We are currently working with Business Enterprise Fund who are looking to appoint two additional, high quality, non-executive members to the Board. Business Enterprise Fund is a not-for-profit social enterprise, set up to provide loans to SME businesses that will help them thrive and grow when other lenders can’t fully assist.
The role of a non-exec Board Director is to be part of a team of directors who jointly make decisions and set the strategy and culture of BEF, ensuring that the company pursues its social mission and complies with the regulatory framework that applies at the time. Headed by the Chair of the board the non-executives will provide support for the chair and CEO to ensure that the organisational goals are set and delivered. The board will have a primary objective to ensure that the company applies its treating customers fairly policy (TCF) and that the staff and managers of the company operate within the culture and social mission defined and set by the board.
Ideally NED’s will have experience of working within a regulated services environment, have a good understanding of SME commercial businesses and the ability to set strategic direction and work collaboratively as part of a team. It is important that you are passionate about working with a social enterprise and have a good understanding of the positive impact they have on local communities.
We are looking to appoint 2 NED’s and it would be useful if you were able to demonstrate experience in one of the following areas:
- Strong commercial acumen and an experience of working with or in an SME environment at a senior level.
- Senior Marketing strategy experience
- Entrepreneur with a successful track record of achievement throughout their career
- Professional Advisory experience
As an NED you will be expected to attend 1 meeting per month for around 5 hours, there is a modest remuneration for this role of £4k pa and such out of pocket expenses as may be incurred in attending meetings or events on behalf of the organisation.
These roles offer a fantastic opportunity to shape and support Business Enterprise Funds vital work and make a real difference to local communities. If you are as excited about a role of this nature to be part of a highly committed and supportive board, then we look forward to hearing from you.