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Head of Subsection - IT Regulatory Compliance Office

Location Toronto, Canada Job type Full-Time Work mode Hybrid Job level Management & Leadership Job ID 13894 Company Munich Re, Canada (Life) Employment type Regular Area of expertise Information Technology
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Position Overview

Munich Re Group Technology is seeking an experienced and inspiring leader to head the North America IT Audit Coordination function and drive technology audit and regulatory engagement activities across our North American entities.

In this highly visible leadership role, you will lead a team of IT Risk & Compliance professionals and serve as a trusted advisor to senior management, regulators, auditors, and business stakeholders across North America and globally. You will provide leadership and oversight for technology-related audits, regulatory engagements, and remediation programs, while helping to strengthen Munich Re's overall technology control environment.

The role combines people leadership, strategic governance, regulatory engagement, and operational execution. It is ideal for an experienced technology risk professional who is passionate about building high-performing teams, driving regulatory readiness, and fostering a culture of transparency, accountability, and continuous improvement.

Your Role:

  • Lead and develop a diverse, skilled, and motivated team of IT Risk & Compliance professionals who serve as the central point of contact for internal and external IT audits, IT-related regulatory questionnaires and inspections across global locations.
  • Drive team performance, talent development, succession planning, and employee engagement while fostering an inclusive, collaborative, and high-performing culture.
  • Serve as the primary leadership contact for technology-related audits, regulatory reviews, inspections, and supervisory engagements across North America.
  • Partner with the Global Head of IT Audit Coordination and other IT leaders to continuously enhance the Global IT Audit Coordination function.
  • Lead and oversee end-to-end audit engagement management, including planning, preparation, fieldwork support, reporting, remediation tracking, and closure activities.
  • Coordinate responses to technology-related regulatory reviews, questionnaires, inspections, and supervisory requests.
  • Act as a trusted advisor and senior liaison for regulators, IT auditors, supervisory authorities, and executive stakeholders.
  • Support audit and regulatory discussions by helping ensure conclusions are fact-based, risk-aligned, and reflective of the underlying control environment.
  • Prepare executive-ready reporting, presentations, and decision materials for senior management, Service Review Meetings, governance committees, and other management forums.
  • Anticipate audit risks, emerging regulatory expectations, stakeholder challenges, and downstream impacts, and proactively propose practical solutions and recommendations.
  • Ensure consistent positioning, communication, and responses across legal entities, business units, and jurisdictions.
  • Support executive management during regulatory interactions, supervisory reviews, and audit-related discussions.
  • Promote standardization, automation, and continuous improvement of audit, reporting, and governance processes.

Your Profile:  

  • 10+ years of experience in IT Audit, Technology Risk Management, IT Governance, Regulatory Compliance, or a related discipline.
  • Proven leadership experience with a track record of developing high-performing teams, coaching employees, and fostering professional growth.
  • Strong executive presence and the ability to confidently engage with senior leadership, regulators, and auditors.
  • Degree in Information Technology, Computer Science, Engineering, Business Administration, or equivalent professional experience in technology risk, controls, or audit.
  • Experience within the insurance, reinsurance, financial services, or other highly regulated industries is strongly preferred.
  • Experience with a Big Four or other recognized audit, assurance, consulting, or advisory firm strongly preferred.
  • Familiarity with North American regulatory frameworks, including NYDFS, OSFI, and NAIC.
  • Strong understanding of IT audit practices, IT governance frameworks, technology controls, regulatory expectations, and audit evidence requirements.  Experience coordinating or leading complex internal, external, or regulatory IT audits from planning through execution, reporting, remediation follow-up, and closure is preferred.
  • CISA/CIA/CRISC/CISSP or similar industry-recognized related certification
  • Strong communication skills, with the ability to synthesize and clearly present complex information.
  • Skilled in setting a clear, values-based direction, coaching team members, and fostering an empowering and collaborative environment.
  • Ability to influence and collaborate effectively with diverse, multicultural teams to achieve meaningful outcomes.
  • Strategic thinker with strong analytical and conceptual problem-solving skills.
  • Able to navigate and resolve conflict constructively.
  • Confident and assertive, while maintaining empathy and openness to diverse perspectives.
  • Committed to building trusted relationships and delivering value to internal and external stakeholders.
  • Resilient under pressure, with strong prioritization skills.
  • Experience supporting global teams, geographically distributed stakeholders, or cross-border audit and regulatory activities is a plus.
  • Willingness to travel internationally as required.

About Munich Re

Together, we engage with everything we have and are, to help humankind act braver and better.

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance.  By turning uncertainty into manageable risk, we enable fundamental change.  We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.  We dare to think big and are continuously innovating on behalf of our clients.

Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry.  We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.

What Can We Offer You?

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days
  • A great compensation package including annual company bonus
  • Market leading company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
  • Immediate participation in DC Pension Plan with an automatic employer contribution, plus optional company match
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program and reimbursement for professional fees
  • Maternity, Parental & Adoption Leave top-up program
  • Employee Referral Program, Recognition & Rewards Platform

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy. 

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.

Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact AODARequestHR@munichre.ca as soon as practical so that suitable accommodations can be arranged.

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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