The board is the governing body of CFA Society of the UK (CFA UK or the society) and its members are statutory directors of the society. As a board member, you’ll directly contribute to the society’s success by bringing your expertise, insights, and commitment to help CFA UK meet its strategic objectives. You’ll collaborate with fellow board members and the staffed office to develop strategic plans and policies.
Purpose
• To set the society’s strategic direction.
• To oversee the running of the society’s activities, ensuring that its finances and resources are well managed.
• To ensure that the society furthers the interests of members and the investment profession.
• To govern the society in accordance with company law and its Articles of Association
• To act as board liaison for at least one committee
Responsibilities and activities
• Prepare for and attend one board meeting per quarter (generally held in London on a Tuesday evening but also accessible remotely), a longer annual strategy meeting in person and the society’s annual general meeting.
• Undertake other volunteering roles as appropriate, for example as a member or chair of one or more of the society’s committees and/or as an officer of the board.
• Attend society and CFA Institute events in order to represent the board and the society and to engage actively with our members.
• Undertake an initial induction programme and subsequent development activities in order to ensure you have, and keep up to date, the right knowledge and skills to perform the role.
• Commitment for an expected term of six years.
• Act as a statutory director of the society, comply with the general duties of directors, acting with integrity and upholding the board’s code of conduct.
Who are we looking for?
Qualifications
• A Regular Member of the society, but you do not need to be a charterholder.
The nominating committee (which oversees the nominations and selection process for this role), having reviewed the balance of the board, has identified the following priorities in recruiting for this role. Nominees do not, however, need to have all of the following:
Essential skills, knowledge, and experience
• Willingness to contribute actively to board meetings and to be involved in other committees’ work.
• Able to work as part of a team and on occasion lead a small sub-group to complete tasks.
• Ability to think strategically and provide oversight and challenge. Cognitive diversity is actively encouraged.
• Self-motivated to follow through on tasks between meetings.
• Desire to show courtesy and respect to other members of the board, volunteers, members and staff.
• Society knowledge gained through other volunteering activities or experience of building community within a membership organisation.
Desirable skills, knowledge, and experience
• Board and governance experience, although a full induction and on-going development opportunities will be provided to help develop appropriate skills and knowledge.
• Experience/exposure in the asset management sector.
• Financial oversight – ensuring effective governance and oversight of an organisation’s financial position, resources and prospects and its system of controls and risk management.
• IT/digital transformations.
• Change management.
• An understanding of how those working across the investment community acquire skills and knowledge through qualifications, professional learning and training and experience in assessing educational needs and opportunities.
The board is committed to enhancing the diversity of its membership including diversity on the basis of gender, geographic origin, ethnicity, age and other factors.
What you will gain:
• Satisfaction from making a difference to the long-term strategy and prospects of CFA UK.
• Deeper insight into the society and CFA Institute.
• Enhanced profile from being part of the CFA UK board.
• Development of your leadership and governance skills through our board induction programme and other development activities.
• Recognition for your contribution in shaping and delivering services to the membership.
• The “shared experience” of volunteering – you can learn more about what to expect from volunteering in our FAQs.
Deadline for applications: 10 June 2024
Note the deadline may be extended by the nominating committee if, for example, the pool of nominations received by the above date is not considered sufficient.
Initial interviews for shortlisted nominees are anticipated to be held from 20 June 2024 onwards. It is intended that all nominees will be contacted by end of June 2024.