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External Member(s) – Resources, Audit & Risk Committee (RARC) and Remuneration Committee

The role is not remunerated but necessary expenses will be paid.
Post Type: Part Time
Closing Date:  23.59 hours BST on Monday 29 July 2019
Reference:  16-2019

IDS is pleased to offer the opportunity to join our Resources, Audit and Risk Committee and our Remuneration Committee as an external member.

As an external member you will have a good understanding of financial, legal and regulatory compliance, risk management, and remuneration and reward. The successful candidate will have previously held senior HR or financial professional role(s) and have a strong commitment to the work and values of IDS. 

Ideally one individual will fill both roles, however, IDS would be willing to consider applicants who only wish to hold one of the two positions.


Time Commitment (RARC)

The estimated time commitment for the role is approximately six days per year including attending three meetings per year.

Term of Office (RARC)

The external member shall be independent and shall be appointed by the Board for a term of office of up to four years (subject to annual review by the Board); and can be reappointed for a further term, not exceeding eight years in total. 

Time Commitment (Remuneration Committee)

The estimated time commitment for the role is approximately three days per year including attending two meetings per year.

Term of Office (Remuneration Committee)

The external member shall be independent and shall be appointed by the Board for a term of office of up to four years (subject to annual review by the Board); and can be reappointed for a further term, not exceeding eight years in total.


Job Description (RARC)

Primary Purpose of the Role

To provide advice and engage in the business of the Resources, Audit and Risk Committee.

Main Duties of the Committee

  • To maintain an overview of the financial health and performance of the organisation.
  • To provide assurance to the trustees that mechanisms and systems are in place for the effective management of all resources (human, physical, financial, IT) and that the Institute has an adequate risk management framework and internal control environment. 
  • To advise on progress towards the strategy goals.

Membership of the Committee

  • A Chair who is a Trustee but who is not also the Chair of the Board or the Chair of the Programme Advisory and Review Committees. The Chair of the Committee must be UK-based.
  • The Chair of the Board.
  • At least two other Trustees (at least one of whom will also be a member of the PARC).
  • Between one and three members external to the Institute, appointed by the Board on the recommendation of the Nominations Committee, to include two members, with strategic expertise in financial matters, human resources or other operational areas; to serve terms of between two and four years, renewable for up to eight years in total. 

Skills and Knowledge

  • A good understanding of relevant issues of financial, legal and regulatory compliance.
  • A good understanding of risk management.
  • Held senior HR or finance professional roles.
  • Finance or HR qualification.
  • A strong personal commitment to the work of the Institute and its values.
  • Excellent communication skills.
  • Impartiality and good independent judgement.
  • Diplomacy, integrity and sensitivity.
  • A commitment to diversity and equality.
  • Sensitivity to confidentiality.


Job Description (Remuneration Committee)

Primary Purpose of the Role

To provide advice and engage in the business of the Remuneration Committee.

Main Duties of the Committee

  • To maintain an overview of senior staff remuneration
  • To determine the remuneration of the Director
  • To determine the remuneration of the most senior staff, taking account of recommendations from the Director
  • To offer advice on any other matter of staff reward brought to it by the Director and Company Secretary
  • To determine arrangements for assessing individual performance for the senior staff and the Director
  • To consider any other relevant matters put forward by the Director or Company Secretary

Part of the Committee’s business shall be conducted in closed session.

Membership of the Committee

  • The Committee shall be chaired by a member of the Board of Trustees
  • The Chair of the Board
  • The Chair of the Resources, Audit and Risk Committee
  • A member external to the Institute (this role)
  • An additional Board member

Skills and Knowledge

  • A good understanding of relevant remuneration and reward issues
  • Held senior HR or finance professional roles
  • A strong personal commitment to the work of the Institute and its values
  • Excellent communication skills
  • Impartiality and good independent judgement
  • Diplomacy, integrity and sensitivity
  • A commitment to diversity and equality
  • Sensitivity to confidentiality

To apply for the role(s) please email your CV plus a brief covering letter to Mr. Tim Catherall (Company Secretary) at T.Catherall@ids.ac.uk

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