Director, Board of Directors

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

Job summary

A regulatory body for credit unions is seeking a board member with a strong background in governance and financial oversight. Responsibilities include providing strategic direction and implementing corporate policies. Candidates should possess diverse skills in financial literacy and risk management. This position requires a commitment to ethics and community engagement, with preference given to residents of Saskatchewan. Interested applicants should submit a resume and cover letter by September 30, 2025.

Qualifications

• Experience with governance and board roles.
• Commitment to learning and development.
• Ability to engage in healthy dialogue.

Responsibilities

• Provide oversight and strategic direction for the Corporation.
• Implement corporate policy and governance practices.
• Contribute to the overall strength and stability of the credit union system.

Skills

Knowledge of credit unions and co-operatives

Active participation

Financial industry knowledge

Financial literacy/financial acumen

Governance and ethics

Risk management

Strategic planning/thinking

Job description

Overview

Company 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.

Competency-based selection

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

How to apply

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].