Avp Business Risk

Permanent Full Time

We are looking for an **_AVP, Business Risk & Controls_** to join our Insurance Solutions division.

In this role, the AVP Business Risk & Controls, Insurance Solutions will drive governance and controls priorities for insurance solutions, covering risk, resilience, and compliance. This will be accomplished through partnering with business unit leaders to set the risk and compliance objectives and develop risk and compliance annual plans that will promote a strong control environment, risk culture, and business ownership of risk.

**What you will do**
- Drive planning and execution of risk and resilience assessments, development of mitigating actions, working and tracking them to closure, including on the exception of strategic and important business initiatives
- Proactively monitor internal and external changes and risk factors; leverage risk data to identify and mitigate risks
- Lead risk-based prioritization of controls testing and execute testing by leveraging central Business Risk & Controls capabilities. Review testing results and remediation actions
- Implement monitoring to ensure that processes and controls are designed and operating effectively, and that need-based investigations are performed as required
- Drive completion of compliance inherent risk assessments, and collaborate with the 2LOD to facilitate completion of annual compliance test plans. Map controls, identify remediation actions, and track mitigation actions to closure
- Drive triage, analysis, classification of issues, risk events, and incidents; undertake root cause analysis to develop remediation plans, and track remediation plans to closure
- Generate and publish business unit specific risk and compliance reports and validate outputs with all insurance and distribution teams
- Oversee the implementation of data governance and quality processes for risks and compliance data within the business unit
- Manage risk and compliance related communication, attestations, training implementation and provide audit support for business teams
- Lead business unit specific regulatory change, regulatory remediation programs, and risk transformation programs by leveraging central Business Risk & Controls capabilities including but not limited to our Insurance Advisor Compliance portfolio
- Provide relevant business context and inputs to 2LOD and central Business Risk & Controls teams to design and implement risk and regulatory change and remediation programs
- Advise business teams on process and control improvements by leveraging central Business Risk & Controls capabilities and in partnership with business SMEs
- Lead and mentor a team aligned to supporting each functional unit in risk-related activities

**What you will bring**
- 10 years of risk management, compliance or governance experience within the financial services industry
- 7+ years of experience in a people management role. Strong leadership and team management skills with the ability to lead and motivate a team
- Certification experience in risk/compliance and/or governance preferred (e.g. GRC, Operational / Enterprise Risk, Financial Risk related)
- Ability to influence senior management and experience of driving change including adoption of improved processes, technology enablement across functions
- Excellent communication and stakeholder skills, with the ability to facilitate discussions and provide training on risk and compliance topics
- Strategic leadership with industry knowledge, deep expertise in governance, risk and compliance and a strong understanding of leading and emerging practices
- Sound understanding of risk management principles, regulatory requirements, and compliance standards
- Strong industry and cross-functional knowledge, experience of effectively interfacing with business and technology teams

The base salary for this position is between **$111,000****:

- $205,500** annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Be your best at Canada Life

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of m