Job Description
Job Title: Head of Risk & ComplianceReporting to: CEO, Board of Directors and Audit, Risk & Compliance CommitteeTower Credit Union Limited, headquartered in Clondalkin, Dublin 22 is a large community-based Credit Union serving 48,000 Members from five branches in West Dublin and North Kildare. The credit union has 50 employees and manages assets in excess of €210m. This is an established position and a key member of the Management Team.Responsibilities:Effectively communicate with the CEO, Board, Committees, and the Management Team regarding the efficiency of systems, processes, and personnel in compliance with policies, procedures, and operating practices.Continuously monitor changes in legal, regulatory, and industry landscapes and evaluate their impact.Engage in external forums, connect with regulatory bodies, and build a network to stay abreast of regulatory changes and best practices in the credit union sector and broader financial services industry.Lead and manage risk and compliance staff, fostering their development, performance, and overall progress in their roles, with the ultimate goal of establishing a resilient and robust team.Take a solution-driven approach, proactively anticipating issues and developing mitigation strategies before they pose challenges for the credit union.Actively participate as a key member of the Management Team, aiding the CEO and team in achieving credit union's strategy and business goals.Lead the enhancement, maintenance and reporting of the risk management framework, including associated policies, procedures and controls.Oversee the compliance function including the delivery of training programmes for staff and volunteers.Develop strong working relationships with all functions in the credit union and contribute to the efficient and effective delivery of services.Qualifications:A minimum of 5 years’ experience in risk management in financial services or other relevant sectors in Ireland.A professional qualification relevant to the role.Strong interpersonal and organisational skills, with exceptional attention to detail.Knowledge and understanding of regulatory environment governing credit unions.Experience in leading a team of people, people development and coaching.Capability to guide and advise the Board on key issues and facilitating solutions / actions to mitigate risks.Capability to inform and lead staff through changes to better position the credit union in all regulatory matters.Excellent written and oral communication skills.Good analytical ability and demonstrated project management skills.The Head of Risk & Compliance is a Pre-approved Controlled Function (PCF) subject to the Central Bank of Ireland’s Fitness & Probity Standards.Salary will be highly competitive and commensurate with experience and qualifications.Tower Credit Union Limited is an Equal Opportunities Employer.Applicants will be shortlisted for interview. Canvassing will disqualify.Tower Credit Union Limited is regulated by the Central Bank of Ireland.Application Process:Please forward, Cover Letter and CV in confidence quoting reference HRC-01 by email to recruitment@odaconsulting.ie to arrive on or before Friday, 25 October 2024.O’DONOVAN ASSOCIATESP.O. Box 8332Blackrock Business ParkCo. DublinEmail: recruitment@odaconsulting.ieTel: 01-2104952Applications to O’Donovan Associates only.Canvassing the Credit Union will disqualify.To obtain a copy of the Recruitment Privacy Notice, please email recruitment@odaconsulting.ieClosing Date for Applications: Friday, 25 October 2024. #J-18808-Ljbffr