Non Executive Director

Location: London & Crewe (for meetings)

Remuneration: £29,000 per year

Time Commitment: Approx. 25 days annually

Contract: 3 years, potential extension

Start Date: January 2025

About Reclaim Fund Ltd (RFL):
RFL is a public-interest organisation dedicated to managing dormant assets and redistributing surplus funds to benefit society. As an FCA-regulated body, RFL plays a crucial role in ensuring that unclaimed financial assets are effectively safeguarded and utilised for societal good. Our mission is to maximise the impact of these funds, helping communities and individuals in need while maintaining the highest standards of governance and regulatory compliance.

Role Overview:
As a Non-Executive Director (NED) at RFL, you will play a pivotal role in shaping the strategic direction of the organisation. By serving on the Audit & Risk and Investment Committees, you will provide independent oversight, ensuring that RFL meets its regulatory obligations and maintains robust risk management practices. While we are seeking an experienced Non-Executive Director, we will also consider first-time NEDs who bring substantial experience operating at the board level.

Key Responsibilities:

1. Strategic Contribution: Challenge and contribute to the development and approval of RFL's strategy.
2. Performance Oversight: Monitor Executive team performance, ensuring goals align with RFL's mission.
3. Risk Management & Compliance: Ensure investment and operational risks are effectively managed within FCA regulatory frameworks.
4. People Management: Support executive appointments, succession planning, and performance evaluations.

Person Specification:

1. Proven experience in governance, strategy, and risk management, ideally in an FCA-regulated organisation.
2. Strong understanding of investment and operational risk.
3. Ability to challenge and support senior leadership constructively.
4. A commitment to the Nolan Principles and public service values.

This is a meaningful opportunity to make a significant impact in a purpose-led organisation, contributing to its long-term sustainability and mission to benefit society.

How to Apply:
Deadline for Applications: 11:50pm Sunday 3rd November 2024. For more information and how to apply, please visit our microsite here: https://micro.green-park.co.uk/rfl/

If you would like to know more about the role or selection process, please contact Lucy Kythreotis or Emma Law from our executive search partners on lucy.kythreotis@green-park.co.uk or Emma.Law@green-park.co.uk.