Terms of Appointment
Eligibility
The postholder must be a member of RICS in good standing.
Remuneration
The role is remunerated at £80,000 per annum; all reasonable expenses reimbursed in line with expenses policy.
Time Commitment
The role is anticipated to require approximately 65 days per year including but not limited to:
- Six Board meetings per year with the potential for additional ad-hoc meetings during the year.
- Preparation for Board meetings including agenda planning and reviewing papers.
- Preparation for and attendance at six Governing Council meetings per year to report on the performance of RICS Board and RICS and to present recommendations from RICS Board for consideration.
- Preparation for and attendance at four Standards and Regulation Board meetings per year as a standing attendee.
- Preparation for and attendance at four Nominations and Remuneration Committee meetings as a member of the Committee.
- Regular meetings with the Presidential Team (President, President Elect and Senior Vice President), Chief Executive, Chair of the SRB, Senior Independent Governor, and the Chairs of the Board committees.
- Annual objective setting and appraisal of the Chief Executive, Chairs of the Board Committees and Board members. In carrying out these appraisals, the incumbent will seek input from the President, members of Governing Council and the RICS Board as appropriate.
- The Chair’s own annual appraisal will be carried out by the President with input from the Senior Independent Governor, members of the Board and Governing Council and others as appropriate.
- Attendance and participation at the AGM.
- Participation in appointment panels (as required) to appoint members of the Board and Chairs of the bodies that report directly into Board.
- Engagement with the Board through the online virtual community as required.
- Visible presence around the organisation and engaging with employees.
Location
Meetings for all governance bodies relevant to this role are held in London, Birmingham or by remote means. The incumbent is not required to be based in the UK; however, it is expected that the incumbent will attend some, if not all, meetings in person, spend time in the RICS’ offices with members of the executive team and employees and be available to meet with members and other stakeholders in person as required.
Length of Appointment
This appointment is offered on a term of three years with scope to be reappointed for an additional three years up to a maximum of six in total.