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SalaryThe Financial Services Compensation Scheme (FSCS) is the UK’s compensation scheme for financial services, helping people get back on track by protecting them when authorised financial services firms fail. FSCS is an independent free service which covers all regulated financial services in the UK. The Scheme protects: deposits in banks, building societies and credit unions; insurance policies; some investments and investment advice; insurance broking; mortgage advice; self-invested personal pensions (SIPPs); pensions advice; payment protection insurance (PPI); debt management plans; and pre-paid funeral plans. FSCS’s mission is to provide customers with a trusted compensation service which helps raise public confidence in the UK financial services industry.
One of FSCS’s Board members is stepping down in mid-2024, so FSCS is now seeking a new non executive director (NED). This is an opportunity to make a real contribution to the strategy and overall direction of the organisation and to add personal value by providing constructive challenge to the Chief Executive and the Executive Team.
The NED role carries responsibilities that will suit individuals possessing sound knowledge of the mechanics of the financial services industry and its impact on customers. The ideal candidate will bring meaningful experience of one or more of the following areas: technology, data, digital and cyber services; people and culture transformation programmes; consumer affairs. Candidates will bring a strategic mindset and strong interpersonal and communication skills. They will have a good understanding of what it means to hold a board position in a public organisation. The successful candidate will be able to grasp a wide range of complex issues with the readiness to listen to the views of others. They will challenge constructively, have exceptional judgement and a high level of integrity.
Saxton Bampfylde Ltd is acting as an employment agency advisor to the Financial Services Compensation Scheme on this appointment. For further information about the role, including details about how to apply, please visit www.saxbam.com/appointments using reference QFVH. Alternatively telephone +44 (0)20 7227 0880 (during office hours). Applications should be received by noon on Wednesday 8th May 2024
