About the role
The OIA has recently implemented revised governance arrangements to move to a Board fully appointed through open recruitment based on skills, experience and perspectives.
In this recruitment we are looking for two Non-Executive Directors with a lay perspective capable of combining general governance responsibilities with their skills and experience to contribute to the leadership of the OIA. Experience of the Charitable Sector would be an advantage.
In this recruitment round we are particularly looking for candidates with digital transformation and people with legal expertise.
Our Articles enable us to remunerate up to eight Directors for individuals who are not otherwise remunerated for their time on business relating to the OIA (for example by their employer) and we pay up to £340 per day. Please indicate in your application if you would be seeking remuneration for this role
Role description
The Board sets the overall strategic direction for the OIA and leads on our vision and values. It oversees the planning, development and performance of the OIA Scheme.
The Board’s responsibilities include preserving the independence of the Scheme, governance oversight of the performance and effectiveness of the Scheme, the appointment and performance of the Independent Adjudicator and the Chief Executive, approving the annual budget and setting subscriptions levels, ensuring that the risks facing the organisation are properly managed, and approving the Scheme Rules. The Board’s responsibilities are set out in the Articles of Association. The Board is not involved in the review of students’ complaints.
Non-Executive Directors are expected to:
- attend Board meetings (normally four each year) and an Away Day
- serve on up to two Board Committees,
- be willing to share their expertise outside of Board and Committee meetings from time to time, if asked
- read Board and Committee papers in advance of meetings and come prepared to ask questions, to share thoughts and expertise, and to listen to others.
- keep a strategic perspective and promote the long-term success of the organisation.
- support decisions once they have been reached.
- respect confidentiality.
Non-Executive Directors are normally appointed for a three-year term, renewable for a further three years. To stagger Board turnover, we may offer a first term of two-years which would then be renewable for a further three years.
Non-Executive Directors can generally expect a time commitment of around five to seven days per year. This will be a mix of in person (usually two Board meetings and a Board Awayday) and on-line meetings (other Board and Committee meetings).