Full-Time

Manager – Regulatory Compliance Management

Global Compliance Operations

Posted on 11/21/2024

Sun Life

Sun Life

10,001+ employees

Provides life, health insurance, and financial services

Financial Services

Compensation Overview

$78k - $128kAnnually

Senior

Toronto, ON, Canada + 1 more

More locations: Kitchener, ON, Canada

Flexible hybrid work model.

Category
Risk & Compliance
Legal & Compliance
Required Skills
Data Analysis
Requirements
  • University education or equivalent experience, with a minimum of 7+ years in regulatory compliance, governance, legal or relevant experience within the financial services industry.
  • Strong understanding of OSFI’s E-13 Guideline with experience translating requirements into sustainable compliance programs for large complex organisations, proven expertise in RCM framework enhancement, including regulatory change management, risk assessments, issues management, and control testing.
  • Skilled in GRC tools, particularly RSA Archer, with knowledge of system configurations, data management and integration of business processes.
  • Proficiency in data analysis, including creating dashboards, data models, and visualisations to provide insights and support reporting needs.
  • Strong written and verbal communication skills, with the ability to translate technical data and compliance insights into clear, actionable advice, demonstrated experience presenting to senior leadership and collaborating across functions.
  • In-depth understanding of financial services compliance, including relevant legislations and regulatory requirements, with a focus on the asset management sector and associated operational challenges.
  • Experience in identifying and implementing technology-driven solutions to enhance compliance processes.
Responsibilities
  • Advance and enhance Sun Life’s Enterprise Regulatory Compliance Management (RCM) program by championing industry best practices and providing active change management leadership to drive continuous improvements in the RCM framework.
  • Act as an RCM expert and relationship manager by fostering collaboration and strong working relationships across local business unit Compliance teams, providing strategic advice and ensuring that all RCM program elements are documented and managed effectively.
  • Manage and maintain the Governance, Risk and Compliance (GRC) tool (Archer) including drafting business requirements, overseeing data integrations, testing system changes, addressing end-user queries to ensure data integrity and alignment with Enterprise RCM objectives.
  • Conduct oversight and quality assurance of RCM processes and controls across business groups, identifying areas for improvement, driving remediation efforts, and ensuring that programs are fit for purpose.
  • Utilize data analytics tools to create dashboards, perform trend analysis and develop visual reports to assess the effectiveness of compliance programs and provide regular reporting, including actionable metrics and insights for senior management.
  • Lead and participate in compliance related projects and initiatives as needed, representing the compliance group in cross-functional projects, industry committees, forums, as well as delivering training on RCM methodology, processes and best practices, including the GRC tool Archer.

Sun Life offers a variety of financial services, including life insurance, health insurance, financial planning, and investment solutions. Their products are designed to help individuals, businesses, and institutions achieve financial security and improve their overall well-being. Sun Life operates in multiple regions, including Canada, the United States, Asia, and Europe, which allows them to serve a diverse client base. The company generates revenue through insurance premiums, fees for financial planning services, and returns from investment products. A key aspect that sets Sun Life apart from its competitors is its commitment to sustainability, with a goal of reaching net zero emissions by 2050.

Company Stage

IPO

Total Funding

N/A

Headquarters

null, null

Founded

N/A

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Simplify's Take

What believers are saying

  • Sun Life's consistent recognition as a Top Workplace indicates a positive work environment and strong employee satisfaction.
  • The company's strategic appointments, such as Maya Beri as CIO and Randy Lianggara as president of emerging markets in Asia, suggest a focus on leadership and growth in key regions.
  • Sun Life's philanthropic efforts, including significant donations and grants, reflect a strong commitment to community support and corporate social responsibility.

What critics are saying

  • The competitive landscape in global financial services requires Sun Life to continuously innovate to maintain its market position.
  • Economic fluctuations and regulatory changes in diverse markets could impact Sun Life's financial performance and strategic initiatives.

What makes Sun Life unique

  • Sun Life's commitment to sustainability, aiming for net zero emissions by 2050, sets it apart in the financial services industry.
  • The company's diverse product offerings, including life and health insurance, financial planning, and investment solutions, cater to a wide range of clients globally, unlike competitors with narrower focuses.
  • Sun Life's innovative technology, recognized by awards like the HKB Technology Excellence Awards, enhances client engagement and service delivery.

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