Scripture Union England and Wales
Volunteer Member – Audit & Finance Committee (Investment Oversight)
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Are you a committed Christian with professional investment experience who has a heart to see a new generation develop a vibrant faith in Jesus Christ?
We are seeking a volunteer with professional investment experience to join our Audit & Finance Committee, supporting the Board in its responsibility for financial oversight, governance and assurance.
This role would suit someone who has worked as an investment consultant, investment manager, or in a similar advisory capacity, and who can bring independent expertise to strengthen the Committee’s oversight of our investment arrangements.
About the role
Scripture Union holds investments of approximately £1.9 million (including a capital endowment of around £0.65 million) and a further c.£0.8 million held in cash or cash-equivalent deposits to support liquidity needs. These invested assets are managed externally by Rathbones through charity-specific pooled investment funds. Investment decisions are made in line with our ethical investment policy, which ensures that funds avoid sectors inconsistent with our Christian values.
As part of a broader remit covering financial reporting, internal controls, audit, risk management and compliance, the Committee also plays a key role in:
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- Reviewing and approving our investment policies;
- Monitoring the performance of the investment management, making recommendations to the Board where appropriate.
In this context, you will help the Committee:
- Monitor the performance of our funds managed by Rathbones;
- Provide constructive challenge on investment performance and reporting;
- Support the Committee in reviewing whether the current investment strategy and asset mix remains appropriate;
- Contribute to providing assurance that there is a robust level of due diligence, oversight and governance in place.
This is not a fund management role. Instead, it is a governance role focused on independent scrutiny, challenge and assurance, as part of the Committee’s wider responsibilities for financial performance, control and risk management.
What you will bring
We are particularly interested in candidates with:
- Experience as an investment consultant, investment manager, or similar;
- Strong understanding of investment performance, asset allocation and risk;
- Experience of reviewing investment manager reports and providing insight at a strategic level;
- The confidence to provide constructive challenge within a committee setting;
- The ability to support non-specialists in understanding complex investment matters; and
- A strong interest in supporting good governance and stewardship of charitable resources.
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Previous experience of charity governance or committee membership would be helpful but is not essential.
Commitment
This is a voluntary role. The Committee usually meets four times a year with additional preparation time required to review papers in advance.
You will play an important role in supporting the Committee to fulfil its responsibilities for financial oversight, risk management and investment governance, helping to ensure the charity’s resources are managed effectively and responsibly.
How to Apply
If this sounds like you and you meet the requirements, please apply via Charity Job: Volunteer Member – Audit & Finance Committee (Investment Oversight) | Scripture Union | CharityJob
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