Enterprise Compliance Manager

As a locally based financial institution, Cambrian Credit Union is known for working within our community. Everything we do at Cambrian is guided by our five simple values: Integrity and Honesty; Member Focused; Competitive; Community Involvement; Innovative Spirit.

Cambrian Credit Union is seeking an Enterprise Compliance Manager to join our dynamic Risk Management Team. As an integral risk management role, the Enterprise Compliance Manager is responsible for the development, maintenance and ongoing execution of compliance management risk assessments to ensure that effective processes and procedures are in place which align with relevant laws, regulations, and policies. The Enterprise Compliance Manager monitors external regulations and leads compliance-based operational reviews that inform the Executive on the appropriate procedures, best-practices, controls and internal policies that maintain the necessary compliance that are right-sized to Cambrian’s needs.

In the role of Enterprise Compliance Manager, you will:

• Lead the development, execution, and oversight of Cambrian’s Compliance Monitoring and Reporting process (i.e. controls) which includes working with internal subject-matter-experts and reviewing relevant legislation, regulations, and policies to identify and document compliance requirements.
• Ensure compliance recommendations are appropriate for Cambrian’s operations by highlighting the differences between internal operational procedures, practices and desired outcomes against what is necessary to meet ongoing regulatory compliance.
• Develop and maintain an Enterprise Compliance Program, informed by Cambrian’s Business Priorities, Budget, and Annual Internal Audit Plan, that prioritizes Compliance Reviews that best align to Cambrian’s strategic objectives and long-term value creation.
• Complete formal and informal compliance reviews in partnership with internal stakeholders to advise on steps necessary to ensure that sound processes are implemented to comply with all identified requirements.
• Create, manage, maintain and enhance compliance policies, procedures and processes to meet compliance requirements and identify and respond to any new legislation that would be relevant. This includes (but not limited to) the following:
  • DGCM Directives and Guidance, including the Standards of Sound Business Practices (SSBP)
  • PCMLTF (Proceeds of Crime (Money Laundering) and Terrorist Financing Act)
  • PIPEDA (Personal Information Protection and Electronic Documents Act) &/or Bill C-27
  • FATCA (Foreign Account Tax Compliance Act)
  • CASL
  • Manitoba Employment Standards
  • Applicable ISO Standards
• Engage with internal stakeholders to identify operational friction and areas of potential non-compliance in the execution of internal business practices; making recommendations and facilitating changes to achieve compliance
• Maintain enterprise documentation standards for compliance related controls, procedures and processes; provide clear guidance to leaders in meeting documentation standards through ongoing reviews, providing feedback and best practices, and discussing options to balance compliance with daily operations and enterprise priorities.
• Manage key compliance program deliverables post implementation of significant regulatory change, in accordance with the nature, scale and complexity of the requirements in a manner which ensures a strong culture of compliance, consistent with the tone set from Executive
• As needed, support the review and investigation of suspected compliance breaches, providing a summary of findings and recommended actions to the Chief Risk Officer and/or other Senior Leaders.

Your Education & Experience:

• Minimum 5 years of job-related experience, in compliance, audit, governance or another field with strict adherence to complex regulations.
• Post-secondary education in Accounting, Finance, Internal Audit or other related field
• Equivalent combination of education, professional designations and experience to be considered
• Previous experience in the financial services industry, considered a significant asset
• Active participation in professional organizations encouraged
• Demonstrated ability to work independently, with strong critical thinking and decision-making skills
• Demonstrated ability to collaborate with stakeholders at all levels of an organization
• Excellent communication and comprehension skills, specifically in reading complex material and translating into straight forward and contextualized concepts.
• Proficient in PC applications of Outlook, Word & Excel.
• Innovative thinker, open to new ideas, processes and applications.
• Ability to work well in a diverse environment with multiple and often changing priorities

Our Environment & Total Compensation

Cambrian offers a work environment where teamwork and creative thinking are valued.  In addition, we offer continuing professional development and a competitive total compensation package including:

• A hybrid work environment with the use of advanced technology
• Extended health and dental benefit options, up to 80% employer-paid premiums dependent on which coverage level chosen
• Defined Contribution Pension Plan – matched at 6%
• Short Term Disability, Life Insurance, Long Term Disability, AD&D insurance and EAP
• Paid sick days, Paid emergency Absent days
• Customized training, career development planning, and structured onboarding
• Staff Banking Benefits - Employee interest rates on Credit Union personal loans, lines of credit, mortgages and credit cards
• Annual Performance appraisals and merit increase reviews

How to apply:

Please submit your application online (https://www.cambrian.mb.ca/careers).  Your resume and cover letter must clearly illustrate how you meet these qualifications.

Cambrian Credit Union would like to thank all applicants for their interest, however, only those selected for an interview will be contacted.

Note: Cambrian Credit Union is an equal-opportunity employer. We welcome and encourage applications from individuals with diverse backgrounds, abilities, and experiences. Accommodations are available on request for candidates taking part in all aspects of the selection process.