Senior Analyst, Model Risk Governance

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:

About The Role:

We are looking for an enthusiastic visionary to join Corporate Model Risk Management (CMRM) as Senior Analyst, Model Risk Governance.  Model Risk Governance is a small team responsible for the independent oversight, measurement, and reporting of Sun Life's model and business computing tool (MBCT) risk, including emerging risks such as Artificial Intelligence (AI) and Generative AI.

We are very passionate about improving our MBCT risk management processes and reducing Sun Life’s overall MBCT risk.  We are looking for someone who is enthusiastic about process improvement, drives for efficiency changes, and is client focused.  In this role we will work together to improve Sun Life’s MBCT governance process and gain valuable experience utilizing your soft skills such as project and time management, and client relations.  You will also use your strong critical thinking skills to perform effective challenge.

If this sounds like the role and team you want to join, please apply!

What will you do?

Reporting to the Director of Model Risk Governance, the successful candidate will be a key contributor in the Corporate Model Risk team including monitoring compliance with policies and guidelines by which Models and BCTs are classified, tested, and approved. The successful candidate will also be accountable for the maintenance, review and oversight of the centralized MBCT inventory system. ​

The successful candidate will work closely with and gain exposure to our many global stakeholders and partners in the business and second line functions. They will also be responsible for identifying areas for enhancement of our MBCT inventory system, developing requirements, testing and implementation of these changes. These interactions will give the successful candidate opportunities to enhance their leadership potential by honing their critical thinking and negotiation skills.

• Play a key role in the development of a stronger second line function for Model and BCT risk
• Contribute to the modernization of the Model and Business Computing Tool Risk Management Policy and related Enterprise Operating Guidelines that ensure compliance with evolving regulatory requirements and new technologies
• Drive innovation in our MBCT inventory and governance processes to improve risk monitoring and enhance capabilities for monitoring Gen AI tools
• Engage with global stakeholders to identify potential MBCT risk issues within the organization and ensure escalation and management actions are put in place to address these
• Work closely with the Director of Model Risk Governance to build our Center of Excellence for MBCT risk management, including training and development for all stakeholders
• Build strong relationships with MBCT risk contacts in the business groups and stay abreast of any MBCT related challenges they may have
• Contribute to a culture of continuous learning and innovation

What do you need to succeed?

• 3 to 5 years of experience in Risk Management, Finance, Actuarial Science, or other related disciplines
• Strong analytical and problem-solving skills, with the ability to make well-informed, rational decisions and reach sound conclusions based on available information and experience
• Strong stakeholder management, relationship management, and influencing skills dealing with a broad range of stakeholders
• Critical thinking and ability to provide effective challenge
• Solid communication skills (written and verbal) with the ability to explain complex ideas to a non-technical audience
• Excellent project management and time management skills with a proven commitment to quality and meeting deadlines while handling multiple priorities
• Experience with creating and building new approaches and bringing innovative ideas to fruition
• Ability to work well both independently and in a team environment

Preferred Skills:

• Experience in risk management or related functions
• Experience with Archer Risk Management solutions
• Business knowledge and experience related to the Insurance and/or Financial Services industry
• Experience in a large-size organization with multiple divisions and lines of business

What's in it for you?

• Hybrid work environment
• A friendly, collaborative, and inclusive culture
• 20 vacation days per year
• Flexible Benefits from the day you join to meet the needs of you and your family
• Pension, stock and savings programs to help build and enhance your future financial security
• The opportunity to move along a variety of career paths with amazing networking potential
• Access to our Global Learning Centre, available 24/7 for your learning needs
• Wellness programs that support the three pillars of your health – mental, physical and financial

Recent Awards:

• We are honoured to be recognized as a 2022, 2023, 2024 and 2025 Best Workplaces in Canada by Great Place to Work® Canada
• Great Place to Work® list for Best Workplaces for #HybridWork 2022
• Great Place to Work® list for Best Workplaces for Professional Development in Canada 2022
• Named “Best Places to Work” by Glassdoor, 2021 and 2023

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 thebrightside@sunlife.com.

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you! Several 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:

80,000/80 000 - 128,000/128 000

Job Category:

Risk Management

Posting End Date:

19/10/2025