Senior Compliance Specialist Jobs

We are looking for a Sr. Compliance Specialist, Market Conduct.

Do you want to be part of a supportive and collaborative team? Do you want to be involved in new and interesting challenges each day? Do you want to make a difference to the Canadians we serve? If so, we’re searching for the right candidate to join the Market Conduct Compliance team. The successful applicant will play a key role in regulatory compliance and risk management of our distribution area.

As the Sr. Compliance Specialist, Market Conduct, you will provide independent oversight of strategic initiatives, operations, and the regulatory risk management framework for our distribution area, with particular emphasis on advisor suitability and assessment programs. You will work directly with the first line of defence to provide expertise and guidance on risk management and regulatory compliance to support the business in meeting their requirements. This includes assessing processes to make recommendations that improve compliance and reduce conduct risk. You will be a positive change advocate by suggesting and implementing improvements to the overall risk and compliance culture within the business.

Reporting into the Manager, Market Conduct, you will be responsible for the following:

• Execute on obligations under OSFI E-13, including providing effective challenge, oversight of our distribution area including subsidiaries, expertise, and guidance to the business as it relates to our operational risk and regulatory compliance management obligations.
• This will include participation in business led initiatives, providing the business with insights into new and proposed regulatory changes, and assisting with implementation
• Effective management, oversight, and effective challenge of risk and regulatory compliance management for Distribution
• Oversight and support of strategic initiatives, maintaining awareness of new and existing risk and regulatory compliance requirements, and applying same to provide appropriate guidance to the business on potential impacts and appropriate controls
• 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
• Effectively demonstrate a high level of technical and business acumen to ensure our compliance and conduct risk is managed appropriately.

What you will do:

• Provide effective (timely and constructive) challenge and oversight to 1 st line distribution
• Center of excellence for all areas of the company with respect to the distribution area and conduct risk/ compliance issues
• Collaborate with various internal stakeholders to provide comprehensive support to the business and ensure compliance risk is appropriately managed
• Interpret current and new regulations and legislation at both provincial and federal level using knowledge to ensure processes meet strict regulatory requirements related to securities and other regulatory requirements
• Oversee strategic initiatives by supporting change management, ensuring planning and implementation appropriately considers risks, impacts and dependencies
• Provide oversight of regulatory compliance and risk related processes in our distribution line of business to strengthen the risk and compliance culture within the organization
• Assess the adequacy of, adherence to, and effectiveness of risk and compliance procedures and controls and provide reports on potential or actual issues, ensuring they are investigated and remediated as appropriate
• Communicate regulatory and legislative changes in an appropriate and meaningful fashion to the appropriate audience, providing advice and guidance to the business on the implementation of regulatory changes and ongoing oversight
• Liaise and consult with distribution management, and advisor groups and provide compliance and risk support, including presentations, webinars, workshops or other education opportunities
• Gather, analyze, and prepare data from distribution areas including the advisor suitability and assessments area, for quarterly reports to global C ompliance and R isk

What you will bring:

• Experience in insurance and/or securities rules and regulations is an asset
• Able to actively adapt to changing business models and new technology
• Ability to effectively use Microsoft Office programs (Outlook, Excel, Word, PowerPoint)
• Effectively demonstrate a high level of technical and business acumen to ensure our conduct and operational risks are appropriately managed
• Post-secondary education preferred, however applicants with an equivalent level of training or experience will be considered
• 5 years of progressive compliance and/or operational risk experience within the financial services industry; experience within the second line of defence is an asset
• Able to apply critical and analytical thinking to resolve a variety of complex situations
• Strong interpersonal skills and ability to build relationships and influence change effectively with a broad range of individuals and groups
• Excellent verbal and written communication skills
• Very good organizational skills with strong attention to detail, ability to prioritize, multi-task and meet deadlines

Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: London, Toronto.

Be your best at Great-West Lifeco and Canada Life - Apply today!

Great-West Lifeco Inc. is a leading international financial services holding company headquartered in Canada with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. It operates in Canada, the United States, and Europe under the brands: Canada Life, Canada Life Germany, Canada Life UK, Canada Life Reinsurance, Empower Retirement, Putnam Investments and Irish Life.

In Canada, Great-West Lifeco operates under the Canada Life brand, offering a broad portfolio of financial and benefit plan solutions and serves the financial security needs of more than 12 million customers. Globally our combined companies have approximately 24,500 employees, 205,000 advisor relationships, and thousands of distribution partners – all serving more than 30 million customer relationships across these regions.

Being a part of our organization 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 are 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.

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 [email protected] .

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