The client is seeking a Board Member and Chair of their Finance, Audit, and Risk Committee. This organization is an Approved Housing Body focusing on providing housing and support for individuals with intellectual disabilities, mental health challenges, and older adults. The mission is to improve lives by offering high-quality homes and fostering independence and opportunities. The client emphasizes diversity and inclusion as part of its core values. In this dual role, the appointee will offer strategic leadership and ensure sound financial practices and risk management to support the client's goals.
The responsibilities of the role include active participation as a Board member, contributing to the clients strategic vision, governance, and overall performance. The chair will lead committee meetings, ensuring productive discussions and decision-making. Key areas of focus will be financial oversight, audit processes, investment, and risk management, all while aligning with the client's objectives. The chair will also ensure compliance with legal and regulatory requirements, particularly the standards set by relevant authorities. Collaboration with the Board, CEO, and Head of Finance is crucial to address financial sustainability, funding challenges, and operational risks, while promoting transparency and exemplary governance.
Candidates for this role should have substantial expertise in financial management, audit, and risk oversight, ideally within the not-for-profit or social housing sector. Leadership skills in facilitating effective meetings and decision-making processes are essential. The candidate should possess a strong understanding of governance, regulatory compliance, and strategic financial thinking. Excellent communication and stakeholder engagement skills are necessary to interact effectively with committee members, the Board, and external parties. Prior board experience, whether in an executive or advisory role, is desirable, along with a demonstrated commitment to the clients mission and values. The commitment involves attending committee meetings approximately six times a year, usually held online in the late afternoon or evening, and Board meetings are also held six times annually.