Compliance Officer, Testing

1 day ago

Toronto, Ontario, Canada The Canada Life Assurance Company Full time $52,800 - $97,700

 Temporary Full Time

Reporting to the Director, Compliance Testing, Lifeco and Canada, this role supports the second line of defence mandate with respect to compliance oversight by providing independent monitoring, review, testing, and validation of compliance related controls operating across all Canadian operations of Canada Life.

What you will do:

Execute compliance testing in accordance with Compliance Testing procedures and Global Compliance Testing Methodologies.Evaluate the adequacy and effectiveness of compliance controls by reviewing and analyzing artifacts and data.Investigate anomalies to identify root causes.Assist in compliance testing engagements, including planning, execution, and reporting.Prepare engagement letter, working papers, testing issues, and draft reports.Familiarize with GRC tool and support its enhancement by providing inputs.Support the tracking of testing issues and their closure.Perform other duties as assigned by Compliance Testing Lead.

What you will bring:

Bachelor's degree in Accounting, Finance, Business Administration, or a related field is required.1-3 years of relevant experience in internal controls, preferably in Internal Audit, Compliance or Operational Risk Management capacity.Strong analytical and problem-solving skills, with the ability to drive issues to conclusion and navigate complex data sets.Excellent verbal and written communication skills.Experience of financial services sector (banking, insurance, credit unions). Quality-focused: Strives for excellence in every deliverable.
Self-motivated: Doesn't wait for instructions; takes ownership of tasks.

The base salary for this position is between  $52,800 - $97,700 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.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Great-West Lifeco and Canada Life - Apply today 

Great-West Lifeco Inc is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the United States, and Europe under the brands: Canada Life, Empower and Irish Life. 

At the end of 2023, our companies had over 33,500 employees, 232,000 advisor relationships, and thousands of distribution partners – serving approximately 42 million customer relationships.

Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.

Being a part of our organization 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 are 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.

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact

We would like to thank all applicants, however only those who qualify for an interview will be contacted.

#LI-Hybrid

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