Job Opportunities: Senior Compliance Specialist (9070)
Wawanesa InsuranceJob ID: 9070
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: $95,000- $115,000. 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; Edmonton, 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
The Senior Compliance Specialist stands at the forefront of Wawanesa’s compliance framework, operating with a high degree of autonomy under the Director of Compliance. As a seasoned expert in compliance matters, this role is pivotal in steering, enlightening, and advising the business teams engaged in frontline compliance operations.
In this role, you will craft and deploy sophisticated compliance program processes, procedures, and tools, thereby elevating and refining the organization’s compliance stature. You will work with the Compliance team to propel group and enterprise-wide goals, offering seasoned advice and support to Compliance Specialists.
Job Responsibilities
- Risk Mitigation Advisory: Offer strategic counsel to the business on crafting and executing compliance processes, procedures, and tools to proactively diminish compliance risks.
- Diligently reviews and interprets laws, regulations, and industry best practices, translating them into actionable insights for the business.
- Specialist Support: Provide expert guidance, advice, and backing to first-line Compliance teams, fostering an environment of continuous improvement and compliance excellence.
- Assessment Leadership: Take charge of control effectiveness self-assessments within the business, ensuring diligent follow-up on management action plan items for comprehensive risk management.
- Compliance Reporting: Collaborate with the Director of Compliance to generate regular, insightful reports detailing compliance events, activities, and the overall status of compliance programs for leadership review.
- Learning and Development: Pinpoint and create learning opportunities, coordinate the development of training materials, and conduct training sessions on regulatory changes or updates that necessitate compliance supervision.
- Relationship Management: Strengthen business relationships by connecting with peers and leaders, particularly those engaged in primary compliance activities.
- Compliance Innovation: Under the guidance of the Director of Compliance, work alongside the Risk, Legal, and Compliance group and business stakeholders to foster the development and refinement of compliance practices and processes.
- Project Coordination: Manage and implement projects delegated by the Director of Compliance and the Vice President, Chief Compliance Officer, aligning with strategic compliance objectives.
- Versatile Role Fulfillment: Execute additional responsibilities as needed, demonstrating flexibility and strategic alignment with the business’s compliance goals.
Qualifications
- Minimum 5 years’ prior experience in a compliance setting, preferably working for a federally regulated financial institution.
- Post-secondary education with a focus on legal, business or accounting matters (or equivalencies) required. Completion of a Juris Doctor (JD) or Bachelor of Laws (LLB) degree an asset
- Knowledge of the insurance industry experience an asset.
- Knowledge of Microsoft Office and experience with GRC tools (such as Ethidex, Archer, Resolver)
- Excellent analytical and problem-solving skills, with the ability to conduct detailed analysis of information, and to select and implement best solutions in a timely manner.
- Exceptional written and oral communication skills, with the ability to communicate at the right level for the audience and present information or arguments in a convincing manner.
- Excellent planning and organizing skills, with the ability to develop and prioritize effective plans that define activities, resources and timelines.
- Excellent attention to detail with the ability to influence key relationships.
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!
Diversity Equity, Inclusion & Belonging
Wawanesa is an equal opportunity employer and is committed to fostering a diverse workforce that is equitable and inclusive for all. Wawanesa provides equal employment opportunity to all employees and applicants without regard to an individual’s protected status: race/ethnicity, colour, religion, creed, sex or gender, sexual orientation, gender identity or expression, family or marital status, pregnancy/childbirth or related conditions, national origin, disability, military or veteran status, or any other protected status. Disability or medical-related accommodations are available upon request throughout all aspects of the recruitment and selection process. Candidates requiring reasonable accommodations may contact, in confidence, jobs@wawanesa.com.
If you are interested in this exciting, challenging position with Wawanesa, apply today with your Resume.