The OfS board is seeking to recruit a new member to its Risk and Audit Committee in autumn 2021.
The Risk and Audit Committee considers the effectiveness of processes relating to corporate governance, risk management and internal control at the OfS and assures the OfS board and Accounting Officer that these are being properly applied.
It supports the organisation to deliver its ongoing business activities, including its regulatory obligations. The committee:
- reviews all areas of risk management and seeks assurance on current and emerging risks, including carrying out "deep dives" into key risks. It supports the OfS board in its own discussions on risk and risk appetite
- is closely involved with the work of the Head of Internal Audit and considers the outcomes of their reviews of the internal control processes at the OfS and monitors progress on the implementation of any recommendations identified in these reviews. The committee provides advice to OfS management on the setting of the annual internal audit plan and any in-year changes to the plan
- considers the OfS’s accounts, both at interim and final audit stage, and seeks assurance that recommendations arising in previous audits have been dealt with by management. (As a public sector body, the National Audit Office (NAO) acts as the OfS’s external auditor and the NAO provides its audit opinion to parliament).
We seek an individual with experience in these areas, and with knowledge and experience of financial accounting or auditing and working effectively at a senior level in a complex organisation.
We challenge ourselves to fulfil the commitments set out in our mission and values, to include a range of voices in our work and widen the diversity of our committees within the requirements of the equality and human rights legislation.
We recruit based on fair and open competition and welcome applications from candidates regardless of age, disability, race and ethnicity, gender reassignment, marriage and civil partnership, pregnancy and maternity, religion or belief, sex, sexual orientation and socio-economic background.
We particularly welcome applications from disabled candidates and from black, Asian and minority ethnic candidates who are currently underrepresented in relation to our diversity aspirations for committee appointments.
See the Risk and Audit Committee vacancy.
Further information, including the person specification and the committee’s authority, is available in the candidate information pack.
You will be asked to complete a statement outlining your experience and addressing the essential criteria for the role. These are fixed-term appointments for two or three years, and a fee for attendance at meetings and expenses may be claimed.
Closing date: 0000 on Sunday 4 July 2021.
Interviews: Tuesday 7 September 2021.