classes, investment instruments, and their market dynamics and risk characteristics
• Skilled communicator and listener, capable of leading a discovery, asking succinct questions, distilling matters to their essential elements and understanding industry terms and concepts.
• Strong written, verbal communication and organizational skills, with a positive attitude and proven ability to prioritize and influence others to obtain desired results.

Preferred Skills:

• Ideal candidate will have experience in a risk or compliance role within a financial services organization, consultancy firm, or regulator.
• Understanding of sustainability and ESG; experience developing sustainability initiatives & content would be an asset.
• Post graduate work is highly desirable: MBA, MA, CFA or CPA.
• Bilingualism (French knowledge) is an asset.

Unique Requirements:

• Some domestic and international travel may be required (Canada, US, Europe, Asia).

What's in it for you?

• Hybrid work environment
• A friendly, collaborative, and inclusive culture
• 20 vacation days per year
• Flexible Benefits from the day you join to meet the needs of you and your family
• Pension, stock and savings programs to help build and enhance your future financial security
• The opportunity to move along a variety of career paths with amazing networking potential
• Access to our Global Learning Centre, available 24/7 for your learning needs
• Wellness programs that support the three pillars of your health - mental, physical and financial

Recent Awards:

• We are honoured to be recognized as a 2022, 2023 and 2024 Best Workplaces in Canada by Great Place to Work® Canada
• Great Place to Work® list for Best Workplaces for #HybridWork 2022
• Great Place to Work® list for Best Workplaces for Professional Development in Canada 2022
• Named "Best Places to Work" by Glassdoor, 2021 and 2023

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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