Board Members

Methodist Chapel Aid Ltd is a small, successful bank operating in the ethical financial services marketplace, with approximately £36 million of assets. It was established to provide loans to Christian churches and associated organisations at the lowest practicable rate of interest. It also takes deposits and holds a portfolio of investments with a market value of £16 million.

The Company is seeking to appoint a non-executive director in anticipation of a planned retirement.

It is hoped that applicants will have expertise and experience in at least one, or more, of the following areas: banking, investment management, financial accounting and / or legal. Experience of Prudential Regulatory Authority (PRA) and / or Financial Conduct Authority (FCA) compliance would be an advantage but not essential. In addition, the successful applicant will be a good team player who is in sympathy with the purposes of the Company.

Non-executive directors are expected to attend five scheduled Board meetings per year and, potentially, a number of additional committee meetings and ad hoc meetings. There may also be a requirement to attend regulatory meetings as required by the PRA and the FCA in addition to various relevant seminars and conferences.