Chief Financial & Risk Officer (CFRO) (Windsor)

Chief Financial & Risk Officer (CFRO) (Windsor)

05 Oct
|
Motor City Community Credit Union
|
Windsor

05 Oct

Motor City Community Credit Union

Windsor

Job Function In support of the Mission and Vision of Motor City Community Credit Union, the Chief Financial and Risk Officer (CFRO) is responsible for leading and managing the financial stewardship of the organization to ensure fiscal responsibility and maintain financial readiness. The CFRO is also responsible for the oversight of Motor City Community Credit Union’s Enterprise Risk Management regime and will be the contact person to the Board of Directors as it relates to risk.

Major Duties and Responsibilities:

- Provide leadership, direction and financial/risk expertise to the organization, with responsibility for corporate finance structure, financial reporting, forecasting and business planning, risk management, setting financial policies and establishing financial targets to effectively measure success
- Direct the overall forecasting, planning & analysis, accounting, budgeting, financial reporting and the overall evaluation of the business
- Ensure timely and accurate financial and compliance reports for management and the Board of Directors, external auditors and regulators
- Accountable for Enterprise Risk Management (ERM) practice, ensuring all programs are in compliance including capital risk management, structural risk management, market risk management and liquidity risk management
- Collaborate with the senior leadership team and Board of Directors in establishing key risk indicators, tolerance levels and monitoring trends
- Oversee the compliance function including anti-money laundering and all Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) requirements
- Responsible for the compliance governance function including all support for the Board, Committees and individual directors
- Serve as key point of contact for the Financial Services Regulatory Authority (FSRA)



relationship manager including responding to all requests
- Act as the point person between the Credit Union and the Board of Directors as it relates to risk,
- Develop the long-term financial forecast plan that aligns with the Credit Union’s strategic and business plans
- Oversee the finance and compliance departments and provide strategic leadership and mentorship to the team
- Perform other duties as assigned

Qualifications:

- Bachelor’s Degree in Business or Equivalent
- Accounting Designation (CPA)
- 10-15 years’ experience in a Financial Services environment (Credit Union experience an asset)
- 4-5 years of Senior Management experience
- Anti-money laundering/Anti-terrorist financing experience an asset
- Enterprise Risk Management facilitation considered an asset
- Must be bondable

Competencies/Skills:

- Strong knowledge of IFRS reporting standards
- Strong knowledge of the Credit Union and Caisse Populaires Act, 2020
- Development and/or maintenance of administrative and financial policies and procedures
- Senior level oversight of AML/ATF regime
- Proven ability to work closely with a Board of Directors and Regulators
- Strong attention to detail and analytical skills
- Experience in strategic planning and execution
- Strong leadership, interpersonal, communication and relationship building skills
- Proficient in time management, written and verbal communication skills
- Excellent organizational and planning skills




- Ability to perform under pressure and work independently
- Ability to prioritize tasks and meet deadlines as required
- Computer proficient in Microsoft Office such as Word and Excel
- Experience working in a unionized work environment an asset

Motor City Community Credit Union endeavours to accommodate the needs of candidates under the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act [AODA] throughout all stages of the recruitment and selection process. If contacted for an interview, please advise if you require accommodation. Motor City Community Credit Union is committed to equity of employment. As an equal opportunity employer, we would like to thank all applicants for their interest, however, only those candidates selected for an interview will be contacted.

In accordance with applicable employment legislation, Motor City Community Credit Union confirms that it does not use artificial intelligence or automated screening tools as part of its recruitment or candidate assessment processes. All candidate applications are reviewed and assessed by members of our hiring team.

In accordance with applicable job posting transparency requirements, this posting is for an existing vacancy at Motor City Community Credit Union

Pay: $160,000.00-$190,000.00 per year

Advantages

- Company events
- Company pension
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Vision care

Application question(s):
- Do you have your CPA or equivalent?

Education:
- Bachelor's Degree (preferred)

Experience:
- accounting and financial: 10 years (preferred)

Work Location: In person

📌 Chief Financial & Risk Officer (CFRO) (Windsor)
🏢 Motor City Community Credit Union
📍 Windsor

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