Associate Manager, Regulatory Compliance Management

Canada Life
$63,500 - $117,400 a year
London, Ontario
Full time
1 day ago

Permanent Full Time


We are looking for an Associate Manager, Regulatory Compliance Management


Overview


This role, part of the Canada Compliance team in the second line of defense, performs a critical function in our regulatory change management process. In addition to monitoring the legislative and regulatory environment and managing communication of Company-wide regulatory and legislative updates, the role also manages and facilitates the Company's involvement in regulatory consultations and supports the management and maintenance of our regulatory library and Compliance reporting.


This role offers the opportunity to work with a varied group of key stakeholders across the entire organization. Working closely with colleagues across Compliance, Risk, and Legal, and the business, this position provides a strong foundation in the Compliance function, the Canadian regulatory environment, and the impact on business strategy.


What you will do:

  • Working with second line of defence partners and teams across the business (including first line of defence teams), support the regulatory change management process, from identifying regulatory and legislative changes and amendments to monitoring the implementation of new legislation and regulation in the organization

  • Identify and produce the catalogue of legislative and regulatory changes on a regular basis

  • Identify regulatory consultations that may impact our business, assist in coordinating responses, and manage and monitor the regulatory consultation process

  • Lead internal working groups as needed to develop tools, and recommend new or improved processes, to enable initial applicability analysis and assessment of risk to various elements of the business

  • Develop strategies and processes that are capable of responding to the changing regulatory environment and organizational change

  • Assist in the facilitation of the regulatory change management process, across Compliance, Risk, Legal, and other stakeholders

  • Communicate with senior leaders through Company-wide communications related to regulatory change management

  • Assist in the development of a centralized regulatory change management tool and work with our business partners to implement and utilize the tool

  • Ensure employee requests related to activities outside the Company are responded to in a timely manner; track requests for outside activities

  • Provide other regulatory change management support as requested from time to time, including the support of the organization’s regulatory requirements library and Compliance reporting

  • Maintain positive, effective working relationships with compliance team members, business partners and other stakeholders


What you will bring:


  • 3+ years of experience within the financial services/insurance industry or related field

  • Sophisticated understanding of the Canadian legislative process and regulatory environment

  • Excellent judgment and communication skills, to develop and influence process, procedure, and program improvements, and help drive change

  • Excellent interpersonal and collaboration skills and ability to build positive, effective working relationships; ability to establish credibility with our partners from the outset

  • Superior strategic thinking skills to understand compliance strategy and objectives, and linkages to organizational strategy

  • Exceptional attention to detail, time management, organizational, and project management skills

  • An ability to follow established processes and procedures; identify opportunities for improvement; drive efficiency gains

  • Ability to quickly absorb information and learn detailed information about business structures and financial products

  • Strong Microsoft 365skills; experience with PowerBI is an asset

  • Bilingualism (fluent in English and French) is a significant asset

  • University degree in a relevant field is an asset

  • Relevant designations/certifications/licenses are an asset

The base salary for this position is between $63,500 - $117,400 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 Canada Life- Apply today!


Being a part of Canada Life 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’re 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.


Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.


Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.


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 talentacquisitioncanada@canadalife.com.


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


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