You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You’ll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you’ll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

JOB DESCRIPTION:

Reporting to the AVP, Sanctions and ABAC Oversight, the role is responsible for executing critical economic sanctions compliance and regulatory risk management practices with key stakeholders within the Business Units (BUs), Business Groups (BGs) and Corporate Functions (CFs) including Corporate and Local Legal teams to ensure that sanctions risk is managed in accordance with regulatory requirements in Canada and sanctions imposed by other jurisdictions in which we operate. In this role, you will support a robust governance model that aligns with the Enterprise Regulatory Compliance Management Program (RCM), in order to facilitate effective identification, measurement, management, monitoring and reporting of sanctions risk.
You have a strong financial services experience, with in depth knowledge of sanctions regulations, and how they are operationalized in a large and complex organization like Sun Life across multiple jurisdictions. You are a compliance professional, skilled in managing and resolving difficult ethical dilemmas and unyielding integrity to do the right thing under difficult circumstances, even if unpopular. You will establish yourself as trusted partners, for the mitigation of sanctions compliance risks by providing advice, oversight and challenge in support of helping Clients achieve lifetime financial security and live healthier lives.

• Provide advice to BUs/BGs Money Laundering Reporting Officers (MLROs) and local compliance staff on sanctions related matters.
• Assist in reviewing and assessing sanctions risk related to new initiatives across the organization, ensuring their implementation are conducted in compliance with applicable sanctions.
• Work closely with internal stakeholders ensuring sanctions risk associated to third parties is appropriately understood and controlled.
• Support development, maintenance and/or implementation of governance frameworks and standards for sanctions oversight.
• Escalate sanctions related compliance risks to relevant stakeholders within the organization
• Provide subject matter expertise on annual enterprise sanctions risk assessment and drive changes to methodology and questionnaire as required.
• Work closely with BUs/BGs to ensure effective execution of the enterprise annual sanctions risk, challenging inputs and perspectives from BUs/BGs as required.
• Focus on regulatory compliance management, including regulatory inventory and taxonomy.
• Assist Sun Life entities in meeting RCM obligations particularly in the identification and mapping of relevant sanctions regulations and associated controls.
• Monitor and evaluate the effectiveness of key controls and risk management strategies.
• Help develop appropriate reporting, management information and training.