Vice-President, Finance and Risk (5088)

Job Posting

Vice-President, Finance and Risk
Organization:  LAPP Corporation
Province:  Alberta
Location:  Edmonton

The Local Authorities Pension Plan (LAPP) has a proud 57+ year history of providing stable and secure pensions to workers in Alberta’s health care, municipal and education sectors. With over 265,000 members and assets in excess of C$48 billion, LAPP is one of Canada’s leading pension plans and a model for success in today’s complex pension landscape.

March 1, 2019 ushered in a new and exciting chapter in the Plan’s history, as LAPP became a jointly sponsored pension plan, independent of government. The Plan operates under a new governance structure, built on equal representation from LAPP’s contributing members and employers. It features two new boards and an innovative, evolving Corporation, which together guide the Plan into a promising future for all stakeholders.

The LAPP Sponsor Board sets the design and high-level direction for the Plan, while the LAPP Corporation Board of Directors provides oversight and high-level direction for the Corporation. LAPP Corporation acts as trustee and administrator of LAPP, provides supports to both Boards and is responsible for managing the Plan in the best interests of its members.

LAPP Corporation is also responsible for overseeing the work of service providers for the Plan to ensure the delivery of pension benefits and the long-term sustainability of the Plan.

LAPP Corporation is led by an executive team made up of experts skilled in all facets of running a large multi-sector pension plan, including risk management, investments, funding management, pension law, pension policy, stakeholder relations and communications.

If you are a visionary leader who is looking for exciting opportunities to join a proactive, pioneering and energetic team, consider the possibilities with LAPP Corporation. Stay at the forefront of your career and ensure you are Always a LAPP Ahead!

The Opportunity

Reporting to the President & CEO, the Vice-President, Finance and Risk (VP) leads:

the development and implementation of financial reporting and controls of the Local Authorities Pension Plan (LAPP) and LAPP Corporation (Corporation), and
the ongoing development of LAPP’s risk appetite within the context of LAPP’s enterprise-wide risk management framework.

Primary areas of responsibility for the VP include building out the “finance and risk” function and providing leadership, direction and management of the finance and accounting team; overseeing the processes for financial forecasting and budgeting; overseeing the preparation of all financial reporting, and coordinating the audit of LAPP and the Corporation; and, leading LAPP’s enterprise-wide risk management processes.

The VP is a key member of the executive team and provides advice and guidance to the Boards, CEO and other team members, and participates in strategic planning with the executive team and Boards.


Qualifications & Education Requirements

A bachelor’s degree in accounting, finance or economics or related discipline.
A minimum of 10 years of progressively responsible experience in financial management and/or risk management.
A minimum of five years of experience in a pension plan environment is required.
CPA designation.
A postgraduate degree in business (MBA) is desirable.