First Choice Credit Union Limited

Risk Management Officer

First Choice Credit Union is proud to serve over 40,000 Members with 6 offices and €260 million of assets under management.
We are currently recruiting for the position of Risk Management Officer to join our senior management team and report directly to the CEO.

Responsibilities:

The RMO will be responsible for:

Identifying, assessing, reporting, monitoring and managing all internal and external risks that could affect the credit union, including risks to its employees, members, reputation and assets, and assisting the CEO with managing and mitigating those risks.
Leading the updating and implementation of risk management frameworks, policies, processes and tools;
Defining and leading the governance of risk frameworks and risk measurement and reporting methodologies;
Acting as primary contact for the Board of Directors for all governance, business and project risk issues;
Agreeing a Risk Plan with Board of Directors and ensure it is being met and on schedule;
Promoting a culture of risk management throughout the organisation;
Monitoring the external environmental and wider credit union sector for changes that will present environmental risks to the credit union.

This position is a pre-controlled function (CUPCF-3) within the Central Bank of Ireland’s fitness and probity regime.

Requirements:

The successful candidate will most likely possess a third level qualification and hold a relevant professional qualification, in areas such as accountancy/audit, business, legal, risk management or relevant disciplines.

The successful candidate will be highly analytical and flexible, with the capacity to communicate a secure vision and take ownership of enterprise risk management initiatives.

They will utilise their aptitude for analytical thinking, including the ability to research and resolve problems, report findings, identify solutions and implement resolutions, through interaction with credit union wide personnel.

The successful candidate will have significant operational and organisational experience, preferably, in the financial services, banking or credit union sectors.

Relevant experience in risk management from other fields will be considered from candidates who have a strong aptitude for risk management.

A minimum 3-5 years experience in financial services working in a compliance, risk management or internal audit role is required.

Specific qualifications which would be desirable, but are not essential, include the Professional Certificate in Credit Union Risk and Compliance or the Professional Certificate in Conduct Risk, Culture and Operational Risk Management or equivalent.

Skills and Abilities Required:

Ability to interpret and disseminate the impact and requirements of new laws and regulations.
The ability to build effective relationships with internal and external stakeholders and the ability to interact effectively with different audiences.
Maturity and gravitas to ensure that the risk management function is fully embedded into the credit union.
Strong business sense and understanding of the evolving credit union business model.
Organised, detailed, focused individual with good communication and presentation skills.
Strong project management skills, possess the ability to manage multiple priorities simultaneously, and have the ability to work on own initiative and to meet deadlines.
Ability to assure that the risk direction is aligned with business strategies.
Ability to foster risk management as a core competency throughout the credit union and facilitate risk training within the credit union.
Highly computer literate, dedicated and flexible.
An assortment of personal and interpersonal skills, and able to build effective relationships with internal and external stakeholders.
Highly analytical and flexible, with the capacity to communicate a secure vision and take ownership of enterprise risk management initiatives.

Career and Professional Development Opportunity

This position offers an opportunity to work in a successful and ambitious credit union which is poised for a new phase of development and is looking for additional talent to join its management team. The role enjoys significant autonomy and an opportunity to take ownership and deliver success in risk management which is strategically important for the credit union.

Salary & Benefits

The credit union will offer generous pay and benefits including salary, pension, and other benefits commensurate with the role. Salary is negotiable based on qualifications and relevant experience.

Working Hours

The role is permanent and full-time, 36 hours per week.

Closing Date

The closing date for applications is 6th May 2024.
First Choice Credit Union Limited is an Equal Opportunities Employer.
First Choice Credit Union Limited is regulated by the Central Bank of Ireland.
Applications for this role can be made via: https://www.irishjobs.ie/job/Risk-Management-Officer-at-First/a-job102429900