Board of Directors Opportunity

Board of Directors Opportunity

About Opportunity

Det’on Cho Corporation seeks candidates for its Board of Directors. Directors support informed decisions on the Corporation’s economic well-being and participate in governance in line with legislation, bylaws, mandate, mission, policies, and procedures.

The Board acts collectively. Individual Directors may only act on behalf of the Board if delegated through Board policy or formal resolutions.

Number of vacancies: 1

Location and meeting format: Yellowknife, Northwest Territories

Term of appointment: 4 years

Time commitment: Quarterly meetings (four per year), with additional meetings as needed for committees, budgeting, and audits.

Honorarium and travel arrangements: As per Board Policy

Key Responsibilities of the Board

As a Board member, you will share the following collective responsibilities:

• Make legal, informed decisions concerning the Corporation’s economic well-being in consideration of the Canada Business Corporations Act and the Corporation’s bylaws, mandate, mission, policies and procedures.
• Select the Officers of the Board, including the Chair, Vice-Chair and Secretary.
• Oversee the President/CEO, including hiring, performance evaluation, and removal if necessary. The President/CEO manages all other staff and contractors; the Board addresses staff or contractor concerns through the President/CEO.
• Review and amend the Corporation’s policies and procedures as needed, in accordance with the Bylaws and Canada Business Corporations Act.
• Make decisions on the Strategic and Business Plan, including the annual budget and proposed organizational changes.
• Make decisions on proposals for new business ventures set out in the Strategic and Business Plan and in accordance with Policy 1.28 – Investment Policy.
• Review and approve or reject financing and borrowing proposals.
• Evaluate the Corporation’s performance at least annually.
• Report to the Shareholder and keep the Shareholder informed as required by the Corporation’s Bylaws, policies and procedures.

Individual Director Expectations

• Attend, prepare for, and actively participate in Board meetings and required activities. Notify the Chair or President/CEO if you are unable to attend a meeting.
• Review agendas, minutes and other documentation provided by the Chair or President/CEO before Board meetings.
• Submit proposed agenda items to the Chair or President/CEO as appropriate. The Chair has final approval of Board meeting agendas.
• Be prepared to vote on Board decisions.
• Serve on committees, act as Committee Chair, and present to the Board on a committee’s behalf when requested by the Chair or Board.
• Bring issues and concerns to the Board, including concerns from YKDFN Members about staff or Corporation operations, while respecting the President/CEO’s responsibility for staff and contractors.
• Submit relevant financial records, including honorarium and travel forms, to the Chair or President/CEO in an organized and timely manner.
• Follow Policy 1.05 Code of Ethics and Policy 1.06 Confidentiality.
• Declare any potential conflict of interest to the Chair as quickly as possible in accordance with Policy 1.07 – Conflict of Interest.
• Complete tasks requested by the Chair or Board.

What You Will Bring

This role requires:

• Sound judgment and a commitment to legal, informed and collective decision-making.
• Ability to review strategic plans, budgets, business proposals, and financing matters.
• Commitment to meeting preparation, active participation, and committee service.
• Respect for ethical conduct, confidentiality, conflict-of-interest disclosure, and the boundaries between Board and President/CEO responsibilities.
• Willingness to raise relevant concerns and support the Board’s accountability to the Shareholder.

Eligibility and appointment requirements:

• Financial Literacy: Ability to interpret complex financial statements, audits, risk management profiles and environmental sustainability, regulations, and legal affairs.
• Diversity & Inclusion: Demonstrated commitment to fostering a diverse board and organizational culture that reflects the communities we serve.
• Previous Board Experience: Prior experience with corporate, public, or non-profit governance is highly preferred.
• Must be a Yellowknives Dene First Nation Member

How to Apply

Interested candidates are invited to apply at www.detoncho.com.

In your application, please describe how your experience and interests align with the Board responsibilities and Director expectations outlined above.

CLOSING DATE: Open Until Filled

Priority Statement:We are committed to building a diverse and inclusive workplace where all employees feel valued and supported. We encourage applications from all individuals who meet the qualifications of the role. First preference shall be given to qualified individuals who identify as Yellowknives Dene First Nation, with those who identify as Indigenous (First Nations, Métis, and Inuit) also prioritized.