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- Tasks: Lead Derry Credit Union's operations, ensuring high-quality service and compliance.
- Company: Derry Credit Union is a growing financial institution serving the BT47 & BT48 areas.
- Benefits: Enjoy a competitive salary and the chance to make a real impact in the community.
- Why this job: Join a dynamic team and shape the future of financial services in your local area.
- Qualifications: Must have a Level 6 qualification in Business or Finance and 3 years in a senior role.
- Other info: Applications close on 12th April 2025; we value diversity and are an equal opportunities employer.
The predicted salary is between 60000 - 84000 £ per year.
Derry Credit Union continues to expand and grow in our common bond areas, BT47 & BT48. To support this growth and deliver a high-quality service to our members we now wish to appoint a Chief Executive Officer.
Hours: 37 hours over 5 days per week (Monday to Saturday)
Status: Permanent Post (Office Based – Abbey Street, Derry)
Salary scale: Remuneration package will be commensurate with experience and qualifications.
The successful candidate will have responsibility for the day-to-day management of Derry Credit Union’s operations, compliance, and performance. The CEO will be accountable to the Board of Directors for the performance and all of the functions within Derry Credit Union including staff. The CEO is responsible for ensuring the delivery of a high standard of performance from all staff and stakeholders who work for Derry Credit Union.
ESSENTIAL CRITERIA
- Level 6 qualification in a Business or a Finance related discipline OR Accounting Qualification
- 3 years’ experience in a senior role to include:
- Financial Planning
- Financial Management
- HR Management
- IT, Systems and Controls
- Risk Management
- Regulatory Compliance
- Leading a diverse team
- Managing change
- Developing, delivering and monitoring strategic objectives
DESIRABLE CRITERIA
- Pathways Certificate/ Diploma in Credit Union Operations (NI)
- Certificate in Credit Union Compliance & Risk (NI)
- Capable of being authorised by the regulators to operate in the financial services sector
- Ability to work with a voluntary Board of Directors
- Ability to build sustainable relationships in the local community and common bond area
- Foster strong relations with the ILCU and other credit union and representative bodies
- Foster strong relations with the regulatory bodies including the PRA & FCA
Application packs are available by emailing. In the event that applications are oversubscribed, Derry Credit Union Limited will apply enhanced criteria which is detailed in the job description. Derry Credit Union Limited is an equal opportunities employer.
Closing date for applications is Saturday 12th April 2025 at 12 noon.
Locations
Chief Executive Officer - Derry Credit Union Limited employer: Irish League Of Credit Unions
Contact Detail:
Irish League Of Credit Unions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Chief Executive Officer - Derry Credit Union Limited
✨Tip Number 1
Network with professionals in the credit union sector. Attend local events or seminars related to finance and community banking to meet potential contacts who can provide insights or even recommend you for the CEO position.
✨Tip Number 2
Familiarise yourself with the specific challenges and opportunities facing Derry Credit Union. Research recent developments in the financial services sector, particularly those affecting credit unions, to demonstrate your knowledge during interviews.
✨Tip Number 3
Prepare to discuss your leadership style and how it aligns with the values of Derry Credit Union. Think about examples from your past experience that showcase your ability to manage diverse teams and drive strategic objectives.
✨Tip Number 4
Engage with the local community and understand their needs. Being able to articulate how you would build sustainable relationships within the community will set you apart as a candidate who truly cares about the members of Derry Credit Union.
We think you need these skills to ace Chief Executive Officer - Derry Credit Union Limited
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of the Chief Executive Officer at Derry Credit Union. Familiarise yourself with their operations, compliance requirements, and performance expectations.
Tailor Your CV: Highlight your relevant experience in financial planning, management, and HR. Make sure to showcase your leadership skills and any experience you have with regulatory compliance and risk management.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your passion for the credit union sector. Mention how your values align with those of Derry Credit Union and your vision for its future.
Follow Application Instructions: Ensure you follow the application instructions carefully. If application packs are available via email, make sure to request one and submit all required documents before the closing date.
How to prepare for a job interview at Irish League Of Credit Unions
✨Understand the Role Thoroughly
Before the interview, make sure you have a deep understanding of the responsibilities and expectations of the CEO position at Derry Credit Union. Familiarise yourself with their operations, compliance requirements, and performance metrics to demonstrate your knowledge and readiness.
✨Showcase Your Leadership Experience
As a candidate for a senior role, it's crucial to highlight your experience in leading diverse teams and managing change. Prepare specific examples that illustrate your leadership style and how you've successfully navigated challenges in previous roles.
✨Emphasise Community Engagement
Derry Credit Union values strong relationships within the local community. Be ready to discuss how you've built sustainable relationships in past positions and how you plan to engage with the community to foster growth and trust.
✨Prepare for Regulatory Discussions
Given the importance of compliance in this role, be prepared to discuss your understanding of regulatory frameworks and your experience working with bodies like the PRA and FCA. This will show your capability to operate effectively in the financial services sector.
