Corporate Compliance Specialist

5 days ago


Markham, Canada Allstate Canada Full time

**Who is Allstate**: Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive, welcoming corporate culture. Allstate is committed to making a positive difference in the communities in which it operates through partnerships with charitable organizations, employee giving and volunteerism. Serving Canadians since 1953, Allstate strives to provide reassurance with its "You’re in Good Hands®" promise. - Through our Employee Value Proposition, Opportunity, Flexibility, Community, Diversity and Family, we have worked hard to develop and nurture a culture where employees feel valued, experience personal growth, have career options and truly enjoy the work they do._ **Role Designation**: Hybrid position 1-2 days per week in office **Benefits to joining Allstate** - Flexible Work Arrangements - Employee discounts (15% on auto and property insurance, plus many other products and services) - Good Office program (receive up to 400$ back after purchasing office equipment) - Student Loan Payment Matching Program for Government Student loans - Comprehensive Retirement Savings Program with employer matched contributions - Annual Wellness allowance to support employees with improving health and wellbeing - Personal reflection day - Tuition Reimbursement - Working within the community and giving back The Corporate Compliance Specialist is accountable for the ongoing support and maintenance of ACG’s (Allstate Companies Group) company-wide Regulatory Compliance Management Program and Financial Control Framework. The Corporate Compliance Specialist will play a key role in enhancing ACG compliance programs (with direction from Manager, Corporate Compliance & in partnership with ACG Corporate Compliance team) designed to manage regulatory and financial risk - and to mitigate impact of ACG’s strategy in terms of financial, reputational, and operational. **Accountabilities**: - Guarantee all policies and procedures are implemented and well documented, performing internal reviews, and identifying compliance gaps/issues that call for formal attention - Work alongside Manager, Corporate Compliance on all critical initiatives (Regulatory Compliance Management, SOX/Financial Control Framework, Non-Compliance/Audit issues or projects, and new initiatives and project work) - Support the Corporate Compliance (Manager) in the development of training materials, communications, presentations, related to ACG Financial Control and Regulatory Compliance programs. Where, applicable, identify gaps and/or recommendations to support the Compliance programs - Perform ACG Regulatory Compliance Risk Assessments (Sourcing & Procurement Solutions process) for new vendors, including tracking and assignment (triage) of new contract notifications - Conduct Regulatory and Financial Control (either risk assessment or spot checks) to identify risks and opportunities to enhance controls and processes. Consult, with support from Manager, Corporate Compliance, key stakeholders and legal - Educate business areas on changes to our compliance related processes and understand/uncover any roadblocks or gaps in existing programs. Evaluate potential risks and recommend solutions and/or controls to alleviate them - Ensure connectivity across all cross-functional departments & Enterprise partners to guarantee alignment of current and future processes to key corporate programs - Answers general inquiries from cross functional departments and/or Enterprise business partners, which requires interpretation of policies, procedures, rules and regulations, research of documented processes - Prepare and design monthly/ad-hoc reporting; Corporate Compliance Dashboard, Regulatory Spot-check progress and trending reports, and Allstate US (Internal Controls over Financial Reporting, Financial Information Balancing, Findings) reporting - Support creation of project plans and track progress of compliance/non-compliance projects, financial and regulatory findings; including, collaborate with cross-functional areas, to facilitate and gather information **Qualifications**: - Minimum 3-5 years’ experience with regulatory or internal control programs - Post-secondary degree or diploma specialized in Business Management, Finance or Law - Strong analytical, investigative skills, critical thinking, and sound judgement - Excellent attention to detail and ability to learn, follow and optimize processes - Exposure to internal or external audits, process improvement initiatives and other internal control enhancements - Ability to work as a team player in a dynamic, fast-paced environment with the ability to work well under pressure and prioritize tasks **Bonus Qualifications**: - Chartered Insurance Profe


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