At a Glance
- Tasks: Lead AI risk management and ensure responsible AI adoption across the business.
- Company: Join Canada Life, a trusted leader in improving Canadians' well-being.
- Benefits: Enjoy competitive salary, health benefits, education reimbursement, and flexible work options.
- Other info: Dynamic workplace with career growth, community involvement, and employee support.
- Why this job: Make a real impact by promoting responsible AI innovation and governance.
- Qualifications: Experience in risk management, AI governance, and strong communication skills required.
The Director, AI Business Risk helps the business adopt artificial intelligence (AI) responsibly while managing operational, regulatory, customer and conduct risks. This role leads business-owned AI risk and control activities, embeds AI governance expectations into day-to-day processes, and supports the delivery of AI-enabled capabilities in line with enterprise policies, standards, risk appetite and our code of conduct.
You will work closely with business leaders and partners in Technology, Data, Legal, Privacy, Compliance and Risk to help ensure AI use cases are well controlled, documented, monitored and ready for review.
What you will do:
- Lead the delivery of business AI risk and control activities, including planning, prioritization and stakeholder communication.
- Coordinate business input for AI use cases, including process and customer impacts, operational readiness, control requirements and post-implementation learnings.
- Participate in project gating as the AI subject matter expert.
- Work with Business Risk and Controls teams to identify AI-specific control gaps, support remediation plans, and escalate material risks or unresolved issues through established governance channels.
- Help prepare the business for AI specific second-line reviews, internal audits, regulatory reviews, and other independent challenges by maintaining clear, timely, and complete records.
- Translate enterprise AI policies, standards, compliance requirements and risk appetite expectations into practical business requirements and controls.
- Monitor relevant legal, ethical, regulatory, and enterprise guidance and coordinate required business changes.
- Partner with Compliance, Legal, Privacy, Technology Risk, Data, Business Risk and Control teams and other risk partners to resolve questions and align business practices with enterprise expectations.
- Support AI-related business attestations, risk assessments, control testing inputs, and remediation updates.
- Advise business teams that explore, implement or operate AI-enabled capabilities.
- Help leaders and employees understand responsible AI accountabilities and escalation paths.
- Partner with risk, Business Risk and Controls learning and business teams to support role-based responsible AI education and adoption.
- Promote responsible innovation that considers customer outcomes, ethical impacts, operational resilience, and regulatory expectations.
What you will bring:
- Significant experience in business risk and controls, operations, compliance, privacy, technology risk, data governance, AI governance, or a related field.
- Experience supporting the business adoption of AI, data analytics, automation, or other technology-enabled capabilities.
- Experience designing, operating or monitoring first-line controls and supporting the remediation of risk or compliance issues.
- Strong working knowledge of AI, machine learning, data governance, model risk concepts, and responsible AI practices.
- The ability to translate emerging AI risks into practical business controls and governance routines.
- Experience advising senior stakeholders and influencing cross-functional teams.
- Strong written and verbal communication skills, with the ability to explain complex AI, risk, and control topics in plain language.
- Leadership experience gained through people leadership, project leadership or leading through influence.
- An understanding of Canadian financial services operations, risk expectations and compliance obligations.
- A bachelor's degree in business, commerce, risk management, law, computer science, engineering, mathematics, statistics, or a related field.
Assets:
- A master's degree or specialized education in AI, data, privacy, risk, compliance, business transformation or responsible technology.
- An Artificial Intelligence Governance Professional certification from the International Association of Privacy Professionals, or a similar responsible AI, privacy, risk, compliance or control designation.
The base salary for this position is between $128,200- $178,200 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.
Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.
Grow with Canada Life. We’re united by a shared purpose: to improve the financial, physical and mental well-being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.
We’re looking for people who live our values every day: we step up, we do the right thing, and we deliver – for our customers, communities and each other. Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from 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.
Learn more about Canada Life. 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.
Director, AI Business Risk in London employer: Canada Life
Canada Life is an exceptional employer that prioritises the well-being and professional growth of its employees. With a strong commitment to career development, flexible health benefits, and a supportive work culture, employees are encouraged to thrive in their roles while contributing to the community. The bilingual Customer Service Representative role offers a structured environment where you can make a meaningful impact by assisting clients with empathy and professionalism.
StudySmarter Expert Advice🤫
We think this is how you could land Director, AI Business Risk 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 Director, AI Business Risk 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!
