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Assistant Manager/ Manager, Distribution Risk Governance

icon building Company : Manulife
icon briefcase Job Type : Full Time

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Job Description - Assistant Manager/ Manager, Distribution Risk Governance

The Distribution Risk Governance function (L1B) is responsible for ensuring that the company’s distribution channels adhere to competency standards and operate ethically and compliantly. This role supports the Lead, Distribution Risk Governance in ensuring that distribution activities operate within defined risk tolerances, regional risk exercises are performed (e.g. RCSA) and that governance forums drive forward‑looking, risk‑based decisions.

Key Responsibilities:

1. Distribution Risk Governance & Committees

  • Act as the primary risk governance advisor for distribution and challenge incomplete/ weakly supported proposals before approval

  • Own the content and positioning of distribution risk governance discussions, ensuring meetings focus on key risks, emerging concerns, and decision points, rather than operational matters.

  • Ensure governance discussions lead to clear management actions and accountability.

  • Collaborate with cross-functional teams to ensure effective management of operational risks.

2. Policies, Standards & Risk Assessments

  • Provide clear and practical policies and guidance related to distribution risk governance

  • Monitor regulatory and market trends to ensure distribution channels remain compliant with relevant laws and standards.

  • Partner with regional L2 functions on control library updates and methodology alignment

  • Lead and support distribution in performing Risk Controls Self-assessment (RCSA) and Fraud Risk Control Assessment.

3. Bancassurance Support

  • Act as the main Line 1B risk advisor for bancassurance, providing distribution risk support and ensuring consistency with broader distribution standards

4. Regional & Cross‑Entity Alignment

  • Represent local Distribution Risk Governance in regional L1B forums.

  • Ensure local governance positions reflect regional expectations and vice versa

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 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].

Working Arrangement

Hybrid
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About the Company

Manulife

Manulife is a leading financial services group. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions.

Read more about the company

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