National Savings & Investments, Non-Executive Director
- Body
- National Savings & Investments
- Appointing Department
- HM Treasury
- Sector
- Business, Finance & Skills
- Location
- Various
- Skills required
- Business / Commercial, Change Management
- Number of Vacancies
- 1
- Remuneration
- £18,000 per annum
- Time Requirements
- Around 18 days a year
Campaign Timeline
-
Competition Launched
22/07/2022
-
Closed for Applications
04/09/2022
-
Panel Sift
TBC
-
Final Interview Date
TBC
-
Announcement
TBC
Vacancy Description
Key Responsibilities and Main Tasks of Non-executive Directors at NS&I Include:
- StrategyHelping ensure a sound strategy for NS&I is in place serving the interests of government and meeting agreed performance targets. Non-executive Directors support the development of the strategy by challenging the Executive Team in terms of robustness and contributing ideas, bringing their own expertise and experience to bear as external sources of advice on key strategic issues.
- Management and Outsourcing Oversight Playing a key role in the monitoring, continuous evaluation and, where necessary, challenging the performance and competence of NS&I senior executives. This includes challenging behaviour demonstrated by Executive Directors that is not in line with NS&I’s values and accepted corporate ethical standards. They will also contribute as to the development of NS&I’s outsourcing partnership.
- Risk and ComplianceEnsuring that effective systems exist for internal control and for the identification and management of risk; and will regularly review major areas of risk, and the adequacy of risk mitigation measures.
- GovernanceContributing as a member of the Board and its sub-committees. Non-executive Directors also develop the effectiveness of NS&I’s governance structure, as appropriate, giving independent assurance to HM Treasury Ministers that NS&I abides by the highest standards of business conduct.
Person Specification
Candidates For This Role Must Have the Following Experience:
- Have been or is a Non-Executive Director, with significant experience of taking a retail customer-centric approach to development and delivery of products and services, gained in financial services.
- Demonstrable experience of working in the UK financial services market and knowledge of UK financial services regulatory regime.
- Be a professionally qualified accountant and have previous audit and risk committee experience.
Demonstrate the Following Key Competencies:
- Independence and impartiality, including an ability to question or challenge the NS&I Executive, using and applying their experience from elsewhere, and to challenge constructively the existing way of doing things.
- Business strategy skills, including an ability to interpret business and management information to determine business performance and development, an ability to simplify and focus on big issues, and an ability to understand and appreciate the impact of transformational change that has already taken place within NS&I and to support the continuing need for change.
- Influencing and communicating skills, including an ability to develop an effective, inclusive, and constructive relationship with the CEO, other executives and NEDs and other key external influencers. Ability to manage a board effectively including meeting management.
Desirable Experience:
- Direct experience of the public sector is desirable but not required.
Additional Information
OCPA complaints process
As this campaign is regulated by the Commissioner for Public Appointments, if you are not content with our response, please contact the Commissioner for Public Appointments at:
https://publicappointmentscommissioner.independent.gov.uk/
Further information on the complaint procedure can be found on the Commissioner for Public Appointment’s website:
https://publicappointmentscommissioner.independent.gov.uk/complaints/