Call For Nominations, Director, Board of Directors – Three Year Term

Credit Union Deposit Guarantee Corporation; Saskatchewan; On-site; CAD 125,000 - 150,000; Full time

Job summary

A provincial regulatory body for financial institutions in Saskatchewan is seeking candidates for a board position. Board members will oversee governance, provide strategic direction, and uphold regulatory standards. Ideal candidates possess governance and financial expertise, integrity, and a commitment to collaboration. This is a notable opportunity for those with knowledge of the credit union sector and a dedication to ethical leadership. Applications are open until October 7, 2025.

Qualifications

• Candidates must possess the identified competencies for the board.
• Knowledge of credit unions, finances, and regulatory responsibilities is preferred.
• Candidates must show integrity and the ability to commit time to board responsibilities.

Responsibilities

• Provide oversight, strategic direction, and governance for the Corporation.
• Assess candidates against the competency needs of the board.
• Engage in teamwork and effective dialogue with stakeholders.

Skills

Knowledge of credit unions and cooperatives

Financial literacy/financial acumen

Governance and ethics

Risk management

Strategic planning/thinking

Regulatory roles and legislation

Human resources

Information technology

Audit function

Investment oversight

Legal background

Active participation

Open-mindedness

Flexibility/adaptability

Teamwork and partnering

Commitment to learning and development

Job description

Overview

Credit Union Deposit Guarantee Corporation (the Corporation) is the deposit guarantor and primary regulator for Saskatchewan provincially regulated credit unions and SaskCentral (together, Provincially Regulated Financial Institutions or PRFIs). The Corporation instills confidence in the province’s credit union system with a mandate of:

• guaranteeing the repayment of deposits in Saskatchewan credit unions
• establishing regulatory standards and ensuring PRFIs are performing to those standards
• promoting responsible governance by PRFIs, and contributing to the strength and stability of the credit union system
• directing PRFIs to take action on material deficiencies, and any issue that may put depositors’ funds at risk
• maintaining and managing a guarantee fund in a sound and prudent manner

The selection committee is now seeking a candidate for the Corporation’s board of directors. The board is responsible for the governance of the Corporation and is responsible for providing oversight, strategic direction, planning and vision, and developing and implementing corporate policy.

The committee will assess the candidates against the competency-based needs of the board. Board members are selected based on the particular skill set/expertise currently needed to support the board. By implementing a competency-based approach, the Corporation is able to make effective use of intellectual capital in the decision-making processes.

Qualifications

The ideal candidate will meet the competencies identified by the board and have a combination of diverse skills, knowledge, experience, education, and personal attributes. A candidate may only apply one year after they are no longer employed by the Saskatchewan provincial government, a credit union, or SaskCentral. The committee is seeking candidates who possess a combination of the following attributes:

Knowledge and experience are sought in two competency categories:

• Industry/Technical – Knowledge of credit unions and cooperatives; Financial literacy/financial acumen; Governance and ethics; Risk management; Strategic planning/thinking; Regulatory roles and legislation; Human resources; Information technology; Audit function; Investment oversight; Legal background in a relevant field
• Function/Dynamics – Active participation; Open minded; Flexibility/adaptability to change; Teamwork and partnering; Knowledge of governance and board/role; Commitment to “speak with one voice”; Commitment to CUDGC values and ethics; Trust and relationship building; Consensus building/reasoned debate; Ability to effectively work/connect with management; Public relations/speaking; Change management

Personal Attributes – Integrity/ethics; Ability to commit time required; Commitment to learning and development; Ability to engage in healthy dialogue; Leadership; Initiative; Values fit

One position on the board (three-year term) is required to be filled at this time. Knowledge of credit unions or co-operatives, financial industry, or regulatory roles and responsibilities would be an asset. Preference is given to current or former residents of Saskatchewan. The Corporation believes that the unique skills and experience of each individual are valuable and that diversity and inclusiveness benefits the board. Diversity of board composition is a consideration.

To learn more about the Corporation or to apply as a candidate, please refer to our website: https://www.cudgc.sk.ca

Please email a resume and cover letter to be screened for our initial criteria by Tuesday, September 30, 2025 to [e-mail]. If qualified, you will receive a candidate package. Only those passing the initial criteria will be contacted. Please submit the completed candidate package by 4:00 p.m. CST on Tuesday, October 7, 2025.

A complete package consists of the following:

• Conflict of Interest Disclosure Statement
• Director Candidate Guide

For any questions regarding the Corporation’s board or the application process, please email: Deanna Bergbusch, Vice-President, Corporate Operations at [e-mail] or Cory Stephen, CEO, at [e-mail]. Only those selected for interviews will be contacted directly. We thank all applicants for their interest.