Manager, Regulatory Risk

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 Manager, Regulatory Risk, you will manage new and emerging regulatory requirements across SL’s Canadian BUs. You will identify opportunities to deliver Client-focused, OneSun solutions that align with BU key objectives, while ensuring Sun Life remains compliant with regulatory requirements. You will offer key expertise and consultation to first line of defence on effective regulatory controls and programs.

What will you do: 

Regulatory Change

• Manage the intake, impact assessment and action planning of cross-BU regulatory changes to ensure SL remains compliant with regulatory expectations
• Synthesize compliance requirements into business expectations and advise first line of defence on how to meet new or changed regulatory requirements  
• Identify and drive forward opportunities for One Sun solution design and delivery on regulatory changes that impact multiple BUs
• Manage and chair regulatory change forums to enable first line of defence awareness, ownership and delivery on regulatory requirements
• Build and maintain strong working relationships with partners in Risk CoE, first line of defence and Compliance
• Prepare regular reporting on regulatory change status and risks

Regulatory Risk Programs

• Provide guidance to first line of defence and lead regulatory changes on assigned programs
• Lead issue management process on assigned cross-BU Issues including intake, impact assessment and action planning
• Lead or oversee risk assessments and regulator requests on assigned programs

What 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)
• Experience working and delivering in cross-functional/matrixed organizations
• University degree or equivalent
• As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only as the position reports to a unilingual English-speaking manager outside Quebec.

Preferred skills:

• Ability to distill complex requirements without oversimplifying or missing critical components
• Ability to articulate complex ideas and deliver clear, concise and impactful messaging
• Ability to structure problem solving, including facilitating in a group
• Strong partnering and influencing capabilities
• Experience in managing change in a cross-functional environment
• Demonstrated experience interacting with various levels of leadership
• Excellent English language written and verbal communication
• Ability to manage various activities concurrently, prioritize initiatives, and execute effectively
• Strong Excel, PowerPoint skills. Experience with Archer is an asset.

What’s in it for you:

• We’re honoured to be recognized as a 2024 Best Workplaces in Ontario by Great Place to Work® Canada.
• We’re proud to be recognized as a company with a 2023 Most Trusted Executive team by Great Place to Work® Canada.
• Wellness programs that support the three pillars of your health – mental, physical, and financial
• The opportunity to move along a variety of career paths with amazing networking potential.
• As a hybrid organization, you and your leader use business and Client needs to choose where you work, at home or in the office.

# LI – SJ #LI-Hybrid #LI-remote

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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