Manager, Compliance Programs

Job ID : 8211

Working Business Language : English.

Salary : At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees.

In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.

The salary offered for this role is determined with consideration to various factors, including but not limited to : your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role.

The salary offered is estimated to be within the following range : $130,000 - $155,000. Candidates with salary expectations outside of the range are still encouraged to apply.

About Us

At Wawanesa, we're proud to offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work.

You may work from any of the following locations : Winnipeg, MB; Calgary, AB; Toronto, ON.

The Wawanesa Mutual Insurance Company ("Wawanesa Mutual"), founded in 1896, is one of Canada's largest mutual insurers, with over $3.

5 billion in annual revenue and assets of $10 billion (CAD). Wawanesa Mutual, with its National Headquarters in Winnipeg, is the parent company of Wawanesa Life, which provides life insurance products and services throughout Canada, and Western Financial Group, which distributes personal and business insurance across Canada.

Wawanesa proudly serves more than 1.7 million members in Canada, and we are home to more than 3,600 employees distributed across the Canadian regions and communities where we operate.

We give back to organizations that strengthen communities, donating more than $3.5 million annually to charitable organizations, including over $2 million annually in support of people on the front lines of climate change.

To learn more visit wawanesa.com.

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

Reporting to the Director, Compliance Programs and Reporting, the Manager, Compliance Programs contributes to Wawanesa's culture of compliance by providing leadership to the compliance team focusing on several key regulatory compliance programs and manages the compliance controls monitoring and testing program developed to address regulatory compliance requirements in accordance with OSFI's E13 Regulatory Compliance Management (RCM) Guideline.

Job Responsibilities

• Leads a team of compliance specialists within the compliance programs team, providing mentorship, development, and coaching.
• Manages the creation and maintenance of the regulatory compliance risk universe.
• Prepares a risk-based regulatory compliance controls testing plan, assigns resources, and ensures execution of testing to meet OSFI's RCM and Wawanesa's RCM Framework requirements.
• Identifies and provides advice to senior leaders in affected business and enterprise support teams on improving internal controls to mitigate regulatory compliance risk.
• Identifies and champions opportunities for data analytics and technology in testing and monitoring regulatory compliance controls.
• Ensures tracking and reporting on management action plans to address control gaps or deficiencies.
• Develops reporting on testing and monitoring activities, and the results of compliance programs.
• Leads the development and execution of key compliance programs at an enterprise level, providing advice, business readiness support, testing & monitoring, and reporting, for Wawanesa's Anti-Money Laundering and Anti-Terrorist Financing (AMLATF) Program and Third Party Risk Management Program.
• Provides oversight over the execution of first line compliance programs implemented to address regulatory compliance objectives.
• Supports the development and participates in the execution of initiatives and activities which align with the priorities of other compliance function leaders, using a risk-based approach, to support Wawanesa's Regulatory Compliance Management Framework.
• Collaborates with members across the legal and governance teams and other business and enterprise services teams to identify, assess and mitigate regulatory compliance risk.
• Performs other additional duties, projects and responsibilities as assigned.

Qualifications

• University degree in relevant field.
• A minimum of 8 years of relevant experience in a compliance, risk, or audit setting.
• Direct people leadership experience on projects or in teams.
• Substantial experience in an insurance setting preferred.
• A thorough understanding of compliance control development, monitoring, assessment, and reporting.
• A proven pragmatic approach to dealing with cross-functional teams and change management initiatives.
• Ability to express complex policy, program or process concepts and requirements clearly and concisely, both orally and in writing.
• Strong project planning, development, and execution skills.
• Excellent ability to collaborate and communicate effectively with a variety of internal stakeholders.
• Ability to synthesize information from various sources, independently identify and resolve problems quickly, using strong decision-making skills to achieve the appropriate result.
• Must be able to multi-task, take initiative and work well independently with strong process orientation.
• Bilingualism (French and English) would be considered an asset.
• Ability to travel both domestically and to the United States.

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Wawanesa is proud to be one of Manitoba's Top Employers, a Kincentric Best Employer in Canada and a Forbes Best Employer in Canada recognizing an exceptional place to work!

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