Do you want to be part of an organization that offers exceptional service and practical advice demonstrated through honesty, integrity, and ethical behaviour? Do you want to be part of an organization that is helping achieve financial wellness and sustainable communities? Are you an accomplished leader seeking a unique opportunity where your contributions extend beyond your role as a financial professional? Then this Chief Risk Officer role is for you! Well recognize and support you in a flexible environment where well-being and inclusion are prioritized. As part of our global team, well support you in shaping the future you want to see. CHIEF RISK OFFICER - OVERVIEW OF ROLE The Chief Risk Officer reports directly to the Chief Executive Officer (CEO). The CRO is a key member of the Senior Leadership Team, responsible for providing leadership, oversight, and coordination of Risk Management within our Credit Union. This leader translates business strategies into clear goals and manages the control, reporting, monitoring, and awareness of financial risk management, loss prevention, and security controls to ensure exemplary member service and organizational success. The CRO oversees the provision of member service, engages employees, manages operational efficiency, mitigates current and emerging risks, and contributes to the financial health of the Credit Union. The role demands demonstrating positive leadership both within the Credit Union and in the community, inspiring employees to achieve their potential and act in the best interest of the Credit Union while respecting members needs. KEY ACCOUNTABILITIES Enterprise Risk Management Develop and implement strategies and objectives to establish effective compliance risk mitigation related to areas such as anti-money laundering, terrorist financing, fraud, privacy, and tax residency compliance. Risk Administration Lead and coordinate the Risk Services department, ensuring the delivery of required products and services, providing reports to the CEO, and overseeing departmental initiatives. Anti-Money Laundering Oversee the AML program, ensure compliance with FINTRAC guidance, coordinate training, and act as the Chief Anti-Money Laundering Officer (CAMLO). Credit Risk Management and Oversight Develop and approve credit risk management policies, ensuring alignment with regulatory requirements and industry standards. Privacy Officer Maintain knowledge of privacy laws and ensure compliance across operations. Corporate Insurance Administration Manage the organizations insurance programs including Cyber Security, Professional Liability, and Property Insurance. Employee Engagement Build motivated teams, foster a positive work environment, and support staff development. Support to Credit Union Participate in key committees such as ALCO, AOR, and CMR, serving as a key resource. REQUIREMENTS Core Effectiveness Skills Strong interpersonal and communication skills, including written and verbal communication, active listening, and conflict resolution. Leadership qualities, including coaching, mentoring, motivating, and developing teams. Ability to manage change effectively, demonstrating adaptability and strategic foresight. Strong problem-solving and decision-making skills, with the ability to analyze complex issues and implement solutions. Teamwork and collaboration skills, capable of leading and developing project teams. Creative and innovative thinking, with the ability to develop new ideas and improve processes. Strategic thinking and planning skills, aligning actions with organizational goals. Occupational and Technical Skills Sales skills and knowledge of Credit Union principles and regulations. Understanding of financial terminology, industry conditions, and competitive landscape. Human resource management, including recruitment, performance management, and conflict resolution. Financial planning, forecasting, and budgeting skills. Education and Experience University degree required. Six to ten years of senior management experience in financial services. Extensive experience in enterprise risk management and regulatory compliance. Experience in policy development, risk evaluation, and drafting procedures preferred. #J-18808-Ljbffr
Job Title
Chief Risk Officer