Compliance Advisor

Permanent Full Time 

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Reporting to the Manager, Compliance you will be responsible for providing first line risk and compliance support related to multiple business units within Workplace Solutions.  You will support our business partners with advice and guidance on effective risk management practices to enable them to meet their regulatory compliance obligations and implement effective controls.

What you will do 

Regulatory Compliance Management:

• Act as compliance representative on projects involving Group Benefits, Group Retirement Services and Freedom Experience, supporting the project team in managing timelines to ensure regulatory changes are implemented by the effective date
• Interpret new and updated legislation and regulatory requirements from provincial jurisdictions and regulatory authorities impacting Workplace Solutions
• Support the implementation of regulatory compliance controls such as accessibility and privacy
• Participate in regulatory update reviews and research legislation to provide constructive input into emerging rules and regulations and to provide appropriate guidance to the business on potential impacts
• Advise on data privacy and protection strategies and supporting initiatives to mitigate data privacy risk
• Research and respond to compliance and product & services queries from the administration teams and distribution channels including RFPs and NDAs
• Review and assist business unit in timely resolution of privacy breaches; take corrective action, as required 

Risk and Compliance Policy Management:

• Support the business in updating risk policies to align to new and updated Lifeco risk policies
• Create and update compliance policies, practices, and guidelines to comply with emerging regulatory requirements
• Conduct risk and compliance policy attestations to ensure compliance with internal policies and standards, including identifying gaps and coordinating with business teams to implement corrective actions

Internal Controls Testing and Client Contract Support:

• Perform and report on results of internal control testing, including assessments of privacy-related controls, to evaluate the design and operating effectiveness of processes and ensure compliance with regulatory and company policies and standards
• Support the completion of control questionnaires from clients, through collaboration with business teams and technology partners, ensuring responses are accurate and timely  

What you will bring 

• 4+ years of experience in a financial services industry role with operational risk and compliance related accountabilities
• Post-secondary education or equivalent combination of education and experience
• Reliability Status security clearance - this is a personnel security status that is required before an employee can gain access to Protected B information, assets or work sites as outlined by the Government of Canada website 
• Ability to review and interpret complex material
• Mature self-starter who assumes ownership of problems and identifies creative solutions
• Strong organization skills, and the ability to handle multiple priorities independently
• Dedicated team player, keen on sharing knowledge, skills and ideas with team members and business partners
• Proven ability to build effective relationships and work collaboratively with other areas
• Excellent analytical, strong problem-solving skills and trouble-shooting ability
• Evidence of clear and effective communications with all levels of management
• Proficiency in Microsoft Office applications (Outlook, Excel, Word, PowerPoint); experience with risk assessment tools is an asset
• As this position is posted in several locations, we specify that bilingualism is an asset (fluent in French and English) but is required for Quebec only as the position will regularly serve our clients with French and English-speaking needs

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The base salary for this position is between $58,600 - $107,500 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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