Vacancies

 

 

 

Credit Underwriter/Credit Officer – Carlow District Credit Union Limited

 

Job Title: Credit Underwriter

Location: Carlow

Carlow District Credit Union Limited

Credit Union House

Askea

Carlow

 

or such other location within the common bond, including sub-offices as may be determined from time to time by the Board of Directors.

 

Reporting to: Credit Manager

 

Job Description

The Credit function in CDCU is responsible for prudent lending to the Common Bond area which currently includes the sub offices in Ballon, Mayo Donnane and Rathvilly. As a member of the Lending Team, the Loans Underwriters main responsibilities will be assessing straightforward  and complex credit applications  in adherence with the Credit Unions lending policies and procedures, Risk Policy and the Credit Unions operating principles and culture as well as the relevant regulation’s and assisting with campaigns to grow the loan book.

Qualifications

  • A minimum QFA qualification (or APA designation).
  • A minimum of 3 years or more relevant lending experience, ideally in a personal lending or commercial lending environment

 

Key Duties and Responsibilities:

  • Conduct loan interviews and obtain the necessary financial information in order to support the members loan application.
  • Undertake a detailed analysis and assessment on all types of loan applications, while making informed decisions, recommending approvals and/or declines.
  • Attention to details, with a logical and analytical approach to solving complex lending problems and issues
  • Operate within the agreed authorised lending discretion framework which will be set by the Credit Manager and Board of Directors.
  • Prepare files outside of agreed limits and submit to the Credit Manager
  • Ensure that all credit related files are at a high audit standard in order to provide assurance to the Credit Manager that standards of underwriting are in line with lending policies.
  • Working with the Credit Manager and Loan officers with marketing campaigns to achieve the lending goals of the credit union.
  • Contribute, participate and engage with the Credit Unions strategy and change.
  • Work closely with the Loan underwriters to meet tight deadlines

Key Requirements & Key competencies:

  • Strong track record in preparing, submitting and underwriting high quality credit applications.
  • Experience in personal lending and complex lending to SMEs, the agricultural sector, self-employed individuals and mortgages.
  • Significant experience in face to face, online and telephony lending.
  • Provide team support within the Credit Team.
  • Strong customer focus and proven commitment to customer excellence standards at all times with the ability to engage with small business owners and farmers.
  • Strong telephone and verbal communication skills.
  • Ability to work on own initiate.
Competency GuideLevel
Member Relationship ManagementStrong to Expert
Communication and influencing skillsStrong
Teamwork and collaborationStrong to Expert
Planning and priority settingGood to Strong
Problem solving and decision makingStrong to Expert
Results focusStrong
IT, digital and social mediaStrong

 

Key Performance Indicators

  • The quality of the output of your underwriting.
  • The identification and mitigation of credit risks
  • The quality of the underwriting of files and reporting to the Credit Manager or Credit Committee and Board of Directors, where requested by the Credit Manager.
  • The quality of decision making.
  • The level of compliments received.
  • Participation and contribution to CDCU’s business development plan.

Please submit your CV to:

killianconsulting@gmail.com or contact Killian on 086 360 5565

 

Closing date for applications is Friday 6th August 2021

Canvassing will disqualify.

Please contact me, Aidan Killian on  killianconsulting@gmail.com OR

086 360 5565 for a copy of the Recruitment Privacy Notice if required.

 

 

 

Job Description

Risk Management Officer

 

Job Description

 

The Risk Management Officer (RMO) is responsible for providing risk leadership to the Credit Union, establishing a risk infrastructure and framework which will enable the efficient and effective governance across the Credit Union for all categories of risk, including but not limited to, strategic, reputational, data, credit, IT and operational.

 

It is desirable that the job holder also hold the position of Data Protection Officer and will be responsible for ensuring that data protection compliance goals are met.

 

The job holder will work closely with the CEO, the CFO, the Compliance Officer and senior management team in identifying, defining, and remediating various risk-related issues in attaining established compliance goals as directed by the Board of Directors and the Central Bank of Ireland (CBI).

 

The RMO is part of the senior management team and reports to the CEO and will report directly to the Board on a regular basis.

 

Key Responsibilities of the Risk Management Officer:

 

  • Identifying, assessing, reporting, monitoring and managing all internal and external risks that could affect the operations of the credit union, including risks to its employees, members, data, reputation and assets, and assisting the CEO in mitigating those risks
  • Establish best in class policies, procedures and processes for operational, IT, credit, market, and liquidity risk
  • Establish a risk management framework to identify, measure, monitor and report exposure to all categories of risk
  • Embed a risk management culture in the organization; to include risk training for staff.
  • Develop, manage and refine qualitative and quantitative risk reporting which meets the needs of the senior management and the Board in order to support effective decision making.
  • Collaborate with the Board and senior management team to mould a high-achieving, well-controlled organisation which can achieve growth targets safely and identify, and assess and control emerging risks
  • Act as primary contact for the Board of Directors for all governance, business and project risk issues
  • Develop and implement an annual Risk Plan with regular reporting to the Risk Committee and Board of Directors
  • Provide regular update of the risk register, including risk and controls in order to support the business by identifying emerging trends and threats
  • Assist the credit union in assessing its risk appetite and tolerance levels on an ongoing basis;
  • Provide Risk Management Reports to the Board of Directors, CEO and the Risk Committee to include assessments / updates on related business and project matters
  • Ensure risk exposure and incidents are effectively aggregated and reported, providing management with a comprehensive view of overall risk exposure. Maintain oversight of new business and IT projects to ensure that risks are being addressed
  • Lead in the development of risk management standards, governance, policy and procedures across the credit union.
  • Evaluate the existing data protection framework and identify areas of non or partial compliance and rectify any issues
  • Ensure the company’s policy and procedures are accordance with General Data Protection Regulation (GDPR) and codes of practice
  • Inform and advise the Data Controller or Data Processor on all matters related to data protection
  • Promote a culture of data protection compliance across all units of the organization
  • Maintaining comprehensive records of all data processing activities conducted by the credit union, including the purpose of all processing activities.
  • Monitor the external environmental and wider credit union sector for changes that will present environmental risks to the credit union
  • Mitigate the effects of risks/threats which may be unavoidable.
  • Ensure effective communication takes place with the Compliance Officer
  • The Risk Officer will deputise for the Compliance Officer as needed.

 

Key Requirements of the Job Holder

 

  • 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 is required.
  • 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
  • Expertise in European data protection laws and practices including an in-depth understanding of GDPR
  • 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.
  • Assure risk direction is aligned with business strategies
  • 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.
  • Significant experience in credit unions, data protection and risk management.
  • Educated to degree level in the field or similar/equivalent.

 

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

Please submit your CV to:

killianconsulting@gmail.com or contact Killian on 086 360 5565

 

Closing date for applications is Friday 6th August 2021

Canvassing will disqualify.

Please contact me, Aidan Killian on  killianconsulting@gmail.com OR

086 360 5565 for a copy of the Recruitment Privacy Notice if required.