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dawn.kennedy@cuda.ie

Vacancy – Community Credit Union – CEO

By | Job Vacancy, News

Role Profile

Title:                            Chief Executive Officer (“CEO”)

Reporting to:               Board of Directors

Contract Type:            1 Year Fixed Term Contract

The Opportunity

Community Credit Union Limited (“CCU”) was formed in 2010 through the merger of Clonsilla and Premier Credit Unions. Following this merger and a subsequent merger with West Cabra Credit Union in 2015, the credit union now has a membership base of 41,000 and total assets in excess of €120m.  The Credit Union has four offices in West Dublin with its main office on the Navan Road, Dublin 7.

We have an immediate vacancy for a proactive and self-motivated CEO.

The CEO will have responsibility for the day-to-day management of the credit union’s operations, compliance and performance and shall be responsible to the Board of Directors (“the Board”) for the performance of his or her functions, and of staff in the discharge of their duties.

The position is a Pre-approved Controlled Function for Fitness and Probity under the Central Bank Reform Act 2010 (Sections 20 & 22 – Credit Unions) Regulations 2013.

Reporting to the Board, the CEO will be responsible for:

  • The preparation and proposal to the Board for debate, scrutiny and approval, strategies for the Strategic Plan that the Board are required to prepare and approve under current legislation.
  • Implementing the strategies agreed by the Board to the standards set out in the strategic plan or as otherwise required by the Board.
  • The proposal of policies for consideration by the Board, ensuring implementation of agreed policies and procedures.
  • Reporting to the Board at each meeting and keeping the Board informed of all matters relevant to its role, and advice to the Chairman on all relevant matters arising between Board meetings.
  • Supporting the Board in the discharge of its role and functions.
  • Providing overall direction and leadership in the management and development of the credit union and an effective working environment for employees.
  • Appointing persons as employees as the CEO considers appropriate for the proper functioning of the credit union in consultation with the management team.
  • Proposing for Board approval plans in relation to the recruitment, numbers, training, remuneration and conditions of service of staff.
  • The monitoring, review and oversight of the performance of staff reporting directly to the CEO.
  • Ensuring the existence of policy guidelines for operational areas setting out authority, responsibility and accountability as appropriate to various levels of staff across the credit union.
  • Setting targets for all key business operations in line with Board policy.
  • Ensuring the credit union operations provide excellent customer services to Members and to engage with Members to discuss issues, as appropriate.
  • Representing the credit union in business relations with stakeholders and engage with staff, external service providers, partners and other Credit Unions where necessary.
  • Undertaking other reasonable duties as may be directed by the Board from time to time.

Qualifications & Knowledge

The successful candidate will be an ambitious individual with the following experience and qualifications:

  • A degree or equivalent professional qualification in Risk, Finance, Accounting or management, Business, or related field.
  • Minimum of four years previous experience in a Credit Union or similar Financial Institution at management level.
  • An understanding of the credit union ethos and operating culture.
  • Business acumen and effective financial control.
  • Demonstrate strong analytical and problem-solving skills, resilience and sound judgement in addition to dynamic financial management and governance skills.
  • Good technical skills with an understanding of the regulatory environment for credit unions.
  • Excellent verbal and written communication skills.

Applications quoting reference CEO01 including CV and cover letter by email only should be addressed to:         Nadine.halligan@communitycu.ie

Remuneration will be commensurate with relevant experience.

Our Recruitment Privacy Notice is available in the download section of our website www.communitycu.ie

Closing date for receipt of applications is 5pm on 09 April 2020.

Short listing may apply and assessment will be completed on the basis of the information provided in the application.

Community Credit Union Limited is an Equal Opportunities Employer.

Community Credit Union Limited is regulated by the Central Bank

Update on COVID-19 stakeholder activity

By | COVID-19, Owner Members

As previously reported, we are part of a stakeholder group, chaired by the Dept. of Finance and meeting weekly. This is a quick email is to keep you updated on a number of representation issues and topics in discussion following the Government’s decision to allocate credit unions as essential retail outlets, and resulting in credit union staff being deemed essential workers to travel to and from the workplace.

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Chief Financial Officer – Bray Credit Union

By | Job Vacancy, News

Bray Credit Union Ltd.

is now inviting applications for the following position

Chief Financial Officer (BCU CFO 2020)

Bray Credit Union is a progressive, modern financial services provider, with over 24,000 members.  We are based in Bray and boast total assets of €131 million.  Bray Credit Union prides itself on being at the heart of the community.  Our core value is to serve our members and the community, whilst striving to maintain the highest professional standards.  A unique opportunity has arisen within Bray Credit Union to provide direction and leadership towards the achievement of this vision.

Principal responsibilities of the Role

The Chief Financial Officer (CFO) will report to the CEO and the Board and will have overall responsibility for the delivery of timely and accurate financial management reporting.  The CFO will support the development and execution of the Credit Union’s Finance Strategy and ensure alignment with the overall objectives of the Strategic Plan.  In addition, the CFO will implement effective processes and controls to accurately measure and report financial performance and review all financial reports ensuring that underlying processes, review and controls have been completed in accordance with best practice and regulatory requirements and that the appropriate supporting detail is in place to substantiate the final balances.

Key Responsibilities

  • Overseeing the management and co-ordination of all internal and external financial reporting, including the consolidation of monthly management accounts and central bank reporting.
  • Responsible for preparing and monitoring monthly and annual budgets.
  • Responsibility for Payroll and ancillary products.
  • Overall management of Bank Reconciliations and investment strategies.
  • Overall responsibility for Controls and Compliance in Accounts, EFT and cash offices, ensuring that all statutory requirements are met.
  • Responsible for budgetary control and forecasting.
  • Review of investments, including portfolio decision making with the CEO, Board and external bodies.
  • Responsible for the preparation of financial information for the Board and committees.
  • Support the CEO by providing analysis of financial information, with the provision of ad hoc reports that will lead to new business initiatives.
  • Undertake such other duties as may be delegated by the CEO and Board of Directors from time to time.

The successful candidate should have the following attributes

  • Strong on financial analysis with a good understanding of Credit Union rules & regulations.
  • Ability to plan budgets and oversee budget implementation.
  • Excellent report writing, presentation skills, administrative, organisational and business support skills.
  • Ability to multi-task and work calmly under pressure.
  • Ability to adapt to differing requirements and prioritise information needs.
  • Attention to detail and good judgement showing logical decision making and a hands-on approach to tasks.
  • Change management orientated.

Required Experience and Qualifications:

  • 5 years’ experience working in the financial sector or equivalent with a proven track record of managing staff.
  • ACA, CIMA or ACCA qualified or similar qualifications.
  • This role is a Central Bank Pre-Approved Control Function and is subject to Fitness and Probity obligations.

Applicants should state clearly the position they are applying for by quoting the reference BCU CFO 2020

Applications including CV by email only addressed to: recruit@pinta.ie

Closing Date for receipt of applications is Friday 17th April 2020

Short listing may apply and assessment will be done on the basis of the information provided in the application.

Bray Credit Union Ltd is an Equal Opportunities Employer

Member communication support for CEO’s

By | COVID-19, Owner Members

Many thanks to all who joined the conference call this afternoon where Peter Mitchell, Business Talk, provided us with helpful advice, best practices and tips. Peter spoke of having key messages, express understanding, important factors around crisis communications, what to do next, how to deal with worries and threats, and finally how to perform in a local Radio Interview. The following is a summary of the points covered by Peter:

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