Independant Non-Executive Director (iNED)

PAYDEK; London; On-site; GBP 50,000 - 120,000

Job description

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Paydek is looking for an Independent Non-Executive Director (iNED) for our office in London, United Kingdom. The role is a member of the Board of Directors and the Audit Committee, requiring up to 16 hours per month, and will focus on checking and challenging to ensure adequate and effective controls are adopted by Paydek.

We are a financial organisation that facilitates cross-border payments in multiple currencies across the world. We are a growing organisation, headquartered in the heart of London, and we are looking to attract a highly motivated, positive, and responsible individual who will complement and strengthen our existing team.

Responsibilities

• Develop and execute the company's business strategies to attain the goals of the Paydek Board.
• Provide strategic advice to the Paydek Board.
• Ensure company policies and legal guidelines are communicated all the way from the top down in the company and that they are always followed.
• Communicate and maintain trust relationships with shareholders, Executive Directors, and regulatory bodies.
• Lead audits instructed by the Audit Committee to assure adherence to the Risk Appetite Statement, legal obligations, and best practices.
• Delegate responsibilities and supervise the work of Executives, providing guidance and motivation to drive maximum performance.
• Review and advise on the internal controls to mitigate the risks of which the firm is/maybe exposed (including Financial Crime Controls).
• Analyse problematic situations and occurrences and provide solutions to ensure company survival and growth.
• Create initiatives to take advantage of market opportunities, reduce operational threats, forestall business risks, and maximize core strengths.
• Identify core competencies and define operational goals.
• Liaise with the Paydek Board to ensure all efforts are in alignment with the Board Approved Risk Appetite Statement (RAS) and Business Plan.
• Ensure the firm's applicable policies, procedures, and controls are regularly reviewed and updated.

Requirements

• Knowledge of the Financial Services (specifically Payment Services).
• Experience in developing profitable strategies and implementing vision as per the approved Business Plan.
• Strong understanding of corporate finance and performance management principles.
• Familiarity with diverse business functions such as Audit, Compliance, and Risk.
• In-depth knowledge of corporate governance and general management best practices.
• An entrepreneurial mindset with outstanding organizational and leadership skills.
• Analytical abilities and problem-solving skills.
• Excellent communication, negotiation, and presentation skills, including public speaking.
• Knowledge of the regulatory obligations and best practices of a Financial Institution (FI).
• Strong analytical, critical thinking, and problem-solving skills.
• Excellent organizational and leadership skills.
• Thorough knowledge of market changes and forces that influence the company.