Board Member and Risk and Audit Committee Chair

Magna Housing Limited; Dorchester; On-site; GBP 30,000 - 70,000

Job description

Board Member and Risk and Audit Committee Chair

The role

Vacancy: Board Member and Risk and Audit Committee Chair.

Application closing date: 12th April 2025 (10am).

Magna is an ambitious and forward-thinking housing association serving customers in the Southwest through the provision of a wide range of housing services to nearly 9,000 homes. With a turnover of circa £50m and employing circa 450 colleagues, we pride ourselves as being large enough to influence and small enough to care.

The role and what you take care of: (A full Board Member pack, including a summary of the Risk and Audit Committee Chair Member Role Profile, payment and an introduction to Magna Housing is attached to this advert)

The ideal candidate will possess strong analytical skills and innovation. They will embody our core values: Always Safe, All About Customers, Be Kind, Own It, One Team, and Be Curious. It is essential for them to act with integrity, uphold high standards, foster a positive organisational culture, lead effective meetings, be thoroughly prepared, and encourage participation. Building robust relationships with board members, colleagues, and external parties through mutual respect is crucial. Clear communication, as well as the ability to influence and translate complex messages for diverse audiences, are key attributes.

What you take care of:

• Help to define and approve the company strategy, reviewing key risks and opportunities, and making sure the company operates within relevant governance, legal and regulatory frameworks.
• Oversee financial reporting, internal controls, and regulatory compliance, working closely with auditors to ensure transparency and mitigate financial risks.
• Monitor and provide independent views on objectives, budget, business plan and policies.
• Ensure Magna is a well governed organisation, championing our vision, strategic priorities and embodying our values.
• Guide discussions, ensure diverse viewpoints are heard and keep meetings focused on key priorities.

What you need to be successful:

• Financial Acumen: Strong understanding of financial statements, budgeting, and audit processes.
• Commercial Acumen: Balanced by an understanding of risk awareness, oversight, and management.
• Risk Management: Expertise in identifying, assessing, and mitigating risks to ensure the organisation's stability and compliance.
• Analytical: Ability to digest large amounts of information, picking out the relevant points and using the information to support strategic decision making.
• Ethical Judgment: Upholding integrity and ethical standards in all decisions and actions.
• Communication Skills: Effective communication with stakeholders, board members, and external auditors.

We very much welcome in and out of sector experience in the above areas. What is equally important is that you are committed to our values, vision, and mission and have a passion for improving services and delivering positive impact. Equality, diversity, and inclusion underpin the improvements we are making, and the Board is leading by example.

Please include the following with your application:

• A detailed CV of no more than three pages of A4, including details of positions held and dates (including achievements relevant to a non-executive role).

Please answer the below questions in no more than 250 words per answer and attach along with your CV, ensuring your name is clearly visible:

• What attracts you to the vision and strategy of Magna Housing?
• Tell us about the sector / company you currently or previously worked for, one of the main challenges it is currently or has faced and how you personally have contributed to transformation or innovation in the solution?
• How has your own background and upbringing influenced your approach to creating greater diversity in the workplace?
• Please include the full contact details for two referees (including your current employer, if applicable). Please note that we will not take up references without your prior permission.

Your application will be acknowledged and treated with the strictest confidence.

For an informal discussion about this post, please contact Dani Davies - Talent Acquisition Lead at [e-mail] or mobile: [phone].

About us

We're Magna Housing, a customer-centred housing association, mainly working in Dorset and Somerset (our head office is in Dorchester) with a vision to create great homes together. We want to make sure that we constantly add value to the lives of our customers and our colleagues, and we work hard to deliver this year on year.

Our vision of "Creating Great Homes Together" is fundamental to the work we do and we have ambitious plans to be "beyond the best" over the next ten years.

Magna prides itself on being large enough to influence but small enough to care. We are on an exciting journey - one that requires agility in how the business develops over the next decade, and different, innovative ways of working as we explore new territory.

Inclusion is important to us here at Magna, and inclusion for everyone is our commitment to making long term and deep change to become an organisation known for being inclusive and welcoming for all. We won't achieve our vision, mission or strategy without being inclusive. It is the foundation of how we work, our culture and our values and how we adjust to make sure our customer and colleague experiences are welcoming and relevant.

Our successes come through an appreciation of difference - different perspectives, experiences, thoughts, actions and skills. All of which add value and generate innovation. Embracing difference will enable us to get it right, first time, and offer the right homes in the right place for our customers.

Our benefits

• Generous holiday
• Competitive pension
• Wellbeing support
• Healthcare cash plan
• Learning and development
• Colleague voice

For more details on our great range of benefits, please download the attachment which can be found at the bottom of this page.

Our values

• Always safe
• All about customers
• Be kind
• Own it
• One team
• Be curious