Permanent Full Time
As the Compliance and Risk Manager, Bangaluru you will play a key role in providing independent oversight of operational and regulatory risk management for the Global Capabilities Centre. As a lead and acting as a subject matter expert, you will offer strategic advice and guidance to assist the business to meet its risk and compliance obligations. Your expertise will support the development, implementation and monitoring of policies and regulations, ensuring alignment with industry standards. Through your work directly with business partners, you will foster a strong culture of compliance, continuous improvement, and drive positive change across the organization.
What you will do
Monitor, interpret and maintain awareness of new and existing regulatory and compliance requirements,
Providing expertise, advice and oversight of regulatory obligations, including providing appropriate guidance to the business on potential impacts and appropriate controls.
Assess the adequacy of, adherence to, and effectiveness of day-to-day risk and compliance procedures and controls and provide reports on all potential or actual risk and compliance issues ensuring that they are investigated and remediated as appropriate.
Collaborate on projects and daily activities to provide expert guidance on relevant legislation, guidelines, and best practices, to support business strategy and address risk and compliance issues.
identify and provide guidance to the business concerning risks associated with projects and initiatives and escalate any issues and proposed solutions to the Director or AVP or other management as necessary.
Provide independent challenge, guidance, and advice to the business, reporting on and addressing action items to enable Risk and Compliance to effectively oversee the businesses activities.
Create and deliver high-quality presentations related to relevant regulatory requirements or risk issues.
Provide guidance to team members and stakeholders, including feedback and prioritization.
Perform other duties as needed to support these accountabilities and to support the goals of the department
What you will bring
Willingness to work flexible hours to support collaboration across time zones, particularly between Canada and India.
- Post-secondary education or equivalent experience in a financial services role, with a focus on compliance and operational risk.
- Experience researching and interpreting regulations and legislation and communicating requirements to stakeholders is an asset.
Proven ability to identify, assess, communicate, and address business risks and control gaps.
Skilled in evaluating policies, processes, and systems to identify risk and control deficiencies.
Strong relationship-building and influencing skills across diverse stakeholders.
Excellent verbal and written communication skills.
Strong analytical and problem-solving abilities.
Highly organized with attention to detail; able to prioritize, multitask, and meet deadlines.
Proficient in Microsoft Office (Teams, Outlook, Excel, Word, PowerPoint); Power BI is an asset.
The base salary for this position is between $84,900- $155,700 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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