The Compliance Manager will provide ongoing support to our Group Benefits business.  Responsibilities will include handling inquiries and questions from our business partners, providing support on new and existing initiatives, legislation, marketing reviews and other regulatory compliance functions as may be required. The incumbent must have a detailed knowledge of the applicable compliance requirements, industry issues and be familiar with insurance and group benefits generally to develop solutions that meet business needs. In this role, the Compliance Consultant will interact with our business partners, management in the health and dental benefits and disability areas.  They will also have regular interaction with our privacy Office, other members of our compliance team and legal counsel.

Position Responsibilities:

• Develop, implement, and maintain compliance programs, policies, and procedures to ensure that Group Benefits applicable regulatory requirements are met.

• Support the marketing reviews and provide related approvals in accordance with Manulife policies and procedures.

• Investigate situations where a compliance issue has been identified, and either resolve the problem or advance to the Compliance Director and/or the Chief Compliance Officer.

• Investigate privacy issues in conjunction with the Privacy Office to provide advice and direction.

• Respond to sophisticated compliance inquiries from all areas of the business unit and provide timely advice and creative solutions to address the needs of members, advisors, plan sponsors and Manulife, while satisfying regulatory requirements.

• Assist with legislative analysis and impact assessments based on requests from the business relating to projects, initiatives, or new product lines. Develop, monitor, and deliver targeted employee training on compliance matters. Prepare self-assessments and other reports required by Divisional Compliance and Group Benefits management.

• Develop, and carry out, assessment programs to ensure compliance controls are operating optimally.

• Participate as a compliance representative on business initiatives and projects to improve compliance controls within Group Benefits.

• Participate in Divisional discussions regarding compliance programs.

• Draft documentation and supporting materials in support of audits and regulatory examinations and regulatory compliance incidents.

• Participate in any other tasks that may be assigned from time to time.

Required Qualifications:

• Strong compliance and/or legal experience in the insurance industry.

• Law degree or auditing background would be considered an asset, but not required.

• Compliance or Privacy designation or certification would be considered an asset, but not required.

• Keen curiosity about reviewing, analyzing and interpreting legislation is ideal

• Proven track record to think creatively and look for solutions.

• Proven understanding of insurance products and procedures in various operational areas is an asset.

• Knowledge of applicable legislation and regulations is preferred

• Ability to readily recognize and evaluate the impact of current or potential compliance issues.

• Ability to quickly understand business processes and their risk implications, analyze sophisticated situations, reach appropriate conclusions, make practical recommendations and exercise good judgment in raising issues.

• Excellent written and verbal communication skills, with the ability to simplify complicated messages.

Preferred Qualifications:

• Strong social skills, influencing and relationship management skills.

• Ability to work with fluid and changing accountabilities.

• Teammate who is willing to assist team members on projects and assist in sharing workloads when vital.

• Can work independently and in a team environment.

• Ability to deliver effective training on compliance issues and requirements.

• Interacts optimally with management and counterparts in other business units.

• Ability to interact with regulatory staff to ensure efficient handling of raised licensing issues.

• Maintains collaborative relations with regulatory staff.

• Ability to take ownership for compliance programs and operate ensuring compliance objectives are achieved.

• Professional demeanour and adherence to a high ethical standard.

• Ability to apply LAN and PC applications including: Windows, Microsoft Office, Excel.

• Bilingual fluency in both spoken and written English and French is desirable.

When you join our team:

• We’ll empower you to learn and grow the career you want. 

• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. 

• As part of our global team, we’ll support you in shaping the future you want to see.

#LI-HYBRID

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Waterloo, OntarioHybrid

Salary range is expected to be between

$78,975.00 CAD - $142,155.00 CAD

If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.