About Us

We are a credit card issuer dedicated to serving mid-sized financial institutions and their customers.

New Chief Growth Officer – Michel Iorio

Michel Iorio has been promoted from Head of Growth to Collabria’s Chief Growth Officer

September 15, 2022 - It brings me great pleasure to announce a recent change in the make up of Collabria’s Executive Leadership Team. Effective immediately, Michel Iorio has been promoted from Head of Growth to Collabria’s Chief Growth Officer.

Michel joined Collabria in January 2020 as Head of Client Services, co-leading the team of Relationship Managers with Jocelyn Fournier. Since that time, Michel has collaborated across departments and alongside partners to drive cardholder sales, retention, and top-of-wallet status. Michel’s leadership will continue to support and accelerate partner success and this leadership change signals a key evolutionary progression as Collabria moves to a stronger focus on growth opportunities.

Prior to his role at Collabria, Michel worked Mastercard in account management and consulting, managing strategic relationships for the network. Michel’s leadership in the payment sector was also developed during his time at American Express, he quickly rose through the ranks in various roles in sales, marketing, account management where his financial acumen and creativity grew the brands' Commercial card presence in Canada and internationally.

As Michel transitions into his new role, he’ll continue to work with partners to foster areas of opportunity.


Jean-Marc Handfield

Chief Executive Officer, Collabria

Our Story

Collabria Financial was established in 2015 to fulfill a significant need in the Canadian credit card market – a credit card issuer dedicated to serving mid-sized financial institutions and their customers. With this gap in the market being identified, forward-thinking credit unions, including Desjardins, set forth to create Collabria.

From the beginning, when Collabria was just an idea, every aspect of our formation was designed to offer a competitive and compelling credit card program on behalf of mid-sized banks and credit unions. By operating as a subsidiary of Desjardins, we benefit from the strength and experience of one of Canada's oldest financial institutions, driven by its cooperative values for over 120 years, while separating the unique needs of B2B2C clients from Desjardins’ self-issued card portfolio.

Today, Collabria serves over 97% of all credit unions in Canada, Schedule I banks and other financial providers. Collabria combines flexibility for financial institutions with the scale and expertise needed to deliver an increasingly complex product in a highly competitive market.

Our Owners

Collabria’s unique ecosystem benefits from the partnership of Desjardins and Co-op Solutions. Both Desjardins and Co-op are cooperative financial institutions owned by their member organizations.

Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $389.3 billion. In  2020 it was ranked as one of the world’s Top 100 Employers by Forbes magazine. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world’s strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and credit ratings in the industry.

Co-op Solutions is a global provider of technology and payments solutions for credit unions. Processing over 7 billion transactions annually, Co-op is one of North America's largest card processors.

Our Commitment To Social Responsibility

As a subsidiary of Desjardins, Collabria is backed by the strength of a collective group moving towards a more human economy and sustainable community development.

In order to meet the needs of our cardholders and clients, Collabria includes social, environmental, and governance issues in our strategic planning and is a key focus in the relationships with our partners.

Learn more

Our Leadership Team

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Jean-Marc Handfield
Chief Executive Officer

Jean-Marc is a dynamic, seasoned strategist with over 15 years of results-driven leadership in the Canadian credit union financial sector.

Prior to joining Collabria, Jean-Marc held a series of senior executive roles, including Vice President of Payment Solutions and Vice President of Community Member Service at Vancity.

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Nita Powers
Chief Client Experience Officer

Nita is a card program enthusiast who works to find the win-win relationship that delivers value to customers/members, generates revenue, and brings client strategies to life.

Nita’s payment industry experience includes both issuing and acquiring, loyalty programs, product management, emerging solutions, and includes both Canadian and international experiences including over a decade within Canada’s mid-market.

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Michel Iorio
Chief Growth Officer

Michel is a true change agent whose passion for delivering results and inspired leadership has driven growth and success since beginning his journey with Collabria in January 2020 as Head of Client Services. With an inherent focus and energy primed to build upon momentum, Michel has championed transformation through insightful, client-centric collaboration.

Prior to his role at Collabria, Michel worked with Mastercard in account management and consulting, managing strategic relationships for the network. Michel’s leadership in the payment sector was also developed during his time at American Express. 

Chad Schultz
Chad Schultz
Chief Operating Officer

Chad is an energetic and effective leader, who believes that "good enough" is never good enough. Believer in people and their ability to achieve their potential through ensuring that well-being and integrity are supported by inspiration and curiosity.

Chad brings 15+ years of broad experience in financial services, telecommunications, and insurance. He excels in organizations that have a mandate to change and has the ability to bring structure and calm to chaotic situations, mobilizing people toward a common goal and facilitating success. He is passionate about the opportunities created through digital technologies, having expertise in launching credit card platforms, digital payments and related technologies.

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Chantal Lussier
Chief Financial Officer

Chantal has over 25 years of experience building and leading finance teams. She began her career with Desjardins and spent several years in finance and operating roles. Chantal has participated in the implementation of various projects and new activities.

Before working with Collabria, Chantal led a finance team in charge of the credit card activities for Desjardins. This has allowed her to develop an in-depth knowledge of the credit card business.

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Serge Léger
Chief Marketing Officer

Prior to joining Collabria, Serge was Vice President Marketing & Member Innovation at Prospera Credit Union. Serge brings 20+ years of broad financial services experience while working with large national and international banks in the areas of business planning & development, personal banking, wealth management, corporate strategy, finance and operations.

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Isabelle Clements
Organizational Development Strategist

Isabelle Clements is a seasoned creative, energetic and strength-based Organizational Development professional with over two decades of diverse and global Human Resources & Organizational Development experience. She has extensive consulting experience with Credit Unions and other values-based organizations, in addition to a solid corporate background as Senior Leader of the North American Learning and Development Team and Global HR Director of the Customer Support division of a global Technology Company. Isabelle has acquired significant Organizational Development experience in the context of Mergers and Acquisitions in both the Technology and Airline industries.

Claudia Jomphe
Doug Macdonald
Chief Strategy Officer

For over two decades Doug has worked with Canada's financial services industry to make it more competitive. Doug brings the lessons learned working with global financial institutions, large domestic banks, payment networks and technology providers to our payments and mid-market banking industries.

Prior to joining Collabria, Doug served as a senior leader in Deloitte's strategy consulting practice and as a partner and credit union consulting leader at MNP, Canada's largest domestic professional services firm.

Claudia Jomphe
Claudia Jomphe
Chief Risk Officer

With a degree in finance and in financial planning, Claudia has been working in the banking industry for over 25 years. After holding various positions for different financial institutions, from business development to marketing, Claudia joined Desjardins in 2014 to contribute to various projects surrounding risk management, a field in which Claudia has accumulated over 15 years of experience.

Her mandate as Chief Risk Officer for Collabria is to ensure adequate risk governance and the proper functioning of risk measurement and monitoring systems for Collabria. A manager for over 12 years, Claudia enjoys building teams and contributing to the evolution and development of people.

Collabria Careers

Realize your full potential with our growing client-focused team, backed by the strength of Canada's largest cooperative financial institution.

Ready for your next challenge?

Collabria offers rewarding careers in the following functions:

  • Marketing & Product
  • Relationship Management
  • Operations
  • Finance
  • Risk & Compliance

Why Collabria?

Join an organization that gives you the support you need to achieve your professional goals through:

  • Hybrid work
  • Competitive salary
  • Annual bonus based on the organization’s performance
  • Professional development and mentoring
  • Reimbursement of physical and mental health expenses
  • Competitive compensation package, including participation in Desjardins’ exceptional support and benefits

Browse openings

Collabria is proud to offer rewarding careers from coast to coast. With business and operational centres in Burnaby, Calgary, Winnipeg, Toronto and Montreal, and mobile relationship management teams across the country, many of our positions can be performed from any location in Canada.

Let's Talk

​Want to learn more about our services for financial institutions?

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