Director, Risk and Compliance Advisory | Great West in London

Director, Risk and Compliance Advisory | Great West in London

London Full-Time No working from home possible
Canada Life

At a Glance

  • Tasks: Provide strategic risk advice and guidance to corporate functions and initiatives.
  • Company: Join Great-West Lifeco, a leading international financial services company.
  • Benefits: Enjoy competitive salary, health benefits, and career development opportunities.
  • Other info: Flexible work options and a supportive community-focused workplace.
  • Why this job: Make a real impact by enabling informed decision-making in a dynamic environment.
  • Qualifications: Experience in risk management and strong communication skills are essential.

Are you passionate about enabling strategic initiatives through practical, business-focused risk advice and guidance? Great-West Lifeco is seeking a Director, Risk and Compliance Advisory, to provide oversight, guidance and advisory support for Great-West Lifeco corporate functions. The role helps initiative leads and operations teams identify, assess and manage risk and navigate enterprise requirements to support informed decision making. Acting as a trusted advisor and constructive and independent challenger, the role promotes practical, consistent and business-focused risk management while enabling initiatives to move forward with the right risk mitigations, and governance support to achieve their objectives.

The role facilitates and advises but does not replace accountability of initiative leaders nor accountabilities of specialist second-line functions. It is the primary second-line risk advisor and coordinator for enterprise corporate-function initiatives, responsible for ensuring the right risk expertise is engaged at the right time and that projects receive consistent, practical and business-focused risk challenge and guidance.

What you will do:

  • Provide advisory, coordination, challenge, oversight, governance and continuous improvement support for corporate function initiatives, helping teams manage risk effectively while delivering business outcomes.
  • Provide risk advisory support to corporate function initiative leads and teams, helping teams understand key risks, expected controls, governance considerations and practical next steps.
  • Act as a coordinating point between corporate function projects and Risk and Compliance subject matter experts, helping connect the right expertise at the right time.
  • Support effective second-line oversight by reviewing project artifacts, risk assessments and decision points, and by providing advice, guidance and independent challenge.
  • Facilitate collaboration across business segments and second-line functions to promote a coordinated, efficient and consistent approach to risk management.
  • Help initiative leads apply enterprise risk, compliance, privacy, operational resilience, third-party, data and other relevant frameworks proportionate to the project and business objective.
  • Promote consistent approaches to risk identification, assessment, mitigation and escalation across corporate function initiatives, while recognising that each project may have different context and complexity.
  • Advise on risk governance, issue management, residual risk, acceptance decisions and readiness for key project milestones or governance forums.
  • Identify themes, common questions and recurring support needs across initiatives.
  • Partner with Risk and Compliance teams to continuously improve guidance, tools, processes and ways of working.
  • Support a strong risk-aware culture by providing clear, pragmatic and business-enabling advice that helps projects move forward confidently and effectively.

What you will bring:

  • Demonstrated experience in risk management, compliance, operational risk, project governance or business advisory roles, ideally in a financial service or a regulated environment.
  • Strong generalist risk advisory capability, with the judgement to identify when specialist input is required and the ability to coordinate across subject matter experts.
  • Practical understanding of corporate functions, enterprise projects and the three lines of defence model.
  • Ability to translate complex risk and compliance expectations into clear, actionable guidance for project teams and senior stakeholders.
  • Strong stakeholder management and communication skills, with the ability to build trusted relationships with initiative leads, Risk and Compliance teams and cross-functional partners.
  • Sound analytical and problem-solving skills, with the ability to assess project context, identify risk considerations and recommend a risk-based approach.
  • Experience supporting governance forums, risk reviews, issue management, control assessments or project readiness activities is considered an asset.
  • Relevant professional qualifications in risk management, compliance, audit, finance, project management or related disciplines.
  • Curiosity and innovation mindset, with a strong interest in emerging technologies, AI and automation, and the ability to thoughtfully assess both opportunities and risks to the business.

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.

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 Great-West Lifeco policies.

Director, Risk and Compliance Advisory | Great West 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.

Canada Life

Contact Details:

Canada Life Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Director, Risk and Compliance Advisory | Great West in London

Join Compliance Communities

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Attend Industry Conferences

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Leverage Your University Career Services

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Showcase Your Knowledge Online

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We think you need these skills to ace Director, Risk and Compliance Advisory | Great West in London

Risk Management
Compliance
Operational Risk
Project Governance
Business Advisory
Stakeholder Management
Communication Skills

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!