Non-Executive Director - 18 days per annum
NS&I is one of the largest savings organisations in the UK, with over 25 million customers and more than £123 billion invested. Whilst we are best known for our Premium Bonds, we also offer a range of other savings and investment products to suit a range of customer needs. All of our products offer 100% security because they are backed by HM Treasury. This is an exciting time to join the board of NS&I. We are changing the way our customers interact with us, refreshing our online presence and delivering new services for our customers, all whilst making a significant contribution to government debt financing.
We are seeking a Non-Executive Director who can help develop a sound strategy for NS&I which services the interests of Government whilst also meeting our own performance targets. As Non-Executive Director, you will play a key role in monitoring and evaluating and where necessary challenging the performance of NS&I and ensuring that effective systems exist for the identification and management of risk. You will contribute to developing the effectiveness of NS&I’s governance structure, as appropriate, giving independent assurance to HM Treasury Ministers that NS&I abides by the highest standard of business conduct.
As Non-Executive Director, you will bring independence and impartiality, with the ability to question or constructively challenge the NS&I executive. You will need strong business strategy skills, including the ability to interpret business and management information to determine business performance and improvement. You will have excellent influencing and communication skill as well as the ability to build effective and constructive relationships both internally and externally.
The successful candidate must bring significant senior experience of developing and implementing IT strategies and digital customer experience, ideally gained in a retail environment.
The role is a pseudo Senior Manager function 10 and 11 under NS&I’s shadow Financial Conduct Authority Senior Manager regime.
The appointment, made by HM Treasury will be for an initial term of three years. The Treasury is committed to diversity and welcomes applicants from all backgrounds.