Job Title: Non-Executive Director (NED) - Audit

Location: London

Reports to: Board of Directors

Role Overview: My client, an International Bank, is seeking an experienced Non-Executive Director (NED) to join our Board and chair the Audit Committee. The ideal candidate will have a minimum of 5 years of experience as a NED and hold the SMF 2 function. This role is critical in ensuring the integrity of our financial reporting and the effectiveness of our internal controls and risk management systems.

Key Responsibilities:

• Chair the Audit Committee and oversee its activities.
• Provide independent oversight and challenge to the executive management on audit and financial matters.
• Ensure the integrity of financial statements and compliance with regulatory requirements.
• Review and monitor the effectiveness of the internal audit function.
• Oversee the relationship with external auditors, including the appointment, performance, and independence of the auditors.
• Assess the effectiveness of internal controls and risk management systems.
• Ensure the bank's compliance with legal and regulatory requirements.
• Provide strategic guidance and support to the Board on audit and financial matters.
• Participate in Board meetings and contribute to the overall governance of the bank.
• Commitment of 14 days of meetings per annum with 30 days overall commitment

Qualifications:

• Minimum of 5 years of experience as a Non-Executive Director.
• Must hold the SMF 2 function.
• Extensive experience in audit, risk management, and financial oversight.
• Strong understanding of regulatory requirements and corporate governance.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to provide independent judgment and constructive challenge.
• Experience in the banking or financial services sector is preferred.

Personal Attributes:

• High level of integrity and ethical standards.
• Strong leadership and decision-making abilities.
• Ability to work collaboratively with other Board members and executive management.
• Commitment to continuous professional development.