The role of a non-executive Director at Charity

Bank is to support and challenge the CEO and

executive management and to drive strategy

by assisting and guiding them in achieving the

aims of Charity Bank. The leadership of the

board is critical to the long-term success of

Charity Bank.

Charity Bank is entering an exciting new

growth phase focused on delivering positive

social changes. As such, we are seeking

to appoint two new NEDs with extensive

experience in the banking sector, who can

contribute to the development of Charity

Bank’s strategy and offer their expertise and

insight across one or more of the following

areas:

 • Risk management and compliance

• Finance, audit, internal controls

• IT and innovation

• Deposits and operations/process

improvement.

• M&A and capital raising

In addition, we are looking for candidates who

have knowledge and understanding of the

charity and social enterprise sector and ideally

have experience with social investment.

The candidate will be expected to participate

fully in Board meetings, seeking to ensure the

interests of the social sector are balanced

with the needs of a regulated bank. The

candidate will be expected to sit on one

of the Audit or Risk sub-committees and

also to act as an ambassador for Charity

Bank, representing and promoting it to

external stakeholders and other contacts as

appropriate.

Our objective is to cultivate an inclusive

workplace and contribute towards creating

a more equitable society that values

diversity, ensuring all individuals, regardless

of their background, enjoy fairer access

to opportunities, resources, and support

to thrive. We aim to have a diverse board,

leading this mission. We hope this role will be

interesting, challenging and rewarding for the

appropriate candidate, with the opportunity

to truly impact the future of our organisation.

One of the two NEDs will be representing

Better Society Capital (BSC) on the board of

Charity Bank. BSC is Charity Bank’s majority

shareholder and is the leading social impact

investor in the UK dedicated to growing

investments that tackle social issues and inequalities.

Directors are individually and collectively

responsible for ensuring that Charity Bank

complies with its governing documents,

company law, shareholder and other relevant

agreements, and all relevant legislation,

regulation and policy. Thorough training on

these issues will be provided.

The candidate will be expected to perform

all such additional duties as are reasonably

commensurate with the role, as agreed from

time to time with the Chair of the Board.

The candidate is expected to demonstrate the following:

Personal Qualities

• A strong and visible passion and commitment to Charity Bank, its strategic

objectives and social mission.

• Good independent judgement, impartiality and the ability to think creatively

in the context of Charity Bank and the external environment.

• Tact and diplomacy, with the ability and willingness to listen but also to

challenge constructively.

• Ability and willingness to commit time to perform the role effectively.

• Ability to foster and promote a collaborative team environment and respect

the confidences of colleagues.

Experience

Essential

• Extensive experience in the banking sector.

• Experience of operating at a senior level, reporting directly to a Board and

with a strong focus on risk management and/or internal controls within a

regulated environment.

• Strong communication and leadership skills, ability to work with others and

contribute as a team player.

• Commitment to furthering equity, diversity and inclusion.

Desirable

• Experience across one or more of the following areas:

• Risk management

• Internal controls

• Finance and audit

• IT and innovation

• Deposits and operations / process improvement

• Board committee experience.

• Commitment to the charity/social sector, and the ability to bridge the

banking/finance sector with the social sector.

• Expertise in M&A and capital raising.