Board Member and Chair of Audit and Risk Committee, Bromford Housing Group

Wolverhampton, Tewkesbury and Chipping Sodbury

£13,000 per annum (under review) and all reasonable travel expenses

About Bromford

As one of the biggest housing associations in the country, with over 44,000 homes spread across central and south west England and 100,000 people who live in our homes, Bromford are transformative for customers and whole communities. Years of careful planning mean we have a strong financial core, backed up by one of the leading credit ratings in the housing sector. This gives us the confidence and drive to build more of the new homes this country needs, with a further 14,000 planned over the next decade.

All of this is possible because of 1,900 tremendous people who work here. Although we are a large and geographically dispersed organisation, we genuinely care about all of our colleagues. Our aim is to achieve an Annual Great Places to Work score of 78% by 2023.

Our board works well. We have a strong, open culture and a one team approach with our executive colleagues. We also have strong governance – we comply with the Corporate code of Governance and are rated G1V1 by the Regulator of Social Housing.

About the role

Our current Board Member and Chair of Audit and Risk Committee, Richard Penska will be time-expired in November 2021. As part of our succession plan, we are seeking a new board member who will have a thorough induction and hand-over period with a view to taking over as Chair in Summer 2021

This is a crucial appointment for Bromford. The Chair of Audit and Risk role is essential for good corporate governance and the postholder will have far-reaching access, including into the heart of our business.

We are looking for a qualified accountant who has operated in a regulatory environment and is used to dealing with the scale of our complexity and risk profile. Equally importantly, the successful candidate will have the leadership skills, vision and tenacity to raise and deal with tough issues and support other members to do the same.

Personal characteristics such as intellectual curiosity will also be important in this role because a thorough understanding of our business and ability to ask the right questions is essential.

As a comprehensive induction process is planned previous non-executive experience is not considered to be vital. However, chairing experience is essential as is the ability to remain objective and not stray into executive mode. We are not looking for people solely interested in developing a NED portfolio career, we think a maximum of one role in addition to Bromford is plenty.

The time commitment for this role is approximately 2-3 days per month. There are ten Board meetings a year and these are held during the day (sometimes with dinner on the preceding evening). We used to rotate around our offices in Wolverhampton, Tewkesbury or Chipping Sodbury, but meetings are likely to be in Tewkesbury for the foreseeable future.

There are five Audit and Risk Committee meetings per year which are held during the day. These meetings are currently held virtually and this is likely to continue for the majority of meetings. A desire to travel across our geography is essential for this role.

Bromford is an open, diverse and inclusive organisation. Bromford’s approach to diversity supports everything else we are committed to do. We will provide products and services to fit people. We will creatively seek ways to say yes.

We expect leaders on the Board to demonstrate a personal commitment to valuing, recognising and responding to diversity. We are also committed to ensuring that we represent our customer base and the areas we recruit in. This is as true in the Boardroom as it is anywhere at Bromford. We are, therefore, keen to increase the diversity of our Board so that we can better understand and connect with our customers and continue to champion diversity.

Further information

For further information please download and review the recruitment pack. If, having read the pack, you would like an informal and confidential discussion about this opportunity, please contact:

  • Sarah Palmer, Head of Recruitment – mobile: 07806 602933, email: palmer@altairltd.co.uk
  • Fiona Underwood, Chief Executive, Altair mobile: 07788 643092, email: underwood@altairltd.co.uk

How to apply

To apply for this role please complete our online registration form attaching the following documentation:

  • A detailed CV of no more than 2,000 words, including details of positions held and dates (including achievements of relevant to a non-executive position)
  • A supporting statement of no more than 1,000 words, explaining your motivation in applying for this position at Bromford and addressing how you meet the competencies outlined in PART ONE of the Person Specification
  • Full contact details (name, job title, organisation, phone and email) for two referees (including your current employer if applicable). Please note that we will not take up references without your prior permission

The closing date for applications is 10:00am Monday 5 October 2020. Your application will be acknowledged and treated with strictest confidence.

Download the required files

Please download: Recruitment Pack