About Us Carrick-on-Suir Credit Union is a not for profit, community-based credit union, with an asset size of €75 million, dedicated to serving its 11,000 members with integrity and purpose. We are delighted to invite applicants for the full-time, permanent role of Finance Manager. This is an exciting opportunity for an ambitious individual to play a key leadership role in shaping the future of Carrick-on-Suir Credit Union. The role is open to hybrid working arrangements. The Role The Finance Manager will report directly to the CEO of Carrick-on-Suir Credit Union and will have overall responsibility for the delivery of timely and accurate financial and management reporting. The role will support the CEO in the development and execution of the credit union’s Finance Strategy and ensure alignment with the overall objectives of the strategic plan. Credit Control and Compliance oversight will be carried out by the Finance Manager, acting as a support to the teams in the optimal day-to-day operation of the functions. This role will be an integral part of the senior management team, deputizing for the CEO in their absence, and managing best-in-class functions, to meet the current and future needs of the credit union, ensuring its long-term financial sustainability and value proposition to members. Key Responsibilities Financial Management Preparation of financial and management accounts and oversight of all elements of the Finance function. Preparation of annual budgets and cash flow forecasts. Maintaining bank reconciliations, nominal ledger, investment ledger and accounts payable. Preparation of payroll and returns to Revenue Commissioners. Preparation for internal and external audits. Assist in preparation of statutory returns and ensure regulatory compliance. Ensure that processes and procedures for the finance function are documented and easily understood, developing accounting procedures appropriate for the credit union’s business needs and communicating them across the organisation. Ensure adequate systems and controls are in place and ensure that risks are appropriately mitigated, inclusive of establishing and maintaining expenditure controls consistent with value for money and value for members. Prepare, analyse and interpret the financial performance of the credit union as a precursor to strengthening it. Provide support to the CEO in discharging obligations under the Credit Union Act. Ensure that the Board and its Committees have access to performance indicators regarding key aspects of the credit union’s business affairs. Preparation of cost benefit analysis for all significant resource allocation. Devise project reporting protocols and formats for ad hoc projects undertaken by the credit union. Credit Control Ensure that there is appropriate oversight over the Credit Control function of the credit union. Oversee the weekly review of accounts on relevant arrears listing, as carried out by delegated staff member. Oversee subsequent communication to members by letter and telephone. Conduct identical procedure with regards to written-down loans. Provision of necessary information and documentation to facilitate the legal process and accurately complete and furnish all legal documentation as requested by solicitor. Court attendance where required. Drafting credit control reports as requested by the CEO. Restructuring of member’s loans, where required by the CEO. Risk & Compliance Ensure there is appropriate oversight over the Risk & Compliance function of the credit union, supporting the AML Officer and liaising with the credit union’s external Risk Management Officer and Data Protection Officer. Oversee the Risk & Compliance function to ensure the credit union is adhering fully to the requirements of legislation, regulation, and Central Bank directives in these areas. Develop plans to support the Board and the Executive in all cases of Risk & Compliance non-adherence, to correct the exposure and to avoid future risk in key areas such as credit, health and safety, insurance, fraud, liquidity, and operational processes. Develop a culture of compliance, promoting the implementation of legislation and best practice across all areas of the credit union, enabling the credit union to meet its requirements under the Credit Union Act 1997 (as amended), Data Protection Act 2018, as well as guidance under the Credit Union Handbook. Organise and facilitate training and collaboration across all teams regarding Risk & Compliance standards and address queries concerning any of the function’s procedures and processes. People Management Direct the daily operations of the Finance, Credit Control and Compliance functions, analysing processes, tasks, costs, establishing priorities, developing and reaching high standards of work and performance targets, setting and reaching tight deadlines, and ensuring the departments run efficiently and effectively and the people operate as a cohesive team. Implement and monitor the credit union’s performance management process and system for team members within Finance, Credit Control and Compliance, monitoring the performance of team members in line with agreed KPI’s and metrics. Effectively coach and manage team members as part of the performance assessment process, including regular reviews and personal development discussions. Assist in recruitment and selection process for new team members. Regularly communicate and keep team members up to date in terms of all key policies, through the planning and implementation of regular training, that is recorded and kept on file. Senior Management Team Deputise for the CEO in their absence. Provide decision making support to the CEO and Board of Directors; supporting the CEO with relevant, accurate, timely and useful information that assists in the performance management of the business. Generate detailed monthly reports to CEO & Board of Directors. Provide oversight, support and guidance to the Finance, Credit Control and Compliance functions of the credit union. Continuously act as a role model leader demonstrating the highest standards of professionalism, behaviour, ethical management, integrity and honesty. Convene, attend and contribute to meetings of such committees as may be directed by the CEO and the Board of Directors. Prepare, document and maintain procedures and policies relevant to the functions of the role, ensuring adequate systems and controls are in place and risks are appropriately mitigated. Requirements A primary degree, preferably in Business or Finance and be a fully qualified accountant. QFA qualification or willingness to work towards the same is required. Established and proven experience and success in a senior finance role, preferably within a credit union or in the financial services or regulated sectors. Have excellent skills and experience in financial planning and strategy, forecasting, reporting and presentation of financial information, budgeting, managing profitability, promoting process improvement, meeting regulatory requirements, preparation of monthly and statutory accounts, and IT systems from a financial perspective. Be an experienced people manager with excellent skills in developing and coaching team members to achieve high levels of performance. Have experience in partnering with a CEO in identifying, developing, and implementing strategy and change initiatives to deliver on organisation objectives, adapting to opportunities, threats and challenges. Possess commercial awareness and strategic thinking skills, with ability to assess long term business model options and define optimal solutions Strong attention to detail and a commitment to quality. Excellent drive, with the ability to prioritise and manage tasks to completion. Strong communication, including oral and written skills, excellent planning and organisational skills. Proficiency with accounting and payroll software, and the Microsoft office suite, inclusive of advanced Excel knowledge. Empathy with the ethos and values of the credit union is desirable. The role is a Central Bank Controlled Function and is subject to strict Fitness & Probity obligations. For a confidential discussion about this opportunity, please call Lorraine Kenny, HR Business Partner of Metamo on . Short listing may apply, and assessment will be done on the basis of the information provided in the application. Carrick-on-Suir Credit Union is proud to support a diverse and inclusive workplace. Skills: Finance, People Leadership, QFA, Financial Services Sector, Credit Union, ACCA, Accounting Benefits: Hybrid Working Arrangements, Company Pension, EAP #J-18808-Ljbffr
About Us Progressive Credit Union is a not for profit, community-based credit union, dedicated to serving its 60,000 members with integrity and purpose. With an asset size in excess of €230 million, the credit union has seen significant growth in recent years across its seven-branch network located throughout the Leinster region. Due to this growth, the Board of Directors and CEO are delighted to invite applications for the full-time, permanent role of Head of Regulatory Affairs , to meet the credit union’s existing and future needs. The base location is dependent on the successful candidate and the role is open to hybrid working arrangements . The Role The Head of Regulatory Affairs will sit on Progressive Credit Union’s senior leadership team and will be accountable to the CEO and Board of Directors for the monitoring of all existing and potential risks to the credit union. This head of function is responsible for developing appropriate responses to eliminate or mitigate risk to an acceptable level. The Head of Regulatory Affairs will be responsible for and lead the way on Risk, Compliance, Money Laundering, and Data Protection functions and will effectively manage risks and identify opportunities that can enhance the credit union's financial stability, protect our reputation, meet regulatory requirements, and make informed decisions that support sustainable growth and profitability. In addition to identifying and mitigating potential risks, the Head of Regulatory Affairs will recognise the importance of capturing opportunities. Opportunity management is the proactive identification, assessment and exploitation of positive risks or opportunities that can lead to favourable outcomes for the business. Main Duties As the Head of Function Effectively communicate with the CEO, Board, Committees, and the Senior Leadership Team regarding the efficiency of systems, processes, and personnel in compliance with policies, procedures, and necessary practices. Continuously monitor changes in legal, regulatory, and industry landscapes and evaluate their impact on the business. Engage in external forums, connect with regulatory bodies, and build a network to stay abreast of regulatory changes and best practices with the regulatory environment. Lead and manage the direct report(s) team member(s), fostering their development, performance, and overall progress in their roles, with the ultimate goal of establishing a resilient and robust hub within the Regulatory Affairs domain. Take a solution-driven approach, proactively anticipating issues and developing mitigation strategies before they pose challenges for the credit union. Actively participate as a key member of the Senior Leadership Team, aiding the CEO and team in achieving Credit Union's strategy and business goals. Compliance Provide advice, appropriate documentation, and technical expertise to assist with the interpretation and implementation of regulations to allow fellow employees to manage compliance with their relevant regulatory responsibilities and to enhance best practice. Devise, implement, and manage a compliance framework to ensure all products and services comply with relevant legislation, regulations and guidelines, and best practices in line with internal policies and procedures. Oversee the production and presentation of reports to external regulatory authorities and ensure proper records are kept and maintained around compliance. Ensure compliance training programs are delivered timely for the Credit Union’s directors, oversight committee, committee members, employees, and volunteers as required. Oversee identification and documentation of statutory and regulatory obligations, relevant laws, regulations, rules, guidance notes, and Codes of Practice of the Central Bank handbook as applicable to the Credit Union in conjunction with overall accountability for the Compliance team. Risk Develop and implement a comprehensive risk management process for the Credit Union, including a risk management policy setting its approach to risk and risk management. Assist the CEO in identifying and mitigating risks. Define risk appetite and tolerance levels in collaboration with the Senior Leadership Team and the Board. Aid the Board of directors in developing and implementing credit union policies and strategies for risk management. Evaluate risks by comparing estimated risks with established criteria such as costs, legal requirements, and environmental factors, and evaluate the Credit Union’s previous handling of risks. Report risks internally to the Board of Directors so they understand the most significant risks, to management to ensure they are aware of risks relevant to their parts of the business, and to employees to ensure they understand their accountability for individual risks. Foster a strong risk culture by providing strategies, support, education, and training of staff to build risk awareness within the credit union. Data Protection Allocate internal resources for necessary work identified in order to comply with Data Protection obligations. Submit quarterly and annual DPO reports to the CEO and Board for consideration. Escalate identified data protection matters as required to the CEO. Money Laundering Reporting Establish and maintain anti-money laundering policies and procedures, reporting suspicious transactions to authorities. Ensure that proper and timely reports are provided to the CEO/Board to appraise them of the actions taken and any issues in relation to money laundering they should be aware of. Ensure the management of training for all staff and directors is in accordance with the requirements and understand their responsibilities in relation to reporting, record-keeping, and AML policies and procedures. The above is not an exhaustive list of responsibilities and may be subject to change in line with the overall objectives of the credit union. Role Requirements A Risk and Compliance qualification to diploma level is desirable, with a commitment to complete further studies appropriate to the role. A minimum of 5 years’ experience in a risk and/or compliance role or financial services management role with an emphasis on risk, compliance, AML/CFT or Data Protection. Self-motivated, experience working within a senior leadership team, with the ability to lead a Regulations team effectively. Experience in people development and coaching. Capable of leading a Board through key issues and facilitating solutions/mitigating actions with them in a systematic manner. Ability to assess and identify risk factors regarding new products and services, outlining practical solutions to enable successful implementation when required. Capable of organisational influence in leading staff through required changes to better position the credit union in all regulatory matters. Excellent written and oral communication skills. Efficient and well organized with exceptional attention to detail, good analytical ability and demonstrated project management skills. An understanding of the credit union movement. The role is a Central Bank Controlled Function and is subject to strict Fitness & Probity obligations. #J-18808-Ljbffr
Dubco Ireland Credit Union Limited is inviting applications for the role of Chief Executive Officer on a fulltime permanent basis with a minimum of 37.5 hours per week. There will be requirement to attend monthly board meetings/key committee meetings outside of normal working hours on a voluntary basis. Dubco Ireland was founded in the Housing Department of Dublin Corporation, now Dublin City Council, in 1977. Serving over 17,800 members with assets in excess of €162m, Dubco Ireland extends its services to anyone working across a variety of sectors, including local authorities, fast-moving consumer goods (FMCG) companies such as retail, pharmaceutical and similar, dental professionals, special needs assistants and all non-teaching staff of educational bodies. Job Purpose: The CEO will report to the Board of Directors and will support the Board in designing, implementing and evolving the Board’s 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 whilst ensuring compliance with regulatory requirements. They will always act within the policies as laid down by the Board, the Credit Union Act 1997 (as amended), and within the ethos/philosophy of the Credit Union. Main Responsibilities Board Implement the strategies agreed by the Board of Directors as set out in the Strategic Plan or as otherwise required by the Board of Directors. Continuously support and communicate effectively with the Board and its sub-committees. Implement the Board’s policies and strategies as communicated by the Chair, Principal Officers, Board, and its sub-committees. Report to the Board and Chair on progress against the strategic and annual business plans as agreed with the Chair. Assist the Board of Directors and committees in the performance of their duties. Credit Union Governance & Regulations 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 Central Bank and regulatory bodies as required. Lead the development and implementation of corporate and Credit Union governance practices and processes to achieve the highest standards of governance for the Credit Union. Ensure that appropriate internal financial, risk, compliance and audit processes and procedures are in place (in conjunction with Credit Union’s Auditors - internal and external, and the Risk and Compliance Officer and the senior management team). Oversight of lending and underwriting function to ensure best practice. Prepare reports and returns as may be required by auditors, Central Bank and other agencies as required. Ensure full compliance with all legal and regulatory requirements including the areas of Risk, Data Protection, Money Laundering, Employment Law and Health & Safety. Business Plans & Key Performance Indicators Develop and present the strategic and annual business plans and budgets to the Board for approval. Report to the Board on progress against the strategic and annual business plans as agreed with the Chair. Ensure that proper books of account are always maintained. Ensure Reserves are kept at appropriate levels. Achieve loan book growth through appropriate sales and marketing initiatives. Manage a large investment portfolio. Constantly review arrears and credit control. Ensure adequate liquidity is maintained. Ensure proper asset/liability management strategies are in place. Review and analyse monthly management accounts, lending statistics, statutory accounts, financial projections and provide sound financial analysis, advice and recommendations. Review and analyse quarterly Central Bank Regulatory Prudential Reports, annual accounts and returns, and other ad-hoc regulatory reporting requirements. Business & Strategic Development Lead the business and strategic development of the credit union in terms of marketing and business development activities. Product development and strategic alliances. Devise strategies to continuously improve the products, services and delivery channels offered by Dubco Ireland Credit Union. 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, innovative opportunities for the credit union to provide new services or delivery channels for members. Service enhancement and change activity, especially growth in the loan book, growth in non-interest income sources, growth by acquisition, and growth in non-face to face products and services. Devise strategies to further develop 3rd party relationships and shared service opportunities. This includes optimising relationships with external stakeholders such as regulators, suppliers, and representative bodies. Devise strategies to support a ‘Green’ Agenda, and a reduction in the Credit Union’s Carbon Emissions. People Leadership & Development Develop, execute and communicate the business strategy and plan in the most effective and efficient manner to management and staff of the Credit Union. Lead the day to day running and management of the Credit Union’s business and operations. Continuously act as a role model leader demonstrating the highest standards of professionalism, behaviour, ethical management, integrity and honesty. Operational Excellence Manage member expectations and requirements in an effective and efficient manner. This includes providing a top-class member service ethos; processing and underwriting loans; dealing with member queries, etc. The CEO will act as a lending Credit Officer (Loan Underwriter), with a personal lending discretion approved by the Board. Lead the day-to-day running and management of the Credit Union’s business to a very high standard of excellence and effectiveness. Develop, monitor, review and continuously improve practices, policies, procedures, operating and people processes and systems to maximize efficiency and effectiveness in every area of the credit union. Competencies Required The ideal person will have an established and proven track record of success within a similar role, deputy to CEO role or other senior leadership positions within the credit union sector or other financial services sectors. The successful candidate will have: Strong understanding of Credit Union regulations and Credit Union ethos. Specific underwriting experience for large loans. Competent IT skills and knowledge of technology development. Strong presentation, communication and interpersonal skills. Strong Financial Skills and Business Acumen. Proven achievement in employee and performance management, and organisation development. Risk Management and Compliance experience. Have a strong financial services background with a forward-looking and strategic growth mind-set. Demonstrable ability to devise, espouse and implement a strategic vision and change management. Possess exceptional people management, communication, motivational and interpersonal skills. Analytical and problem-solving capability. Qualifications The ideal person will have a third level, relevant Degree (minimum level 8), and/or a relevant Professional Qualification (e.g., ACA, ACCA, CIMA). Hold a Central Bank Minimum Competency Qualification, e.g., QFA. And or other qualifications related to financial services, credit unions, management or business and possibly others such as IT, accountancy, law, finance, risk, compliance, or others. The role is subject to Central Bank Fitness & Probity Regime Assessment and is a Pre-Approved Control Function. Skills: Strong Leadership Experience Financial Services Experience Strategy Development #J-18808-Ljbffr
About Ballina Credit Union: Formed in 1968, Ballina Credit Union has proudly grown to over €110 million in asset size. Through our dedicated team, we serve over 17,000 members and operate from our office in Ballina, Co. Mayo. Position: Lending and Business Development Manager Role Summary: The role will be responsible for the operational function of the lending department while ensuring the growth and stability of the loan book and maintaining the gold standard in member service and delivery. The successful candidate will have a strong focus on product, efficiency optimisation, and people management. The role will also focus on business development for the credit union and will be key to identifying and implementing growth opportunities for Ballina Credit Union. The successful candidate will be responsible for ensuring the highest standards of corporate governance with legal, regulatory, and all associated credit policies. The Lending and Business Development Manager will sit as a member of the Senior Leadership Team. Role Purpose: The Lending and Business Development Manager will primarily be responsible for the strong asset quality in the credit union's existing loan book and future lending. They will also be responsible for all aspects of the member’s loan experience including underwriting and will help identify opportunities for the credit union to diversify its lending options. The Lending and Business Development Manager will manage the day-to-day operation of the lending team to ensure the highest standard of member satisfaction while helping to grow Ballina Credit Union’s market share through proactive business development while working with the relevant stakeholders to achieve Ballina Credit Union’s strategic objectives. Key Responsibilities/Accountability: Oversee and lead the lending function including management of the lending team; strong underwriting experience is required. Work with the Credit Committee, Board, CEO, Senior Leadership Team, and relevant stakeholders to develop the Credit Union’s lending strategy and lending policies. Ensure the appropriate policies, systems, procedures, and practices are operating efficiently and effectively with continuous improvement and development to the fore. Preparation, assessment, and approval of loans in accordance with regulation and within the remits of policies. Ensure compliance of the overall lending function within the parameters of the Lending policy, risk appetite, and regulations and make amendments where required. Review the loan portfolio regularly to identify emerging risks, trends, or opportunities for growth. Foster and develop relationships with relevant internal and external stakeholders. Champion team development and the progression and development of loan officers team members and provide relevant support and training. Handle and respond to member feedback, complete detailed analysis or investigation, and ensure the timely resolution of member queries. Develop a deep understanding of our members and their behaviours while liaising with and supporting the marketing and business development department. Identify and promote new lending opportunities in a manner that is consistent with the credit union's strategic and risk management objectives. Ensure compliance with financial services legislation and liaise with required relevant regulatory stakeholders and bodies. Provide support to the Credit Committee and prepare monthly reports and attend meetings as required. Business Development: Identify and develop new business growth leads and prospects and prepare business case documents for the Chief Executive Officer/Board of Directors. Research organisations and individuals to find new opportunities followed through by contacting potential members to establish rapport and arrange meetings. Arrange meetings in person and onsite visits with local employers, professionals, businesses, and the SME community. Attend and in some cases participate in public meetings, events, and forums, fostering the development and building of relationships. Schedule and attend member meetings, calling commercial outlets, such as accountants, tax advisors, and advisor groups. Develop and implement sales strategies that increase the credit union's existing volume of business and activity levels with increased levels of quality loan application submissions, approval, and draw down. Criteria Ideally held by the Lending and Business Development Manager: A minimum QFA qualification or Professional Bankers designation. Bachelor’s degree in finance, Business, or a related field is desirable. Minimum 5 years’ experience in a results-driven lending role. Minimum of 3 years of people management experience. Experience working in a Credit Union or a regulated Financial Services Provider is essential. Ability to assess, critically evaluate and interpret complex information and to identify key credit risk drivers. Strong credit analysis and credit underwriting experience in personal and SME lending. Excellent written and oral communication skills. Financial and computer literacy. Ability to work on their own initiative to deliver agreed targets. Exceptional time management skills and ability to prioritise. Other Information: Salary will be commensurate with qualifications & relevant experience. This is a full-time role. The closing date for applications will be Sunday the 16th of February 2025. This role is classified as a Controlled Function under the Central Bank Reform Act 2010 (as amended), requiring an appropriate fitness and probity assessment. Our Privacy Notice is available on our website. Shortlisting may apply, and an assessment will be completed based on the information provided in the application. Ballina Credit Union is proud to support a diverse and inclusive workplace. Ballina Credit Union is regulated by the Central Bank of Ireland. Skills: Lending , Financial Analysis , Business Development , Loans , Management #J-18808-Ljbffr
About Us Cara Credit Union, now Ireland’s 5th largest community credit union, is proud to serve its members throughout the county and be immersed in the hearts of our local communities. We believe our people are key to our success and are committed to developing our people for the continued success and growth of our business. To drive and build on this exciting growth and expansion, we are looking for dynamic individuals to join our successful team and grow with us. The Role As our MSRs are the main point of contact for all existing and potential new members, they will have an excellent customer care ethos, delivering exceptional service via telephone, online and email to our members. Applicants should be motivated to learn and develop cross-functional skills, committed to achieving high standards and be open to undergoing training to become a qualified financial advisor on commencement. Positions are permanent, full-time (37 hours per week), based in our Tralee branch; flexibility is a key requirement and therefore inter-branch travel may be required. Skills and Competency Requirements Excellent Member/Customer Service – aligned with ethos of the credit union Strong Team Player – flexible and adaptable Effective Communicator with strong interpersonal skills Strong IT Skills Good attention to detail with an understanding of compliance and regulation requirements Shortlisting may apply and candidates will be short-listed based on the information provided. A panel of successful candidates may be formed as a result of the interviews. Cara Credit Union Limited is proud to support an inclusive and diverse workforce. Cara Credit Union Limited is regulated by the Central Bank of Ireland. #J-18808-Ljbffr
About Us Progressive Credit Union is a not for profit, community-based credit union, dedicated to serving its 60,000 members with integrity and purpose. With an asset size in excess of €230 million, the credit union has seen significant growth in recent years across its seven-branch network located throughout the Leinster region. Due to this growth, the Board of Directors and CEO are delighted to invite applications for the full-time, permanent role of Head of Regulatory Affairs , to meet the credit union’s existing and future needs. The base location is dependent on the successful candidate and the role is open to hybrid working arrangements . The Role The Head of Regulatory Affairs will sit on Progressive Credit Union’s senior leadership team and will be accountable to the CEO and Board of Directors for the monitoring of all existing and potential risks to the credit union. This head of function is responsible for developing appropriate responses to eliminate or mitigate risk to an acceptable level. The Head of Regulatory Affairs will be responsible for and lead the way on Risk, Compliance, Money Laundering, and Data Protection functions and will effectively manage risks and identify opportunities that can enhance the credit union's financial stability, protect our reputation, meet regulatory requirements, and make informed decisions that support sustainable growth and profitability. Main Duties As the Head of Function Effectively communicate with the CEO, Board, Committees, and the Senior Leadership Team regarding the efficiency of systems, processes, and personnel in compliance with policies, procedures, and necessary practices. Continuously monitor changes in legal, regulatory, and industry landscapes and evaluate their impact on the business. Engage in external forums, connect with regulatory bodies, and build a network to stay abreast of regulatory changes and best practices with the regulatory environment. Lead and manage the direct report(s) team member(s), fostering their development, performance, and overall progress in their roles. Take a solution-driven approach, proactively anticipating issues and developing mitigation strategies before they pose challenges for the credit union. Actively participate as a key member of the Senior Leadership Team, aiding the CEO and team in achieving Credit Union's strategy and business goals. Compliance Provide advice, appropriate documentation, and technical expertise to assist with the interpretation and implementation of regulations to allow fellow employees to manage compliance with their relevant regulatory responsibilities and to enhance best practice. Devise, implement, and manage a compliance framework to ensure all products and services comply with relevant legislation, regulations and guidelines, and best practices in line with internal policies and procedures. Oversee the production and presentation of reports to external regulatory authorities and ensure proper records are kept and maintained around compliance. Ensure compliance training programs are delivered timely for the Credit Union’s directors, oversight committee, committee members, employees, and volunteers as required. Oversee identification and documentation of statutory and regulatory obligations, relevant laws, regulations, rules, guidance notes, and Codes of Practice of the Central Bank handbook as applicable to the Credit Union. Risk Develop and implement a comprehensive risk management process for the Credit Union, including a risk management policy setting its approach to risk and risk management. Assist the CEO in identifying and mitigating risks. Define risk appetite and tolerance levels in collaboration with the Senior Leadership Team and the Board. Aid the Board of directors in developing and implementing credit union policies and strategies for risk management. Evaluate risks by comparing estimated risks with established criteria such as costs, legal requirements, and environmental factors. Report risks internally to the Board of Directors and management to ensure they understand the most significant risks. Foster a strong risk culture by providing strategies, support, education, and training of staff to build risk awareness within the credit union. Data Protection Allocate internal resources for necessary work identified in order to comply with Data Protection obligations. Submit quarterly and annual DPO reports to the CEO and Board for consideration. Escalate identified data protection matters as required to the CEO. Money Laundering Reporting Establish and maintain anti-money laundering policies and procedures, reporting suspicious transactions to authorities. Ensure that proper and timely reports are provided to the CEO/Board to appraise them of the actions taken and any issues in relation to money laundering they should be aware of. Ensure the management of training for all staff and directors is in accordance with the requirements and understanding their responsibilities in relation to reporting, record-keeping, and AML policies and procedures. Role Requirements A Risk and Compliance qualification to diploma level is desirable, with a commitment to complete further studies appropriate to the role. A minimum of 5 years’ experience in a risk and/or compliance role or financial services management role with an emphasis on risk, compliance, AML/CFT or Data Protection. Self-motivated, experience working within a senior leadership team, with the ability to lead a Regulations team effectively. Experience in people development and coaching. Capable of leading a Board through key issues and facilitating solutions/mitigating actions with them in a systematic manner. Ability to assess and identify risk factors regarding new products and services, outlining practical solutions to enable successful implementation when required. Excellent written and oral communication skills. Efficient and well organized with exceptional attention to detail, good analytical ability and demonstrated project management skills. An understanding of the credit union movement. The role is a Central Bank Controlled Function and is subject to strict Fitness & Probity obligations. Progressive Credit Union is proud to support a diverse and inclusive workplace. #J-18808-Ljbffr
