What are the responsibilities and job description for the President/CEO position at CME Credit Union?
Overview
The CME CU’s President/CEO reports to the Board of Directors and is charged with delivering exceptional member service and community value. The President/CEO achieves this by hiring and developing a talented team, building brand awareness and providing products and services that lead to high levels of member acquisition, relationship development and retention.
The CEO shall plan, direct, and control all credit union activities in accordance with credit union plans, policies, directives, and activities as established by the Board of Directors. Responsible for ensuring financial stability and member satisfaction commensurate with the best interest of the members, the employees, and the credit union. Provide strategic direction, vision, leadership, and management in all functional areas.
Responsibilities
- Direct all credit union operations, which include planning and implementing programs, policies, and procedures.
- Provide strategic and/or administrative direction and management in all credit union functions to include accounting, ALM, business development, compliance, facility management, finance, human resources, investments, lending, marketing, operations, retail services, risk management, and security.
- Manage the day‐to‐day operation of the credit union and establish office procedures to utilize staff and facilities most efficiently, to promote products and services, to provide outstanding member service, and to achieve the goals of the credit union.
- Develop, recommend, and implement financial policies and procedures.
- Analyze the workflow of the credit union on a continuous basis and make changes to improve and reduce costs.
- Ensure that the credit union is in compliance with the federal and state laws and regulations set forth by the National Credit Union Administration and other State and Federal regulatory agencies.
- Recruit and select quality applicants for management vacancies, ensuring that the credit union is adequately staffed with competent employees.
- Develop and manage a budget for the credit union that is consistent with the overall strategic plan.
- Evaluate the job performance of credit union management to ensure quality service to members.
- Conduct management meetings on a regular basis to disseminate information, exchange ideas, resolve problems, discussion of trends, etc. Ensure information is communicated throughout the credit union.
Qualifications
- Ability to analyze and proactively respond to any issues related to the operations of the credit union as reflected in the monthly financial statements.
- To disseminate the financial activity of the credit union to the Board of Directors.
- Ability to coach, teach and hold staff accountable to behavior and process expectations.
- The ability to inspire and successfully lead teams through change.
- Thorough knowledge of operations and the ability to coordinate the daily functioning of the facility, and to resolve employee and member problems.
- Interpersonal skills necessary to represent the credit union in a professional, friendly, business-like manner.
- Ability to train, motivate, and supervise employees, and to maintain an effective schedule of workflow within the branch.
- Ability to exercise discretion and independent judgment in interpreting policies and procedures, making exceptions as required.
- Strong written and oral communication skills.
- Ability to make decisions, take action, and accept responsibility for results.
Education/Experience Requirements
- Minimum of 7 years of progressive management experience at a credit union or other financial institution
- Bachelor of Science in Business Administration, with a major in accounting is preferred.
This is an exceptional opportunity for an accomplished leader who is passionate about driving results and making a significant impact within our organization.
Job Type: Full-time
Pay: $140,000.00 - $170,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health savings account
- Life insurance
- Vision insurance
Schedule:
- Monday to Friday
Education:
- Bachelor's (Preferred)
Experience:
- Banking: 5 years (Required)
Work Location: In person
Salary : $140,000 - $170,000