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Risk Advisory Committee

Risk Advisory Committee Trustee  

The Organisation:

Clann Credo, established in 1996,  is a community development and social lending organisation with a national remit.

Our purpose is to work and lend social finance to communities focused on developing sustainable community projects and services for the benefit of all.

We do this by lending social finance and providing advice and support to community groups, social enterprises and charities throughout Ireland.  Since 1996, we have invested over €150m in community projects throughout Ireland.  Our loan book is approximately €48m and we have over 600 customers/borrowers.

General Trustee duties of a Charity Trustee

  • Comply with the Charity’s governing document.
  • Ensuring charity is complying with its charitable purpose for the public benefit.
  • Acting in the best interest of the charity.
  • Act with Reasonable Care and Skill.
  • Manage the assets of your charity.

The Role

Clann Credo is seeking to add expertise (voluntary) to our Risk Advisory Committee.  The Risk Advisory Committee is a subgroup of the board of directors comprising 7 voluntary members from different sectors.  The Risk Advisory Committee has oversight responsibility for monitoring underperforming and non-performing loans, including restructuring arrangements, recovery prospects and bad debt provision.  The work of the committee is supported by the Head of Credit. 

Essential Skills/Qualities required for this role

  • Critical thinking to identify loan repayment options and pathways,
  • Solution oriented,
  • Understanding of community  development processes and challenges,
  • Experience and knowledge of loan book management (post disbursal) at senior level,
  • An understanding of and commitment to our mission and values,
  • Strong business acumen and analytical skills,
  • Good communication and interpersonal skills.


As part of the induction, new members are invited to attend meetings in an observer capacity prior to appointment. This allows everyone to get to know each other, and the prospective appointee to become comfortable with the organisation before final decisions are made.

What you might gain.

Sharing your skills and expertise to contribute in an organisation that is committed to using social finance as an instrument to deliver sustainable community development and social good throughout Ireland.

Criteria for this Recruitment Process 

In making its decision, the board/evaluation committee will look for evidence of an existing interest, or preparedness to develop one, for the aims of the organisation, an ability to identify workable solutions and problem solve, and evidence of competency in the discipline(s) of either banking and/or loan debt recovery.

Current Directors:

Jim Rourke                             Timothy Hoban                       John O'Callaghan

Gervaise Mcateer                   Rose Gargan                          Gerard Marshall

Michael White                         Jim Rourke                             Noel Lourdes

Mona Baker                            Derek McGrath                       Sr Grace Redmond

Board Meetings:

The Risk Advisory Committee meets 5 times per year, typically morning time on a Tuesday and lasting for up to two hours. It is envisaged that the RAC will meet on-line (3 meetings) and in person (Dublin – 2 meetings) during each year. All Risk Advisory Committee members are volunteers.

Risk Advisory Committee

Published on 10.04.2024

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