At a Glance
- Tasks: Lead Derry Credit Union's operations, ensuring high-quality service and performance.
- Company: Derry Credit Union is a growing financial institution serving the BT47 & BT48 areas.
- Benefits: Competitive salary, opportunity for professional growth, and a supportive work environment.
- Why this job: Join a dynamic team making a real impact in the community while developing your leadership skills.
- Qualifications: Level 6 qualification in Business/Finance and 3 years in a senior role required.
- Other info: Applications close on 22nd August 2025; equal opportunities employer.
The predicted salary is between 48000 - 72000 £ 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:
CHIEF EXECUTIVE OFFICER
Hours: 37 hours over 5 days per week (Monday to Saturday)
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, 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
And
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.
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 Friday 22nd August 2025 at 4pm.
This job listing is posted on behalf of Derry Credit Union Limited. It isnot a job at the Irish League of Credit Unions
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Locations
Chief Executive Officer - Derry Credit Union 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
✨Tip Number 1
Network with professionals in the credit union sector. Attend local events or seminars related to finance and credit unions 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 their recent initiatives and community involvement to demonstrate your understanding of their operations during any discussions.
✨Tip Number 3
Prepare to discuss your leadership style and how it aligns with the values of Derry Credit Union. Be ready to share examples of how you've successfully managed teams and driven change in previous roles.
✨Tip Number 4
Showcase your knowledge of regulatory compliance and risk management, as these are crucial for the role. Consider discussing relevant experiences where you ensured compliance and mitigated risks in your previous positions.
We think you need these skills to ace Chief Executive Officer - Derry Credit Union
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully 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 any leadership roles you've held and how you've successfully managed teams and change.
Craft a Compelling Cover Letter: Your cover letter should reflect your passion for the role and the credit union sector. Discuss how your qualifications and experiences align with the essential and desirable criteria outlined in the job description.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
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 Leadership Experience
Highlight your previous leadership roles and experiences that align with the essential criteria. Be prepared to discuss specific examples of how you've managed diverse teams, led change initiatives, and developed strategic objectives in your past positions.
✨Prepare for Regulatory Questions
Given the importance of regulatory compliance in this role, anticipate questions related to financial regulations and risk management. Brush up on your knowledge of the PRA & FCA and be ready to discuss how you would ensure compliance within the credit union.
✨Demonstrate Community Engagement
Derry Credit Union values strong relationships within the local community. Be prepared to share your ideas on how to build sustainable relationships and engage with members effectively. This will show your commitment to the community and the credit union's mission.