The Vice President, Risk & Compliance is a member of the Executive team and is responsible for overseeing the credit union’s risk management programs and ensuring that all procedures, protocols, and strategies are implemented to protect the credit union and its assets. The VP leads the Enterprise Risk Management (ERM) program and is the Chief Anti-Money Laundering Officer (CAMLO). The VP is also responsible for the credit union’s Anti-Money Laundering program, fraud prevention, Credit Risk Management, Vendor Management and Contracts, Compliance, Insurance and Policy review.

Responsible for day to day management of Retail’s Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) program including supervisory oversight across Canadian banking retail, working closely with Business Unit AML representatives. Led the implementation and ongoing sustainment of AML & ATF compliance by helping the retail business to design, implement, monitor and report on controls over regulatory risk. Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.Accomplishments:• Develop and execute a risk-based new initiatives/project procedure to identify and mitigate AML/ATF and Sanctions risks across Canadian banking retail.• Design and execute an operating model for the Retail AML/ATF group to articulate roles and responsibilities.

Responsible for providing strong leadership, coaching and project management to teams of auditors in executing business, functional and integrated end to end risk-based audits to enhance the efficiency and effectiveness of the bank’s regulatory, financial and operational systems.Accomplishments:• Develop and execute risk-based audit programs to evaluate the design, operating effectiveness and efficiency of operational and regulatory controls and processes to mitigate risks. • Collaborate with business units’ Senior Management on process changes and other new business ventures to ensure appropriate controls (operational and financial) are effectively designed and implemented.

Responsible for providing Management leadership and oversight for the organization’s regulatory framework to ensure compliance (AML, AODA, Privacy, FATCA, CASL) and oversee the Internal Audit and Enterprise Risk Management functions. As the Compliance Officer and Deputy Privacy Officer identified and monitored emerging or changing regulatory requirements along with any business changes to ensure the organization’s Legislative Compliance Systems were current and effective. Accomplishments:• Successfully developed and implemented an ERM framework and structure including policies, procedures, snapshot reports identifying the significant risks and key risk indicators (KRI's) to simplify reporting for the Board of Directors.• Established operating procedures in compliance with regulatory changes and Board risk tolerance that resulted in fully mitigating any regulatory or legal risks. There were no breaches or regulatory issues for the organization.

Responsible to draft Credit Risk Policy for 23 Caribbean and Central American countries; participated in the research/development and implementation of new credit risk and collection policies and strategies; reviewing credit quality and lending risks to confirm the implementation of processes to mitigate financial risks.Accomplishments: • Continuously kept abreast of a rapidly changing financial environment in the Caribbean and Central American countries through ongoing research/development and drafted key policies/procedures to mitigate risks.

Responsible for providing effective leadership as a subject matter expert to the lending team, collaborating with Senior Management to identify, evaluate, design and implement operational and credit risk processes and systems and ensuring that lending policies, procedures and documentation were compliant with banking legislation, regulation and corporate standards. Accomplishments:• Within 3 months of hire successfully led and executed the project to establish the Lending department of the new Schedule 1 bank. First RRSP season March 2007 had $9M in loans resulting in the recognition from other financial institutions that Dundee Bank of Canada had become a key competitor.• Successfully created and developed new work-flow processes to streamline efficiencies.

Responsible to ensure that the objectives of the organization were met by identifying and analyzing the needs of high net worth clients in order to provide them with the appropriate products, services and customized solutions for their financial needs. Accomplishments:• Successfully built relationships with high net worth clients, providing exceptional customer value and satisfaction through effective long-term financial strategies, persuasive communication, insight and flexibility resulting in the clients and ultimately the organization achieving their short and long-term goals.

Responsible to analyze risk profile and financial statements of clients to determine credit worthiness for timely credit adjudication and for auditing and monitoring the branches compliance with credit policies, standards and processes. Accomplishments:• Developed comprehensive quarterly report and a process for ensuring that the financial status of the Credit Union could be easily understood by the Board of Directors.

Responsible to lead the growth, restructuring, and reorganization of the Credit Union including the research and development of credit and operational risk policies for approval of the Board of Directors and ensuring compliance with industry guidelines and standards.Accomplishments:• Successfully completed the restructuring and reorganization of the Credit Union from date of hire resulting in a 30% increase in new business with the first 8 months of employment.

Responsible to adjudicate Retail and Small Business lending.Accomplishments:• Achieved success in improving back office operations through internal audits and implementing best practices in lending.