Senior Manager, Data Risk Oversight in Toronto

Senior Manager, Data Risk Oversight in Toronto

Toronto Full-Time 113000 - 163000 $ / year (est.) Hybrid
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At a Glance

  • Tasks: Lead the charge in managing data risk and ensuring ethical AI use.
  • Company: Join Manulife, a global leader in financial services with a focus on innovation.
  • Benefits: Enjoy competitive salary, flexible work options, and comprehensive health benefits.
  • Other info: Hybrid work model with opportunities for professional growth and development.
  • Why this job: Make a real impact on data governance and risk management in a dynamic environment.
  • Qualifications: 10+ years in data risk or governance; strong analytical and communication skills required.

The predicted salary is between 113000 - 163000 $ per year.

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.

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 elevate 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.

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 our website.

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.

Senior Manager, Data Risk Oversight in Toronto employer: manulife

Manulife is an exceptional employer that prioritizes employee growth and well-being, offering a flexible work environment where innovation thrives. As a leader in AI Model Risk Governance, you'll have the opportunity to shape industry standards while collaborating with diverse teams across the globe. With a commitment to inclusion and professional development, Manulife empowers you to build a meaningful career in a supportive atmosphere.

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Contact Details:

manulife Recruitment Team

We think you need these skills to ace Senior Manager, Data Risk Oversight in Toronto

Data Risk Management
Data Governance
Privacy Management
Enterprise Risk Management
Technical Risk Assessment
Data Quality Assurance
Data Lineage and Provenance