Established in 1974 as the Credit Union Stabilization Corporation, the Credit Union Deposit Guarantee Corporation (CUDGC) has helped protect the financial security of Alberta credit union members for more than 50 years. Originally created to insure 100% of deposits, CUDGC has continued to evolve alongside the sector, expanding into credit adjudication, prudential regulation, stress testing and up-to-date regulatory oversight. Today, it operates as a trusted public agency under the authority of the Alberta Credit Union Act. As a deposit guarantor, CUDGC guarantees 100% of eligible deposits held with Alberta credit unions. The Deposit Guarantee Fund forms part of a three-level protection system supported by credit union capital and, ultimately, the Government of Alberta. The Fund is financed by Alberta credit unions and invested in high-quality, liquid investments. CUDGC also regulates Alberta’s credit unions and Alberta Central through a risk-based approach designed to support system safety and soundness and protect depositors. Its oversight framework draws on national and international best practices and includes standards, guidelines and ongoing assessment of capital, liquidity, solvency, governance, enterprise risk management, internal controls and compliance with the Alberta Credit Union Act. For more information about CUDGC, please visit their website. Department: Finance & Operations Reporting to an Executive, the Managing Director, Finance & Operations provides leadership across CUDGC’s financial, fund management, reporting, data and operational functions. The role is responsible for strong fiscal stewardship, regulatory compliance and internal controls while ensuring CUDGC has the financial information, systems and preparedness required to deliver on its public-interest mandate.



The Managing Director has an important role in the stewardship of the Deposit Guarantee Fund, including financial planning, liquidity, investment oversight, financial risk and preparedness for potential instability within the credit union system. They will provide informed advice to the Executive and Board while maintaining productive relationships with investment managers, auditors and other external partners. CUDGC requires a financial leader who understands how accounting systems work, how data moves through the organization and how controls operate in practice. The successful candidate must be prepared to move comfortably from Board-level reporting and investment discussions into systems implementation, detailed financial issues or operational problem-solving when circumstances require it. Lead financial planning, budgeting, forecasting and financial analysis. Ensure timely and accurate financial statements and disclosures in accordance with IFRS, auditing standards and legislative requirements. Maintain strong internal controls over financial reporting and effective financial governance. Lead external audit processes and ensure timely completion of audit requirements. Oversee tax compliance and other financial and legislative filing requirements. Fund, Treasury and Investment Management Oversee the adequacy, liquidity and long-term sustainability of the Deposit Guarantee Fund.



Lead financial modelling, scenario analysis and stress testing to assess Fund adequacy and financial risk. Oversee investment policies, guidelines and risk parameters. Monitor portfolio performance and ensure investments remain aligned with risk tolerance and objectives. Build effective relationships with external investment managers and advisors, including AIMCo. Bring sufficient investment knowledge to provide informed direction and constructive challenge to external partners. Systems, Data and Internal Controls Oversee financial systems, data governance and system configuration. Ensure the integrity, completeness and reliability of financial and regulatory data. Maintain a strong understanding of underlying accounting systems and controls, including Microsoft Dynamics 365. Identify and implement opportunities to improve processes, automation, efficiency and controls. Ensure data and financial information are structured to support effective regulatory and enterprise decision-making. Lead complex systems and process improvements using disciplined project management. Remain willing to engage directly in technical or operational issues when required. Regulatory Reporting and Crisis Preparedness Ensure regulatory, government and Board reporting is accurate, complete and delivered on time. Support the financial and data requirements of CUDGC’s regulatory teams. Lead financial preparedness for potential credit union distress or failure. Ensure resolution planning, crisis response and deposit reimbursement frameworks are current and operationally ready. Lead scenario planning, testing and simulations to assess preparedness. Contribute as a trusted leader within CUDGC’s deposit and crisis man

📌 Managing Director, Finance (Edmonton)
🏢 Credit Union Deposit Guarantee Corporation (Alberta)
📍 Edmonton