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Operational Risk Analyst

Sun Life Toronto One York

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:

Please note: This is a 12 month contract role

The Risk Management Centre of Excellence (CoE) is a strategic first line of defense business partner supporting Canadian leadership in meeting our Client for Life goals by providing comprehensive understanding of operational risk and supporting the design of effective solutions to manage risk within the business.  

We partner with Canadian leadership, first line of defense Business Unit Risk Officers, and second line of defense Risk and Compliance stakeholders to assess operational risks, enhance control frameworks, educate business on risk management, provide oversight on risk policy requirements, and ultimately enable the business to evolve while maintaining risk within appetite. 

The scope of the team is broad, as our internal clients include all business areas supporting Group Benefits, Group Retirement Services, Client Experience Office and Individual Insurance and Wealth. As Consultant, Operational Risk, and reporting to the Manager, Operational Risk, you will support risk activities across multiple portfolios in Canada and will be a key point of contact for Canadian execution managers and second line of defense stakeholders to identify, assess and manage operational risks within the portfolio.    

What will you do?

  • Assess risk and control effectiveness within assigned portfolios, identify opportunities to improve risk management
  • Develop reporting dashboards for risk issues and other risk related activities for the BU leadership
  • Organize, prepare and coordinate various risk committees and forums
  • Support risk assessments to measure risk exposures, identify internal control weaknesses, improve the control environment, and minimize the risk of loss events
  • Support the roll-out of new/changed risk and compliance requirements by identifying the impact to assigned business areas and supporting business partners in the design and maintenance of processes/controls to meet these requirements
  • Provide risk consulting expertise and support risk reviews for key business projects, digital initiatives, and …
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