Secretary

Secretary

Trustee/Governor
J99401
At a glance

Skills

  • Financial management
  • Legal

Where

Brighton and Hove, BN3 3BQ
Mainly at home
Travel limit? Need to live work or volunteer in Brighton & Hove, East Sussex , Kent or Medway

Time

Mostly outside office hours Estimate of time needed:
0-5 hours / month
This is a permanent opportunity

Wave Community Bank is the largest community credit union in the southeast corner of England providing safe savings, affordable loans and financial education to a population of up to 3 million.

What will you be doing?

Role:

Oversee the regulatory, legal, and governance requirements of the community bank

Keep abreast of imminent and potential changes in the legal/regulatory compliance requirements

Give regular legal and regulatory updates, and advice to the board on how to respond to changes.

Work with the Credit & Risk subcommittee to take an active role in overseeing the risk management of the community bank

Oversee the performance, dynamics and skills of the board and make recommendations to improve this.

Work with the CEO and Governance Officer to ensure WCB maintains adequate minutes records etc and

complies with all deadlines for submitting regulatory returns

Sign legal documents on behalf of WCB

Person Spec

The successful candidate must live or work in Brighton & Hove  East Sussex or Kent or Medway or be a member of UNITE  South East Region 

Experience of legal, regulatory compliance work at a strategic level, ideally in financial services including a good knowledge of Consumer Duty requirements

Ability to commit to attending 6 board meetings (usually hybrid – early evening) and 4 Credit & Risk subcommittee meetings per year

Access to, or willingness to access information to keep up to date with relevant changes.

Good communication skills to be able explain potentially complex issues and provide challenge to the board, where appropriate.

  

What are we looking for?

Experience of legal, regulatory compliance work at a strategic level, ideally in financial services including a good knowledge of Consumer Duty requirements

Ability to commit to attending 6 board meetings (usually hybrid – early evening) and 4 Credit & Risk subcommittee meetings per year

Access to, or willingness to access information to keep up to date with relevant changes.

Good communication skills to be able explain potentially complex issues and provide challenge to the board, where appropriate.

What difference will you make?

We are membership organisation, are regulated by the FCA and PRA and all members’ savings are protected by the Financial Services Compensation Scheme (FSCS). We are looking for a Secretary to support our ambitious board and our skilled management team to expand our membership, whilst ensuring we meet all our regulatory requirements. WCB is committed to improving financial resilience of members in the South East of England. We have just acquired a credit union in Kent so have ambitions to reach more people with our services See our  Social Impact Report. This role contributes to ensuring we are compliant with our regulatory requirements and good governance  

Before you apply

Please apply through Reach in the first instance with a CV

Causes
  • Financial inclusion
  • Poverty relief
  • Organisation type: 
    Society, cooperative or credit union

    Wave Community Bank aims to provide a high quality, sustainable and easy-to-access savings and loans co-operative, which is responsive to the needs of the people of East Sussex and actively...