Director, IT Examinations

Organization: Credit Union Deposit Guarantee Corporation, Newfoundland & Labrador
Position Title: Director, IT Examinations
Reports to: Chief Executive Officer
Location: St. John’s, NL
Travel: 20%
Closing Date: May 23, 2022

Who we are
The Mandate of the Credit Union Deposit Guarantee Corporation (CUDGC) is to provide risk-based regulatory oversight and deposit guarantees to enable a safe and sound credit union system in Newfoundland & Labrador.

The primary role is to:
• Provide a guarantee of deposits held with NL credit unions
• Regulate NL credit unions and enforce the Credit Union Act, 2009
• Review, advise and direct credit unions on matters related to legislative compliance and sound business practices
• Monitor credit union performance and implement appropriate actions to improve performance and reduce risks

The Opportunity
We are seeking an experienced individual who can bring new knowledge and skills to the Examination Team and take the lead role in assessing, planning and executing the assessment of credit unions in the areas of Information Technology and Cybersecurity which manage/mitigate the risk to depositor funds and the deposit guarantee funds.
The Director, Information Technology Examinations is a key member of the senior management team and operates with a high degree of autonomy reporting to the Chief Executive Officer. The position develops the risk based Examination plan and the identifies emerging IT security risks to ensure that risk-based supervision activities are applied according to the Corporation’s values and operating principles. In addition, the position is responsible for legislation and regulations interpretations and the effective strategic management of relationships with credit union CEOs and senior management.

Primary Responsibilities
• Leads the design and execution of the risk-based monitoring program that serves in the protection of deposits and recognition of emerging risks
• Creates positive change in IT and risk management practices by facilitating the understanding of review results, making recommendations for improvement and gaining the commitment of the credit union’s board of directors and senior management to evolve their practices
• Manage strategic relationships with credit unions to align with corporate values of co-operation and collaboration
• Identify and advise management on the use of data analytics and other advanced techniques and tools in order to improve efficiency and effectiveness of examination assessments
• Maintains information security competency through ongoing professional development and staying abreast of emerging technologies, risks and controls in information and cyber security

Experience and Qualifications
• 7 years of information and cyber security experience
• 5+ years’ experience as an IT Auditor and strong understanding of IT audit methodologies.
• Minimum post-secondary degree or diploma in computer science, information systems, business or a related field
• CISA, CISSP or equivalent is preferred
• Experience in the assessment of threats and risks over IT processes and assets.
• Experience and knowledge working with security frameworks, including NIST and CIS.
• Experience working in a highly computerized environment and demonstrates an understanding of information technology functionality, architecture, structure and controls.
• Experience working with Technology platforms and must be familiar with performing audits of network, operating systems, applications, databases and other technical areas such as 3rd Party Management
• Knowledgeable in areas such as network security architecture, vulnerability assessments, Data Loss Prevention and web application security
• General understanding of the Canadian financial services regulatory environment would be considered an asset
• Advanced team leadership, relationship management and change management skills
• Excellent relationship building skills with the ability to communicate both verbally and in writing with a wide variety of people
• Demonstrated ability to exercise sound judgement and apply an analytical approach to problem solving and decision making
• An equivalent combination of education and experience will be considered

Salary Information:
Commensurate with qualifications and experience

Conditions of Acceptance
• The Credit Union Deposit Guarantee Corporation values diversity in the work place and is an equal opportunity employer.
• Disability related accommodations and alternate formats are available upon request at any stage of the recruitment process
• The successful candidate will be required to provide a recent Certificate of Conduct.
• Please note that, while we appreciate the interest of all candidates, only those selected for an interview will be contacted.
• Applicants agree that by providing personal information in response to this ad, they consent to the collection, use and disclosure of personal information required for the purposes of recruitment. Personal information will be used solely for the purpose of recruitment considerations for a period of one year following closing date of this competition, unless otherwise noted by the applicant.

Please apply via email to with resume and salary expectations.

Chief Executive Officer – Newfoundland and Labrador Credit Union

Location: St. John’s, Newfoundland

Newfoundland and Labrador Credit Union (NLCU) is a full-service financial institution operating 12 branches in major hubs across Newfoundland and Labrador. With assets of over $680 million, NLCU is the largest credit union in Newfoundland and one of the largest in Atlantic Canada. Over 20,000 members rely on NLCU’s 140 staff for expertise in how to help them prosper.

Due to the retirement of the long-standing incumbent, NLCU is seeking its next Chief Executive Officer (CEO).

Reporting to NLCU’s Board of Directors, as CEO you are responsible for the strategic leadership and management of the credit union. Through your strong vision for the future, you will drive NLCU through sustainable business development and growth while fostering a corporate culture that is agile, growth-oriented and embodies NLCU’s vision, mission, values, and value proposition. You will lead and develop a high-performance senior management team who work collaboratively to turn strategy into action to achieve short- and long-term business goals. As the public face of NLCU, you will maintain positive relationships with NLCU’s regulator, business community, partners, associations, government and the communities NLCU serves. The CEO also acts as Corporate Treasurer and Chairperson of the NLCU Charitable Foundation Corporation.

As an ideal candidate you are a seasoned, trusted, and forward-looking financial industry leader with a proven record of making sound business decisions that have achieved organizational growth and improvements to member service. Extremely visible and engaging both internally and externally, people value you for your energy, authenticity, positivity and strong negotiation and influencing skills. You are an inspiring people leader who is naturally inclusive, passionate about coaching and mentorship, and empowers staff to be all they can be in pursuit of a culture of innovation, accountability and performance excellence. NLCU will benefit from your comfort and experience with the impacts of new technology and its effect on staff and members. Your sound governance knowledge and previous experience reporting to, or serving on, a board of directors will be of great value, as will your skill in identifying opportunities for efficiency, partnership and growth. Previous experience working within the credit union system is an asset.

For further information on this exciting credit union CEO position, please contact Andrew Dumont ( or Cameron Morrison ( at 613-742-3219.

We thank all applicants for their interest, however only those under consideration for the role will be contacted.

Back to Top