Compliance Officer, Testing

The Canada Life Assurance Company • Toronto, ON

20h • CA$54,700 - CA$104,700 • Hybrid

About The Position

Reporting to the Manager, Compliance Testing, 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.

Requirements

• 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)
• Detail oriented

Responsibilities

• 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.

Benefits

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.
• Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
• Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.
• Financial Security: Company-matching pension plan, share ownership program and additional investment options.
• Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed