Summary
Description
Who are we?
Credit Union Deposit Guarantee Corporation (the Corporation) is the deposit guarantor for Saskatchewan credit unions and the primary regulator for Saskatchewan credit unions and SaskCentral, together, Provincially Regulated Financial Institutions (PRFIs). We work closely with these institutions to ensure they employ sound business practices to enhance the strength and stability of the Saskatchewan credit union system.
We are seeking a confident, highly motivated professional to join our Regulatory Oversight (RO) division. The Vice-President, RO, works closely with other executive and senior management positions within the Corporation to ensure that corporate efforts are aligned, and plans are achievable. This position leads and empowers team members to understand their role in delivering on the regulatory oversight strategies and frameworks. In addition, this position will also champion and support the Corporation’s image and reputation as a credible, professional regulator.
What you’ll do:
Reporting to the Chief Executive Officer, the Vice-President, Regulatory Oversight (RO) provides strategic direction and executive leadership to the design, development and delivery of the Corporation’s regulatory policy and prevention and risk-based supervision functions. In addition, this position provides oversight for: the frameworks and strategies relating to regulatory policy, preventive initiatives, oversight of the deposit guarantee fund, the supervisory review program, including the staging and escalation process in Saskatchewan credit unions and SaskCentral, together PRFIs on behalf of the Corporation, and the granting of regulatory approvals.
Key responsibilities include:
- Sponsor and lead regulatory policy to ensure an effective and responsible framework for the regulation of Saskatchewan PRFIs and SaskCentral
- Oversee the analysis and identification of the need for preventive programming that develops PRFI decision makers, enhances a PRFIs ability to manage risk and promotes positive and respectful regulatory relationships with PRFIs
- Lead the Corporation’s crisis management framework
- Sponsor and lead PRFIs monitoring and intervention programs to ensure potential risks to the deposit guarantee fund are effectively mitigated
- Develop and recommend policies for CUDGCs board of directors approval
- Lead the Corporation’s deposit guarantee fund strategy that instils confidence and manages a guarantee fund to backstop deposits in Saskatchewan PRFIs
Provide strategic and operational leadership to the division to ensure corporate goals and objectives are achieved
What you’ll need:
- Undergraduate degree in accounting, finance or business supplemented with a graduate degree or designation in accounting or finance (or an equivalent combination of education and experience)
- Ten to fifteen years of management experience in the field of financial services or regulation
- Advanced knowledge of the financial services industry, including risk management and governance of financial institutions
- Proven executive leader with expertise in cooperative models, PRFIs, governance, accounting, strategic and enterprise risk management
- Advanced knowledge of PRFIs, the cooperative business model and working with executive management and boards of directors
Core competencies include accountability, building relationships, communication, empowerment, innovation, leadership, problem-solving and decision making, service excellence and organizational awareness.
What we offer:
The salary range for this position is $199,449 to $249,312.
We are committed to the success of our employees, that’s why we offer:
- Comprehensive benefits
- Health and dental coverage upon commencement
- Matched pension contributions
- Employee wellness program
- Maternity/parental benefits; top-up program
- Education, training, and development opportunities
Our hybrid work model offers flexibility of partial remote work upon agreement. For more information on the Corporation, please visit our website www.cudgc.sk.ca.
Ready to Apply:
Please submit your cover letter and resume stating competition number RO-VP by July 28, 2025, to HR@cudgc.sk.ca. We thank all applicants for their interest; however, only those selected for an interview will be contacted.
The Corporation values and supports workplace diversity. We believe diverse ideas, opinions and perspectives makes our corporation stronger.
