Manager, HR Third Party Risk

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:

We are seeking a highly skilled Third-Party Risk Manager to join our dynamic team. The ideal candidate will be responsible for identifying, assessing, and mitigating risks associated with third-party relationships, in addition to overseeing daily contract management activities. This role plays a crucial part in ensuring that our organization continues to operate securely and efficiently while maintaining compliance with all relevant regulations.

Directly reporting to the Director, HR Risk and Compliance Management, a successful candidate has the business acumen, leadership skills and understanding of supplier, contract and third-party risk management to effectively manage HR's third party risk program.

What will you do?

• Follow the established third-party risk management (TPRM) framework and ensure that HR aligns with the company’s TPRM Program standards and requirements

• Lead a dynamic team of Supplier Relationship Managers to ensure that internal stakeholders are adequately supported with the contract management process

• Conduct thorough risk assessments of third-party suppliers based on the TPRM requirements

• Monitor and evaluate the risk profile of third-party relationships on an ongoing basis

• Collaborate with internal stakeholders across Corporate HR to ensure TPRM practices are integrated into business processes and timely executed for efficient contract management results

• Maintain a centralized repository of third-party risk and supplier information using company TPRM tools such as, JIRA and ServiceNow

• Ensure compliance with relevant regulatory requirements and industry standards

• Provide regular reports and updates to the Director and Senior Management on the status of third-party risks and supplier contracts that require additional attention

• Collaborate with Enterprise Risk to understand and address risk mitigation strategies and ensure effective implementation of the TPRM Policies, Guidelines and Framework

• Stay current on emerging trends and best practices in third-party risk management

What do you need to succeed?

• Bachelor’s degree in business, Finance, Risk Management, or a related field

• At least 5 years of experience in risk management, compliance, or a related area

• Self-motivated with an ability to manage multiple priorities and meet deadlines

• Experience with leading people and encouraging others in daily accountabilities

• Professional certifications such as Certified Third-Party Risk Professional (CTPRP) or Certified Risk Manager (CRM) are preferred

• Strong analytical skills with the ability to identify and assess potential risks

• Excellent communication and interpersonal skills

• Proven ability to work collaboratively with cross-functional teams

• Experience with risk assessment tools (e.g., ServiceNow, Archer) and methodologies

• Strong understanding of regulatory requirements (e.g., B-10, OSFI Integrity and Security Guidelines) and industry standards related to third-party risk management

• Strong organizational skills and Detail oriented

• Proficient in Microsoft Office Suite and other relevant software applications

What's in it for you?

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

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

• We’re committed to creating an inclusive and respectful environment. Our goal is to make sure all our employees have the chance to live up to their full potential

• We’re honoured to be recognized as a 2023 Best Workplaces in Ontario by Great Place to Work® Canada

• We are thrilled to be recognized by Excellence Canada with their top-level certification, the Canada Order of Excellence for Mental Health at Work®,  for prioritizing employee well-being, fostering a positive work culture, and achieving excellence in mental health

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The Base Pay range is for the primary location for which the job is posted.  It may vary depending on the work location of the successful candidate or other factors.  In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance.  Certain sales focused roles have sales incentive plans based on individual or group sales results. 

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to [email protected].

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:

78,000/78 000 - 128,000/128 000

Job Category:

Human Resources

Posting End Date:

16/01/2025