At a Glance
- Tasks: Conduct compliance testing and evaluate controls across Canada Life's operations.
- Company: Join Canada Life, a trusted leader in financial services.
- Benefits: Enjoy competitive salary, health benefits, and career development opportunities.
- Other info: Flexible work environment with a focus on employee wellness and community involvement.
- Why this job: Make a real impact by ensuring compliance and supporting community well-being.
- Qualifications: 1-3 years in internal controls or compliance, strong analytical skills required.
The predicted salary is between 54700 - 104700 £ per year.
Reporting to the Manager, Compliance Testing, this role supports the second line of defence mandate with respect to compliance oversight by providing independent monitoring, review, testing, and validation of compliance related controls operating across all Canadian operations of Canada Life.
What you will do:
- Execute compliance testing in accordance with Compliance Testing procedures and Global Compliance Testing Methodologies.
- Evaluate the adequacy and effectiveness of compliance controls by reviewing and analyzing artifacts and data.
- Investigate anomalies to identify root causes.
- Assist in compliance testing engagements, including planning, execution, and reporting.
- Prepare engagement letter, working papers, testing issues, and draft reports.
- Familiarize with GRC tool and support its enhancement by providing inputs.
- Support the tracking of testing issues and their closure.
- Perform other duties as assigned by Compliance Testing Lead.
What you will bring:
- 1-3 years of relevant experience in internal controls, preferably in Internal Audit, Compliance or Operational Risk Management capacity.
- Strong analytical and problem-solving skills, with the ability to drive issues to conclusion and navigate complex data sets.
- Excellent verbal and written communication skills.
- Experience in the financial services sector (banking, insurance, credit unions).
- Detail oriented.
The base salary for this position is between $54,700.00 - $104,700.00 annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
What we offer:
- Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.
- Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
- Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.
- Financial Security: Company-matching pension plan, share ownership program and additional investment options.
- Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
- Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.
We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies.
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.
Compliance Officer, Testing in London employer: Canada Life
Canada Life UK is an exceptional employer that prioritises the well-being and growth of its employees, offering a modern and agile work environment in vibrant locations like Bristol, London, and Watford. With a strong focus on building better futures, the company fosters a welcoming culture and provides ample opportunities for professional development, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer, Testing in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Canada Life looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Officer, Testing in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Canada Life. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Canada Life
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Canada Life’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
