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Ballybofey, Co Donegal



An opportunity has arisen for an experienced Risk Officer with B&S Credit Union, which has assets of €74 million and provides services to over 13,000 members from its office in Ballybofey & Castlefinn.  This role is currently part-time (3 days per week) but could, if the successful candidate has other areas of expertise relevant to B&S Credit Union, be expanded to increased hours. 

The successful candidate, as a member of the management team will report to the CEO and to the Board in the implementation and management of the Risk Framework.


Main Duties

  • Develop, manage, and implement appropriate controls and frameworks in line with regulatory requirements and guidelines, and internal requirements, to mitigate risk across the business.

  • Provide risk reports to the CEO and Board in accordance with the Risk Management Framework.

  • Constructively engage with the CEO and Board in the continuous development and implementation of the credit union’s policy and strategy for risk and IT Security management

  • Conduct regular risk assessments across the credit union to identify, monitor and report key risks throughout the business.

  • Ensure the ongoing monitoring of the operating environment including changes and developments in regulations and best practice, to make recommendations to the Board to improve the relevant risk management systems.

  • Ensure that Risk management processes are embedded in the culture, operations and systems used by all officers, driving and exemplifying adherence to agreed policies, procedures, and applicable regulation.

  • Provide advice and assistance to the CEO and Board in all areas on which risk has impact (e.g., launch of new products and services). 

Knowledge, Skills, Abilities

  • Relevant third level qualification 

  • Experience working within the financial services’ industry - Credit Union experience an advantage 

  • Prior experience working within a control function such as risk, compliance, internal audit, or conduct 

  • A comprehensive understanding of organisational governance, risk management policies and procedures and experience in developing and implementing same 

  • Experience of working within a team with the ability to be flexible to the demands of the business and the team 

  • Clear strong communications skills, both written and verbal coupled with good interpersonal and presentational skills 

  • Strong IT skills 

  • After appropriate training, to use and manage risk management software packages without supervision.


Desirable skills

  • An understanding of the ethos of credit unions and sectoral challenges is desirable 


How to apply:

  • Applications including CV and cover letter by email addressed to vacancies@bandscu.ie

  • Closing date for receipt of applications is 29th January 2022.

  • Short listing may apply, and assessment will be done based on the information provided in the application.

  • B&S Credit Union Credit Union Limited is an equal opportunities employer.

  • Canvasing will disqualify.

  • To obtain a copy of B&S Credit Unions Recruitment Privacy Notice please email vacancies@bandscu.ie