Director Compliance Assessments
The Great-West Life Assurance Company
London, ON
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, and Winnipeg

Our Story

We are proud to announce that Canada Life will become our company brand under which our three companies service – Great West Life, London Life, and Canada Life.

Together, Great-West Life, London Life and Canada Life have been in the business of keeping promises for over a century. The new Canada Life brand combines the strengths of all three – so we can better deliver on our purpose: To improve the financial, physical and mental well-being of Canadians.

Role Description

Reporting to the AVP Corporate Compliance, the Director, Compliance Assessments is responsible for executing the corporate Compliance Assessment program and methodology across the Canadian operations of Great-West Life, London Life and Canada Life, as well as defining Canadian corporate level standards and best practices related to the effective assessment of compliance regulatory risk and related compliance controls.

In this role the incumbent will play a key role in the development, evolution and maintenance of Compliance governance through the planning, directing and execution of compliance assessment testing strategies as well as through the day to day support of individual assessors as they conduct compliance control testing. This role will also be responsible for leading and evolving the development of a mature Compliance Assessment strategy, including team development and the implementation of best practices as determined through regular consultation with peers in other jurisdictions.

Define Canadian Corporate methodologies and best practice strategies to assess regulatory compliance control effectiveness across all Canadian operations;
Develop a risk-based approach to compliance control effectiveness assessment/testing across Canadian operations consistent with the Global Compliance Test methodology;
Prepare and implement a comprehensive annual assessment plan based on inherent risks identified through the annual Compliance Risk Assessment process and through an awareness of significant risk drivers gained through regular consultation with key stakeholders as well as through regular reviews of new and emerging regulation and other potential risk vectors;
Demonstrate subject matter expertise related to assessment and testing methodologies and best practices;
Generate management information and reporting related to assessment status, assessment findings and other metrics as necessary;
Build, maintain and leverage key relationships both within Compliance and with internal business partners to help advance compliance objectives;
Provide leadership and/or consultation to support team members as they execute specific compliance assessments;
Support the on-going development of both the team and individual team members by identifying opportunities for skills enhancement, increasing the breadth and depth of subject matter expertise and cross training.

Qualifications and Competencies:
Proven organizational and management skills
Experience working with teams, in both a leader and member role
Strong interpersonal and relationship management skills, including the ability to foster strong working relationships with business partners at all levels
Proven ability to influence without direct authority
Superior communication skills, both verbally and in writing
Excellent analytical, problem solving and trouble shooting ability
Demonstrated expertise with assessment testing methodologies

Discover your opportunity….Apply today!

Great-West Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness in our head office facilities. If you’d like to join our team submit your information online and introduce yourself.

Together Great-West Life, London Life and Canada Life serve 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.

Great-West Lifeco would like to thank all applicants, however only those who qualify for an interview will be contacted.