Province: Ontario

Director of Finance (Full-time; Hybrid)

About You

Are you a strong leader with confidence in driving forward thinking strategies?

Do you have the proven ability to lead our team in all things Finance related?

If you are a well-rounded financial professional who is looking for a great opportunity, we have the role for you!

Mainstreet Credit Union is actively recruiting for a Director of Finance to join our team!

We believe we have the best team in the business due to our leadership philosophy of excellence, and team development. If you are an experienced financial professional with values that align with ours and want a new opportunity at a cooperative organization where employees, clients, and our communities’ matter, we would like to hear from you!


Why Join Our Team?

At Mainstreet we believe in investing in you – whether it is our employees or our incredible members. At Mainstreet we are committed to providing exceptional service, advice and improving and making a difference in the lives of our members.

Mainstreet offers its employees:

  • Work-life balance and flexible work arrangements
  • Opportunities for training and advancement
  • Generous salary, vacation and benefits (Mainstreet is a Living Wage employer)
  • Opportunity to work at a values-based cooperative

Our Values:

Personalized: High quality personalized advice with flexible solutions.

Supported: Highly responsive through empowered professionals.

Known: Meaningful impact and connected to community.

Easy: Easy and in the way our members prefer.

 

The Role

Salary: $98, 654.00 – $123,318.00

Job Function:
Reporting directly to the CFO, the Director of Finance participates in the support of corporate strategies and provides leadership and advice on all matters related to finance. This role develops and drives forward-thinking strategies for finance that protect members and Mainstreet’s interests through creative problem-solving, teamwork, innovation, and continuous improvement. This role provides leadership to Finance, Treasury and Accounting functions, including financial operations, internal and external financial reporting, policy and procedure enhancements, budget and forecast preparation, asset liability management, liquidity and capital management, treasury management and internal controls. With a strong commitment to growth and sustainability, we are seeking a talented Director of Finance who will play a key role in driving our financial success.
Key Duties & Responsibilities:
Leadership & Communication
Provide strong leadership for the finance and accounting team, including setting team goals, evaluating performance, providing mentoring, coaching and feedback, and promoting team effectiveness. Ensure operating procedures and structures are appropriate, integrated, and seamless to create the best member experience.
Accounting
  • Prepare and publish timely monthly financial statements, follow up on discrepancies and implement solutions to ensure accurate reporting. Support month-end and year-end close process.
  • Coordinate and direct the preparation of the budget and financial forecasts and report variances.
  • Manage all accounting operations including Billing, A/R, A/P, General Ledger, Cost Accounting, Inventory Accounting and Revenue Recognition.
  • Analyze accounting and financial records and systems to ensure compliance with established accounting standards, regulations, procedures, and internal controls.
  • Ensure quality control over financial transactions and financial reporting and assess all credit union activity to ensure financial accounting compliance with IFRS.
  • Develop, recommend, and implement financial policies, procedures, and controls to ensure compliance to regulatory requirements and industry best practices.
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls.
  • Manage the IFRS 9 Expected Credit Losses model and provide recommendation on appropriate loss estimates.
  • Provide reporting, analysis, and recommendations on various issues, communicate resolution of compliance issues and other complex reporting figures.
  • Monitor and evaluate the financial performance of the credit union, identify areas for improvement and implement corrective actions as needed.

 

Financial Reporting & Audit Management
  • Manage the preparation of financial statements, reports, and presentations for executive management, the board of directors, and regulatory bodies.
  • Develop and provide quality assurance for all monthly, quarterly, and annual reports submitted to regulators (ICAAP, ILAAP, MIR/AMIR) and/or external parties (CMHC, PICUZ)
  • Stay abreast of industry trends, market developments, and regulatory changes that may impact the credit union’s financial position.
  • Coordinate the preparation of the external financial statements and external audit.
  • Coordinate timing on all external audit work, discuss in depth process issues and audit findings and implement analysis for audit conclusion and implement corrective actions.

 

Other Finance Activites

  • Manage all financial activities of the company, including financial planning, budgeting, forecasting, and reporting.
  • Lead the finance team in analyzing financial data, identifying trends, and providing insights to support strategic decision-making.
  • Collaborate with other departments to optimize financial performance, drive efficiencies, and support business objectives.
  • Manage relationships with external stakeholders, including auditors, investors, and financial institutions.
  • Prepare presentations and reports for senior management and board meetings, highlighting key financial metrics and performance indicators.
  • Stay abreast of industry trends, market developments, and regulatory changes that may impact the company’s financial position. Lead the development, implementation and monitoring of policies, procedures, and practices for Mainstreet’s liquidity and funding management, cash and investment portfolio management, asset-liability management, capital management interest rate management, and financial profitability modeling and analysis.
  • Deliver appropriate key performance indicators (KPI’s), required metrics, budgets and forecasting, financial reporting, and analytics to support business units, executives and board level committees as required.
  • Contribute and assist where required with committees and project teams to contribute to knowledge sharing and development.
  • Collaborate with the manager of treasury to administer the credit union’s liquidity, investments, and funding endeavors with the aim of maximizing returns.
  • Learn appropriate systems and tools to engage in leading, reporting and executing responsibilities such as Vantage, Prologue, ALM system, etc.
  • Other duties as assigned.

 

Education & Experience
  • Bachelor’s Degree in Finance, Accounting, Economics, or related field; CPA required.
  • Minimum work experience of 5 years financial services industry; with at least 3 years in a leadership position.
  • Thorough understanding of financial principles, practices, and regulations specific to credit unions or financial institutions, including experience with regulatory bodies such as the Financial Services Regulatory Authority (FSRA).
  • Proven track record of strategic financial management, including budgeting, forecasting, and financial analysis, with a focus on optimizing financial performance and ensuring regulatory compliance.
  • Experience in developing and implementing financial policies, procedures, and controls to uphold compliance with regulatory requirements and industry best practices. In-depth knowledge/experience with IFRS accounting standards is required.
  • Experience with FSRAO Regulations considered an asset.

 

Requirements

  • Strong leadership abilities with a demonstrated aptitude for building and managing high-performing teams, fostering a culture of accountability, collaboration, and professional development.
  • Excellent communication and interpersonal skills, with the ability to effectively engage and influence stakeholders at all levels, including senior management, board members, regulators, and external partners.
  • Ability to thrive in a dynamic, fast-paced environment and adapt to changing priorities while maintaining a focus on delivering results and driving continuous improvement.
  • Strategic thinker with the ability to anticipate challenges, identify opportunities, and develop innovative solutions to support Mainstreet Credit Union’s growth and success.
  • Commitment to personal and professional growth, with a strong desire to advance into the role of Chief Financial Officer (CFO) within Mainstreet Credit Union and contribute to its long-term strategic objectives.

 

Join Mainstreet Credit Union and be part of a workplace that values diversity, promotes equity, and fosters inclusion. We actively seek diverse perspectives, ensure equal opportunities for all, and cultivate a culture where every individual feels valued. Our commitment to continuous learning ensures an environment where everyone can thrive.

Mainstreet Credit Union is an equal opportunity employer. We welcome applications from candidates of all backgrounds and experiences.

Wealth Management Advisor (Full-time; Sarnia region)

Wealth Management Advisor

Location: Mainstreet Credit Union

Reports To: Director of Wealth Experience

Job Grade: 7, competitive salary and benefits

 

About the Role:

As a Wealth Management Advisor at Mainstreet Credit Union, you will have the pivotal role of delivering expert financial planning and advice, primarily focusing on mutual fund investment solutions. Your efforts will directly align with our strategic vision and mission, enhancing the financial wellbeing of our members.

 

Key Responsibilities:

Member Financial Analysis: Conduct in-depth analyses to understand member needs and deliver tailored financial planning advice to help achieve their financial goals.

Engagement and Referral Development: Engage proactively with members to uncover further service opportunities, refer to appropriate departments, and foster both new and existing relationships.

Collaborative Growth: Work alongside retail and commercial advisory teams to achieve growth targets and contribute to our credit union’s strategic goals.

Community Involvement: Drive business development through community engagement, seminar leadership, and content creation, raising Mainstreet’s profile as a preferred financial institution.

Ethical Standards: Uphold the highest standards of integrity and compliance with all policies and procedures.

 

Skills & Qualifications:

Certifications:

Must be a Certified Financial Planner (CFP®), Qualified Associate Financial Planner (QAFP™), or Personal Financial Planner (PFP®). MFDA licensure or eligibility is required.

Education:

A diploma/degree in Commerce, Business Administration, or a related field is highly advantageous.

Experience and Skills:

Proven expertise in relationship management and sales with a deep understanding of the investment industry.

Exceptional interpersonal, communication, and presentation skills.

Strong analytical capabilities and a results-driven approach.

Ability to work independently with minimal supervision and a commitment to continuous professional development.

 

Why Join Us?*

At Mainstreet Credit Union, you’re not just an employee; you’re part of a community that values integrity, collaboration, and member-first service. Here, every role contributes to a shared mission: enhancing our members’ financial well-being and strengthening our community bonds.

We offer a unique workplace environment where your work is impactful and acknowledged. You’ll enjoy the stability of a financial institution with the heart of a non-profit, committed to ethical practices and personalized member service. Join us for competitive benefits, opportunities for growth, and the chance to make a real difference. At Mainstreet, we’re more than a team—we’re a family, and we’re looking for individuals who are ready to grow, inspire, and lead. Ready to be a part of something bigger? Join us, where your career is community-centered and your growth is our priority.

Join Mainstreet Credit Union and be part of a workplace that values diversity, promotes equity, and fosters inclusion. We actively seek diverse perspectives, ensure equal opportunities for all, and cultivate a culture where every individual feels valued. Our commitment to continuous learning ensures an environment where everyone can thrive.

Mainstreet Credit Union is an equal opportunity employer. We welcome applications from candidates of all backgrounds and experiences.

Member Service Officer Financial Wellness MFDA PFP

Position Overview:

The individual in this position is passionate about connecting with people, building trust and providing a level of expertise that is unmatched in the industry. Internally the MSOW2 works in close collaboration with the retail branch network and commercial division to establish trusted internal relationships and raise the awareness and knowledge level of YCU’s employees with respect to wealth management products, services, and strategies — leading to a steady stream of customer referrals.  Externally, the MSOW2 will have an active community presence, helping build YCU’s profile in the community as a professional and preferred provider of wealth management products, services, and expertise — leading to new wealth management customers and banking relationships.

Job Specifications:

  • MFDA license required.
  • Personal Financial Planner (PFP designation;) required. Incumbent will be a licensed PFP.
  • Minimum 3 years’ experience in financial planning/investment sales with the ability to prepare written financial plans in accordance with the six-step financial planning process;
  • Superior knowledge of the investment industry and products;
  • Comfortable with industry standard financial planning tools/software;
  • Post-secondary diploma/degree, ideally in Commerce or Business Administration would be an asset
  • Must be able to work well with a minimum of supervision and able to organize and effectively manage priorities and deadlines.
  • Able to understand and utilize procedures/work tools that are necessary for general security and risk management for YCU.

Duties & Responsibilities:

Sales & Service

Analytical skills that take into account the big picture of our members’ whole wealth portfolio, when to refer, when to amalgamate the portfolio.

  • Business development activities through outbound calls, networking and other sales opportunities.
  • Build Member Relationships and is Member Focused. Creates and establishes trust by building relationships and actively discovers the right investment solutions for Members.
  • Decision Quality – Understands the Member’s best interest is first; understands that this may not always be the same as what the members ask for; demonstrates decisions which are based on creating the best possible outcome for the member; makes decisions based on a mixture of analysis, wisdom, experience, and judgment.
  • Creates well founded and rounded financial wellness plans for existing, and new, members
  • Ensures KYCs are conducted in accordance with regulations and thus ensuring that members receive outstanding care. This could include moving from named products to nominee shelf items and amalgamating portfolios.
  • Analyzes, and learns from redemptions that occur to reduce future losses and improve net sales.
  • Exceeds standards for member loyalty, observations, development plan action items, and one on one coaching sessions.
  • Builds rapport, ask questions to uncover needs, research details available, to help recommend solutions, educate our members about our convenient service options and make appropriate recommendations.
  • Converts all points of contact into relationship banking. Uses CRM to prompt member milestones, new baby, new car, university education etc
  • Problem Solving – Uses rigorous logic and methods to solve difficult problems with effective and innovative solutions; is resilient and will own the solution and the problem; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn’t stop at the first answers.
  • Cooperation and Teamwork – Relates well to all kinds of people; builds appropriate rapport; works harmoniously with others; uses and understands diplomacy and tact; encourages collaboration; seeks opinions; is candid with peers; values working relationships.

Skills Knowledge and Attribute Requirements:

  • Proven networking, relationship building, client acquisition and asset gathering abilities;
  • Superior sales abilities (active listening, identifying business opportunities, influencing & negotiating, asking for the business);
  • Outstanding communication and presentation skills;
  • Commitment to continuous education (CE credits).
  • Proven organizational and time management abilities
  • Experience with public speaking and comfortable with community engagement activities.

Other duties as assigned from time to time by manager or their designate.

Vice President, Finance and Risk

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) is a financial institution with a long history of providing superior financial services to local members. We are looking for an experienced and dedicated Vice President, Finance and Risk to join our organization in our Hamilton Head office.

 

Position Overview

The Vice President, Finance and Risk will be responsible for leading and managing all financial, accounting, regulatory compliance, and risk management functions of the organization. This role is critical to the success of HMECU and requires a high degree of accuracy and attention to detail. This position will report to the President and CEO and will work closely with the Senior Management team and other stakeholders.

 

The Vice President, Finance and Risk, will manage the corporate financial performance of the Credit Union by developing and implementing short- and long-term strategies. As part of the Executive Management Team, this position will work actively with the board in the development and implementation of Credit Union strategic goals; work with management to develop tactical plans designed to achieve strategic goals; and will prepare the necessary business plan and budgets to achieve the tactical plans.

 

What you’d be doing

  • Develop and maintain a sound internal control environment.
  • Oversee the preparation of financial statements and provide interpretation and analysis to the Executive Management Team.
  • Oversee the preparation of regulatory reporting.
  • Develops, recommends, and implements changes to policies and procedures in the areas of administration to ensure compliance with application regulations and laws.
  • Develop and maintain a strong relationship with external auditors and stake holders.
  • Monitor and manage the Credit Unions financial risk, including but not limited to: Interest Rate Risk, Capital Risk, Liquidity Risk, and Foreign Exchange Risk
  • Develop and implement strategies for increasing profitability and reducing costs.
  • Develop and maintain the budget and forecasting processes and monitor the overall credit union performance.
  • Manage and evaluate the financial and operational systems of the Credit Union.
  • Analyze investment opportunities and manage the overall investment portfolio.
  • Participates actively at the senior management level and Board of Director level in the development and implementation of strategic plans.
  • Sets and administers the rate structure in conjunction with the CEO.
  • Supervises, mentors, and coaches the Finance, Compliance and Accounts Payable Teams.
  • Responsible for providing overall direction, control and planning for the audit, risk, and internal controls for the credit union.
  • Key executive management representative to Board Audit Committee and other Board Committees as assigned.
  • Reports to the Board of Directors regarding the finances of the Credit Union.
  • Lead the Asset Liability Committee (ALCO).
  • Oversees compliance function.
  • Manages corporate enterprise risk relating to areas such as anti-money laundering/terrorist financing compliance, and other related legislation; keeps current with and ensures credit union compliance to legislation.
  • Develops and implements risk policies and programs relating to areas such as loss prevention and business continuity.
  • Oversees the monitoring, investigation, and tracking of internal control processes and losses due to fraud, forgery, and theft.
  • Manages relationships with external regulators.
  • Other duties as assigned.

 

Skill Requirements

  • Accounting designation (CPA) required.
  • Minimum of 7-9 years in accounting and financial experience.
  • Proven experience managing financial and risk functions.
  • Proficiency in financial modelling, forecasting, and budgeting.
  • Knowledge of banking regulations and compliance requirements.
  • Knowledge of DNA Banking System would be considered an asset.
  • Excellent organizational, interpersonal and communication skills
  • Ability to work independently and take initiative.
  • Excellent planning, budgeting, and organizational skills.
  • Strong people skills in working and developing relationships with stakeholders, staff and members.
  • Sound analytical thinking, planning, prioritization and execution skills and strategic leadership ability.
  • A team player with the ability to work collaboratively.
  • Experience creating policies and procedures.
  • 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.

 

Job Type: One (1) Full – time vacancy

Primary Location: Head Office / Remote Hybrid Work Environment Available

Hours of Work: Flexible Work Week

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.

Chief Executive Officer

Location: Kitchener, ON/Hybrid

Your Neighbourhood Credit Union (YNCU) is a member-owned financial cooperative that prioritizes community and personalized financial solutions. One of the ten largest credit unions in Ontario, YNCU’s success is rooted in building strong relationships, fueling local growth through investments into the communities it serves and an award-winning culture that invests in its people and its members. YNCU is dedicated to creating a thriving organization that promotes positive change and an unwavering commitment to diversity, social and environmental values.

It is within this exciting context that YNCU is seeking a visionary leader to serve as its next Chief Executive Officer (CEO).

The CEO of YNCU is responsible for shaping the strategic direction of the organization, working closely with a committed Board of Directors and a skilled executive team to develop and implement YNCU’s corporate strategy. With a deep commitment to the organization’s core values and principles, the successful incumbent must boldly ensure that YNCU continues to provide outstanding member experience, explores technological innovations to enhance competitiveness in the digital banking landscape, and identifies opportunities for ongoing growth and profitability.

YNCU’s next CEO must be highly respected for their outstanding strategic capability, strong business acumen, and dedication to continuous improvement and client service excellence. With a leadership style characterized by empowerment, collaboration and a high level of emotional intelligence, the CEO’s outstanding communication skill and willingness to listen and proactively engage will inspire trust among partners while fostering a positive organizational culture that values diversity, inclusivity, and awareness. Sound governance knowledge and previous experience reporting to, or serving on, a board of directors will be of great value, as will demonstrable change leadership skill and experience navigating the continuing impacts of new technology on staff and members. An organizational ambassador adept at identifying opportunities for partnership and shared success, the CEO must consistently uphold high ethical standards including acting with integrity, transparency, and humility in all things.

To apply for this position, please visit: boyden.thriveapp.ly/job/2427. For more information, please contact Cameron Morrison at cmorrison@boyden.com and state the title of the position in the subject line of your e-mail.

YNCU strives to be a diverse workplace reflective of the communities that we live in. We are committed to a diverse workforce and invite everyone to apply. YNCU makes hiring decisions solely on qualifications, merit, and business needs at the time.

YNCU is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, colour, sex, gender, religion, sexual orientation, national origin, disability, pregnancy, or any other protected characteristic as outlined by national, provincial, or municipal laws. This applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, leave of absence, compensation, benefits, and training. Your Neighbourhood Credit Union will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process. Please contact Human Resources at careers@yncu.com.

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

 

 

Manager, Transformation Office

Open to any location in Canada
Innovation Credit Union – Find Branch(innovationcu.ca) or the ability to work from your home office

Apply by April 8

Annual Salary: $99,210 – $136,414

Innovation Federal Credit Union has a bold ambition. In addition to being Canada’s newest Federal Credit Union, we will be the most digital, member-centric organization in our industry. We are on a journey to embrace the core tenets of the digital business model, like ideation, the network effect, personalized segmentation, coopetition, and agile ways of working.

We come to work to simplify banking for all Canadians – that’s our purpose.

How does this position help fulfill Innovation’s purpose?  Glad you asked!

The Manager, Transformation Office will focus on the implementation and ongoing evolution of our organizational transformation from a Project Management Office to a Transformation Office. A transformation office focuses on driving actions and business outcomes. This role will implement Agile Enterprise project management, which includes portfolio kanban’s and value realization. You will coach your team to ensure we do not miss the details – and have the team create and coach measurable value.

WIIFY (what’s in it for you):

  • Competitive Salary
  • Diverse and Inclusive Culture that continues to evolve
  • Flexible work arrangement options
  • Strong benefit package
  • 7% Superannuation matched contribution program
  • Attractive variable incentive program
  • Wellness Days to create appropriate work/life balance
  • Paid Education opportunities to ensure our members have the most equipped staff to help them
  • A purpose-driven organization that focuses on the values of Accountability, Integrity and Respect
  • And lots more reasons to love where you work and what you do!

What our team is looking for:

  • A growth mindset that emulates Model, Coach and Care behaviours in every activity and approach
  • A solution mindset that feeds inertia
  • An ambassador willing to promote our team inside and outside the organization.
  • Somebody who is digitally capable and wants to dig into new technology with enthusiasm!
  • Somebody who can work with occasional ambiguity with a focus on process evolution.
  • A mindset of Solve, Serve, Sell – a problem solver, serving our members directly or indirectly, and selling our brand!
  • Somebody to sweat the small stuff, but also see the big picture.
  • Personality and Energy – a flair for polish, and you bring your personal, creative touch to everything you do!

What will you do?

  • Develop project listing to implement organization-wide processes so that we are adaptively planning and allocating resources across the organization to deliver on our strategy.
  • Lead the delivery of major projects that involve overseeing sub-projects and/or multiple delivery components leveraging tools such as Microsoft Projects and AzureDevOps to paint the picture of resources and project execution on the go.
  • Support service delivery by building and fostering strategic and collaborative relationships with stakeholders and a diverse range of senior leaders to support the organization in meeting its mandate.
  • Champion Innovation’s project management, change management, and agile disciplines/methodologies and provide the processes, structures, and tools for these disciplines.
  • Provide supervision, coaching and mentorship to allow PMO team members to achieve their full potential including on-time delivery of our business plan. Model.coach.care as a leader with your team and cross-functionally with the organization.

Some things that would impress us:

  • Formal education/certification in Lean Six Sigma, Continuous Improvement and Project Management methodologies with a preference for a background in SaFe implementation.
  • Experience transforming an organization’s discipline in execution, including understanding the risks associated with a transformation of a business model from a people, process, and technology perspective.
  • Proven communication and collaboration skills.
  • A passion for learning and growth.

 

Interested?

Click the ‘Apply now’ button!

Innovation Federal Credit Union acknowledges that Indigenous peoples are the traditional guardians of this land that we call Canada.   In Saskatchewan we are on treaty lands and these treaties serve to govern our relationships with Indigenous people.  We are dedicated to ensuring that the spirit of Reconciliation and treaties are honoured and respected.

Credit Adjudication Specialist

Apply by April 1

Annual Salary: $73,730 – $101,378

Innovation Federal Credit Union has a bold ambition. In addition to being Canada’s newest Federal Credit Union, we will be the most digital, member-centric organization in our industry. We are on a journey to embrace the core tenants of the digital business model like ideation, the network effect, personalized segmentation, coopetition, and agile ways of working.

We come to work to simplify banking for all Canadians – that’s our purpose.

How does this position help fulfil Innovation’s purpose?  Glad you asked!

The Credit Specialist – Adjudication will be responsible for providing quality adjudication service to internal customers through use of risk analysis tools and methods, ensuring security for the members and Innovation Federal Credit Union. This position evaluates credit requests, analyzes financial information, and makes recommendations to obtain financing approvals.

WIIFY (what’s in it for you):

  • Competitive Salary
  • Diverse and Inclusive Culture that continues to evolve
  • Flexible work arrangement options
  • Strong benefit package
  • 7% Superannuation matched contribution program
  • Attractive variable incentive program
  • Wellness Days to create appropriate work/life balance
  • Paid Education opportunities to ensure our members have the most equipped staff helping them
  • A purpose driven organization that focuses on the values of Accountability, Integrity and Respect
  • And lots more reasons to love where you work and what you do!

What our team is looking for:

  • A growth mindset that emulates Model, Coach and Care behaviors in every activity and approach
  • A solution mindset that feeds inertia
  • An ambassador who’s willing to promote our team inside and outside organization
  • Somebody who is digitally capable, who wants to dig into new technology with enthusiasm!
  • Somebody who can work with occasional ambiguity with focus on process evolution
  • A mindset of Solve, Serve, Sell – a problem solver, serving our members directly or indirectly, and selling our brand!
  • Somebody to sweat the small stuff, but also see the big picture
  • Personality and Energy – a flair for polish, and you bring your own personal, creative touch to everything you do!

What will you do?

  • Assess and identify risk in credit requests and lending portfolios; analyze financial statements, credit reports, and other relevant data to make informed decisions.
  • Adjudicate credit applications and complete loan reviews to ensure acceptable risk are underwritten.
  • Communicate with various levels of management within the credit union to address risk findings and promote the safety and soundness of the credit union.
  • Ensure organized credit flow and adjudication to provide maximum service levels to Consumer Advisors.
  • Mentor and guide staff, providing feedback and encouragement in the development of lending skills.
  • Identify areas of opportunity and efficiency in lending procedures and processes.
  • Develop recommendations for changes to guidelines, procedures, and best practices.

Some things that would impress us:

  • Bachelor’s degree in commerce, Business Administration, or related discipline.
  • 3 – 5 years’ lending and credit experience or an equivalent combination of education and experience.
  • Advanced lending knowledge with strong skills in small business, commercial and agricultural lending.
  • Understanding of credit risk management principles, including portfolio risk, lending to higher risk industries and inherent risks embedded in lending products.
  • Comprehensive knowledge of loan underwriting standards and lending guidelines.
  • Strong interpersonal skills, including excellent oral and written communication abilities.

Interested?

Click the ‘Apply now’ button!

Innovation Federal Credit Union acknowledges that Indigenous peoples are the traditional guardians of this land that we call Canada.  In Saskatchewan we are on treaty lands and these treaties serve to govern our relationships with Indigenous people. We are dedicated to ensuring that the spirit of Reconciliation and treaties are honoured and respected.

Chief Executive Officer – Kindred Credit Union

Massey Henry is pleased to support Kindred Credit Union (“Kindred”) with the recruitment for a Chief Executive Officer. Kindred is a member-owned financial cooperative based in Southwestern Ontario. Kindred’s values-centred approach is woven into everything the organization does, making it the one-of-a-kind choice for those who want to connect their values and faith with their finances.

About Kindred

Kindred Credit Union (“Kindred”) is a member-owned financial cooperative based in Southwestern Ontario. Kindred’s values-centred approach is woven into everything they do, making them the one-of-a-kind choice for those who want to connect their values and faith with their finances.

Kindred offers a complete range of banking, borrowing, and investing products and services through eight branches and online. Members benefit from access to over 43,000 surcharge-free ATMs through THE EXCHANGE® Network in Canada and the Allpoint Network in the US.

Kindred was founded in 1964 and is rooted in the founders’ radical vision to see mutual aid put into faithful practice. Its core values of integrity, compassion, and stewardship continue to shape the organization today.

Kindred Today

From modest beginnings, Kindred has grown to over $2B in assets under administration and provides everyday banking services to over 27,000 members. As of December 31, 2023, Kindred is the 11th largest credit union in Ontario and the 32nd largest in Canada. As the marketplace has changed, Kindred has adapted and continues to adapt, with their foundation and values remaining strong.

Kindred approaches banking with a forward-thinking mentality, proactively investing in the future to ensure the organization is prepared to serve its growing membership and impact its growing communities.

Kindred’s Purpose

Kindred’s Purpose is cooperative banking that connects values and faith with finances, inspiring peaceful, just, and prosperous communities.

Core Values

Kindred operates in accordance with a strong set of core values that are key to what makes it a values-centered financial institution, namely:

  • Integrity means we strive to align our words and actions with our values at all times. We hold ourselves accountable to keep promises and follow through on commitments. When a mistake happens, we make it right. We strive to do the right thing in the right way for the right reasons.
  • Compassion guides how we relate to each other and our communities, when it’s easy and when it’s not. We start with empathy, grace, and a deep appreciation for the equal value of each person, while also encouraging each other’s growth. Our mutual wellbeing depends on caring for one another in community where everyone is welcome.
  • Stewardship acknowledges that all we have has been entrusted to us and we are called to be wise with the money, time, and other resources in our care. We will be a trustworthy expert our members can rely on to do what’s in their best interest and that of our credit union.

Seven Financial Cooperative Principles

As a credit union, Kindred shares the seven cooperative principles that have been in place for more than one hundred years, including:

  • Voluntary and Open Membership
  • Democratic Member Control
  • Member Economic Participation
  • Autonomy and Independence
  • Education, Training, and Information
  • Cooperation Among Cooperatives
  • Concern for Community

Please visit the International Cooperative Alliance website for more information about the Seven Cooperative Principles.

Services

Kindred offers a range of financial services to interested members seeking an alternative to traditional banking institutions. Leveraging unparalleled customer experience, the opportunity to engage in values-centered banking, and the ability to become both a member and an owner, Kindred offers its members a full suite of banking products and services, including:

  • Everyday Banking
  • Loans
  • Buying a home
  • Investing
  • Planning and Advice
  • Business Banking

Governance Structure

Kindred’s leadership consists of three groups: the Board of Directors, the Senior Leadership Team, and the Council of Members. These teams work closely together to ensure the continuing success and sound governance of the credit union.

  • The Board of Directors establishes Kindred’s strategic direction, monitors the overall strength and financial performance of the organization, assesses the satisfaction of members, and ensures the credit union continues to be an engaging employer.
  • The Senior Leadership Team provides strategic oversight and direction, developing, and managing strategies necessary to attain the credit union’s goals and objectives.
  • The Council of Members works closely with the Governance Committee of the Board, ensuring integrity in the recruitment of Directors to serve on the Board on behalf of the Membership.

Social Responsibility

Kindred is committed to focusing their resources on what is good for the benefit of their members and the community at large.

  • In 2016, Kindred became the first financial institution in Canada to have all their GICs validated as Socially Responsible Investments (SRI), and the credit union continues to implement a rigorous review process to ensure their members’ money is invested in companies that fit their values to build a more economically, socially, and environmentally sustainable world.
  • In 2023, Kindred’s SRI GIC’s grew by $125.7M, with $64.1M in total deposit growth.

Community Involvement

Kindred’s purpose is lived out through its members and in community with the congregations and charitable organizations that they support financially and volunteer with. Kindred strives to make a positive impact in the communities they serve by pledging to tangible impacts, including monetary contributions, programs, and events, in three key focus areas:

  • Financial Empowerment: Empowering members through access to literacy and capability building, as well as programs and products to aid them in navigating the Canadian financial system.
  • Community Food Security: Engaging with different partners to improve access to healthy food and contribute to the development of a sustainable food system.
  • Safe and Affordable Housing: Building partnerships to advance the availability of affordable housing.

Kindred gave $650,000 in charitable giving on behalf of its members, in 2023.

The Kindred Charitable Fund Committee approved $100,000 in grants for 2024, and more than $1.57 million since 1999. A total of 205 groups have benefited from these grants, which have impacted people and communities across Ontario.

The Opportunity

The Chief Executive Officer (“CEO”) reports to the Board of Directors and is primarily responsible for providing strategic direction and leadership, ensuring that senior management translates and operationalizes the broader organizational strategy into sound business plans while clearly articulating the purpose of the organization among its team, members, various constituencies, and stakeholders.

The CEO is responsible for effectively integrating and coordinating various functions, including liaising with industry partners, suppliers, competitors, regulatory authorities, and professional societies, and acting as a representative of the credit union. The CEO ensures sound financial management and business growth and an effective system of communication throughout the credit union.

Key Functions

The CEO is accountable to the Board of Directors for the successful performance of the credit union by completing the following key job functions:

  • Lead the organization in the planning, development, implementation, and management of strategies necessary to attain Kindred’s goals and objectives.
  • As a visionary, represent and promote the purpose and values of the credit union within the ever-changing sector of Ontario Financial Institutions.
  • Promote a culture around management and decision making that reflects Kindred’s values while building its financial and operational strength.
  • Ensure organizational compliance both with policies and Board of Director mandates, as well as within the laws and regulations governing credit unions.

Reporting Lines and Teams

The CEO works closely with and reports to the Board of Directors. All day-to-day management performed by the CEO is supported through the involvement of ten direct reports, including seven members of the Senior Leadership Team (SLT) and the Director, Internal Audit, Corporate Secretary, and Executive Assistant rounding out the team.
The SLT is a talented and passionate group that is committed to Kindred’s strategy as they bring their many years of experience to their roles each day. This group is comprised of the following roles:

  • Chief Finance and Compliance Officer
  • Chief Technology and Innovation Officer
  • Vice-President, Credit Risk
  • Vice-President, Engagement and Values
  • Vice-President, Agriculture and Commercial Banking
  • Vice-President, Member Relationships
  • Vice-President, Strategy Development and Delivery

Current Priorities at Kindred

As part of the onboarding process, priorities, and challenges congruent with Kindred’s strategic plans will be set in collaboration with the incoming CEO. The following three categories outline priorities for the CEO given the challenges facing credit unions and recognizing potential areas for improvement within the organization.

Internal Operating Considerations

  • Motivate the organization to continue to develop enterprise agility. This includes leveraging best practices for planning, agile project management, and lean process improvement, allowing Kindred to accelerate opportunities for revenue growth without adding undue costs and/or resources.

External Operating Considerations

  • Increase Kindred’s brand exposure. Grow awareness of Kindred’s unique and distinct value proposition and brand to continue driving the organization’s accelerated pace of growth within the credit union sector.
  • Diversify lending and revenue streams. Reduce the risk of loan concentration while expanding Kindred’s profitability and impact by seizing opportunities to expand into new/growing sectors and increasing service offerings.
  • Develop a business strategy which mitigates risks and captures opportunities around credit union partnerships and consolidation in the market.

Strategic Positioning

  • Understand and embrace the current Strategic Plan for 2025. Manage operations proactively and accurately measure and report on Kindred’s results against the 2025 Strategic Pan. Develop the strategic plan beyond 2025 in collaboration with the SLT and Board of Directors.
  • Advocate for, and advance, Credit Unions within the community and larger bank sector. Member-owned banking is underrepresented in the Canadian banking sector and provides an extraordinary opportunity for people to connect to their communities while generating bank profits which are returned to members.

The Individual

The CEO brings extensive experience at the executive level within a financial institution environment and an ability to build and maintain trusted relationships and balance a diverse set of expectations. Serving as a key representative of the credit union, the CEO will possess the expertise and gravitas to function as a leading spokesperson for a diverse set of stakeholders, while championing a collaborative, team-oriented, management style focused on consensus-building.

The CEO possesses a strong community presence and shares Kindred’s values. Recognized for their exceptional relationship management capabilities and articulate and engaging communication style, the CEO is a perceptive and proactive leader with financial and business acumen, developed through their career or academics.

Key Qualifications

Technical Skills and Experience

  • Excellent communication and board-level presentation skills, including both written and oral, and an ability to effectively manage communications with a wide range of stakeholders.
  • Exceptional leadership skills, with an emphasis on team building and engagement.
  • A proven track record of success leading personal and business banking in a service-oriented and member-centric environment.
  • Financial and business acumen developed through career and/or academics.
  • Technological awareness and understanding of the role information technology will play in the changing financial ecosystem.
  • Robust understanding of digital transformation processes as it relates to a credit union environment.
  • Strong customer-centric focus to strategy, and the ability to develop and implement strategies according to evolving client needs.
  • Knowledge of sound corporate governance and management principles, and regulatory policies and best practices.
  • Board experience considered an asset.

Education

  • MBA or other graduate-level degree or designation (required).

Personal Attributes and Cultural Fit

  • Visionary, with an ability to motivate others through a shared, clear vision.
  • Understanding, appreciation, and commitment to the Kindred purpose and values.
  • Strong interpersonal and relationship building skills – recognizing people as the most important asset and an understanding of the direct linkage between successful people strategies and practices and bottom-line results.
  • Articulate and engaging communicator and exceptional listener with a people-focused management style.
  • Collaborative team player, with a can-do attitude, willingness to consider others’ opinions, orientation toward constructively resolving conflicts, and a focus on adding value.
  • Strong consensus-building skills – able to effectively develop resolutions when navigating conflicts.
  • Actively engaged in community initiatives and possessing a strong community presence.
  • Highly self-aware and adept at exercising political and cultural awareness and sensitivity.

President and Chief Executive Officer

POSITION:                                           President and Chief Executive Officer (CEO)

LOCATION:                                          Hamilton, Ontario

REPORTING RELATIONSHIP:            Board of Directors

DIRECT REPORTS:                              Five

WEBSITE:                                             https://www.hmecu.com

THE OPPORTUNITY:

Are you ready to make your mark as a transformative leader in the credit union sector? Our client, Healthcare and Municipal Employees’ Credit Union (HMECU) is looking for a new President and CEO, to lead the organization through strategic innovation that cultivates a culture of inclusivity and teamwork leading to growth.

As the CEO, you’ll be forward-thinking, influencing the strategic direction and working alongside your key stakeholders to grow the business. This is more than a job; it’s an opportunity to:

  • Be a visionary leader, steering HMECU towards unprecedented
  • Ensure operational excellence by being involved and modeling
  • Work in partnership with a passionate senior leadership team to implement winning strategies.
  • Build relationships with multiple stakeholders and be recognized as an influential leader within the credit union system and the HMECU community.

WHAT WE ARE LOOKING FOR:

  • A minimum of ten years’ progressive leadership experience with notable accomplishments in operations and stakeholder management, preferably within a unionized environment.
  • A minimum of two years’ experience working collaboratively with a Board of Directors
  • Proven leadership track record – being transparent, creative, genuine, a bridge builder, empathic and motivating.
  • Ability to effectively delegate while being hands-on, when necessary.
  • Several years’ profitable ‘P & L’ experience, for a business unit/company.
  • Previous experience working with Financial Services Regulatory Authority of Ontario (FSRA) and competent knowledge of regulatory landscape to ensure compliance within industry standards.
  • Demonstrated achievement in driving, leading, and managing organizational change, through trust building and unwavering credibility.
  • Ability to cultivate a positive and united team culture that is aligned with the HMECU vision, mission and values.
  • An established reputation for community engagement and involvement.
  • Minimum university degree in business and/or an advanced degree in a related field. MBA, or equivalent experience, preferred.

REQUIRED LEADERSHIP SKILLS:

Strategic Innovator: Develops thoughtful plans and strategies while creating an environment where creativity and innovation thrive. Creating an incubator for the development of groundbreaking solutions and a competitive advantage that will positively influence long-term profitability.

Authentic Collaborator: Fostering a diverse, inclusive, and empowering environment, adapting leadership style to unlock individual potential, promoting personal growth, and building trust while facilitating cross-functional relationships.

Stakeholder Engagement: Exemplifies expert relationship-building with key stakeholders, skillfully navigating conflicts, influencing decisions, and remaining adaptable to changing circumstances. Conveys information with unparalleled expertise, cultivating positive relationships, and actively involving stakeholders in decision-making processes.

Financial Acuity: Understands the credit union business and environment and drives profitable growth while in compliance with FSRA. Proficiently identifies and assesses risk when recommending new products, services, processes, and strategies.

Caring: At HMECU we value diversity – in lived experiences, backgrounds, and in expertise. The culture is one of caring and support and we are looking for someone who is not only strong in their own aptitudes but also cares deeply about supporting the growth of others.

COMPANY BACKGROUND

Healthcare and Municipal Employees’ Credit Union is one of the oldest and most respected Credit Unions in Ontario. For over 85 years, HMECU has prided itself on exceptional member service, commitment to the communities that it serves and to its dedicated team of 32 employees. Currently they have branch locations in Hamilton (unionized), Burlington and Brantford.

COMPENSATION

Compensation will be commensurate with background and experience and will include a base salary, both short term and long-term incentives, and a comprehensive benefits package.

CONTACT

Qualified individuals are invited to apply with their résumé and a cover letter, by February 16, 2024. Please click on the following link:

CLICK HERE TO APPLY

 Questions about this opportunity may be directed to Manie Walker at recruitment@satoriconsultinginc.ca or 905.599.8433 (talk/text)

ACCOMMODATIONS

If you require accommodation during the application or interview process, please advise us as soon as possible, so appropriate arrangements can be made.

Satori Consulting Inc. thanks all those who apply; however, only candidates considered for an interview will be contacted.

Manager, Third Party Risk Management

Permanent Full-Time

Open to any location in Canada (ability to work from your home office)

Closes February 8

Annual Salary: $96,429 – $132,590

Innovation Federal Credit Union has a bold ambition. In addition to being Canada’s newest Federal Credit Union, we will be the most digital, member-centric organization in our industry. We are on a journey to embrace the core tenets of the digital business model, like ideation, the network effect, personalized segmentation, coopetition, and agile ways of working.

We come to work to simplify banking for all Canadians – that’s our purpose.

How does this position help fulfill Innovation’s purpose?  Glad you asked!

Reporting to the Senior Director Third Party Risk Management, the Manager Third Party Risk Management will be responsible for operating the third-party risk management (TPRM) program for Innovation Federal Credit Union. The TPRM program covers the end-to-end lifecycle for third-party arrangements. The role is also responsible to maintain and enhance the software supporting TPRM and related GRC programming to ensure ongoing effectiveness.

WIIFY (what’s in it for you):

  • Competitive Salary
  • Diverse and Inclusive Culture that continues to evolve
  • Flexible work arrangement options
  • Strong benefit package
  • 7% Superannuation matched contribution program
  • Attractive variable incentive program
  • Wellness Days to create appropriate work/life balance
  • Paid Education opportunities to ensure our members have the most equipped staff to help them
  • A purpose-driven organization that focuses on the values of Accountability, Integrity and Respect
  • And lots more reasons to love where you work and what you do!

What our team is looking for:

  • A growth mindset that emulates Model, Coach and Care behaviours in every activity and approach.
  • A solution mindset that feeds inertia.
  • An ambassador willing to promote our team inside and outside the organization.
  • Somebody who is digitally capable and wants to dig into new technology with enthusiasm!
  • Somebody who can work with occasional ambiguity with a focus on process evolution.
  • A mindset of Solve, Serve, Sell – a problem solver, serving our members directly or indirectly, and selling our brand!
  • Somebody to sweat the small stuff, but also see the big picture.
  • Personality and Energy – a flair for polish, and you bring your personal, creative touch to everything you do!

What will you do?

  • Manage the organization’s third party risk management program (TPRM) across the end-to-end lifecycle, with appropriate reporting and escalation of issues; including:
    • Manage the onboarding intake, coordinating and analyzing third party risk assessments and/or questionnaires for new engagements.
    • Conduct oversight reviews for existing third parties.
    • Coordinate and facilitate the review of risk subject matter experts and other business stakeholders as required; be the risk subject matter for TPRM and complete assessments as required.
  • Propose enhancements to the TPRM program, including recommendations on policy, practices, procedures and tooling, and support the implementation.
  • Support the implementation and roll-out of TPRM software and ensure its capabilities are developed, maintained and enhanced for continued support of the TPRM program.
  • Create and provide analytics and reporting on the performance of third-party relationships, the third party portfolio, and identifying areas for improvement.
  • Collaborate with the Relationship Owners and risk subject matter experts to develop risk mitigation and remediation actions for identified third-party risks and/or issues.
  • Collaborate with business units and third parties to manage third party risk to ensure alignment with risk appetite and strategic intents.

Some things that would impress us:

  • University degree in Risk Management, Information Security, Business, Finance, Internal Audit or related discipline.
  • 4 – 6 years of job-related experience or an equivalent combination of education, experience, and learning, preferably within the credit union system.
  • Knowledge of third party risk and operational risk management practices, third-party risk management tools and GRC tools (e.g., Resolver).
  • Advanced analytical skills.
  • Advanced experience with Microsoft Office suite.
  • Comfortable with using IT tools.
  • Ability to balance multiple tasks and maintain high level of quality of work.

Interested?

Click the ‘Apply now’ button!

Innovation Federal Credit Union acknowledges that Indigenous peoples are the traditional guardians of this land that we call Canada.  In Saskatchewan we are on treaty lands and these treaties serve to govern our relationships with Indigenous people.  We are dedicated to ensuring that the spirit of Reconciliation and treaties are honoured and respected.

Back to Top