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    Executive Director - Hartford, CT, United States - First Source Federal Credit Union

    First Source Federal Credit Union
    First Source Federal Credit Union Hartford, CT, United States

    3 weeks ago

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    Description
    First Source Credit Union
    strives to help you Live Smarter by making good financial decisions.

    Through financial education, they strive to help you become a more informed consumer, saver, and borrower, and to better your financial well-being.

    At their core, they are a financial institution with guiding principles based in education and doing the right thing for their employees, Members and community.

    With over $1 Billion in assets, and 60,000 plus members serving Oneida and Herkimer Counties, their mission is "To improve the quality of life of our Employees, Members and communities we serve." They have been a recipient of multiple awards to include Best Credit Union, Best Mortgage Lender and Best Places to Work which tie into their Vision Statement "To be the credit union employees want to work for, our members choose to do business with, and our communities know they can count on.

    "
    Due to the upcoming retirement of their respected CEO, the Credit Union is in search of a dynamic, forward-thinking, collaborative leader to join their organization as the next
    President / CEO .

    The Board of Directors has determined that the primary responsibility of the President/CEO function is:
    "Through leadership presence, deliver Member Value to employees, members and the community, and foster sustainability and growth as a mentor and guide." The President/CEO will determine who will serve in roles of leadership and how to best implement the vision, strategic plan, budget and other significant long- and short-term decisions. The focus of the President/CEO will be preparing our Credit Union for the future. This includes a focus on long-term strategy, leadership development and succession planning, political advocacy, and community involvement.

    ESSENTIAL JOB FUNCTIONSThe President/CEO is:Responsible for preparing First Source FCU for the future through a focus on the development and execution of the strategic goals and objectives as approved by the Board of Directors.

    Accountable for the financial safety and soundness of the Credit Union.
    Responsible for the organizational structure of the Credit Union.
    Provides leadership and directs the Executive Management Team.
    Responsible for recruiting and developing Credit Union leaders for positions of greater responsibility including short-term and long-term succession planning.
    Responsible for assessing the performance of the Executive Management Team and for compensation plans.

    Responsible for developing and maintaining effective relationships with various credit union constituents, including but not limited to:

    Board of Directors and other volunteers, members, employees, community and political leaders, business partners, members of the credit union community.

    Represents First Source at community and trade association events.
    Involved in appropriate political advocacy for the Credit Union.
    Informed of new developments in the credit union industry, including legislative, regulatory and economic developments.
    Responsible for preparing the agenda for board meetings and keeping the board appropriately informed.
    QUALIFICATIONS, SKILLS AND EXPERIENCE

    A baccalaureate degree and other appropriate advanced education/training with 10 years progressive executive level experience, preferably in a key executive role in the finance industry.

    Above average interpersonal and communications skills and strong organizational skills are essential.
    Must demonstrate a proven track record of leadership.

    Proven expertise in developing budgets, financial planning and analysis, financial statement preparation and designing and developing strategic and tactical plans.

    General knowledge and experience in other disciplines associated with the credit union industry including lending, marketing, operations, and human resources, business development and political advocacy.

    PERSONAL MASTERY AND BEHAVIORThe CEO needs mastery in the following:Leadership: Achieves extraordinary results through people

    Interpersonal Skills:
    Effective Communicator who builds rapport and relates well to people

    Planning/Organizing:
    Utilizes logical, systematic and orderly procedures to meet objectives

    Teamwork:
    Works effectively and productively with others

    Futuristic Thinking:
    Imagines, envisions, projects and/or predicts what can be

    Conflict Management:
    Addresses and resolves conflict constructively

    Decision Making:
    Utilizes effective processes to make decisions.
    The President/CEO role requires a preferred behavior as described below:
    Inherent Drive and Need to Direct:

    The position requires an inherent drive to calculate the use of power and authority, respond to challenges and authority, a drive to succeed, clarification of authority and parameters, challenging assignments, independent thinking, freedom from much detail work, flexibility, ability to solve problems and meet challenges and taking an idea and moving with it.


    Inherent Need to Interact:

    The position requires social interaction, optimism, getting emotional buy in, flexibility, creative problem solving, initiating contact with others and accomplishing goals through teamwork.

    Inherent understanding of How to Serve : The position requires the ability to deal with a variety of constituencies with sensitivity, flexibility, and adaptability.

    Base Salary $350,000-$500,000
    #J-18808-Ljbffr

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