Independent Member of Audit and Risk Committee

Independent Member of Audit and Risk CommitteeBirminghamJob PurposeThe Gambling Commission (the Commission) regulates the people and businesses that provide gambling in Great Britain, including the National Lottery. To help maintain high standards of probity and integrity expected of a public body, the Commission’s Audit and Risk Committee are seeking an independent member with experience and qualifications in audit, accountancy and/or risk management.As the independent member of the Committee, you will bring an external perspective, constructive challenge, and additional scrutiny to the work of the Committee. The independent member will be a full member of the Committee and will work with other Committee members, the Accounting Officer and other members of the Commission's Executive Team to provide clear direction and challenge to steer the organisation and maintain high standards.The Audit and Risk Committee supports the Board of Commissioners and Accounting Officer in their responsibilities for issues of control, governance, risk management, audit and associated assurance. It meets at least five times a year, generally in February, May, June, October, and December. Meetings are held remotely or at the Commission's office in central Birmingham and are attended by the Chief Executive, senior Executives of the Commission and both internal and external auditors.The appointment will be for an initial fixed term of three years, with the possibility of a three-year extension. The role will be paid £300 per day. Travel costs will be reimbursed.Key ResponsibilitiesThe independent member of the Audit and Risk Committee has specific responsibility to:- prepare for and attend meetings of the Audit and Risk Committee plus any related ad hoc meetings that may be scheduled- actively contribute to the Audit and Risk Committee; supporting, advising, and challenging the workings of the Commission- bring an independent and external perspective to the Audit and Risk Committee- keep up to date with developments in the areas of audit, accounting, risk management/internal control, reporting and governance in order that this may be reflected in discussions at the Audit and Risk Committee- ensure the Committee is best placed to achieve its aims in an appropriate mannerYou can read more about the Audit and Risk Committee in the terms of reference on our website.Person SpecificationEssential:- a recognised qualification in the field of accountancy (for example ACA, ACCA, ACMA or CIPFA) or risk management (for example MoR or an accredited IRM qualification)- senior professional experience of financial management or audit or risk management- executive or non-executive board level experience- experience of participating in decision-making meetings, providing concise, clear and professional challenge- excellent communication and influencing skills- a commitment to creating an open atmosphere that welcomes input from everyone- the ability to provide advice and objective challenge as part of the Committee's deliberations- a willingness to act collegiately with other members and to take collective responsibility for decisions- a commitment to building an understanding of the work of the Commission and the government structures, accounting and audit procedures in which we operate- IT literacy, including familiarity with meetings via Microsoft Teams or similarDesirable:- experience of regulation- an understanding of the gambling sector- experience of the public sectorThis role is on the prohibited list for the National Lottery.ConductYou will be expected to demonstrate high standards of personal conduct and adhere to the Commission's Code of Conduct. Applicants must also confirm that they understand and can apply the standards of probity required by public appointees outlined in the Seven Principles of Public Life.About Us:Set up under the Gambling Act 2005, the Gambling Commission is committed to safeguarding the public against any detrimental impact brought about by gambling. We do this by keeping crime out, protecting children and vulnerable people and ensuring the commercial gambling industry is run fairly and openly. We work with the legal system, the public health system, community groups and the industry itself to understand how we can protect the interests of as many people as possible, as effectively as possible.The closing date for this role is 6th November 2024. Interviews will be held on 22nd November.PLEASE NOTE: ensure you have the right to work in the UK before applying. We are unable to provide sponsorship for visas currently.Incomplete applications will be discounted from shortlisting. Please ensure your application is fully completed and submitted before logging out of your account.We reserve the right to change the closing date depending on the number of responses received. Please submit your application as soon as possible to ensure it is considered in the selection process.As the regulator of the National Lottery, there are some roles within the Commission that are prohibited from playing the National Lottery. This does not affect your family playing. We will let you know at interview if the role you have applied for is on the Prohibited List.This vacancy is being advertised by Webrecruit. The services advertised by Webrecruit are those of an Employment Agency.