Compliance/Risk Management – Credit Union Careers

MANAGER, RISK AND CREDIT SERVICES

THE POSITION: Saskatoon City Employees Credit Union is seeking a Manager, Risk and Credit Service to join our organization. The candidates must possess an aptitude for business development, risk assessment, and relationship building. The core function would be to lead and manage the lending services with respect to credit granting, including interviews, adjudication, collection, control and staffing. As Manager of Risk and Credit Services, the successful candidate would also be involved in recommending policy and developing procedures for the lending services department as well as assisting with other areas of the Credit Union. As Manager of Risk responsibilities extend to oversight of compliance support staff and enterprise risk. The Manager of Risk and Credit Services reports directly to the General Manager, attends board meetings and is expected to assume the responsibilities of the General Manager in their absence.

QUALIFICATIONS: A diploma or degree from a recognized post-secondary educational institute plus a minimum of 7 years’ experience in a senior lending position (credit union experience is a definite asset). Demonstrated comprehensive consumer lending knowledge and experience is essential as well as a working knowledge of commercial lending. The candidate must possess core management competencies of; general management, industry knowledge, strategic thinking, crisis management, effective and above average communication skills, prudence, reliability, problem solving, strong analytical, reasoning, and decision-making skills along with interpersonal and organizational abilities.
A proven ability to lead, guide and motivate employees; and build and maintain positive relationships with staff, management, board of directors and members. The ability to strategically utilize technology – experience with DNA and ProLender is a definite asset. An above average knowledge of credit union deposit and lending products to meet member needs is a necessity.

THE CREDIT UNION:

Saskatoon City Employees Credit Union currently serves 2046 members as Saskatchewan’s only closed bond Credit Union consisting of city employees, superannuates and their families. Assets as of March 31, 2025, are $86.5 Million with a loan portfolio of approximately $52.6 Million comprised of primarily consumer and residential mortgages.

COMPENSATION:

The salary will be commensurate with qualifications and experience. A very comprehensive benefit package is offered including up to a 7% matched superannuation.

Please submit your resume along with your expected salary by May 20, 2025 to:

Dennis Lozinsky
Saskatoon City Employees Credit Union
222 3rd Avenue North
Saskatoon, SK S7K 0J5
Phone: (306) 975-2925
Email: dlozinsky@scecu.com

We appreciate the interest of all applicants; however only those selected for consideration will be contacted.

Manager, Risk & Administraion

MANAGER, Risk & administration

Title Manager, Risk & Administration

Department Finance & Administration

Reports to Chief Executive Officer Office

Salary $85,500-$100,588 annually

SUMMARY

Under direction from the Chief Executive Officer (CEO), the role of the Manager, Risk & Administration is to oversee the centralized administration and retail credit risk programs for Lake View Credit Union.

The Manager, Risk & Administration ensures overall execution of the centralized administration and compliance program, including the deposit and loan administration, fraud, anti-money laundering, privacy, accounts payable and clearing, and product and procedure maintenance functions. This role also ensures oversight of the retail credit risk program, including delegated lending authority, post review, adjudication parameters, and collections.

KEY RESPONSIBILITIES

Design and ensure execution of risk-based audits of deposit and loan transactions, activities, and accounts. Make recommendations for improvement of identified deficiencies/gaps resulting from audits and work closely with control owners to develop and implement solutions.
Responsible for the development, application and maintenance of policies and procedures related to AML and Privacy, incorporating industry best practices and ensuring compliance with all AML and Privacy regulatory requirements
Designated Privacy Officer and Chief Anti-Money Laundering Officer
Ensure various banking system reports (i.e., EM Supervisor reports to ensure overrides are conducted within delegated limits) are monitored as appropriate.
Responsible for the development, application and maintenance of a proactive fraud loss prevention program, policies and procedures, incorporating industry best practices and ensuring compliance with all regulatory requirements and industry codes
Contributing member of the Executive Credit Committee
Oversees the risk adjudication parameters and allowance for impaired loans. Adjust and refine retail loan parameters and provide approval within defined limits or escalate to credit committee.
Completes post review of retail credit files, make recommendations for improvement of identified deficiencies/gaps resulting from audits and work closely with retail lending team to develop and implement solutions
Maintains the retail credit procedures and recommends updates to the Investment and Lending Policy, prepares periodic reporting on credit activity and portfolio characteristics, and oversees collection activities
Leads Administrative Associate in providing payments management and reconciliation, clearing, accounts payable, and general accounting support
Supports completion of risk-based assessment of all new products/services and risk mitigation strategies.
Contribute to the development of the annual internal audit plan and execution of the internal audit program
Prepare quarterly AML, Privacy and Fraud Reports and other compliance-related reporting as requested
Responsible for development, application, and maintenance of efficient internal procedures to facilitate compliance with FATCA, CRS, and CASL regulations
Ensure reconciliation of registered products, and that all annual tax slips and filing requirements are met.
Responsible for research, writing, implementation, and evidenced compliance of branch procedures. This would incorporate any and all procedures required in the branch environment and would reflect all compliance requirements and best practices.
Responsible for execution of the annual compliance training program, and conducts additional training sessions with staff on products, services, procedures, and the banking system as required to promote efficiency, compliance and risk mitigation.
As requested, assist with matters related to compliance with current and emerging BCFSA guidelines and regulations
Ensure completion of all non-finance related credit union system or regulatory reporting (ie. CCUA self-assessment, Statistic Canada questionnaires, CCUA National Data Gathering, various compliance certificates or reports)
Assist with ongoing maintenance, updates, and version management for key branch systems

LEADERSHIP & STAFF DEVELOPMENT:

Manage, lead and provide direction to the Administrative Associate, Loans Administrators, Member Services Associates, Delinquency Officer and Risk and Compliance Specialist

Establish performance standards, evaluate and manage performance of staff through conducting staff appraisals, regular employee coaching sessions and if necessary, progressive discipline.
Take a leadership role in creating an environment of continuous improvement by sharing best practices to all staff.
Adhere to service standards as they pertain to the position
Enthusiastically participate in various internal committees, community involvement and image building of the Credit Union.
Other duties as assigned

EDUCATION AND EXPERIENCE

Minimum 5 years’ experience in a supervisory/management function in a financial institution (preferably a credit union)
Diploma or degree from recognized post-secondary institute or equivalent
Professional certification or experience in project management
Proficiency in DNA banking system and Lodestar is necessary.
Experience in both commercial and retail banking.
Proficient in AML, Terrorist Financing, Privacy and FATCA legislation and the enforcement thereof.
Strong proficiency in Microsoft 365 applications

Consideration will be given to an equivalent combination of education and experience.

REQUIRED KNOWLEDGE SKILL AND ABILITIES

Excellent verbal, written and presentation skills, including an ability to facilitate and provide training
In-depth knowledge of regulatory guidelines and industry best practices for financial institutions and the enforcement therein.
High level of integrity, confidentiality, and accountability
Strong work ethic and positive team attitude
Demonstrated ability to quickly grasp new concepts
Excellent analytical, problem solving and innovative thinking skills
Strong attention to detail with the ability to plan, organize, prioritize, and execute
Ability to work well and build relationships with various stakeholders to discover barriers and challenges, influence and achieve positive results
Sound judgement and ability to respond appropriately in pressure situations
Proven ability to provide accurate reporting of the Credit Union’s status with internal and external stakeholders.
Proficient in continuous improvement processes for policies and procedures to achieve the highest service levels.
Extensive knowledge of financial products and services.

Senior Analyst, Regulatory Policy & Prevention

Who are we?

Credit Union Deposit Guarantee Corporation (the Corporation) is the deposit guarantor for Saskatchewan credit unions and the primary regulator for Saskatchewan credit unions and SaskCentral, together, Provincially Regulated Financial Institutions (PRFIs). We work closely with these institutions to ensure they employ sound business practices to enhance the strength and stability of the Saskatchewan credit union system.

We are seeking a confident and highly motivated professional to join our Regulatory Policy and Prevention team. This team is vital in fulfilling the Corporation’s vision of instilling confidence in PRFIs. Employees in this position gain diverse experience across various facets of the financial services industry.

What you’ll do:

As a member of the Regulatory Policy and Prevention team, you will collaborate with a dedicated team of professionals working closely with both internal and external system partners to uphold our mandate of fostering confidence in PRFIs.

Key accountabilities to the position include:

Research, develop, and implement regulatory policy initiatives for credit unions, including inputs to the Corporation’s crisis management framework and deposit guarantee fund initiatives
Monitor, analyze, and prepare written reports on consolidated PRFI financial and non-financial performance/risk trends
Conduct ongoing research and analysis of the financial services industry, Saskatchewan credit union system, and the regulatory and economic environment
Build and maintain effective relationships that support achievement of the Corporation’s objectives, such as proactive loss prevention and PRFI self-regulation

What you’ll need:

Undergraduate degree in business administration or commerce; a professional designation would be considered an asset (or an equivalent combination of education and experience)
Three to five years’ experience in the financial services industry, regulatory environment, crisis management, or a finance-related field
Proven knowledge in policy development, financial analysis, and reporting; strong research, communication, and writing skills are required
Demonstrated ability in presenting information and facilitating discussions with key stakeholders would be considered an asset

Core competencies focus on teamwork, building relationships, communication, problem solving & decision making, and accountability.

What we offer:

The salary range for this position is $87,789 to $109,737.

We are committed to the success of our employees, that’s why we offer:

Comprehensive benefits
Health and dental coverage upon commencement
Matched pension contributions
Employee wellness program
Maternity/parental benefits; top-up program
Education, training, and development opportunities

Our hybrid work model offers flexibility of partial remote work upon agreement. For more information on the Corporation, please visit our website www.cudgc.sk.ca.

Ready to Apply:

Please submit your cover letter and resume stating competition number RPP-SRANALYST by May 5, 2025, to HR@cudgc.sk.ca. We thank all applicants for their interest; however, only those selected for an interview will be contacted.

The Corporation values and supports workplace diversity. We believe diverse ideas, opinions and perspectives makes our corporation stronger.

Manager, Accounting Operations

We’re looking for a Manager, Accounting Operations to join our team! This position is integral to the function of our organization, playing a critical role in our Corporate Accounting team. The key responsibilities for this role include:

Provide leadership to ensure the successful execution of daily accounting operations required to provide timely and accurate delivery of consolidated financial information.
Champion continuous process improvement initiatives, Microsoft products, and be an organizational expert in Innovation’s GL system. Identify opportunities and recommend solutions that will enhance or improve current business processes and infrastructure.
Support a broad range of projects in support of business strategy from a contract and vendor relation view.
Support the annual budgeting process, external audit, and projection process, and make presentations as required.
Ensure strong governance and internal financial controls across activities and information. Provide recommendations and implement changes to minimize risk exposure.

Qualifications:

Bachelor’s degree in accounting, finance, or a related field in addition. CPA designation (or working towards one) would be an asset
4-6 years of job-related experience or an equivalent combination of education and experience
Working knowledge of IFRS® Accounting Standards as issued by the International Accounting Standards Board (“IASB”)
Proficiency in using accounting software, data analytics tools, and digital platforms (including Microsoft)
Detail-oriented and risk aware, contributing to the safeguarding of our company’s assets and reputation
Proficient in digital literacy, including (but not limited to) critical thinking, problem solving and navigation using digital solutions
Use and comfortability with a variety of Microsoft 365 applications (Excel, Teams, Viva, Power Automate, PowerBI)

ABOUT US

Hi! We’re Innovation Federal Credit Union. Our purpose is to simplify banking for all Canadians. We like to keep it simple. We have three values – Accountability, Integrity, and Respect – and we are constantly striving to improve our organization to make it better for you (our member and prospective employee)!

How are we different from other financial institutions? We’ve put in the work to become a federal credit union – just one of three in Canada – to secure the future of our organization and continue to grow across Canada. Made in Sask, Built for Canada!

We care about our communities and our impact – $1.1 million was given to local organizations last year who are making a difference! Nearly 22% of InnovationNation proudly identifies as part of a designated group, reflecting our strong commitment to fostering diversity and inclusion. We offer our full-time staff participation in our 7% employer-matched pension plan and extended health benefit plan from Day 1 (no waiting period!).

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 honored and respected.

Director, Enterprise Risk Management & Regulatory Compliance

League Savings & Mortgage Company (LSM) is currently accepting applications for a Director, Enterprise Risk Management (ERM) & Regulatory Compliance.

WHO WE ARE:
LSM, a credit union owned company, is a federally regulated financial institution based in Nova Scotia. We deliver quality results and offer a collaborative and community focused work place. We strive to create an environment where all team members have opportunities for growth and feel welcome, valued, supported and connected.

If your values align with ours, consider joining our team!

A TYPICAL WEEK:
Working as part of the Risk team, the Director, ERM & Regulatory Compliance collaborates with senior leadership and cross functionally to build enterprise-wide risk management and regulatory compliance strategies, ensuring alignment with business objectives, industry standards, and regulatory requirements. The Director also oversees and leads the development and execution of the risk and regulatory frameworks to identify, assess, and mitigate operational, financial, regulatory, strategic, and reputational risks and are also responsible for providing direction and oversight to Co-operative Social Responsibility and Environmental Social Governance initiatives.

RESPONSIBILITIES:

Strategy Development
• Leads the development, implementation, and continuous improvement of the organization’s risk and regulatory strategies and their associated frameworks, ensuring technology and cyber security risk receive appropriate ongoing emphasis, maintaining and updating as required.
• Collaborates with senior leadership and other LSM departments to ensure alignment between risk management and regulatory compliance strategies and business objectives and provides guidance on integrating risk management into corporate decision-making processes and business operations.
• Participates in and provides input into the development of corporate strategies and business plans. Develops, recommends, implements and manages the annual department budget, monitors performance results and takes corrective action where appropriate.
Risk Identification, Assessment, Mitigation & Control
• Oversees the identification, evaluation, and prioritization of organization wide risks. Specific risk areas include treasure, capital, liquidity, crisis management/business continuity, securitization, credit, market, human resources, third-party, climate and technology.
• Develops and implements risk mitigation strategies and action plans to reduce risk impact and works closely with operational business leaders to ensure risk mitigation efforts are effectively applied and integrated at both strategic and operational levels.
• Leads and supports regular organization wide risk assessments, ensuring comprehensive risk identification and analysis, and develops and maintains a detailed risk register, to ensure evolving risks are effectively managed.

Regulatory Compliance & Governance
• Establishes and maintains the corporate regulatory compliance framework.
• Oversees the company’s compliance with relevant regulations, ensuring that the ERM framework addresses regulatory changes and compliance risks.
• Leads efforts to ensure the organization adheres to internal governance frameworks, risk policies, and best practices.
• Coordinates with internal and external auditors to ensure accurate reporting and resolution of audit findings.

Reporting & Communication
• Oversees the preparation of and delivers regular risk reports to the Board Risk Committee, Board of Directors, senior leadership, and other stakeholders, providing updates on the risk landscape, mitigation efforts, and emerging risks.
• Maintains open communications with senior leadership regarding risk trends, critical issues, and new regulatory requirements, leads open discussions and informs strategic decision making based on risk analysis.
• Communicates with regulators.

Crisis Management, Incident Response, and Business Continuity Management:
• Leads the development and implementation of the organization’s crisis management and incident response plans as well as the Recovery Plan. Maintains, updates and tests the Recovery Plan.
• Oversees the management of significant risk events, ensuring proper investigation, documentation, and corrective actions are taken.
• Ensures that business continuity and disaster recovery plans are aligned with the organization’s overall risk management strategy.

Corporate Leadership
• Provides oversight, leadership, and direction to direct reports in their provision of corporate CSR and ESG programs and initiatives.
• Actively participates in a variety of organizational committees to provide subject matter expertise.
• Fosters strong relationships and promotes cross-functional collaboration to address risk-related concerns, develops and implements training programs to promote risk awareness across the organization and embeds risk management practices into day-to-day operations
• Backs up the Chief Risk Officer in their absence.

TO BE SUCCESSFUL:
As the ideal candidate you will have successfully completed a Bachelor’s degree in Business, Finance or Risk Management, plus have a minimum of 10 years’ experience in risk management, regulatory compliance or a related field including progressive leadership experience or an equivalent combination of education and experience.

A Master’s degree and/or a professional accounting or auditing designation would be considered an asset.

COMPENSATION & BENEFITS:
This is a permanent, full-time position with salary range of $127,872 – $150,438. We offer a competitive contract benefits package as well as the opportunity to participate in the Performance Sharing Incentive Plan.

Our employees’ wellbeing is a top priority, and we underscore that with benefits such flexible working arrangements, sick days, and personal days, to enable employees to strike a balance that works for them.

LOCATION:
This position will be based in our Halifax, NS office, and provides services throughout Atlantic Canada and beyond; therefore, we offer the ability to work remotely as required.

TRAVEL, EVENING AND WEEKEND WORK:
This position requires occasional travel as well as some evening and weekend work.

ABOUT LSM
LSM is Atlantic Canada’s credit union owned financial institution and has partnered with credit unions to provide a wide range of competitive financial products and services to support Credit Union success since 1966.

We are proud to be a Certified B CorporationTM joining a global movement of people using business as a force for good. We are committed to making business decisions that are in the best interests of our employees, credit unions and their members.

Curious about what else we do? Check out our website or LinkedIn page.

We are committed to providing a work environment that fosters inclusion, value and respect and reflects the diversity of the communities in which we live and serve. We encourage and welcome applications from traditionally underrepresented and equity-seeking groups. All qualified applicants will receive equal consideration; however, priority will be given to Canadian citizens and permanent residents. Should you require any accommodation during the recruitment process or otherwise, please notify us and we will work to meet your accessibility needs.

Manager, Bonding & Fraud Risk

Stabilization Central Credit Union (SCCU) is a proactive agency that has been supporting and strengthening BC credit unions facing regulatory difficulties since 1989. It works in partnership with credit unions providing proactive, customized solutions and valuable tools to strengthen their business practices with a focus on stability and sound financial and risk management. SCCU provides proven leadership and direction to member credit unions via its service offerings of Governance, Regulatory Compliance, Risk Management, and Strategic Planning, to ensure a healthy, self-sustaining credit union system.

Reporting to the SVP, Risk & Finance, the Manager, Bonding & Fraud Risk (Manager) leads in the day-to-day operations of the Master Bond Program and in the delivery of services to members of SCCU. The Manager interacts with internal and external stakeholders and works closely with them to determine acceptable solutions. Along with their colleagues, the Manager works to improve processes and program delivery that support the BC credit union system.

The Manager will supervise a team that designs, prices, and manages a fidelity bonding and crime insurance coverage for credit unions under the Master Bond Program while maintaining relationships and communicating with industry, regulatory, and law enforcement contacts as necessary and when appropriate.

The ideal candidate is a recognized insurance professional who brings demonstrated experience in fraud and/or anti-money laundering paired with certification related to insurance and/or risk management (CPA, CFIA, CFE). As an outstanding leader of project delivery and someone who is comfortable working within a small, nimble organization, the Manager brings a strong understanding of commercial insurance strategies and risk management, ideally coupled with knowledge of the banking sector. Impressive communication skills and an ability to forge productive relationships with a wide range of partner groups will be intrinsic to this individual’s success, as will the ability to create and contribute to a positive and enthusiastic work environment.

The targeted salary range for this position is $110-$125K annually, supplemented by a competitive total rewards package.

Market, Liquidity & Model Risk Analyst

Open to any location in Canada (ability to work from a remote office)
Closes February 12

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 Risk Analyst is responsible for providing guidance on market, liquidity, and model risks and addressing issues across the organization. The analyst ensures the implementation of robust risk management practices, develops effective risk mitigation strategies, and maintains compliance with regulatory guidelines.

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?

Identify market and liquidity risks through comprehensive analysis of financial markets and instruments.
Assist in the development, implementation, and maintenance of risk models to support business objectives.
Prepare and present detailed reports on model risk assessments, findings, and recommendations to senior management.
Conduct stress testing and scenario analysis to evaluate the resilience of Innovation under adverse conditions.
Identify opportunities to improve risk management processes and enhance efficiency.
Support with model validation and maintain thorough documentation of model development and validation processes.
Conduct financial analysis to assess the impact of market and liquidity risks on Innovation’s financial performance.
Stay updated with the latest advancements in the financial risk management and incorporate innovative techniques and tools.
Ensure all risk management activities comply with regulatory requirements and internal policies, practices and procedures.

Some things that would impress us:

Completion of post-secondary education in a quantitative field such as Statistics, Economics, Mathematics, Engineering, Computer Science.
5+ years of financial services industry experience, preferably in market/liquidity risk, ALM, model risk governance/validation.
Knowledge of financial models to assist in validation and review.
Certifications such as FRM, CFA, CQF are considered an asset.
Knowledge of programming languages such as Python, R, SQL and VBA is beneficial.

Interested?

Click the ‘Apply now’ button!

Manager, Compliance

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

Apply by January 5

Annual Salary: $85,526 – $117,598

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 Manager, Compliance will be responsible for enhancing and maintaining the Regulatory Compliance Management (RCM) framework. This role is pivotal in safeguarding Innovation Federal Credit Union and ensuring we meet our regulatory obligations effectively. The Manager, Compliance will not only enhance our operational efficiency but will also instill greater confidence upon stakeholders, ensuring the continued trust and reliability in our institution’s commitment to regulatory excellence.

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?

Oversee daily operations of the Regulatory Compliance Management (RCM) program, including legislative and control libraries, risk assessments, control testing, issues management, and reporting.
In partnership with senior management, prepare and submit compliance reports to internal stakeholders and the Board, involving cross-functional coordination.
Advise the Business on regulatory compliance, products, programs, policies, and procedures, including new regulations.
Maintain deep knowledge & understanding of industry developments and practices, regulatory requirements and associated changes impacting the Business.
Lead and guide stakeholders, ensuring open communication and collaboration.
Support the development and maintenance of internal policies and controls aligned with applicable industry regulations and reflective of rule changes from various regulatory bodies.
Oversee business unit compliance, including risk identification, measurement, management, monitoring, and reporting.
Provide training to the Business Units on emerging issues, regulatory trends, and industry best practices.
Consider the Bank’s risk appetite and culture in daily activities and decisions.

Some things that would impress us:

Completion of a post-secondary degree in law from a recognized Canadian university or its equivalent preferred; completion of a post-secondary degree in another suitable discipline considered with experience working within a compliance or risk function at a federally regulated financial institution in Canada.
4-6 years’ progressive experience in legislation and regulatory review, research and compliance, and/or RCM functions.
Knowledge of Canadian Banking regulatory requirements, including OSFI Guideline E-13, the Bank Act, and the Federal Consumer Protection Framework.
Strong ability to read and interpret legislation and regulatory requirements is essential.
Exceptional analytical and communication skills, results orientation, data driven approach in decision making and ability to research.
Strong project management abilities and attention to detail.
Proficient use of PowerPoint and/or Excel with the ability to visualize information and summarize in a clear and concise manner and adapt communication to senior management audiences. Knowledge of Power BI would be an asset.

Interested?

Click the ‘Apply now’ button!

Manager, Bonding & Fraud Risk

POSITION DESCRIPTION
Title Manager, Bonding & Fraud Risk
Reports to SVP, Risk & Finance

ABOUT STABILIZATION CENTRAL CREDIT UNION
Stabilization Central Credit Union (SCCU) is a proactive agency that has been supporting and strengthening BC credit unions facing regulatory difficulties since 1989. SCCU provides proven leadership and direction to member credit unions to ensure a healthy, self-sustaining credit union system. SCCU offers a variety of value-added services including the Master Bond Program.

POSITION SUMMARY
The Manager, Fraud Risks leads in the day-to-day operations of the Master Bond Program and delivery of services to members of SCCU. This position interacts with internal and external stakeholders, and to work closely with them to determine acceptable solutions. Expect challenging work in a fast-paced environment, with critical deadlines, along with the chance to improve processes and program delivery that support the BC credit union system.

KEY RESPONSIBILITIES

Administration
• Supervise a team that designs, prices and manages a fidelity bonding and crime insurance coverage for credit unions under the Master Bond Program
• Liaise with the commercial insurance broker, excess insurers and other advisors on annual insurance renewals and large claims.
• Maintain relationships and communicate with industry, regulatory and law enforcement contacts as necessary and appropriate
• Manage the end-to-end claims process, including active communications between legal teams, insurers, brokers and members.
• Coordinate and supervise a small team that works according to a program calendar, liaising with other team members to ensure coordination of activities and timely completion. These may include, but not limited to, regular reporting, policy reviews, initiating actuarial reviews and internal audits.
• Undertake the performance management and development of direct reports.

Fraud Risk Management
• Update and maintain loss prevention manuals that provide an inventory of potential controls used by member credit unions in their fraud risk management frameworks and all related enterprise-level policies and procedures.
• Provide presentations or training to individuals and teams across the credit union system on current and emerging areas of fraud
• Prepare system level reporting for senior leadership and the Board of Directors as necessary, including responsibility for defining and refining risk appetite measures, KPIs and KRIs.

• Act as a fraud subject matter expert providing guidance, facilitating risk assessments, and exercising effective oversight through participation in projects and initiatives and new or changing services through the Master Bond Program.
• Deliver proactive guidance and insight on fraud matters to support new product and service initiatives under the Master Bond Program
• Communicate timely updates about trends to applicable credit union system partners
• Maintain an inventory of any self-identified or otherwise-identified gaps in the Master Bond Program and recommending to Stabilization Central leadership on addressing these issues.

REQUIRED SKILLS AND COMPETENCIES
• Undergraduate degree in business or relevant discipline OR a combination of applicable education and experience
• 5 – 9 years experience in fraud, anti-money laundering or risk management
• Completion of the Certified Fraud Examiner or another risk designation is ideal
• Strong written and verbal communication
• Experience in creating management and Board reporting
• Ability to perform detailed work under time constraints and pressure while maintaining a high degree of accuracy
• Conceptual and practical understanding of fraud risks and prevention strategies
• Knowledge of industry trends in fraud
• Knowledge of risk control assessment implementation, execution, and management
• Experience developing and delivering training content
• Proficient supervisory and/or project management skills
• Strong knowledge of MS Excel, Word, Outlook and PowerPoint

AML/ATF Compliance Associate

AML/ATF Compliance Associate

National Consulting Limited (NCL) is actively seeking an experienced professional to assist in the delivery of Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) compliance programs requirements to meet the needs of our credit union clients. This position works in conjunction with a team of specialists who report to the VP Business Solutions and works closely with credit unions, legal counsel, and regulators.

The Job

The successful candidate must be able to work independently and as a team in a remote (work-from-home) position. The key responsibilities of this position include:

Support the senior role in the delivery of the AML/ATF compliance program to credit union clients.
With guidance, create and deliver training courses on various AML/ATF related topics.
Participate in AML/ATF related projects.
Application of AML/AFT legislative requirements, including record keeping, reporting, monitoring and risk assessments.
Work in Verafin, Adobe Acrobat, MS Office 365 applications, SharePoint.

This is a permanent, full-time position (37.5 hours per week). Occasional travel and in-person attendance may be required. Computer equipment is supplied.

The Candidate

The ideal candidate will possess:

1-4 years’ experience in the credit union or co-operative system providing operational support or in AML and ATF.
Experience with Verafin.
Understand regulatory and legislative AML and ATF requirements.
A Canadian AML, ATF or other regulatory compliance or risk management designation would be beneficial.
Strong communication and interpersonal skills; you will build trusting relationships with credit union management and deliver excellent client experience.
As this is a work-from-home position, exceptional organizational and time-management skills are required to succeed in this position.

The Compensation

NCL offers a competitive compensation package. Salary will depend on qualifications and experience. Benefits include a matched superannuation pension plan; group benefits (health, dental, life and disability insurance, healthcare spending allowance and wellness program), and paid personal days off.

If being part of our team interests you, please submit a resume and cover letter, in confidence, by Monday, December 2.

We appreciate the interest of all applicants; however, only those under consideration will be contacted.

National Consulting Limited is owned by a consortium of 25 Saskatchewan credit unions and partners with credit unions across Canada to provide expertise in Risk Services such as Compliance, AML, Fraud Protection, Privacy, Procurement, Banking and Card Services.