Manager, Compliance
Sun Life Financial
Waterloo, ON-
Number of positions available : 1
- Salary To be discussed
- Published on May 1st, 2025
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Starting date : 1 position to fill as soon as possible
Description
You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.
Job Description:
Reporting to the Director, Health Solutions Compliance, this role focuses on the day-to-day compliance oversight of Health Solutions at Sun Life Health. As part of the second line of defense, you will collaborate with members from various business areas, including Operational Risk, Legal, and Internal Audit, to ensure compliance risks are managed according to regulatory requirements.
This role requires a significant amount of independent work and, requires the ability to navigate ambiguity with ease. Utilizing an established regulatory compliance management (RCM) program, you will provide oversight and guidance to the second line of defense (2LOD), empowering the business unit to make informed decisions while adhering to regulatory expectations.
A compliance or risk professional, you have financial services experience, with a strong understanding of regulatory requirements as they impact the Health Ecosystem. You demonstrate high personal and professional standards, act with integrity, and operate as a trusted partner for the mitigation of compliance risks by providing advice, oversight and challenge in support of helping Clients achieve lifetime financial security and live healthier lives.
What will you do?
Build and maintain a regulatory inventory for Health Solutions, Compliance
Promote compliance awareness and provide effective challenge of 1LOD activities
Ensure business has robust compliance structures in place, integrated with Sun Life’s existing RCM program
Assist 2LOD in designing and making available compliance-related training for relevant staff
Provide business with interpretation on existing, new, and amended Compliance requirements
Report on compliance programs, emerging and potential risks, control weaknesses, significant issues, and key regulatory developments
Assess the adequacy and effectiveness of controls to ensure they are sufficiently robust to achieve compliance with applicable regulatory requirements
Perform compliance testing on established controls within the business
Develop and maintain relationships with key stakeholders in business, operations, compliance, audit, legal, and with regulatory staff
What do you need to succeed?
2 to 5 years of experience in an OSFI-regulated environment, with alignment to a three lines of defence model
Demonstrated experience and understanding of regulatory compliance within the financial services sector, with specific understanding and experience within health products
Relevant university degree and/or experience in an oversight function
Experience or education background in healthcare
Knowledge of key operational supporting functions and applicable regulatory rules
Ability to distill complex requirements without oversimplifying or missing critical components
Ability to understand the overall theme of a regulatory requirement despite the abundance of detailed provisions
Ability to identify compliance risks and assess the severity of the risk
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
Strong interpersonal skills and experience working in a team environment
As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only for the frequent interactions with English and French-speaking colleagues or internal partners across Canada or worldwide.
Preferred Skills:
Experience with Archer regulatory management system is an asset
What's in it for you?
Hybrid work environment
A friendly, collaborative, and inclusive culture
20 vacation days per year
Flexible Benefits from the day you join to meet the needs of you and your family
Pension, stock and savings programs to help build and enhance your future financial security
The opportunity to move along a variety of career paths with amazing networking potential
Access to our Global Learning Centre, available 24/7 for your learning needs
Wellness programs that support the three pillars of your health - mental, physical and financial
Recent Awards:
We are honoured to be recognized as a 2022, 2023 and 2024 Best Workplaces in Canada by Great Place to Work® Canada
Great Place to Work® list for Best Workplaces for #HybridWork 2022
Great Place to Work® list for Best Workplaces for Professional Development in Canada 2022
Named “Best Places to Work” by Glassdoor, 2021 and 2023
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The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.
Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.
Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.
At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.
We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.
Salary Range:
78,000/78 000 - 128,000/128 000Job Category:
CompliancePosting End Date:
11/05/2025Requirements
undetermined
undetermined
undetermined
undetermined
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