Limerick & District Credit Union Limited is a progressive, community-focused financial services provider with over 43,000 members and total assets exceeding €190 million.
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Operating from its Head Office on William Street, supported by branches in Caherdavin, Dooradoyle and St.
Patricks Road, the Credit Union is committed to delivering member-centred financial services that support the wellbeing of local communities across Limerick city and surrounding areas.
This role offers an exceptional opportunity to lead a strong, successful and growing Credit Union, contributing significantly to its ongoing development and future direction.
Principle Responsibilities of the Role Reporting to the Board of Directors, the Chief Executive Officer (CEO) will support the Board in developing and implementing its strategic vision.
The CEO will provide effective leadership and management across all operational areas, ensuring the Credit Union operates to the highest standards of governance, compliance and member service, in line with Board-approved policies, the Credit Union Act, 1997 (as amended), and the ethos of the credit union sector.
Key Responsibilities Board of Directors Propose strategies for Board consideration and implement the strategies and policies approved by the Board of Directors.
Maintain effective, timely and transparent communication with the Board, providing the information and support required for informed decision-making.
Report on the progress and implementation of strategic actions in line with established reporting arrangements.
Support the Board in the effective performance of its governance responsibilities.
Governance, Risk & Compliance Embed a strong risk management culture and ensure robust financial, risk and compliance systems and controls across the credit union.
Ensure compliance with all legal and regulatory obligations, including data protection, AML, employment law and health & safety.
Maintain strong operational resilience across all areas of the Credit Union.
Financial Management Develop and present financial plans and budgets for Board approval and provide regular performance reports to the Board.
Ensure accurate financial records, prudent reserve management and effective asset/liability, liquidity and investment management.
Review and analyse financial performance and key reports, including management accounts, lending data and regulatory submissions, and present clear insight to support Board decision-making.
Business & Strategic Development Lead the strategic and business development of the Credit Union, including marketing, product development and key partnerships.
Develop and enhance products, services and delivery channels, identifying opportunities for innovation and growth.
Advance initiatives to support loan book development, non-interest income generation and digital service enhancement.
Lead key external relationships and shared service opportunities, ensuring effective engagement with the Central Bank, suppliers and representative bodies.
Develop strategies to support the Credit Unions Green Agenda and sustainability objectives.
Leadership, People & Operational Excellence Lead the day-to-day management of the Credit Union, ensuring high standards of operational performance and quality member service.
Communicate and deliver the business strategy across the Credit Union, ensuring alignment and clarity of organisational priorities.
Foster a culture of professionalism, integrity and ethical leadership, acting as a role model for behaviours and standards.
Develop, monitor and continuously improve policies, procedures, systems and processes to maximise organisational effectiveness and operational excellence.
Competencies Required The successful candidate will have a proven track record of achievement in a comparable CEO or senior leadership role within the credit union sector or the wider financial services industry.
They will demonstrate: A strong understanding of Credit Union regulations, governance requirements and the Credit Union ethos.
Strong financial skills, commercial acumen and a solid financial services background with a strategic, growth-focused mindset.
Proven capability in people leadership, performance management and organisational development.
Experience in risk management and compliance within a regulated environment.
Strong understanding of IT systems, digital service delivery and the role of technology in supporting operational resilience, member service and organisational development.
Excellent presentation, communication and interpersonal skills, with the ability to engage effectively across all levels.
Demonstrated ability to develop, articulate and implement strategic vision and lead change initiatives.
Strong analytical and problem-solving skills, with sound judgement and decision-making capability.
Qualifications The successful candidate will have: A relevant third-level degree (minimum Level 8) and/or a recognised professional qualification such as ACA, ACCA or CIMA.
Additional qualifications relevant to financial services, credit unions, management, business or related fields such as IT, accountancy, law, finance, risk or compliance.
A strong commitment to ongoing professional development and maintaining up-to-date knowledge of the regulatory and financial services environment.
The role is subject to Central Bank Fitness & Probity Regime Assessment and is a Pre-Approved Control Function. xsokbrc
Note:This advert is not intended to establish a total definition of the role but an outline of the main areas of responsibility.
Skills: Strategic Leadership Excellent Communication Skills Benefits: Pension Fund