Director, Compliance Governance, Programs, and Reporting

The Canada Life Assurance Company • Toronto, ON

5d • CA$128,200 - CA$178,200 • Hybrid

About The Position

Reporting to the AVP Corporate Compliance, this role will be the key contact for Compliance reporting and governance for the Canadian segment. The role will work cross-functionally with Canada Risk and Compliance teams including 1st line to manage the planning and execution of work to deliver all reporting requirements and will play a key role in the development, evolution and maintenance of Compliance governance. The role works closely with Business Partners and their teams, Global Risk & Compliance, Canada Risk & Compliance, and other Control Functions, as well as key stakeholders within business unit first line teams.

Requirements

• 6–9+ years of progressive experience in compliance, risk management, or regulatory roles within a regulated financial services environment
• Strong knowledge of Canadian regulatory expectations and experience applying those requirements in practice
• Demonstrated ability to translate regulatory requirements into clear, executable compliance processes and controls
• Experience designing, operating, or enhancing compliance management and frameworks that withstand regulatory scrutiny
• Credible experience engaging with regulators, and senior executives in a clear, confident, and disciplined manner
• Strong leadership, judgment, communication, and influencing skills, with the ability to operate as a trusted advisor to senior leaders
• University degree required

Nice To Haves

• professional compliance or risk designations are an asset

Responsibilities

• Manage and evolve the governance of Compliance across the organization through the development of strategies, tools, and processes aligned with OSFI E-13 and other applicable regulatory requirements
• Lead the development, maintenance and continual enhancement of the Canadian Regulatory Compliance Management Framework including governance structures, methodologies, standards, reporting processes and maturity assessments
• Responsible for the R&C governance tools and strategies that support Policy Management and Assurance, Risk Acceptance, and Initiative Oversight
• Participate in regulatory reviews or requests for information, as needed
• Manage and evolve the volume and complexity of quarterly Canadian Risk Committee and Compliance reporting, as well as other ad hoc reports as required
• Review feeder reports and analysis for quality and completeness, ensuring analysis is accurate, insightful, impactful, and includes clear calls to action
• Continuously review reporting deliverables to identify opportunities to innovate and streamline reporting activities and platforms
• Provide independent review and effective challenge of compliance program business partner, 1B, and other compliance reporting to identify emerging themes and risks, testing assumptions to articulate key stories, implications and requirement management action
• Responsible for leading and evolving the Canadian division’s compliance with the Risk Appetite Framework, risk policies, operating standards, and guidelines
• Provide support and guidance for significant enterprise and divisional risk disclosures
• Successfully manage the approach and opportunities for development against the Compliance Continuous Improvement model by assigning maturity levels, monitoring performance, and reporting on results
• Engage others and support the implementation of change to enhance Compliance programs
• Build, maintain, and leverage key relationships within Compliance and with internal business partners to help advance Compliance objectives
• Lead and develop a high-performing team by building capability, consistency, and a continuous improvement mindset

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: Director