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

Robust 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.

#J-18808-Ljbffr

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