Carl Lamoureux

Carl oversees the advancement of risk management practices at First West Credit Union. This involves leading First West’s enterprise-wide risk management framework and strategy, monitoring for and identifying current and emerging risks, and fostering a strong risk culture across the organization. His extensive background in credit risk and regulatory compliance with prominent financial institutions across Canada, coupled with experience leading multi-faceted initiatives, informs his leadership on risk issues at First West.

While Carl influences and collaborates with all areas of the business, he leads a team of skilled professionals that is responsible for the independent and objective oversight of all risks at First West. Regarded as a calm and pragmatic communicator, he expertly pilots his team in their focus on managing the long-term health and sustainability of the credit union for the prosperity of its members.

Prior to joining First West, Carl led at Manulife Bank as Chief Risk Officer for four years following a tenure as Head of Retail Credit Risk Management at National Bank. In both positions, Carl played an integral role in leading risk transformation and change management initiatives, acting as a key decision-maker in OSFI compliance matters.

Carl holds an MBA in Finance & Strategy from HEC Montréal. He also earned a Bachelor of Mechanical Engineering from École Polytechnique in Montréal—which he put to good use at Bombardier, where he worked as an aerospace engineer and a Six Sigma Black Belt before transitioning into the banking industry.

Since 2013 Carl has been a board member of the Credit Scoring & Risk Strategy Association, a not-for-profit devoted to the advancement of consumer and small business lending.