The Financial Services Culture Board (FSCB) started out as the Banking Standards Board and was established in April 2015 as a private sector body, funded by membership subscriptions. Our remit was to help raise standards of behaviour and competence across the banking sector – to provide challenge, support and scrutiny to member firms committed to rebuilding the trustworthiness of the sector.
Given the growing interest in our work from firms outside banking, we took the step in April 2021 of changing our name to the FSCB and extending our membership scope to enable firms from across the UK financial services sector to join as members.
We are looking for a committed individual to join our Board of Directors. Led by Chair Dame Susan Rice and Deputy Chair Sir Brendan Barber, the Board comprises individuals from across a broad range of civil society, as well as from within the financial services sector, all committed to the raising of standards of organisational culture across the sector. For more information please see: Our Board.
The Board is majority non-practitioner led and we are looking for a candidate from outside of financial services to bring an external perspective and add to the diversity of thought, experience and professional backgrounds around the Board table. Previous board experience is welcome, but not essential.
The successful candidate will be able to demonstrate the following:
- A professional background and experience in a sector outside of financial services
- An ability to think strategically
- Unquestioned integrity and a values-driven outlook
- The commitment to work with the Chair and Board to set the strategic direction of the FSCB
- The ability to bring an external perspective and advise the Board accordingly
- The ability to provide challenge and support to the executive team
- A strong/demonstrable interest in organisational culture
- A demonstrable commitment to Equality, Diversity and Inclusion
- Commitment to the FSCB’s purpose and values
- Be able to give the required time and commitment to the FSCB
Time commitment and remuneration
The Board meets monthly for a half-day meeting, usually at the FSCB’s offices in the City of London, but these are taking place virtually at the current time. The time commitment may increase slightly, depending on subsequent appointment to Board committees.
Remuneration for non-practitioner Board members is £20,000 per annum. Reasonable expenses incurred in the course of carrying out FSCB business will be reimbursed.
The board is fully committed to enhancing the diversity of its membership, and is therefore adopting statutory Equal Merit Provisions (Equality Act 2010) with regard to this role.
If you would like to apply, please send a CV (maximum of two sides of A4) and a supporting statement detailing how you meet the criteria for the role based on the candidate specification to: firstname.lastname@example.org. If you have any questions, or would like to discuss the role further, please contact: email@example.com.
The closing date for applications is Friday 11 June 2021.
Find out more about the FSCB