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Virtual CIO

A virtual Chief Information Officer (CIO) is an experienced, multi-faceted senior technology professional who serves as a virtual/part-time CIO for an organization that cannot afford or does not need a full time executive.

Key benefits:

  • Strategic – Work strategically, yet deliver reality
  • Experience – Experienced technology leaders; credit union focus and perspective
  • Business-focused – Business drivers feed technology
  • Liaison – Make your technology suppliers/outsourcing and staff work successfully
  • Value – Increase agility; virtual position with flexible cost structure
  • Return – Align technology spending with business objectives, define and measure ROI
  • Reduce Risk – Temporary to long-term in your control

Virtual CIO Role and Responsibilities

Credit unions need senior technology leaders who understand credit unions and provide technology directions to support them. Our technology leaders are visionary and pragmatic. It is not enough to plan for innovation, we are perceptive and realistic. As insightful leaders we prompt a broad technology agenda to help your business profit from leading-edge technologies. At the same time as pragmatists, we deal with the realities of the business. We facilitate the productivity of current technology solutions. We minimize cost and maximize results and technology ROI.

The following are typical responsibilities of a virtual CIO:

  • IT and business strategies alignment
  • IT leadership and management
  • Key performance metrics definition
  • Performance status reports
  • ROI evaluation and budgeting
  • Resource management
  • Service provider partnerships management
  • IT and business risk management
  • Business processes design and optimization
  • IT technology standards definition
  • IT governance
  • IT security and compliance management
  • Contract review and negotiate
  • Board adviser

"Emergifi's program where a credit union pays a monthly fee for a virtual CIO is a game changer for us. We couldn’t possibly hire a part-time IT professional for that amount and yet, we get the expertise, support, and all the benefits of having an entire full-time IT professional team on staff with Emergifi’s program. The support and preparation work Emergifi does for us during our examinations is worth its weight in gold all on its own!" – Tracie Wills, President of M.E. Employees Credit Union