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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.
Be your best at Canada Life.
The Assistant Vice-President, Enterprise Risk Management plays a key role in supporting the Vice President, Enterprise Risk Management with responsibilities in the development, management and optimization of the Company enterprise risk management framework including embedding the Risk Framework into the decision making process.
What you will do:
Independently lead, manage and implement projects and initiatives to enhance the Corporation’s system of risk management to supporting business decisions and development as well as to increase efficiency gain and optimization for the Risk and Compliance Function:
Enterprise Risk Management:
Liase regularly with Risk Heads / Segment CROs to provide support to develop an efficient and aligned enterprise risk management framework across Lifeco
Develop and implement the organization’s overall policy framework which includes communicating and obtaining feedback from key stakeholders
Develop and manage processes to monitor and measure compliance with the policies including escalation of breaches
Promote greater understanding of the Company’s overall ERM Policy
Coordinate and facilitate Risk and Compliance policy review cycle
Streamline and enhance Lifeco’s policy framework, including annual Update of Risk Policies and the Risk Policy Assurance program
Interact with Risk Heads/Segment CROs to develop and implement ERM shared service initiatives
Provide support to VP, Enterprise Risk Management and SVP, Head of ERM as necessary to effectively incorporate new risks, evolving risks and new regulatory requirements within our risk and compliance frameworks
Assist in the design and implementation of various aspects of risk management monitoring and reporting functions to facilitate the Corporation’s enterprise risk management framework process
Coordinate effective risk governance to ensure consistent and timely workflow and reporting to Senior Executives and the Board Risk Committee
Manage quarterly Executive Risk Management Committee and Risk Committee agenda and production of agenda materials
Provide leadership and oversee key projects to expand the ERM function, e.g. Risk and Compliance 3.0 scorecard, technology solution management
Lead and implement Policy Document Management System (PDMS) for the Risk Function, act as the subject matter expert and business lead for enterprise wide roll out and develop the governance and support model for PDMS
Establish processes and controls to implement and monitor policy framework
Act as the business lead for other Governance Risk Compliance (GRC) key applications implementation as appropriate
Develop technology solutions and alignment for risk and compliance related processes to improve efficiency
Work with multiple stakeholders to drive optimal results
Develop reporting for key initiatives for the ERM function
Report on key deliverables for the ERM function
Project manage key initiatives to ensure timelines are met and issues are escalated in a timely manner
Respond to ad-hoc requests
Complete other tasks and responsibilities as required
Annually develop rating agency materials to promote Lifeco’s system of risk management
Explore opportunities to expand shared services for efficiency to the broader Risk and Compliance Function
Develop process and report on key initiatives to Risk and Compliance leadership to ensure successful implementation of risk and compliance strategy
Present and communicate results to senior management
Develop internal and external risk disclosure and presentations, such as
Regulatory review requests, rating agency presentation and data request
Risk and compliance leadership sessions and ERM forums planning and coordination
Townhall & department meeting materials
Support the awareness of Great-West Lifeco's risk taking philosophy, risk appetite, policy, governance, procedures and processes to ensure a common understanding of risk practices and risk exposures
Develop and foster effective working relationships across the organization
Research on risk and regulatory related topics to help management make informed decisions
Maintain an understanding of industry best practices and trends on risk governance, policies and reporting
Attracts and retains high caliber, Risk professionals by recognizing organizational and individual needs
Sets vision and priorities for the team with clarity and confidence, effectively managing capacity and planning activities and ensuring staff are set up for success
Influences staff in functions and business to achieve outcomes in a highly consultative and partnering manner
Continually develop the overall capability of a diverse team and accurately appraises the strengths and development areas of the team through constructive feedback
Leads by example, setting a positive tone and cultivating a constructive learning culture
Support the professional development of the team, focusing on core analytical, strategy, and communications skills, elevating the brand of the team and the individual team members
What you will bring:
MBA or professional designation preferred
10 years of experience leading risk or compliance teams in the financial services industry within complex business environments at a senior level (Director or above)
Well developed analytical problem solving skills and demonstrated ability to design solution from high level strategic vision with limited direction and oversight
Strong strategic and tactical thinking skills while managing the hands-on aspects of getting the job done.
Excellent communication skills (verbal and written) with the ability to communicate complex issues to technical and non-technical audiences. Demonstrated experience managing cross-functional communications.
Influential: able to motivate others into action; gifted relationship builder; able to build rapport, collaborate, influence, manage conflict and communicate with a myriad of stakeholders.
Demonstrated organizational, planning and interpersonal skills.
Demonstrated program management and enterprise-wide coordination experience.
Proficient in Word, Excel and PowerPoint.
Flexibility, drive, and the ability to problem solve, with a strong results orientation.
Be your best at Canada Life- Apply today!
We are one of Canada's top 100 employers!
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.
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted