Director, Retail and Small Business Markets

Are you ready to make a move to a company that puts the financial well-being of its members first?

It’s not just something we say at Conexus. It’s a promise delivered by our 900 employees each day. We are passionate about our members’ financial health, and our employees reflect that passion. At Conexus it’s about more than conducting a banking transaction, it’s about providing members with insightful content, tools, advice and products that help them look at their financial choices in new ways. We do this by keeping it simple and lending an ear to each member’s individual needs throughout Saskatchewan.

Our employees are authentic, bold, creative, and responsible. They are the reason we consistently deliver outstanding member experiences. They’re more than just individuals who come to work each day, each employee is a vital part of Conexus.

We acknowledge that our Conexus offices and facilities are located on Treaty 2, 4, 5, 6, 8 and 10 lands. These are the traditional lands of the Cree, Dakota, Dene, Lakota, Nakota and Saulteaux peoples, as well as the homeland of the Métis.

The bigger picture

We’re looking for a strategic, forward-thinking, results-driven person to come on board as our Director, Retail and Small Business Markets, preferably located in Regina, Saskatchewan. You will be responsible for leading and directing the retail and small business sales and service delivery to drive growth and achieve exceptional results that supports Conexus, our members and our communities. This includes identifying ways in which we can enhance our ability to improve sales processes and increase efficiencies to support our members overall financial well-being. Ultimately your leadership and guidance will be critical to driving growth and success within the retail and small business markets while ensuring alignment to organizational strategies and effectively leading change.

How you’ll be spending your time

Coaching, empowering and leading a team of direct reports to maximize sales, member experience, business and community development, and operational performance
Leading by example to encourage the sharing of ideas for improving sales processes that facilitate the teams ability to provide financial product sales and advice to consumer and small business members
Assessing the performance of sales teams and provide recommendations for improvement while ensuring adherence to corporate policies
Lead strategies to ensure member-centric, needs based services and advice are being provided that facilitate relationships built on trust
Identifying and managing risks and opportunities while ensuring adherence to company policies and legislation
Identifying opportunities for improvement of policies, processes and increased efficiencies that ultimately support the member experience

The way people describe you

You have a deep understanding of the core business lines within the Credit Union system
You are a driven individual who strives to grow the success of your team through continuous coaching and empowerment
You promote and cultivate an environment that continually seeks and identifies areas to increase efficiencies
You have extensive organizational awareness and the ability to drive change and growth that align to the overall corporate strategy
You are considered a subject matter expert that is able to create a collaborative environment that supports a learning culture
You are a trusted partner who is skilled at conflict resolution and crisis management

The experience you bring

10 years’ experience in progressively challenging financial industry positions
5 years’ formal people leadership experience
CSI Moody’s Certificate in Commercial Credit (CICC)
Relevant post-secondary education (e.g. business, risk)

What you get in return

Our team works tirelessly to ensure the financial success of each of our members. We think such dedication deserves recognition. That’s why we’re proud to offer some of the most competitive job perks of any employer around. Come, join our crew, and find out just how sweet the rewards can be:

Competitive compensation and benefits package
Industry leading work-life balance and rewards
Formal and informal employee development
Meaningful work that makes a real difference in our members’ lives

We are excited to consider candidates with combined academic, professional and volunteer experience unique to them. Research shows that many applicants only apply if they meet every qualification of the role and we encourage you to consider the roles that most closely align with your skillset and experience. As we value diverse backgrounds and experiences and are focused on meaningfully building inclusive and diverse workplaces, you may be the new team member we’ve been looking for! This opportunity closes on April 13, 2023 so apply now! If you have questions about this position, please email jobs@conexus.ca

Chief Compliance & Risk Officer

Pacific Blue Cross is the only health benefits provider that’s based in BC, serving the people of BC—and we’ve been doing it for over 80 years. As an independent not-for-profit health benefits society, we have stakeholders—not shareholders. It’s an important distinction for us, because we reinvest in areas that do “more good” for our members where they live and work, through new products and services and support for organizations in communities all over BC.

The Chief Compliance and Risk Officer maintains an independent, objective assurance and consulting activity that is designed to add value to the operations of PBC and its subsidiaries. Reporting to the President and Chief Executive Officer, as well as to the Board through the Board Risk Committee, this role leads the independent oversight of compliance and risk through best practice frameworks for Regulatory Compliance Management and Enterprise Risk Management. These frameworks include the development of policy, standards, operational plans and monitoring and reporting. In addition, the Chief Compliance and Risk Officer and their team facilitates and coordinates risk management assessments, a risk register, and corporate risk profile; establishes standards and procedures for compliance programs; coordinates compliance and risk evaluations and mitigations; and facilitates the Risk Management Committee.

As the ideal candidate, you have a passion for supporting the health and wellbeing of others, and see the opportunity to further that passion through this organization that is committed to creating a healthier British Columbia through teamwork, exceptional service and accountability that will help improve sustainable healthcare. You bring a track record of success in a strategic, senior organizational role that has parallels to the scale, scope, and complexity of the responsibilities at PBC. You have experience working with an executive team and Board of Directors to ensure an organization has the tools and controls in place that will enable the organization to thrive. Ideally you have worked in an insurance or benefits environment, and have experience working with regulators such as the BC Financial Services Authority. You are an effective leader and influencer, and you possess a very collaborative, inclusive style which enables you to develop relationships with a range of partners and clients based on achieving mutual goals. Your work experience is augmented by a relevant undergraduate degree and certification in Risk Management and/or Compliance Management.

Pacific Blue Cross strives to create a workplace where everyone feels valued and employees feel empowered to freely participate and contribute regardless of race, ethnicity, gender, sexual orientation, religion, ability, education level, parental status, or socioeconomic status.

Senior Project Manager

What We Do

Stabilization Central Credit Union’s mandate is to help protect B.C.’s credit union system. Through early monitoring, Stabilization Central helps identify and assist credit unions facing governance, operational, or financial challenges. Stabilization Central is a central credit union whose members are all the credit unions in B.C. Our aim is to strengthen and support their viability, stability, and prosperity through advisory support on risk management, governance and other operational challenges.

What You’ll Do

Reporting to the CEO, the Senior Project Manager oversees and manages projects that provide customized solutions for member credit unions. They are accountable for managing projects with member credit unions that span multiple subject matter areas such as:

Governance
Risk Management
Regulatory Compliance
Financial performance
Retail and commercial lending

The Senior Project Manager works with regulatory bodies, consultants, and industry experts to facilitate the timely and cost-effective delivery of the appropriate scope of projects in the best interests of the credit union.

Projects include those that strengthen business practices for member credit unions that are facing a heightened level of regulatory scrutiny or managing specialized consulting engagements for credit unions seeking to improve their risk management practices.

How You’ll Do It

Building relationships by supporting and providing solutions to our credit union members
Working in a cross-functional environment with your colleagues, members, consultants and regulators.
Building tools and services that you can deploy to help enhance our members’ operations.
Learning about new credit union challenges, regulatory issues and developments as well as personal development in areas of your interest.

What You Bring

You have a strong understanding of regulatory compliance as it relates to financial services, regulation and prudential supervision, corporate governance, and risk management.
You are able to communicate complex issues in a simple way and you act with diplomacy and integrity!
Your background includes an undergraduate degree, or Professional Certification in Finance, Commerce, or related discipline, and a Project Management Designation and/or related experience.
You’ve been doing similar work for ten (10) years or have an equivalent combination of relevant education and experience may be considered.

We are an organization that knows the value of talented people. A career at Stabilization Central is an opportunity to be part of a collaborative, nimble and inclusive team that is focused on partnering with and serving its customers, the credit union system. You can expect a competitive salary, comprehensive benefits and a challenging work environment. Stabilization Central looks for diversity on our team, and invites applications from all qualified candidates.

Manager, Enterprise Risk Management

Position: Manager, Enterprise Risk Management (ERM)

Stride Credit Union is a co-operative financial institution, operating in the best interests of our members and our communities. Because we are locally owned and operated by members, servicing the needs of these members and potential members is our #1 priority.

Operating across eight communities in the Central Plains region; Neepawa, Glenella, Austin, Gladstone, MacGregor, Oakville, Plumas and Portage la Prairie we offer a comprehensive line of financial products and services for any and every kind of member. Our primary objective is to provide friendly, personalized, innovative financial services with fair pricing to our members at all times.

What’s the Opportunity?

The Manager, ERM will develop and manage a framework to identify, assess, mitigate, and monitor business risks across the organization. This position will manage, monitor, and maintain the overall ERM framework and reporting through the application of effective risk identification methods along with oversight and coordination of mitigation strategies throughout the credit union.

The Manager, ERM will be responsible for ensuring Stride’s operations and procedures comply with legal regulations and internal policies. Duties will include evaluating all current and new compliance regulations, reviewing credit union processes, and assisting with implementation of changes, if required. This position is a resource for compliance and fraud issues that arise at the credit union including facilitating assistance from outside resources for more complex compliance matters.

What you’ll get to do:

Establish and maintain a detailed ERM program using internal and external resources
Develop a framework to properly identify all risks to the organization, assess exposure, develop, and implement mitigation procedures with monitoring and follow-up established
Ensure the organization acts according to the Risk Appetite Statement
Develop a reporting process and scorecard of key performance indicators to monitor and audit compliance
Implement risk mitigation strategies and procedures along with effective and timely reporting standards for executive leadership
Review all Credit Union contracts to ensure risk is controlled
Work with all levels of management throughout the Credit Union to ensure and enhance the security of member information
Oversee the internal risk audit process and regularly review internal auditors.
Ensure compliance related policies (such as AML, FINTRAC, etc) are created, updated and complied with throughout the organization
Perform periodic audits/reviews on policy, procedures, and regulations
Oversee all fraud programs for the organization
Utilize fraud management programs to full capabilities and work with partners to keep apprised of new fraud threats and ways to mitigate risk

Qualifications:

7 years of ERM/Compliance, Management or Audit experience in financial services
Bachelor’s Degree in Business, Accounting/Audit or related area or equivalent experience. Postgraduate qualification and professional risk qualification will be an added advantage.
BSA/AML Program knowledge or experience
Specific Studies in the areas of Risk Management Designation with continuing education requirements, Anti-Money Laundering Compliance and Privacy Officer training
Knowledge of Credit Union internal audit cycles, control systems, policies and operational procedures, statutory requirements and the Credit Union Act.
Reporting, analytical problem solving and decision making abilities
Leadership skills
Strong skills in partnering and coordinating with other leaders and staff

Why join Stride Credit Union?

We offer an engaging work environment where creativity and autonomy are valued. You will receive a significant total compensation package including a competitive salary, eligibility for variable compensation and a matched pension plan. You will also receive additional benefits, such as:

Extended medical, dental and vision benefits at 100% coverage
Flexible work options, where available
Employee banking benefits (including free chequing accounts, low interest credit card and bonus rates on deposit and lending products)
Opportunities for professional development

If this sounds like something you are up for, we want to hear from you! Please submit your Resume and cover letter to careers@stridecu.ca. This posting will remain open until filled.

Chief Risk and Compliance Officer

Are you ready to make a move and work for a company who puts the financial well-being of its members first? It’s not just something we say at Conexus. It’s a promise delivered by our employees each day. We are passionate about our members’ financial health, and our employees reflect that passion. At Conexus it’s about more than conducting a banking transaction, it’s about providing members with products, tools and insightful advice that helps them realize their dreams. We do this by keeping it simple and lending an ear to each member’s individual needs throughout Saskatchewan.

Our Conexus offices and facilities are located on Treaty 2, 4, 5, 6, 8 and 10 lands. These are the traditional lands of the Cree, Dakota, Dene, Lakota, Nakota and Saulteaux peoples, as well as the homeland of the Métis.

The bigger picture

We’re looking for a progressive, disciplined and action orientated leader to join our executive leadership team as Chief Risk & Compliance Officer.

As the Chief Risk & Compliance Officer (“CRCO”), you will partner with the executive leaders to ensure the day to day execution of our business strategy. You will guide and influence the entire organization alongside your colleagues within Conexus. You will be responsible for defining the risk culture throughout the organization and ensure that our risk appetite and business strategy are aligned and designed to leverage business opportunities and create member value.

Not only will you lead a varied group of integral teams but given that this role is a key control position, you will also provide valuable and expert guidance, insight and knowledge to our Board of Directors.

How you’ll be spending your time

Responsible for the ongoing risk management required in an ever-changing industry. This requires a high degree of talent to assess internal and external factors that impact the Credit Union. This also requires the ability to proactively respond to these factors in a flexible and forward-thinking way, while always adhering to evolving regulatory requirements.
Understand the regulatory environment and lead the subject matter experts that will form recommendations to the executive leadership team and/or Board of Directors
Ensuring the Board is fully informed on important factors related to risk that effect the organization
Developing programs that meet the needs of the members, drive growth and are aligned to the risk appetite of the Credit Union
Developing a culture of member first within the reporting business lines and Conexus Credit Union
Ensuring relationships and partnerships are highly productive for the benefit of Conexus
Leveraging and introducing technology that improves member service and provides for increased efficiencies with the Credit Union
Participating in and nurturing broad networks of alliances with others to exchange knowledge and information

The way people describe you

You are known for your expertise in financial services, risk management and credit adjudication and have cultivated a reputation of success everywhere you go. You are strongly aligned to our purpose and have a demonstrated track record of strategic execution that produces extraordinary results. You are an exceptional leader that performs at scale with the ability to educate and inspire others to achieve exceptional results. You understand business strategy at the point of creation, and more importantly, how that strategy will translate through each point of the value chain You are a principled teammate who amplifies the talent of those around you to deliver on enterprise results.

The experience you bring

Awareness of the Credit Union Act & Regulations
Awareness of CUDGC Standards of Sound Business Practices
Appreciation of the OSFI Prudential Environment and application of same for provincially regulated entities
Awareness and demonstrated understanding of different methods of business process and the role each can play in problem solving and accomplishment of work
Knowledge and sound understanding of the credit union system
Knowledge and sound understanding of the Board’s fiduciary role in overseeing risk management for a financial institution
In-depth expertise of applicable federal and provincial legislation and regulatory requirements related to the areas of enterprise risk management and corporate compliance and privacy
In-depth expertise of credit adjudication and credit risk
In-depth expertise of cyber risk and security
7+ years of senior executive leadership experience
10+ years of experience in a relevant or related industry
Graduate post-secondary degree in a relevant or related field or a relevant combination of experience and post-secondary education
A background in financial services sales is an asset

So, what do you think – does this sound like it might be a fit for you? If so, and you have the qualifications outlined above, then we encourage you to apply today. If you have questions about this position, please contact Susan Pottle at susan.pottle@conexus.ca. But act fast, the opportunity closes on March 10^th.

Risk Analyst

Open to anywhere in Canada

Simplifying banking for Canadians – it’s simple but bold. Here at Innovation Credit Union we reward forward thinking, results driven, digital risk takers who are looking to break barriers in traditional banking. As a Risk Analyst has a good knowledge of operational risk management practices and possesses an inquisitive and investigative mindset to initiate risk discussions and improve risk mitigation strategies. The ability to plan, prioritize and execute assigned tasks comes naturally to this person.

A Risk Analyst supports the Manager, Operational Risk with the implementation of the Operational Risk Management Framework; reviews risk registers/event logs; supports the VP, Risk & Compliance with the implementation of the Model Risk Governance Framework for Innovation. They understand the importance of RCSAs, Operational Risk Taxonomy, Risk Events, Risk Awareness and KRIs. They are committed to continuous learning and professional development while maintaining knowledge of legislation, regulations, standards and best practices for the effective management of operational risk.

(WIIFY) What’s in it for you:

Competitive Salary
Diverse and Inclusive Culture that continues to evolve
Flexible work options
Strong benefit package
Superannuation matched contribution 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

Visit the CAREERS page of our website www.innovationcu.ca to learn more and apply!

Senior Manager, Commercial Credit Risk

Interior Savings is a locally based financial institution serving the Interior Region of British Columbia; we are one of the largest credit unions in the province. Our customers are our members, our members are our owners, and our success begins and ends with you. Our Way Forward is to make a positive difference in people’s lives and enrich each member’s life journey while keeping the human touch in a digital world. Interior Savings takes pride in the fact that we operate in a socially responsible manner and are highly visible supporters of the communities we serve. That’s local money for local good.

If you would like to be part of a team that makes a positive difference in people’s lives, check out this great opportunity.

We are seeking a Full Time Senior Manager, Commercial Credit Risk. With exceptional attention to detail the Senior Manager, Commercial Credit Risk is accountable for adjudicating commercial, small business and agricultural credit applications generated by the Commercial/Small Business Centers. This position is responsible for ensuring that the approved applications meet acceptable risk requirements in accordance with prudent lending practices, corporate lending policy, as well as regulatory and legislative requirements.

This position ensures, within established lending limits, the review, recommendation and approval of commercial, small business and agricultural credit applications that exceed the limits of the Commercial Managers and Commercial Account Managers. Presentation and support of recommended applications to the Management Credit Committee through established approval processes is a key activity of this position. In addition, this position will develop and implement an effective 2nd level of defense framework of ongoing commercial credit reviews.

As part of the risk management team, the Senior Manager, Commercial Credit Risk actively pursues the assessment of loan portfolio risks and trends and maintenance of credit quality through recommendation of Branch / Regional Office / Staff commercial lending limits, monitoring of portfolio performance, identification of emerging industry, macro-economic and political risks, and training and guidance of commercial lenders. This role is responsible for formulating and recommending policies and procedures for commercial lending, implementing approved policies and procedures, and establishing a compliance and related data quality monitoring and reporting regime. This includes recommending revision of relevant areas of the corporate Investment & Lending Policy and Guidelines in alignment with the Credit Union’s strategic plan and the Board established risk appetite.

This position involves frequent contact with senior management, commercial / small business banking personnel, account managers as well as Accounting, Audit and Treasury departments in a variety of capacities including developing new, more efficient, and pro-active methods to track portfolio quality and trends and test to pre-determined performance benchmarks.

The Senior Manager, Commercial Credit Risk is responsible for providing support, guidance, and direction on matters regarding the administration of higher risk, delinquent and non-performing commercial loans to minimize risk of loss. This role is also responsible for developing reports and metrics on the commercial loan portfolio, including composition, quality, and performance, and collaborating with Finance on the ongoing development, analysis, and calibration of the commercial loan portion of the loan loss model.

*This role is eligible for remote, hybrid or in office work

Education

Bachelor’s degree in commerce, business, or a related field
Either a CGA, CA, CMA designation preferred

Experience/Knowledge

Minimum 5 years’ experience in commercial risk underwriting with a financial institution, in addition to 7-9 years of field experience in commercial lending
In-depth knowledge of credit structuring, security requirements and lending policy, guidelines and practices is a critical requirement for this position
A working knowledge of legal issues related to commercial, agricultural lending is required to ensure security, terms, and conditions of approvals are appropriate and effective

For more information or to apply for this position please visit our website: www.interiorsavings.com

We thank all applicants for their interest and will contact short-listed candidates only.

Internal Auditor

Location: Trail, BC; Remote work options will be considered for the right candidate

Are you seeking an opportunity that provides a great work-life balance, along with the opportunity to build a satisfying career and be part of an organization that puts their community and employees first? If you have a background in auditing and have a solid understanding of financial service industry business practices, products and services, risk management principles and risk mitigation techniques, this may be the opportunity for you!

THE AREA

Nestled in the natural beauty of the Selkirk and Monashee mountain ranges, next to the mighty Columbia River, the Greater Trail area offers year-round activities for the outdoor enthusiast from golfing to skiing, mountain biking, kayaking, fishing, hiking and much more. Amenities include the region’s largest hospital, Selkirk College and an aquatic and leisure centre, all surrounded by inviting neighbouring communities that are within easy commuting distance. Affordable, safe and volunteer-oriented communities provide all the modern technology and amenities to keep you connected. Here you will find outstanding opportunities for living life well and to its fullest.

For more information about the Greater Trail region, please visit imaginekootenay.com

KOOTENAY SAVINGS CREDIT UNION

We’re the region’s leading credit union with over $1 billion in assets, over 39,000 members and over 200 employees. Our Corporate Office is in Trail, BC along with our Member Service Centre and we have eleven branches throughout the Kootenays offering retail and commercial banking services. We’re community-minded and continue to strive to fulfill our vision to be the best provider of financial services and the best place to work in the communities we serve.

For more information about Kootenay Savings, please visit kscu.com

THE OPPORTUNITY

Reporting administratively to the President & Chief Executive Officer with functional accountability to the Audit & Operational Risk (A&OR) Committee, the Internal Auditor provides independent, objective assurance and consulting services designed to add value and improve the Credit Union’s operations.

The Internal Auditor helps the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. The Internal Auditor is accountable for the development and carrying out of risk-based audit programs designed to evaluate Management’s system of internal controls as they pertain to the enterprise-wide risk profile.

You will work with all levels of management and staff to provide assurance that key risks are being managed effectively, and act as a change agent through innovative solutions to help improve organizational performance. Your clear and concise reports to Management and the A&OR Committee will present risks objectively and make practical recommendations which will improve the systems of internal control and operating efficiencies. You will stay abreast of professional standards for internal auditing to carry out all activity within the framework of accepted professional standards.

A remote work option may be considered for this role; however, the incumbent must be able to travel to work onsite in Trail, BC or in other KSCU locations as required.

What you bring:

A professional accounting or auditing designation (CPA or CIA), or enrollment in a professional accounting or auditing program, or equivalent
Four to six years of related experience in a financial institution, some at a supervisory level, or an equivalent combination of education and experience
Working knowledge of the financial services industry, including products and operations; risk management and risk mitigation techniques in the form of internal controls
Working knowledge of credit, market, strategic, operational, regulatory, and financial risk for financial institutions
Working knowledge of commercial and retail lending
Working knowledge of financial deposit processes and procedures
Working knowledge of the regulatory and compliance environment
Working knowledge of computer technology in the context of a financial institution
Advanced knowledge of internal audit methodology and techniques and standards of the Institute of Internal Auditors
Advanced analytical, research and problem-solving skills
Ability to effectively manage multiple assignments and meet deliverables
Strong interpersonal skills
Strong oral and written communication skills
Strong organization and time management skills

Why work for us?

We know that our dedicated employees give us a lot and are key to our success; in return we offer a total rewards package that includes:

Competitive salary and benefits
Paid vacation, sick time and floating holidays
Continual training, development and coaching
Confidential employee and family assistance program
Unique staff benefits on products such as bank accounts, loans & mortgages
The opportunity to build a satisfying career in an organization that incorporates many leading-strategic initiatives
Being part of an organization that puts their community and employees first
Being part of a talented and dedicated team who improve our members’ financial lives

You’ll be rewarded with a satisfying career in an organization that incorporates many leading-edge strategic initiatives with opportunities for supported professional growth and career advancement. If you are a team player ready to take on an exciting challenge in a progressive, employee-focused environment, we’d like to hear from you!

Please apply online through the careers section of our website at kscu.com to upload your resume and complete the application questions.

Closing date: Open until filled

We thank all applicants for their interest; however, only short-listed applicants will be contacted.

Quality Control Specialist

QUALITY CONTROL SPECIALIST

Permanent Full Time

Closes November 21

Open to Any Location in Canada
(Ability to work remotely from your home office)

$55,261 – $69,076

Innovation Credit Union has a bold ambition. In addition to being Canada’s next 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.

Click the link below to see what Innovation Credit Union is about! Trust us, you are going to want to learn more about who we are!

Innovation Credit Union – About Us (innovationcu.ca)

THE POSITION: To assist and support the Risk Division through quality assurance testing of the credit portfolio by analyzing credit, identifying risk, and ensuring compliance with all regulatory requirements. Develop, document, and review internal lending practices based on results with the goal of maintaining an acceptable level of risk in Innovation’s lending portfolio.

Through years of lending and credit experience, this person uses a concerned approach to test risk within our organizational lending portfolio, document findings and gaps and reporting results. Although there are times where an external member experience is required, it is generally seen as a resource to internal departments.

Key responsibilities/accountabilities of the role:

Build internal relationships with cross-functional teams supporting employee development by providing high-level knowledge in Innovation practices and documentation requirements
Assist in building a constructive culture by providing exceptional member service with open and timely communication
Present results of Quality Assurance testing to VP/Managers providing an instrumental tool for coaching/mentoring opportunities to drive improvements in the quality of Innovation’s lending portfolio
Possess comprehensive knowledge of all Innovation practices and documentation
Develop, document, and review internal lending and risk division practices, recommending required changes based on results
Maintain an advanced level of understanding of legislative requirements and government programs
Identify and recommend areas of efficiency discovered through the portfolio testing
Ensure proper collection of fees and application of appropriate interest rates through credit analysis
Possess a keen eye for detail in combination with a strong investigative skillset which is required to proficiently assess risk, ensuring compliance will all regulatory requirements
Perform credit analysis following the current expectations of review as determined by the VP Credit and the Head of Risk
Investigate credit files where areas of risk have been identified and report findings to the VP of Credit; assisting in the determination of what appropriate course of action is required

What are some of the skills/experience a successful candidate will possess?

Completion of a two or four-year post-secondary program in Commerce, Business, or a related field
5 – 7 years job related experience or an equivalent combination of education and experience
Advanced Microsoft Office skills in various Microsoft programs

Interested?

Director of Enterprise Risk Management

Job Function:

The Director Enterprise Risk Management (ERM) will develop and manage a framework to identify, assess, mitigate, and monitor business risks across the organization. This position will manage, monitor, and maintain the overall ERM framework and reporting through the application of effective risk identification methods along with oversight and coordination of mitigation strategies throughout the credit union. The primary functions are related to member information security, business continuity and recovery, critical & non-critical third-party relationships, anti-money laundering compliance and both current and pending regulatory requirements as related to the management of the Enterprise Risk Program. Secondary functions include monitoring of any new procedures by other departments, litigation matters, insurance, information and coordination of compliance/regulatory audits.

The Director ERM will be responsible for ensuring Mainstreet’s operations and procedures comply with legal regulations and internal policies. Duties will include evaluating all current and new compliance regulations, reviewing credit union processes, and assist with implementation of changes, if required. He/she will be a resource for compliance issues that arise at the credit union. This will involve being the facilitator to outside resources for more complex compliance matters.

Due to the nature of the oversight responsibilities associated with this position, strong skills in partnering and coordinating with executive and other director level positions throughout the credit union to facilitate the assessment of appropriate risk, mitigation procedures and resolution strategies cross-functionally is critical in the effective management of this program. This position supports the culture of informed risk-taking, heightening awareness and use of appropriate risk management practices through educational programs, training process and mentoring employees.

Duties and Responsibilities:

Risk

Establish and maintain a detailed ERM program plan using internal and external resources to support the development of a framework to properly identify all risks to the organization, assess exposure, develop, and implement mitigation procedures with monitoring and follow-up established.
Develop a reporting process and scorecard of key performance indicators to monitor / audit compliance and timely implementation of risk mitigation strategies and procedures along with effective and timely reporting standard for both executive leadership and the Board of Directors.
Review and address the findings of the auditors and regulators as they apply to exposures in managing risks (market, credit, operational, structural, liquidity, strategic) with direct access to the Chair of the Audit & Risk committee.
Develop and review risk policies to ensure consistency with the internal control systems and control framework.
Ensure reporting for Capital Management, Liquidity Risk, Market Risk and Credit Risk are performed regularly, applied to items in the risk inventory and present recommendations made to the Audit & Risk Committee for risk mitigation.
Develop and administer the Business Continuity, Disaster Recovery and Pandemic plans along with test schedules.
Review all Credit Union contracts to ensure risk is controlled.
Review, administer and maintain all Credit Union insurance (CUPAC & Credit Union Bonding)
Work with all levels of management throughout the Credit Union to ensure and enhance the security of member information
Monitor areas where risk exposure has been identified through either internal or external reviews to ensure the implementation of mitigation strategies as recommended.
Oversee internal audit regime and regularly review internal auditors.
Make recommendations and presentations to the board and senior management as required.

Compliance

Lead the implementation and monitoring of effective risk management practices and ensure operating policies are complied with throughout the organization.
Monitor and report on internal controls to address policy breaches and recommend effective improvements.
Collaborating with multiple departments, consultants, and industry peers on compliance matters.
Performing periodic audits/reviews on policy, procedures, and regulations.
Oversee audits with FSRA, FINTRAC, or other regulators.
Review all credit Union contracts to ensure risk is controlled.
Review, administer and maintain all credit Union insurance (CUPAC & Credit Union Bonding)
Fulfil the role of Chief Anti – Money Laundering Officer, Privacy Officer and Chief Compliance Officer
Work on special projects as required.

Qualifications:

At least 7 years of ERM/Compliance, Management or Audit experience in financial services.
Bachelor’s Degree in Business, Accounting / Audit or related area or equivalent experience. Postgraduate qualification and professional risk qualification will be an added advantage.
Auditing/lending experience/background; BSA/AML Program knowledge/experience
Specific Studies: Risk Management Designation with continuing education requirements, Anti-Money Laundering Compliance and Privacy Officer training

Knowledge and Skills:

Credit union internal audit cycle, credit union internal control systems, policies & operational procedures, statutory requirements of credit unions, Credit Union Act and Regulations, credit union computer systems, policies and procedures specific to Risk Management and Money Laundering, credit union philosophies and principles.

Credit union integrated banking systems, computer software (spreadsheet and graphics), reporting and analysis, analytical problem solving and decision making, goal setting, interpersonal skills, verbal and written communication skills, organization and planning, time management and ability to prioritize.

Working Conditions:

Travel to Branches and Administration offices may be required.

Mainstreet Credit Union welcomes diversity in applicants. Accommodations are available upon request for candidates taking part in all aspects of the selection process.