Senior Analyst, Model Risk Governance

Job Description

We are looking for an enthusiastic visionary to join Corporate Model Risk Management (CMRM) as Senior Analyst, Model Risk Governance. Model Risk Governance is a small team responsible for the independent oversight, measurement, and reporting of Sun Life's model and business computing tool (MBCT) risk, including emerging risks such as Artificial Intelligence (AI) and Generative AI.

We are very passionate about improving our MBCT risk management processes and reducing Sun Life’s overall MBCT risk. We are looking for someone who is enthusiastic about process improvement, drives for efficiency changes, and is client focused. In this role we will work together to improve Sun Life’s MBCT governance process and gain valuable experience utilizing your soft skills such as project and time management, and client relations. You will also use your strong critical thinking skills to perform effective challenge.

If this sounds like the role and team you want to join, please apply!

Reporting to the Director of Model Risk Governance, the successful candidate will be a key contributor in the Corporate Model Risk team including monitoring compliance with policies and guidelines by which Models and BCTs are classified, tested, and approved. The successful candidate will also be accountable for the maintenance, review and oversight of the centralized MBCT inventory system. ​

The successful candidate will work closely with and gain exposure to our many global stakeholders and partners in the business and second line functions. They will also be responsible for identifying areas for enhancement of our MBCT inventory system, developing requirements, testing and implementation of these changes. These interactions will give the successful candidate opportunities to enhance their leadership potential by honing their critical thinking and negotiation skills.

What will you do?

Play a key role in the development of a stronger second line function for Model and BCT risk

Contribute to the modernization of the Model and Business Computing Tool Risk Management Policy and related Enterprise Operating Guidelines that ensure compliance with evolving regulatory requirements and new technologies

Drive innovation in our MBCT inventory and governance processes to improve risk monitoring and enhance capabilities for monitoring Gen AI tools

Engage with global stakeholders to identify potential MBCT risk issues within the organization and ensure escalation and management actions are put in place to address these

Work closely with the Director of Model Risk Governance to build our Center of Excellence for MBCT risk management, including training and development for all stakeholders

Build strong relationships with MBCT risk contacts in the business groups and stay abreast of any MBCT related challenges they may have

Contribute to a culture of continuous learning and innovation

What do you need to succeed?

3 to 5 years of experience in Risk Management, Finance, Actuarial Science, or other related disciplines

Strong analytical and problem-solving skills, with the ability to make well-informed, rational decisions and reach sound conclusions based on available information and experience

Strong stakeholder management, relationship management, and influencing skills dealing with a broad range of stakeholders

Critical thinking and ability to provide effective challenge

Solid communication skills (written and verbal) with the ability to explain complex ideas to a non-technical audience

Excellent project management and time management skills with a proven commitment to quality and meeting deadlines while handling multiple priorities

Experience with creating and building new approaches and bringing innovative ideas to fruition

Ability to work well both independently and in a team environment

Preferred :

Experience in risk management or related functions

Experience with Archer Risk Management solutions

Business knowledge and experience related to the Insurance and / or Financial Services industry

Experience in a large-size organization with multiple divisions and lines of business

What's in it for you?

Hybrid work environment

A friendly, collaborative, and inclusive culture

20 vacation days per year

Flexible Benefits from the day you join to meet the needs of you and your family

Pension, stock and savings programs to help build and enhance your future financial security

The opportunity to move along a variety of career paths with amazing networking potential

Access to our Global Learning Centre, available 24 / 7 for your learning needs

Wellness programs that support the three pillars of your health – mental, physical and financial

Recent Awards :

We are honoured to be recognized as a 2022, 2023, 2024 and 2025 Best Workplaces in Canada by Great Place to Work® Canada