This vacancy is closed since 07 May 2021.

Chair of the Finance & Investment Committee

Background

Founded in 1599, the Royal College of Physicians and Surgeons of Glasgow is the only multidisciplinary Royal College in the UK and home to over 15,000 physicians, surgeons, dental surgeons and specialists in the fields of travel medicine and podiatric medicine.

The College is a worldwide community of inspiring health professionals working together to advance the profession and improve patient care. Together we’re a force for good, determined to make a positive difference, and passionate about speaking up for the profession.

Our community is made up of the expertise and experience of our 15,000+ outstanding, hardworking members, supported by over 100 College staff. Together, our clinicians, all of whom give their time freely to the work of the College, and staff are committed to providing an innovative, relevant and inspiring programme of activity across the College, with the ultimate aim of enhancing patient safety.

With care and compassion at our core, our work is guided by our values of inclusivity, integrity, community, innovation, and inspiring, and we are committed to living these values and behaviours through the way we work and interact with each other.

College Strategic Goal, Purpose and Values

Our strategic goal is to be the ‘Go To’ Royal College with a stated purpose to inspire and nurture our members to deliver the highest possible standards of care for their patients through a forward looking, progressive approach to training, assessment, career support and professional development. To deliver this, we embrace the following values: pride in our heritage; professional; member focused; integrity; care and compassion; inclusive; influential and inspirational.

Purpose of Committee

The Finance & Investment Committee is being newly formed, taking over part of the role of the previous Finance, Audit & Risk Committee, as well as absorbing the responsibilities of the previous Investment Committee. Its purpose is to support the College Executive Board and the Chief Executive Officer by reviewing and making recommendations to the College Executive Board on the financial plans and financial performance of the College, staff remuneration policy, and investment policy and strategy, and implementing the College’s investment strategy with the assistance of the College’s Investment Advisors.

Overview of role

The Chair of the Finance & Investment Committee will work closely with College’s President, Treasurer, CEO and Finance Director to guide the Committee in achieving its purpose.

The Chair of this Committee will also be a Trustee of College and a member of College’s Executive Board.

This role is non-remunerated. Reasonable expenses will be reimbursed.

Time Commitment

The Chair will be required to attend a minimum of four Finance & Investment Committee meetings and six Executive Board meetings each year. The Chair may be invited to attend one or more meetings of College’s Audit & Risk Committee each year, where financial risk matters or where College’s external audit is being considered.

Additional ad hoc meetings are also likely to be required.

The Chair of the Committee will be for a maximum of two three year terms.

Person Profile

College is looking for a Chair who has:

  • Significant professional experience either as CFO or Finance Director, leading the finances of larger, relatively complex, customer focused organisations
  • Commercial experience
  • Knowledge of the charitable sector
  • Experience working with investment managers to develop and implement investment policy and investment strategy
  • The gravitas and personality to contribute effectively as a member of College’s Executive Board

Selection Process

For an in-confidence conversation regarding the role, please contact Dr Steve Graham, CEO at liz.mitchell@rcpsg.ac.uk.

CVs should be submitted to Kenneth Osborne, Finance Director, at kenneth.osborne@rcpsg.ac.uk by Friday 7 May 2021.

Interviews will be held 21 May, with appointment made shortly thereafter.

A Charity Registered in Scotland: Charity Registration Number SC000847


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