Non-Executive Directors – Uniting Financial Services Board

Treasury and Investment Services (TIS), a Board of the Synod of NSW and the ACT of the Uniting Church in Australia, operating through The Uniting Church (NSW) Trust Association Limited trading as Uniting Financial Services (UFS) seeks at least two non-Executive Directors for an initial three-year term. These are paid positions.

Skills Sought     

Financial Services (treasury, banking, investments). Of particular interest are applicants with investment management, credit management, corporate strategy, risk, audit or business development skills.

Role of the Board            

TIS through UFS provides financial leadership and support to all the entities of the Uniting Church in Australia, Synod of NSW and ACT, managing the Church’s financial assets and providing oversight of the Church’s investment strategy. Current funds under management are $1.6 billion.

UFS’s mission is to provide disciplined ethical investment with a heart for the Church’s mission. “The Church” includes organisations such as local congregations, parish missions (e.g. Wayside Chapel, Parramatta Mission), aged care and early learning.

Annual distributions from UFS are a large source of income for the Synod highlighting the pivotal role of UFS within the Church.

UFS is not subject to oversight by APRA but chooses to operate as far as possible within APRA guidelines and expectations. To this end, considerable investment continues to be made in the maintenance of an integrated risk and compliance regime and the UFS management team operates within a management and compliance framework similar to that found within internal treasury operations of large commercial entities.

UFS is a separately incorporated entity (a company limited by guarantee) governed by a Board of Directors, elected because of their skills, experience and acumen. A majority of directors must be members of the Uniting Church.

The Board meets monthly during working hours. Board members typically serve on two or more sub-committees, the meetings for which are typically held on the same day as Board meetings.

Making a contribution to the organisation

With the recent retirement of Non-Executive Directors, the opportunity exists for at least two suitably qualified and experienced individuals to join the Board of Directors and make a contribution to our organisation.

The people we seek for this position will have a Financial Services (treasury, banking, or investment) background achieved in a senior executive or partner capacity. We are particularly interested in applicants with investment management, credit management, corporate strategy, risk, audit or business development skills. One or both will be members of the Uniting Church.

In addition, sound, senior commercial and leadership experience, tertiary qualifications, demonstrated teamwork and excellent communication skills will enable the successful applicant to build strong relationships across the Board and through the organisation.

While membership of the Uniting Church is not a pre-requisite for all board positions, it is a requirement that the successful applicant be aware of and sympathetic to the polity and ethos of the Uniting Church.

How to Apply

Please send an expression of interest with a CV to chair@unitingfinancial.com.au

For more information   

Uniting Financial Services website

Closing date      

6 April 2020