We’re recruiting: Trustees and Vice-Chair
The Finance Innovation Lab works for a financial system that serves people and planet – one that’s democratic, responsible and fair. We incubate the ideas and people with the potential to transform the system, and we advocate for changes in the rules that shape the way finance works.
We’re a unique charity with a global reputation as a pioneer in systems change. Our work is driven by the belief that the dysfunctions of our financial system contribute to some of our most pressing social and environmental challenges, from fossil fuel extraction to unaffordable housing, but that it doesn’t have to be this way: people created the system and people can change it.
The Lab began as a collaboration between WWF-UK and the Chartered Institute of Accountants in England and Wales in 2009, and became an independent charity in 2015. We’re incredibly proud of what we’ve achieved since independence, including:
- Lab Fellowship, our flagship programme for financial innovators focused on social and environmental impact
- Our highly-regarded publication A Strategy for Systems Change, documenting the Lab’s journey from conception to independence
- Our groundbreaking report The Regulatory Compass, arguing that policymakers and regulators should put social purpose at the heart of their work
- Our collaborations across industry and civil society, with partners including Fair by Design, the Chartered Banker Institute, the Ada Lovelace Institute, Climate Safe Lending, Positive Money, the Institute for Social Banking, Toynbee Hall, St Paul’s Institute, Open Banking, and the Institute for Leadership and Sustainability.
We’re now looking to expand our board with three new trustees who can help us strengthen and grow. In particular, we are looking to fill the following roles:
- Chair of our new communications and fundraising committee
- General trustees who can help diversify our board and fill key capacity gaps.
All roles are voluntary (with reasonable expenses reimbursed) and are for an initial three-year term. Trustees may serve a maximum of two consecutive terms.
This is an exciting opportunity to join a very special organisation with a talented, passionate team, a thriving community of innovators, intrapreneurs and advocates, and a reputation for courageous programmes that embody our values.
For full details of the key responsibilities and the qualities we’re looking for, please download the trustee recruitment pack.
About the roles
Trustees are responsible for establishing and safeguarding the purpose, vision and values of the Lab; working with the team to develop long-term strategy; ensuring the Lab is well-run, accountable and manages its resources effectively; supporting the CEO, COO and staff team; and acting as ambassadors for the organisation.They do this through attending quarterly board and sub-committee meetings (along with occasional ad hoc meetings), attending Lab events, promoting the Lab to their contacts, and working directly with team members as appropriate to their area of specialism.
As well as general trustees, we are looking to fill two new board roles:
- A chair for our new communications and fundraising committee, which we anticipate will meet quarterly
- A vice-chair of the board, who will work closely with the chair to ensure that the Lab board functions effectively.
Full details of each role can be found in our trustee recruitment pack.
Who are we looking for?
We’re looking for people who are committed to the Lab’s vision of a democratic, responsible and fair financial system, with an understanding of, or interest in, finance and/or systems change. You’ll need to be able to work well with a diverse group of trustees and have a high level of self-awareness, as well as aligning with our culture of collaboration, action learning and empowerment.
Previous experience of serving on a board of trustees is not required for the general trustee roles, although you’ll need to have a grasp of the responsibilities of trustees and be willing to undertake training on this. For the vice-chair role, you’ll need to have prior experience of serving on a trustee board or management committee, as well as the ability to facilitate board discussions and deal positively with conflicts and tensions.
It’s important that you are willing and able to devote the time necessary for your role, as outlined in the individual role descriptions.
In this round of recruitment, we are particularly keen to appoint trustees with capabilities in one or more of the following areas:
- Strong grounding in new economic thinking and/or the financial reform movement
- Experience working in or with mainstream financial institutions, particularly banking, insurance and/or asset management
- Experience of fundraising, particularly public, corporate and HNWI fundraising
- Critical understanding of fintech and wider tech developments
- Experience of working with or representing the end users of finance, particularly those marginalised or exploited by the financial system.
We’re committed to providing equality and fairness for all and not to discriminate on grounds of gender, marital status, race, ethnic origin, colour, nationality, national origin, disability, sexual orientation, mental health, religion or age. We encourage and celebrate the different qualities that our colleagues, and others we work with, bring to our work. And we believe that seeing things from a wide range of different perspectives helps us to resolve problems, adapt our approaches and develop as an organisation. We want to bring greater diversity to our board and we’re keen to hear what you think you’ll bring from your own background and experience (beyond your professional skills and knowledge).
For a full list of the characteristics we’re looking for, please download the trustee recruitment pack.
How to apply
We’re keen to hear from potential trustees who believe they have the skills and commitment to thrive in the role, even if you do not have every element of the person specification.
Please ensure you have read the trustee recruitment pack before applying. You can download the application forms here:
You will need to download the application form to your own computer before you can complete it (click ‘Download’ in the top right of the screen).
Please apply by returning the completed form as a Word document (not PDF) to firstname.lastname@example.org by 9.00 am on Monday 4 February 2019. Please do not send a CV or letter of application – these will not be read.