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    Director (remote) - Hamilton, ON, Canada - Firstontario Credit Union Limited

    Firstontario Credit Union Limited
    Firstontario Credit Union Limited Hamilton, ON, Canada

    1 week ago

    Default job background
    Description
    FirstOntario Credit Union is one of the largest credit unions in Ontario.

    We are a trusted co-operative financial institution dedicated to providing competitive banking products and services and a quality Member service.

    More than 118,000 Ontarians choose FirstOntario for their financial needs - from chequing and savings accounts to loans and mortgages and highly qualified investment advice.

    At FirstOntario, we believe the best way to ensure our success is by supporting the communities we serve. That's why our policies include volunteering our time, talent and resources to worthy local causes and events.

    It's also why we reinvest our profits in the same places they're earned, and why we sponsor programs that promote financial literacy and economic development.

    Internal Audit Services (IAS) is beginning a multi-year journey to build a strong, collaborative, risk-focused function to enable FirstOntario Credit Union (FCU) in achieving its strategic objectives.

    Reporting to the Vice President, Internal Audit (Chief Audit Executive), the IA Director (Treasury & Finance) is one of two new Director roles and will form the IAS Leadership Team.

    The IA Director will support the CAE with building the IAS function and delivering its mandate to support the Audit Committee of the Board of Directors in their oversight role.

    While this role has a specialized focus in Treasury & Finance, the IA Director must be comfortable with all aspects of internal audit across the organization.

    IAS oversight responsibility for FCU Treasury & Finance areas, including developing strategy and methods for ongoing assessments of governance, risk, and controls.

    Develop and deliver risk-based IAS Plan for the Treasury & Finance areas.
    Lead and execute IAS projects, including:
    Develop and execute risk-based audit test programs and procedures in accordance with professional and industry standards;
    Assess key business risks and evaluate the design and operating effectiveness of related processes and controls;
    Supervise and coach IAS team members in executing their assigned audit work;
    Manage co-sourced providers.
    Developing IA methodologies, policies, and work practices;
    Evolving awareness and maturity of IAS and 3 Lines of Defense across FCU community.
    Represent IAS in various management committees and cross-functional teams.
    Support the CAE in developing materials for the Audit Committee and senior leadership.
    10+ years of professional experience in evaluating governance, risk, and controls of various business processes and functions.
    ~ Must have strong knowledge of all aspects of Treasury function, such as securitization, interest rate risk management, liquidity risk management, capital management, funding, etc.
    ~ 5+ years of experience managing, coaching, and mentoring teams.
    ~ Experienced in risk-based process auditing. Understanding of IIA standards and risk assessment practices. Must be comfortable with overseeing non-Treasury audits with support through co-source and internal resources.
    ~ Experience in OSFI or FSRA regulated organization would be an asset.
    ~ Strong relationship building skills.
    ~ Strong project management and organisation skills.
    ~ Location:
    remote with potential for occasional corporate office events

    Our emphasis on service means we're constantly searching for new team members whose dedication to helping people is as powerful as their ambition to succeed.

    We're committed to providing professional development, and to extending employee activities beyond day-to-day operations to support the communities where we're located.

    FirstOntario is proud and privileged to be able to assist and touch the lives of so many in our communities.

    We believe giving back to our communities helps everyone.
    We believe in volunteering, active community support and participation.
    We believe in investing our profits back into the credit union and the community.
    We believe in finding solutions to help our Members and communities.

    Check out our website for the full job description and prepare your cover letter and resume listing your experience, qualifications, and submit it online through our careers page on the company website.

    No phone calls please.

    FirstOntario Credit Union will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process.

    #

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