Manulife Financial Corporation

Senior Manager, Data Risk Oversight

Manulife Financial Corporation • $113K — $163K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in data risk, governance, or related fields.
  • Bachelor's degree in a relevant discipline such as Computer Science or Risk Management.
  • Experience in designing frameworks for data risk oversight, ideally in financial services.
  • Strong knowledge of data governance, including quality and access management.
  • Ability to analyze risk across complex organizations and familiarity with relevant regulations.
  • Proficiency in overseeing data used in AI and advanced analytics.
  • Strong communication skills, with the ability to influence without authority.

Responsibilities

  • Design and continuously improve data risk oversight frameworks and methodologies.
  • Build practical tools and guidance for Information Risk Officers.
  • Aggregate and analyze data risk to identify systemic themes and exposures.
  • Provide independent evaluations of AI and data risk program effectiveness.
  • Set enterprise standards across the entire data lifecycle.
  • Define oversight approaches for data privacy and sensitive-data classification.
  • Establish expectations for third-party and AI-generated data risks.

Benefits

  • Opportunities for career growth and personal development.
  • Flexible working environment promoting well-being and inclusion.
  • Support from a global team for shaping future initiatives.
  • Access to a comprehensive range of customizable health benefits.
  • Generous paid time off including vacation, personal, and sick days.
Full Job Description

The AI & Emerging Technology Risk Oversight team, part of Global Risk Management, is an independent second-line function. We provide oversight and challenge of how Manulife manages its AI, technology, cyber, data, and emerging technology risks as the company expands its use of data and new technologies.


Manulife is seeking an experienced Senior Manager, Data Risk Oversight, to build the frameworks, standards, methodologies, and tools that enable effective data risk management and oversight across the enterprise, and to provide independent challenge of the systemic and strategic data risks that shape the company's overall risk posture.


This role is distinct from the segment-level oversight performed by Information Risk Officers, who use these frameworks and tools to challenge individual business decisions and initiatives. It does not own or operate data controls, perform first-line data activities, approve initiatives, accept or own data risk, or manage remediation. These responsibilities remain with the first line and the relevant governance forums.

Position Responsibilities:

  • Design, maintain, and continuously improve the enterprise data risk oversight framework, standards, methodologies, and tools that enable data risk to be managed and challenged consistently across the organization.
  • Build the practical oversight tools, guidance, templates, and assessment approaches that segment Information Risk Officers use to perform their challenge of first-line data risk decisions.
  • Aggregate and analyze data risk across segments and functions to identify concentrations, themes, systemic exposures, and gaps in the enterprise risk posture.
  • Provide independent challenge of the overall effectiveness, consistency, and maturity of Manulife's AI and data risk program.
  • Set enterprise standards and oversight expectations across the data lifecycle, including data governance, quality and fitness for use, lineage and provenance, retention, minimization, and disposal.
  • Define enterprise standards and oversight approaches for data privacy, consent, sensitive-data classification, and access control, in coordination with Privacy, Legal, and Compliance.
  • Establish risk expectations and oversight approaches for third-party, shared, and AI-generated (synthetic) data, including the right to use it, its quality, its security, and whether its source is known and appropriate.
  • Challenge data bias, representativeness, and ethical data use at a program level, particularly for data that feeds AI, and escalate systemic concerns about potential harm, unfairness, or misuse.
  • Oversee enterprise data risk issues, ensuring significant and systemic weaknesses are identified, aggregated, and escalated to senior management and governance committees for timely resolution.
  • Define enterprise data risk metrics and key risk indicators, and produce independent reporting, thematic reviews, and cross-segment dashboards for management and committees, feeding into Board-level reporting.
  • Ensure the framework and oversight activities remain aligned with relevant OSFI guidance (including E-21 operational and data risk and E-23 model risk), enterprise data risk standards, and applicable privacy regimes.
  • Provide independent, strategic challenge on enterprise initiatives, AI use cases, and emerging technologies involving data, coordinating with the AI Model Risk, AI Technology & Cyber, and Emerging Technology teams so oversight is coordinated and non-duplicative.

Required Qualifications:

  • 10+ years of relevant experience in data risk, data governance, privacy, enterprise risk management, technology risk, internal audit, or a related discipline.
  • Bachelor's degree in Computer Science, Data Science, Information Management, Statistics, Mathematics, Engineering, Risk Management, Law, or a related field.
  • Proven experience designing data risk frameworks, standards, methodologies, or oversight tools, ideally in a second-line or independent assurance role in financial services, insurance, or another regulated industry.
  • Strong understanding of the core areas of data governance, including data quality, lineage, classification, retention, privacy, consent, and access management.
  • Experience aggregating and analyzing risk across a large, complex organization to identify systemic themes, and familiarity with relevant OSFI guidance (including E-21 operational and data risk, E-23 model risk, B-10 third-party, and B-13 technology and cyber) and privacy laws such as PIPEDA and other global privacy rules.
  • Experience overseeing or challenging data used in AI, machine learning, or advanced analytics, including AI training data and synthetic data, and a good understanding of how data risk connects to model risk.
  • Experience preparing risk assessments, management reporting, executive presentations, and materials for governance committees.
  • A proven ability to challenge others constructively and influence senior leaders without direct authority.
  • Excellent written and verbal communication skills, including the ability to explain complex data and risk topics clearly to senior leaders and committees.
  • Strong judgment, independence, and the confidence to raise tough issues, along with the ability to juggle priorities and work quickly while keeping quality high and documentation clear.
  • Bilingualism (English and French) is a strong asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.

 

Preferred Qualifications:

  • Knowledge of industry data management frameworks such as DAMA-DMBOK or DCAM, and relevant certifications (for example, CIPP/C, CIPM, CDMP, CISA, CRISC, or FRM), is considered an asset.

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

 

The role being advertised is an existing vacancy.

Referenced Salary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$113,000.00 CAD - $163,000.00 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 [email protected] 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 [email protected] 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 personal information collection statement.

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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