Audit & Risk Committee Member

Overview

A UK-based housing provider is seeking to appoint an Independent Audit & Risk Committee Member to support the organisation’s governance, risk management, and internal control frameworks.

This role offers an opportunity to contribute independent judgement and constructive challenge at Board level within a regulated environment, ensuring strong financial oversight and effective risk management in support of delivering high-quality services to communities.

Objectives of the Engagement

The Audit & Risk Committee Member will:

• Provide independent scrutiny of risk management, internal controls, and governance frameworks
• Review and challenge the organisation’s risk register and assurance processes
• Support the Board in maintaining strong financial oversight and regulatory compliance
• Contribute to continuous improvement in governance and risk practices
• Provide constructive challenge around organisational risk appetite and change

Scope of Responsibilities

1. Audit & Risk Oversight

Review and assess the effectiveness of internal control systems and risk management frameworks

Oversee external audit processes and ensure independence and effectiveness

Provide scrutiny of internal audit arrangements and findings

2. Governance & Compliance

Ensure compliance with regulatory and statutory requirements

Monitor arrangements relating to fraud, whistleblowing, and value for money

Support the development and enhancement of governance practices

3. Committee & Board Engagement

Attend and actively contribute to Audit & Risk Committee meetings (typically quarterly)

Report key issues, risks, and recommendations to the Board

Participate in wider Board discussions where required

Audit & Risk Committee

Member

Deliverables / Outcomes

The Audit & Risk Committee Member will:

Provide clear, independent challenge and assurance to the Board

Strengthen governance, risk management, and internal control processes

Support transparency, accountability, and regulatory compliance

Contribute to effective decision-making through insight and oversight

Candidate Profile

Experience

Senior-level experience in audit, risk, finance, or governance

Strong understanding of risk management and internal control frameworks

Experience within a regulated environment (e.g. housing, public sector, financial services)

Ability to analyse and interpret financial statements and audit findings

Experience contributing at Board or Committee level (or equivalent senior forum)

Skills & Competencies

Independent judgement with the ability to provide constructive challenge

Strong analytical and critical thinking capability

High levels of integrity and professionalism

Effective communication and stakeholder engagement skills

Commitment to equality, diversity, and inclusion

Reporting / Engagement

The Audit & Risk Committee Member will work closely with:

Chair of the Audit & Risk Committee

Board members and executive leadership team

Internal and external auditors

Remuneration

Fixed annual fee (aligned to sector benchmarks)

Reasonable expenses reimbursed

Time commitment: 2–4 days per month

Term of Appointment

Initial term of three years (with potential for extension)