Manulife Financial Corporation

Director, Operational Resilience

Manulife Financial Corporation$125K — $175K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in operational risk, resilience, or risk management in financial services.
  • Proven experience in developing and implementing effective resilience strategies.
  • Strong leadership background managing cross-functional teams and project management.
  • Effective presentation and facilitation skills for diverse audiences.
  • Deep knowledge of risk management principles, standards, and operational tools.
  • Ability to build relationships and influence various stakeholders across functions.
  • High self-motivation with a strong sense of ownership for project outcomes.
  • Expertise in developing and maintaining banking policies and procedures.

Responsibilities

  • Lead and mentor a team of 7 professionals in risk management.
  • Manage the Bank's Operational Risk and Resilience program, ensuring compliance with regulatory standards.
  • Oversee the Third Party Risk Governance program and its execution.
  • Conduct ongoing testing and monitoring for regulatory and operational controls.
  • Design the Bank's Anti-Fraud oversight program in collaboration with relevant departments.
  • Maintain and update the Bank's policies and procedures related to operational risk.
  • Ensure effective completion of the RCSA program through partnerships with diverse teams.
  • Prepare monthly updates for the Bank Leadership on regulatory and internal risks.

Benefits

  • Comprehensive health, dental, and vision insurance.
  • Mental health support and wellness programs.
  • Flexible paid time off including holidays, vacation, and sick days.
  • Retirement savings plans with employer matching contributions.
  • Financial education and counseling resources to enhance personal finance management.
Full Job Description

The Director, Operational Risk and Resilience, is an experienced leader in 1st line operational risk management with deep experience in retail banking. As a member of the Strategy, Governance and Controls team the successful candidate is responsible for executing the Bank's Operational Risk and Resilience program and ongoing testing and monitoring of both regulatory and operational controls for operational resilience and operational effectiveness across all channels. The ideal candidate has a deep knowledge of operational risk management frameworks and regulatory & compliance accountabilities within the business. Understanding of products and services and how they are delivered to the customer in all channels is required to effectively construct an operational controls framework for the Bank.

Position Responsibilities:

  • Lead and develop a team of 7 risk professionals providing coaching and development opportunities.

  • Manage Bank's Operational Risk and Resilience program, partnering with the Global functions to design effective monitoring & controls.

  • Oversee and execute the Bank’s ongoing Third Party Risk Governance program.

  • Oversee and execute testing and monitoring of the Bank regulatory and operational controls.

  • Design and establish the Bank’s Anti-Fraud oversight program in partnership with Bank Fraud Operations and 2nd line Anti-Fraud.

  • Oversee documentation and ongoing management of Bank's policies & procedures.

  • Accountable for Bank's RCSA program, partnering with Operations, and 2nd line Operational and Information Risk Management to ensure effective challenge and inherent/residual risk assessments are complete.

  • Manage monthly 1B updates for the Bank Leadership team to coordinate update of all issues, audits, CAPs, and regulatory efforts across the Bank.

  • Support Bank’s change management process by identifying risks and proposing appropriate controls

Required Qualifications

  • Experience in operational risk and/or resilience, business continuity or risk management in financial services.

  • Proven track record of developing and implementing resilience strategies.

  • Experience leading cross-functional teams and managing projects.

  • Strong presentation and facilitation skills; comfortable addressing large and small audiences.

  • Expert knowledge of risk management principles, best practices, and tools

  • Ability to foster and build relationships, engage and influence others, work with diverse subject matter experts.

  • High level of self-motivation and keen sense of 'owning' and delivering on project deliverables.

  • Ability to provide direction for policies and procedures to be developed and maintained for the bank.

  • Strong understanding of banking regulations and dealing with internal AML, Compliance and Risk partners.

Preferred Qualifications:

  • Bilingualism (English and French) is an asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.

The role being advertised is an existing vacancy.

Referenced Salary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$125,100.00 CAD - $175,100.00 CAD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. 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. If you are applying for this role outside of the primary location, please contact for the salary range for your location.

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 for more information about U.S.-specific paid time off provisions.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our .

About Manulife Financial Corporation

John Hancock's core retail products in the U.S. focus on providing financial solutions at every stage of our clients' lives. Our product suite includes life insurance, mutual funds, 401(k) plans, long-term care (LTC) insurance, and annuities. We distribute our products primarily through licensed financial advisors, and through John Hancock Financial Network, a national network of independent firms.

Manulife Financial Corporation Careers

Join the dynamic team at Manulife Financial Corporation, a leading global financial services group dedicated to helping people make their decisions easier and lives better. With a presence in more than 20 countries, Manulife offers a diverse range of job opportunities that empower professional growth and innovation in the financial sector. Work You’ll Do At Manulife, every position contributes to our inclusive culture of diversity, leadership, and innovation. We are committed to fostering a workplace where every team member feels valued and has the opportunity for personal and professional growth. Join us to be part of a company that values your skills and passion. Explore a Wealth of Opportunities Whether you're seeking your first internship or a seasoned professional aiming to advance your career, Manulife offers a spectrum of career paths ranging from finance and marketing to technology and customer service. Our job opportunities are designed to enhance your skills through robust training programs and hands-on experience in a supportive environment. Innovate with Us Drive transformation in the financial services industry with Manulife’s commitment to technology and innovation. Work alongside over 34,000 professionals globally, leveraging cutting-edge tools and processes that redefine how financial services are delivered. Be Part of a Great Team Manulife’s team-oriented approach ensures that everyone’s voice is heard and valued. Collaborate with talented professionals from diverse backgrounds to develop solutions that improve the lives of our customers. Enjoy the benefits of a global company that supports your ambitions with resources and opportunities to lead and innovate. Future-Proof Your Career Manulife supports your career journey with continuous learning and development opportunities. From leadership training to networking events, we provide the tools to succeed and the platforms to showcase your achievements. Our commitment to career growth ensures that your journey with us will be rewarding and impactful. Stay Connected Join Our Team Discover the range of job opportunities at Manulife by exploring open positions that match your skills and interests. We are always on the lookout for curious, driven, and innovative team players who are ready to make a difference. Keep Up to Date Stay informed with the latest company news, career tips, and industry insights—all from the people who work here. Manulife is dedicated to providing you with the resources to thrive in your career. Job Alert Emails Customize your experience by subscribing to receive job alerts and insider information tailored to your preferences. Learn about exciting and rewarding opportunities as they arise and how you can be a part of our transformative team. Join Manulife Financial Corporation today and be part of a leading company where your career is as rewarding as it is impactful. Explore how far your talents can take you in an environment built on respect, integrity, and a desire to achieve the best outcomes for our clients and our team.
Learn more about Manulife Financial Corporation
Size
38,000 employees
Market Cap
$33.4 billion
Industry
Founded
1887
5 Year Trend
+1%
NASDAQ

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