Announcements (Archive)

Student Loans Company: Non-Executive Director

Body
Department for Education (DfE) and Devolved Administration Ministers
Appointing Department
Department for Education
Sectors
Business, Finance & Skills, Charity & Public Sector, Education
Location
Board meetings are generally held in Glasgow and also on occasion in London and Darlington.
Skills required
Audit and Risk, Change Management, Transformation
Number of Vacancies
1
Remuneration
£12,000 per annum, rising to a maximum of £17,000 depending on participation in board sub-committees or other additional duties as agreed with the SLC Chair.
Time Requirements
The successful applicant will be expected to attend Board meetings (10 per year), and may be required to participate or chair Board sub-committees and attend ad-hoc meetings as necessary.

Campaign Timeline

  1. Competition Launched

    16/01/2017

  2. Closed for Applications

    05/02/2017

  3. Panel Sift

    TBC

  4. Final Interview Date

    TBC

  5. Announcement

    TBC

Announcement

An announcement has been made on the outcome of this appointment.

View Announcement

Assessment Panel

Panel Member
Matt Toombs
Added
16/01/2017
Panel Role
Panel Chair
Positions
Director, Student Finance and Analysis, Department for Education Departmental Official
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Political Activity-
Notes-
Panel Member
Christian Brodie
Added
16/01/2017
Positions
Chair of the Student Loans Company Representative of Organisation
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Political Activity-
Notes-
Panel Member
Janet Eilbeck
Added
16/01/2017
Positions
Non-Executive Director, National Audit Office Independent Member
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Political Activity-
Notes-
Panel Member
Mark Russell
Added
16/01/2017
Positions
Chief Executive, UK Government Investments Other Panel Member
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Political Activity-
Notes-

Vacancy Description

The Secretary of State for the Department for Education (DfE) and Devolved Administration Ministers invite applications for a new Non-Executive Director (NED) to the Student Loans Company (SLC) Board.

Established in 1989, the SLC is an Executive Non-Departmental Public Body which undertakes a number of functions related to the provision of student and learner financial support on behalf of DfE and the Devolved Administrations. It manages a nationally significant Income Contingent Repayment loan book with a value of £86.7 billion, processes around 1.8 million student finance applications each year, and pays out over £7 billion in maintenance loans and grants to students and over £8 billion to higher and further education providers.

Person Specification

The successful candidate will demonstrate senior experience at board level (or equivalent) in dealing with stakeholders in public and or private sector organisations and the ability to think strategically and challenge constructively.

We are particularly seeking candidates with significant expertise and experience in the Higher or Further Education sectors, ideally at Vice Chancellor or equivalent level.   It would also be desirable for candidates to have experience of financial planning and scrutiny at a very senior level.

Additional Information

Term of appointment is up to three years with the possibility of reappointment for one further term subject to satisfactory performance appraisal.

How to Apply

Applicants are required to submit a CV, a separate personal statement demonstrating how they meet the criteria for the role, and monitoring form.

Further details on the process to be found in the applicant information pack (attached).