CEO Position Advert

Position: Chief Executive Officer, South Dublin Credit Union

South Dublin Credit Union is a community based financial services provider, with over 12,500 members, and assets c. €70 million, based in Stillorgan. The opportunity has arisen for a new CEO to lead our team in fulfilling its core mission of providing top-quality service to members.

Job Purpose:

Reporting to the Board of Directors, the CEO will support the board in designing and implementing its long term strategic vision. The CEO will be responsible for the implementation of policies, management of operations, risk management, compliance, performance and day-to-day administration of the Credit Union’s office and its staff, ensuring it performs and operates to the highest standards and in a compliant manner.

Main Responsibilities

• Devise strategies to continuously improve the products, services and delivery channels offered by SDCU. Lead and support the Board in devising and implementing a long-term strategy appropriate to the growth and development of the credit union
• Identify, in conjunction with the Board and Management Team, innovative opportunities for the credit union to provide new services or delivery channels for members
• Develop and present the strategic and annual business plans to the Board for approval
• Implement the strategies agreed by the Board of Directors as set out in the Strategic Plan and report to the Board periodically on progress against the plan
• Continuously support and communicate effectively with the Board and its sub-committees
• Agree and manage performance and development standards for the staff team
• Ensure a risk management culture is embedded throughout the organisation. Manage operational and other risks through the implementation of appropriate systems, procedures, internal controls, quality controls and staff management
• Adopt appropriate Operational Resilience strategies
• Ensure compliance with credit union legislation, regulations and governance requirements, and liaise with the Central Bank and other regulatory bodies as required
• Ensure that appropriate internal financial, risk, compliance and audit controls and procedures are in place (in conjunction with the Credit Union’s internal and Statutory Auditors, the Risk and Compliance functions and the senior management team)
• Oversight of lending, underwriting, arrears management and credit control functions to ensure best practice
• Prepare reports and returns as may be required by auditors, the Central Bank and other agencies or regulatory bodies
• Achieve lending growth through appropriate marketing strategies and initiatives
• Manage the investment portfolio; ensure adequate liquidity; match best practice asset/liability maturity management practices
• Review and analyse monthly management accounts, lending statistics, statutory accounts, financial projections and provide sound financial analysis, advice and recommendations
• Manage key external relationships and represent the credit union with regulatory authorities, our umbrella body, service providers, other credit unions and our local community
• Devise strategies to support a ‘Green’ agenda, and a reduction in the credit union’s carbon footprint

Competencies Required

We are looking for a person with an established and proven track record of success either within a similar role, or as deputy to a CEO, or in a senior leadership position within the credit union or broader financial services sector. Candidates should have:

• A relevant Degree (minimum level 8), or Professional Qualification (e.g., ACA, ACCA, CIMA)
• A Central Bank Minimum Competency Qualification, e.g., QFA and/or other suitable qualification in financial services, credit unions, management, business, law, finance, risk, or compliance
• Strong understanding of credit union regulations and the co-operative ethos
• Excellent team leadership and motivational skills and a commitment to supporting staff colleagues and volunteers in reaching their full potential
• Strong presentation, communication, written reporting and interpersonal skills
• Loan underwriting experience
• Financial and budgeting skills and business acumen
• A member focus, with an emphasis on delivery and growth
• IT skills and knowledge of technology development

This role is subject to the Central Bank Fitness and Probity Regime and is a Pre-Approval Control Function

How to Apply:

Please apply by email to Michael@engagepeople.ie by 12^th July 2024

Short listing will apply and assessment will be based on information provided in the application.

Canvassing will disqualify.

Remuneration will be competitive, commensurate with experience and qualifications.

As an equal opportunity employer, SDCU is proud to support a diverse and inclusive workplace.

South Dublin CU is regulated by the Central Bank of Ireland.