The AVP, Strategic Risk Management is responsible for leading the enterprise-wide strategic risk function, including the design, implementation, and oversight of frameworks that address risks with potential to materially impact the company’s strategy, capital, and reputation—such as geopolitical, regulatory, environmental, and reputational risks. Reporting to the Global Head of Enterprise Risk Management, this role collaborates with senior leadership, provides strategic oversight and challenge across business segments, and ensures alignment with regulatory expectations. The AVP also will support and mentor a team of professionals, engages with regulators, and drives integration of strategic risk into planning and decision-making processes. Position Responsibilities: Strategic Risk Framework & Oversight (60%) Lead the development, implementation, and continuous enhancement of Strategic Risk Policies and Frameworks. Ensure alignment with the Enterprise Risk Management (ERM) Framework and evolving regulatory expectations. Provide strategic oversight and challenge to the identification, assessment, treatment, monitoring, and reporting of strategic risks across business segments and corporate functions. Stakeholder Engagement & Reporting (20%) Produce high-quality risk reporting and insights for the Global CRO, Executive Risk Committee, and Board Risk Committee. Collaborate with leaders across Risk, Strategy, Legal, Government Relations, and Public Affairs to embed strategic risk considerations into planning and decision-making processes. Represent the organization in regulatory engagements and industry forums related to strategic and emerging risks. Training, Awareness & Culture Integration (10%) Support development and delivery of training and awareness programs related to strategic risk and risk appetite. Support the integration of strategic risk into broader risk culture initiatives in collaboration with the AVP, Risk Culture and other ERM leaders. Leadership & Team Development (10%) Lead and mentor assigned ERM team members supporting strategic risk deliverables Foster a collaborative, inclusive, and high-performing team environment. Shared Responsibilities: Along with the Global Head of ERM, AVP ERM Framework and Process, and AVP Risk Culture, build a highly engaged, inclusive and collaborative ERM group Required Qualifications: Advanced degree in Risk, Business, Political Science, Law, Finance, Economics, or a related field. Minimum of 15 years of experience in financial services, with a strong background in risk management, strategy, regulatory affairs, or public policy. Proven ability to lead enterprise-wide initiatives and influence senior stakeholders, including Board-level engagement. Deep understanding of regulatory frameworks (e.g., OSFI, NAIC) and global risk standards. Exceptional communication, facilitation, and presentation skills. Strong analytical and critical thinking capabilities. 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 recruitment@manulife.com. Referenced Salary Location Toronto, Ontario Working Arrangement Hybrid Salary range is expected to be between $123,400.00 CAD - $229,300.00 CAD If you are applying for this role outside of the primary location, please contact recruitment@manulife.com 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 recruitment@manulife.com for more information about U.S.-specific paid time off provisions. We're Manulife. And we’re on a mission to make decisions easier and lives better. Better is what drives us. It’s what inspires us to find new ways to support customers and colleagues in living longer and healthier lives. It’s the reason we’re dedicated to investing in digital innovation and accelerating a sustainable and economically inclusive future. Joining us means you’ll be empowered to learn and grow your career. We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. And as part of our global team, you’ll help shape the future you want to see – and discover that better can take you anywhere you want to go. We’re proud of our accomplishments and recognitions. Recent awards include: 2024 Gallup Exceptional Workplace Award Winner Manulife Named one of Forbes World’s Best Employers 2023 Best Companies to Work for in Asia 2023 We’ve been recognized as one of Canada’s Top 100 Employers (2024) Manulife included in Bloomberg’s 2023 Gender-Equality Index To receive our latest job opportunities directly to your inbox, create an account or sign in and navigate to the ‘Job Alerts’ section located in the top right corner of the page. From there, you can sign up to receive job alerts. Our ambition is to be the most digital, customer-centric global company in our industry. Learn more at https://www.manulife.com/.