Independent Non-Executive Director - South Staffordshire Water PLC (SSW)

Recruiter: South Staffordshire Water PLC (SSW)
Location: Walsall, West Midlands and also cover Cambridge (Cambridge Water)
Salary: £30k pa
Posted: 06 Jan 2020
Closes: 06 Feb 2020
Job Function: Non Executive Director
Industry: Public

Independent Non-Executive Director - South Staffordshire Water PLC

South Staffordshire Water PLC (SSW), incorporating Cambridge Water, is a water only company supplying 1.7 million people in the West Midlands and in Cambridge with a turnover of c£129m. The Company is regulated by Ofwat and is about to enter a new price review period from April 2020 to March 2025. Within that plan SSW are proposing an ambitious level of investment to transform their two largest treatment works into higher performing and more resilient facilities, in order to deliver better quality and more reliable water.

SSW is part of South Staffordshire Plc which also includes SSI which provides a range of infrastructure maintenance services and Echo, a customer service business, both of which operate successfully primarily in the UK water sector.

South Staffordshire Plc is 55.1% owned by long term pension schemes and institutional investors advised and managed by Arjun Infrastructure Partners and 44.9% by Mitsubishi Corporation.

The Board of SSW, in accordance with its governance code, comprises 4 independent NEDs (including the Chairman), 3 investor directors, the MD of SSW and the Group CEO.

SSW is seeking a new independent non-executive director.

You should have the following profile:

• Experience of operating at Board level,
• Knowledge, or preferably experience, of providing utility services,
• Recent finance or regulatory experience,
• Extensive strategic experience,
• Provision of independent oversight and constructive challenge.

Ideally you will have experience of working at Board level in a utility business, preferably with a focus on Finance and or Regulation, and will have the following personal qualities:

• good communicator,
• good listening skills,
• comfortable challenging management where appropriate – but not abrasive or egotistical
• and the ability to work with and earn the respect of the existing team.

You will also be required to chair audit committee meetings once familiar with proceedings.

Time Commitment:

Directors will be expected to attend 8 Board meetings per year plus potentially 2 Audit Committee meetings (which normally coincide with Board meetings). In addition, you will be expected to devote appropriate preparation time ahead of each meeting.

SSW is committed to equality and diversity. Should two candidates be deemed a similar level, we may select an individual from a minority grouping in preference, as a criteria.

Non-Executive Director and Future Chair - Guernsey Electricity

Guernsey
Permanent - Full-time

The Position

Guernsey Electricity are seeking to recruit two Guernsey based applicants with specific, relevant experience to join our Board as Non-Executive Directors. One would ideally have the potential to be considered as a future Chair in two years’ time.

Responsibilities

Guernsey Electricity is operating in an environment of increasing complexity and change, particularly in relation to market, competition, regulatory and emerging energy policy issues. Such an environment is an exciting place for a NED capable of navigating through those changes and guiding the direction that is right for the long-term future of Guernsey. That includes ensuring Guernsey has both reliable and affordable energy supplies, as well as helping manage the environmental impact and the future sustainability of fossil fuels on the Island.

The energy system of the future will not look like it does today. The scale of change over the next 10 to 20 years will be considerable and, whilst we don't know exactly what this change will look like, we do know some of the key change drivers that will be important. One thing seems certain, consumers will play a key role in driving change as their energy needs for warmth, light, power and, increasingly transport change.

The energy businesses of the future will need to provide those services in a clean, affordable, efficient and environmentally conscious manner, by taking advantage of new energy technology and digital enablers. Guernsey Electricity plans to take a leading role in the energy transition and recognises that Energy Policy remains critical for ensuring that journey is strategically managed, so the outcomes are in the best interests of energy consumers, and the long-term future of our Island.

Experience

Preference will be given to candidates with relevant experience related to Engineering in the Utilities sector, Accountancy and Business Development.

A commercial mindset will be important as well as an interest in and understanding of Energy Policy, the transitional challenges of moving towards alternative operating models and the complexities of Sustainability/ Environmental Issues.

The Candidate

• will by preference be a Guernsey Resident with proven experience of working within, or as a NED or an Executive Director of, a large complex Commercial Corporation and will ideally hold an IOD Chartered Director or MBA qualification.
• Experience in either of the following - Engineering in the Utilities sector, Accountancy or Business Development.
• Interest in and understanding of Energy Policy, the transition challenges of moving towards Alternative Operating Models and the complexities of Sustainability/Environmental Issues.
• Strategic Direction and Change - an ability to provide independent oversight, evaluative challenge and constructive critique to Guernsey Electricity’s Strategic Direction.
• Monitoring Performance - particularly regarding the progress made in achieving the determined company strategy and objectives.
• Stakeholder Management - particularly for the potential Chair, to be a skilled and connected networker, capable of navigating a complex political environment that includes the States of Guernsey Committees, STSB, CICRA and CIEG.
• Governance, Audit and Risk Management – able to take the lead on ensuring robust prudence and probity in relation to the integrity of financial information, financial controls and systems of risk management.

Skills and Qualifications

• ideally hold an IOD Chartered Director or MBA qualification.

About Guernsey Electricity

Guernsey Electricity has been providing electricity to the island for over 100 years. Until 2001 all electricity was generated on-island but since then completion of a cable link to France via Jersey has given the opportunity to import units from the European Grid in conjunction with on-island generation. The change has brought significant environmental benefits for the Island while improving the company's risk profile.

• Visit their website
• More about Guernsey Electricity

Non-Executive Director - Service Sector Business

Job Reference: 11424
Date Posted :6 December 2019
Recruiter: Paul Mitchell Associates
Location: London
Salary: £600 to £700
Bonus/Benefits: 1-2 days per month
Sector: Administration & Business Operations
Job Type: Permanent
Work Hours: Part Time

Job Description

Non-Exec Director. Devon. £600-£700 per day 1-2 days per month.

• Do you want to make an active contribution as a Non-Executive Director to this unique creative business?
• Could you contribute at Board level to this company in terms of performance and shareholder returns?
• Our client is a leading service sector business, with offices in Devon. It is looking for a Non-Executive Director who will always put the Company's interest first, who can bring an open mind and considered good judgement to the boardroom whilst supporting the executive team.
• We would be particularly interested in candidates who have potential business contacts (e.g. in Leisure, Hotels, Architecture).
• You will need to spend sufficient time in the Company, to get to know its people and how it works.
• You will attend all board and related meetings.
• It has a definite set of ideas, beliefs and ways of doing business.
• It believes that how you behave does matter, therefore, it believes that attitudes - such as honesty and integrity - are even more important than skills.
• It believes that everybody in the company should be continually making things better for its customers, whether this is by providing ever better products or delivering ever greater service.
• The company is hard working, committed and cheerful. Above all, it tries to put the needs of the business first in its' decision-making.
• If the way you behave at work and the attitudes you display fit with our client, it is highly likely you will be successful, well rewarded and happy.
  £600-£700 per day (1-2 days) per month

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Non-Executive Director - Chair of the Board Audit and Board Risk & Compliance Committees

Recruiter: Westbourne Partners
Location: London
Date Posted: 19/11/2019
Closing Date:

As an Independent Non-Executive Director (INED), you will have a shared responsibility for the governance of the Bank, with specific responsibilities for chairing two key committees, the (i) Board Audit Committee (BAC); and (ii) Board Risk and Compliance Committee (BRCC).

About us:

We are a leading foreign bank based in the City of London. The Bank’s principal activities are the provision of Correspondent Banking, Trade Finance and International Payments, Corporate Banking, Treasury and Retail Banking. Deposits are raised from personal, corporate and institutional customers in the form of current, savings, call and fixed deposit accounts. Lending activities are confined to corporates, government and financial institutions utilising a wide range of products including syndicated and bilateral loans, overdrafts, structured trade finance facilities, discounted letters of credit and fixed income products

Job Summary:

As an Independent Non-Executive Director (INED), you will have a shared responsibility for the governance of the Bank, with specific responsibilities for chairing two key committees, the (i) Board Audit Committee (BAC); and (ii) Board Risk and Compliance Committee (BRCC). Generally, as a director of the Bank, you will:

• Strategy
  Contribute to the formulation of the Bank’s strategy. You will constructively challenge and provide strategic guidance and help to develop proposals on strategy based on any specialist knowledge and experience that you possess
• Performance
  Scrutinise the performance of executive management in meeting agreed goals and objectives and hold management to account
• Risk
  Monitor the integrity of financial information produced by the Bank and satisfy yourself that the systems of internal control and risk management are robust and defensible
• People
  Determine appropriate levels of remuneration of executive directors and other senior management and have a prime role in appointing, and where necessary removing, executive directors (and other senior management) and in succession planning
• Corporate Responsibility
  Promoting a corporate responsibility to uphold, safeguard and promote the Bank’svalues particularly relating to ethics, integrity and social responsibility.

Duties & Responsibilities:

Chair of the BAC

Briefly, as Chair of the BAC you will be responsible, inter alia, for:

• Safeguarding the independence of, and overseeing the performance of, the internal audit function, including the performance of a person approved to perform the Head of Internal Audit function on behalf of the Bank, in accordance with SYSC 6.2 (Internal audit) of the PRA Handbook.
• for taking reasonable steps to ensure that every person involved in the performance of the outsourced internal audit function is independent from the persons who perform external audit, including:(a) supervision and management of the work of outsourced internal auditors; and (b) management of potential conflicts of interest between the provision of external audit and internal audit services;
• Ensuring that financial information is accurate and that financial controls and systems of risk management are robust
• Overseeing review on the appropriateness and completeness of the Bank’s system of internal control and ensures that the committee considers whether necessary actions are being taken to remedy any significant failings or weaknesses.
  • The appropriateness and completeness of the Bank’s statutory accounts and, ensuring that the Committee reviews significant areas of judgement.
  • arrangements made by Management for regulatory financial reporting and best practice requirements and ensure that the Committee effectively reviews Management responses to the auditors and regulators, as applicable
  • Reviewing the effectiveness of the Bank’s frameworks for receiving and treating complaints and concerns regarding accounting, internal accounting controls and auditing matters.
  • Appropriately monitors the working relationship between the external auditors and the Bank.
  • The scope, nature and effectiveness of the work of internal audit.

Chair of the BRCC

Briefly, as Chair of the BRCC you will be responsible, inter alia, for:

• Responsibility for safeguarding the independence of, and overseeing of the performance of, the risk function, including the performance of a person approved to perform the Chief Risk function on behalf of the firm, in accordance with SYSC 7.1.21 R and SYSC 7.1.22 R (Risk control) of the PRA Handbook.
• Safeguarding the independence of, and overseeing the performance of, the compliance function, including the performance of a person approved by the FCA to perform the compliance oversight function on behalf of the firm, in accordance with SYSC 6.1 (Compliance) of the PRA Handbook.
• Overseeing the review of the effectiveness of the Bank’s risk management framework, risk governance arrangements and risk policies and associated procedures
• Undertaking the role of ‘whistleblowing champion’, overseeing the integrity, independence and effectiveness of internal whistleblowing arrangements, including the protection of whistle-blowers from victimisation.
• Reporting to the Board on how the Committee has discharged its responsibilities.

Time Commitment

Generally, as an INED, you are expected to be able to allocate sufficient time to meet the expectations of your role. As a Board Committee Chair, it is not unlikely that you will be required to commit additional time to effectively carrying out your role. As a minimum, you will be expected to attend quarterly Board meetings though some additional hours may be needed in the course of the annual cycle in order to fully support the Board agenda

Candidate Requirements

• Relevant university degree/ professional qualification from a recognized institution.
• Recognized Auditing or Accounting Qualification/Accreditation
• Extensive accounting/auditing experience, within the Banking or Financial Services sector
• Risk management experience in an executive capacity and at Board level
• Exposure to Compliance and financial crime matters
• Generally, Board level experience in a large /complex/changing organisation;
• Experience of high level organisational and governance skills including such things as strategic planning, financial management, risk management, organisational performance management.
• Politically astute – able to grasp relevant issues underpinned by an understanding of developing partnerships and building relationships with other organisations.
• Experience of achieving change management and transformation in a highly complex organisation, regulated environment.
• Solid exposure to the UK Regulatory Environment from the point of view of a Foreign Bank.
• Knowledge & exposure to the African banking sector
• Interest passion in Africa

You will be a highly successful business leader who has a track record of operating at Board level and contributing to the success of market leading, financial services organisations. You can demonstrate a career which clearly shows progression, commercial breadth and strategic involvement. Consequently, you will be able to bring to the bank:

• Deep knowledge of UK retail and corporate/business banking with exposure to commercial lending and trade finance.
• Strong understanding of risk, compliance and balance sheet management. Able to add value and effectively oversee the Bank’s activities; you will already be a risk committee member. We will consider serving executives (particularly CROs), first time NEDs as well as experienced NEDs.
• In-depth knowledge of the changing policy and regulatory framework in UK financial services (prudential and conduct) as well as a commitment to corporate governance; you can also demonstrate a positive relationship and reputation with the UK regulators (PRA and FCA).
• A track record of contributing successfully in other governance led Board roles (preferably within a small financial services institution and ideally some plc and international experience). You will already be experienced in managing board level stakeholders, managing conflict and dealing with regulatory interaction and participation in sub-committee roles

Leadership skills/personal attributes:

• Possesses integrity, strong customer ethos and values in line with the Bank
• Thinks strategically and is able to see the Bank within the context it operates. Brings a genuine independent perspective to enhance decision making and provide sound judgment (can absorb large volumes of information and still be able to identify the relevant important issues)
• Commercial, financial acumen and an understanding of what makes a successful and sustainable business; able to think strategically and systemically
• Highly developed interpersonal and communication skills, able to make a valuable contribution within formal Committee meetings, articulate points well and challenge constructively. Engages proactively and is culturally sensitive
• Is learning oriented and possesses a strong desire to keep up to date with a continually changing environment and a willingness to adapt to change
• An enquiring mind, with the confidence to challenge constructively;
• Recognise the importance of supporting collective decisions and of balancing challenge with assurance and support;
• Strong communication and listening skills;
• Strong interpersonal skills – calm under pressure, able to challenge in a constructive manner, develop creative solutions, manage a wide variety of situations in a meeting and ensure that the outcomes are in the best interest of the organisation;
• Strong financial and business acumen and the intellectual rigour to understand complex issues and risk quickly;
• The ability to work with a wide range of individuals and organisations and build productive relationships;
• Fully supportive of equal opportunities and minority interests;
• Strong commitment to public service values of accountability, openness, probity and equality of opportunity.

Non-Executive Director  - Farmers' Union of Wales

Business / Organisation Name: Farmers' Union of Wales
Business / Organisation Sector: Private
Business / Organisation Website: http://fuw.org.uk
Business / Organisation Type: Private Company
Role Title: Non-Executive Director
Remuneration: Paid

Role Description

The Farmers’ Union of Wales was established in 1955 and works on behalf of members in order to deliver thriving, sustainable family farms in Wales.

The Union incorporated FUW Ltd in 2017 to manage its affairs and that company is now the owner of our Insurance Broker, FUW Insurance Services Ltd.

There will soon be a vacancy on the board of FUW Insurance Services that we wish to fill as soon as practical.

With empathy for Wales and farming, but not necessarily a farming background, we would expect that successful applicants would demonstrate some or all of the following:

• A successful business background in a privately owned limited company
• Experience of managing and growing a well established, multi-site business
• A network of contacts that will add value to the growth of FUW Insurance Services
• Experience of marketing, primarily in terms of analysis of markets in order to identify opportunities for business growth
• An understanding of the insurance market

FUW is a bi-lingual organisation, therefore the ability to speak Welsh would be an advantage but it is not essential as all Insurance Services board meetings are conducted in English.

Remuneration

The positions are remunerated and all reasonable expenses will be reimbursed

Time Commitment

Board meetings will generally be held in monthly in Builth Wells, with occasional telephone meetings where appropriate.

Application Details

Application Process

An informal discussion about the role can be arranged by contacting the Managing Director via email (alan.davies@fuw.org.uk ).

Applications should be made by forwarding a CV and introductory letter to the Managing Director.

Closing date: 0800 hrs 7 November 2019 and we wish to appoint as soon as is practicable,

Closing Date: 07/10/2019
Contact Name: Alan Davies
Contact Email: alan.davies.@fuw.org.uk