Please find below Role Description, Person Specification and instructions on how to apply.
The Audit and Risk Committee is collectively responsible for supporting and advising the Board of Arhag to ensure financial viability, a sound system of internal controls and risk management and maintaining an appropriate relationship with its auditors.
Role Description
The purpose of the Chair of the committee is to lead the committee and provide strategic direction and control. The Chair is to be accountable to the board and shall not be a co-optee.
Responsibilities of the Chair of Audit and Risk
- Ensure compliance with the terms of reference for the committee.
- Guide, advise and assure the board on all matters that fall under the delegated authorities of the committee.
- Liaise with the Chair of the board and Chief Executive Officer on matters of agenda setting, particularly strategy, finance, performance and directional review.
- Undertake fiduciary duties and responsibilities as a committee Member.
- Monitor the tone, substance and dynamics of the committee decision-making processes and advise, by taking soundings and co-ordinating the views of the membership.
Role Description of Board Member
In addition to the responsibilities outlined above the responsibilities of a committee Chair is to:
- A demonstrable commitment to, and understanding of, the provision of good quality affordable housing within the context of the wider community.
- A commitment to delivery of migrant and refugee friendly services.
- To support and abide by the organisation’s policies and procedures including, in particular, the governing instrument and governance policies, the equalities and diversity policy, and the health and safety policy.
- Contribute to and share responsibility for all board decisions with an ability to work collectively to come to decisions.
- Establish and maintain a constructive mutually supportive and respectful relationship with executive and senior management and staff at all levels.
- Respect the confidentiality of information about the organisation and individual staff, tenants, and other customers.
- Register and keep up to date, in accordance with the organisation’s policies and procedures, a public record of all relevant interests, including specifically any from which actual or perceived conflict of interests might arise or which could affect the reputation of the organisation.
- Attend at least 85% of all board meetings, including away days, committees of which they are a member, and training and development sessions arranged by the organisation to support and develop board members. All board members are required to prepare properly for these meetings by reading the papers in advance.
- Keep up to date with the external framework and operating environment for the sector.
- Abide by Arhag’s Code of Conduct at all times, and to accept that any failure to do so is a disciplinary matter.
Person Specification
Knowledge and Experience
- Knowledge and understanding of the housing and/or refugee and migrant sectors.
- Experience of governance frameworks in regulated sectors.
- Experience in acting in a non-executive capacity ideally with Chair experience.
- Substantial experience in one or more of the following areas:
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- Corporate Finance and Treasury Management.
- Risk, Corporate Governance, and internal controls.
- Financial Operations and Planning.
- Working in a regulated industry.
- Understanding and/or empathy of issues facing refugees and migrants
Skills and Abilities
- Knowledge of good governance.
- Track record of managing performance.
- Able to apply creative and imaginative solutions, exercising good judgement.
- Demonstrate a strong and clear commitment to equality and diversity.
- Well-organised, manages time well and able to assimilate and comment on complex information and reports.
- Able to inspire, build trust and respect from staff and board colleagues.
Style and Behaviours
- Acts with integrity, actively promotes and support the values, ethos and aims of Arhag Housing Association and the services it provides.
- Committed to the values of accountability, openness, and transparency.
- Demonstrates strong commitment to equality and diversity.
- An open, engaging, and enthusing style.
- Personal and professional credibility that will command confidence at all levels across the association and with our wide range of stakeholders.
- Embraces learning and development and promotes this with the board, the executive, and the organisation as a whole.
Terms And Conditions
Remuneration
Remuneration for Committee Chair is £3,500 per annum (plus reasonable expenses)
Time commitment
- The board routinely meets four times per year. There are also two strategy away days and AGM each year.
- The committee meets four times a year.
- We estimate that the likely time commitment is on average around two days a month.
- The maximum term of appointment is six years, with the requirement for re-election after three years.
- Sufficient time should also be set aside to prepare for meetings, undertake learning and development and miscellaneous representative engagements.
Terms of Reference
Below are links to the terms of reference for the Board of Arhag and the Audit & Risk committee:
Training and development
Arhag Housing Association is committed to ensuring that its board members have access to training and development opportunities. There will be individual and collective training, as well as the opportunity to attend conferences. A full induction programme will also be in place.
Location
Board meetings will be held at our office address, The People’s Place, 80–92, Stratford High Street, London, E15 2NE, or virtually via MS Teams.
How to Apply
The table below outlines the timetable and key dates for the recruitment process
