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Director, Compliance Specialist

2 months ago


Kitchener, Ontario, Canada Sun Life Full time

About the Role

Sun Life is seeking a Director, Compliance to support a varied mandate within Canadian Compliance. Reporting to the AVP, Canada Compliance and Chief Compliance Officer, Privacy, this role is primarily accountable for optimizing a Regulatory Compliance Management (RCM) program for the Corporate Functional Areas (CFA's) in Canada utilizing a risk-based approach. This individual will also assist with the provision of compliance coverage for the Client Experience Office (CXO) in Canada.

Key Responsibilities

  • Optimize the RCM program for CFA's in Canada, taking a risk-based approach.
  • Oversight of key business processes, controls, and adherence to regulatory requirements and internal policies.
  • Establish and maintain effective working relationships with business areas, compliance, audit, legal, and with regulatory staff.
  • Develop, document, and actively communicate existing, new, and amended Compliance requirements to management.
  • Assist management to identify, address, and integrate regulatory requirements into its business activities.
  • Establish and maintain procedures to assess compliance by the business with applicable laws and regulations.
  • Report on compliance programs, emerging and potential risks, control weaknesses, significant issues, and key regulatory developments.
  • Assess the adequacy of adherence to and effectiveness of controls to ensure they are sufficiently robust to achieve compliance with applicable regulatory requirements.
  • Actively ensure compliance with regulatory, industry, and best practices expectations for Compliance functions.
  • Effectively challenge the business.
  • Identify opportunities for process improvements or opportunities for automation.

Requirements

  • University degree and/or relevant experience.
  • Solid understanding of RCM programs in a financial institution setting.
  • Knowledge of key operational supporting functions and applicable regulatory rules.
  • Ability to distill complex requirements without oversimplifying or missing critical components.
  • Experience in the build, management, and administration of a compliance program.
  • Excellent oral and written communication skills with demonstrated relationship management and conflict resolution skills.
  • Ability to effectively prioritize in a diverse and fast-paced environment.
  • Ability to work with ambiguity.
  • Previous experience in a large institution with a matrix organizational structure an asset.
  • French is an asset.

What's in it for you

  • Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives.
  • We are proud to be a leader in the financial services industry, with a strong commitment to sustainability and social responsibility.
  • We offer a dynamic and inclusive work environment, with opportunities for professional growth and development.
  • We are committed to diversity and inclusion, and strive to create a workplace where everyone feels valued and respected.
  • We offer a comprehensive benefits package, including health and wellness programs, retirement savings plans, and paid time off.