Job Title: Vice President, Finance and Risk
Job Status: Regular Full-Time
Primary Location: Head Office – 209 Limeridge Rd East Hamilton ON. Hybrid Work Environment Available.
The in-person office time is to create meaningful and lasting connections with our members, staff and our HMECU community.
Introduction
Healthcare and Municipal Employees Credit Union (HMECU) isn’t your typical financial institution — and this isn’t your typical executive role.
Rooted in Hamilton and proudly serving our members, we exist for one purpose: to care for the financial well-being of our members so they can focus on what matters most. That purpose shows up in how we lead, how we make decisions, and how we show up for each other as a team.
We’re looking for a Vice President, Finance and Risk to join our Executive Management Team — a collaborative, forward-thinking group that values trust, candour, and shared accountability. This is a role for a leader who doesn’t just manage numbers, but helps shape the future of the organization.
Position Overview
As Vice President, Finance and Risk, you will lead the full scope of finance, accounting, regulatory compliance, and enterprise risk at HMECU. More importantly, you’ll be a key voice at the executive table — bringing insight, perspective, and sound judgment to strategic decisions that impact our members, our people, and our future.
Reporting directly to the President & CEO, you will partner closely with the Executive Management Team and Board of Directors, contributing to a culture of strong governance, thoughtful risk management, and sustainable growth.
What you’d be doing
- Develop and maintain a strong internal control environment across the organization.
- Oversee financial reporting, including preparation of financial statements and regulatory reporting, and provide insights to the Executive Management Team.
- Lead budgeting, forecasting, and performance monitoring to support overall financial health and strategic decision-making.
- Monitor and manage financial risks, including interest rate, liquidity, capital, and foreign exchange risk.
- Analyze investment opportunities and oversee the credit union’s investment portfolio.
- Set and administer rate structures in partnership with the CEO.
- Build and maintain strong relationships with external auditors, regulators, and key stakeholders.
- Provide executive leadership in audit, risk, and compliance, including oversight of internal controls and financial governance.
- Lead the development and ongoing oversight of the Enterprise Risk Management (ERM) framework.
- Oversee AML/ATF compliance and fraud risk management, ensuring adherence to all regulatory requirements.
- Develop and implement risk policies and programs, including business continuity and loss prevention.
- Lead the Asset Liability Committee (ALCO).
- Represent management at the Board and Audit Committee, including regular financial and risk reporting.
- Contribute to organizational strategy as a key member of the senior leadership team.
- Lead, mentor, and develop Finance, Compliance, and Accounts Payable teams.
- Manage relationships with external regulators and ensure ongoing legislative compliance.
- Other duties as assigned
Skill Requirements
- CPA designation required
- 7–9 years of progressive experience in accounting, finance, and risk management
- Experience with funding mechanisms (e.g., securitization) is considered an asset
- Strong expertise in financial modelling, forecasting, and budgeting
- Knowledge of banking regulations and compliance requirements
- Experience leading financial and risk functions
- Strong analytical, strategic thinking, and execution capabilities
- Excellent communication and relationship-building skills
- Proven ability to lead, collaborate, and influence across teams
- Experience developing policies and procedures
- Familiarity with DNA Banking System is an asset
- Must be bondable
If you have the required skills and experience and are looking to join a dynamic and growing financial institution and team, we would love to hear from you.
Please note: Healthcare and Municipal Employees Credit Union has an accommodation process in place and provides accommodations for employees with disabilities. If you require a specific accommodation because of a disability or a medical need, please contact HR at 905-575-8888 ext 145 or hr@HMECU.com so that arrangements can be made.
We thank all applicants for their interest, however, only those selected for an interview will be contacted.
HMECU uses AI-assisted tools to support our recruitment process, such as screening and organizing application information. All hiring decisions are made by our People & Culture team and hiring managers. A human will always review your application before any decisions are made.
Job Type: One (1) Full – time existing vacancy
Primary Location: Head Office / Remote Hybrid Work Environment available
Benefits: YES. We offer a very comprehensive Benefits Package.
100% Employer Paid Benefits for STD, LTD, Life Insurance, Extended Health, Dental Coverage and Employee Family Assistance Program
Pension: Defined Contribution Pension Plan; with 9% Employer Contribution’s
Compensation: $105,000.00 – $158,600.00 + variable annual incentive plan. Compensation for this role is currently under review and may be adjusted to align with market benchmarks, subject to Board approval.
