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- Tasks: Join our Board to shape strategies and ensure effective controls at Paydek.
- Company: Paydek is a dynamic financial organisation based in London, specialising in cross-border payments.
- Benefits: Flexible hours, opportunity to influence company direction, and work with a passionate team.
- Why this job: Make a real impact in a growing company while enhancing your leadership skills.
- Qualifications: Experience in financial services, corporate governance, and strong analytical skills required.
- Other info: This role requires a commitment of up to 16 hours per month.
The predicted salary is between 36000 - 60000 £ per year.
Paydek is looking for an Independent Non-Executive Director (iNED) for our office in London, United Kingdom. The role is a member of the Board of Directors and the Audit Committee, requiring up to 16 hours per month, focusing on checking and challenging to ensure adequate and effective controls are adopted by Paydek. We are a financial organization that facilitates cross-border payments in multiple currencies across the world. We are a growing organization headquartered in the heart of London. We are looking to attract a highly motivated, positive, and responsible individual who will complement and strengthen our existing team.
Responsibilities
- Develop and execute the company's business strategies to attain the goals of the Paydek Board.
- Provide strategic advice to the Paydek Board.
- Ensure company policies and legal guidelines are communicated throughout the organization and are always followed.
- Maintain trust relationships with shareholders, Executive Directors, and regulatory bodies.
- Lead audits instructed by the Audit Committee to ensure adherence to the Risk Appetite Statement, legal obligations, and best practices.
- Delegate responsibilities and supervise the work of Executives, providing guidance and motivation.
- Review and advise on internal controls to mitigate risks, including Financial Crime Controls.
- Analyze problematic situations and provide solutions to ensure company survival and growth.
- Create initiatives to capitalize on market opportunities, reduce operational threats, and mitigate business risks.
- Identify core competencies and define operational goals.
- Liaise with the Paydek Board to ensure alignment with the Board-Approved Risk Appetite Statement (RAS) and Business Plan.
- Ensure policies, procedures, and controls are regularly reviewed and updated.
Requirements
- Knowledge of Financial Services, specifically Payment Services.
- Experience in developing profitable strategies and implementing vision as per the approved Business Plan.
- Strong understanding of corporate finance and performance management principles.
- Familiarity with diverse business functions such as Audit, Compliance, and Risk.
- In-depth knowledge of corporate governance and management best practices.
- An entrepreneurial mindset with strong organizational and leadership skills.
- Analytical and problem-solving abilities.
- Excellent communication, negotiation, and presentation skills, including public speaking.
- Knowledge of regulatory obligations and best practices of a Financial Institution.
- Strong analytical, critical thinking, and problem-solving skills.
- Excellent organizational and leadership skills.
- Thorough knowledge of market changes and forces influencing the company.
Independant Non-Executive Director (iNED) employer: Maitland Selwyn
Contact Detail:
Maitland Selwyn Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Independant Non-Executive Director (iNED)
✨Tip Number 1
Network with professionals in the financial services sector, especially those with experience in payment services. Attend industry events or webinars to connect with potential contacts who may have insights into the iNED role at Paydek.
✨Tip Number 2
Familiarise yourself with Paydek's business model and recent developments in cross-border payments. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the company.
✨Tip Number 3
Prepare to discuss your experience in corporate governance and risk management. Be ready to provide examples of how you've successfully navigated challenges in these areas, as this will be crucial for the iNED position.
✨Tip Number 4
Showcase your leadership skills by highlighting instances where you've led teams or initiatives. Emphasising your ability to motivate and guide others will resonate well with the expectations of the Paydek Board.
We think you need these skills to ace Independant Non-Executive Director (iNED)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Independent Non-Executive Director position at Paydek. Tailor your application to highlight relevant experience in financial services, corporate governance, and strategic advisory.
Craft a Strong CV: Your CV should clearly outline your experience in financial services, particularly in payment services. Emphasise your leadership roles, strategic contributions, and any relevant board experience. Use bullet points for clarity and ensure it is well-structured.
Write a Compelling Cover Letter: In your cover letter, express your motivation for applying to Paydek and how your skills align with their needs. Highlight your understanding of corporate governance and your ability to provide strategic advice. Be concise but impactful.
Showcase Your Skills: In both your CV and cover letter, make sure to showcase your analytical, problem-solving, and communication skills. Provide specific examples of how you've successfully navigated challenges in previous roles, especially in relation to risk management and compliance.
How to prepare for a job interview at Maitland Selwyn
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what an Independent Non-Executive Director (iNED) does. Familiarise yourself with Paydek's business model, especially in cross-border payments, and be ready to discuss how your experience aligns with their needs.
✨Showcase Your Strategic Thinking
Prepare examples that demonstrate your ability to develop and execute business strategies. Highlight past experiences where you've successfully provided strategic advice or led audits, as this will resonate well with the Board's expectations.
✨Emphasise Governance Knowledge
Given the importance of corporate governance in this role, be prepared to discuss your understanding of governance best practices. Share insights on how you’ve ensured compliance with legal guidelines and maintained trust with stakeholders in previous roles.
✨Demonstrate Problem-Solving Skills
Be ready to discuss specific situations where you've identified problems and implemented effective solutions. This could involve risk management or operational challenges, showcasing your analytical and critical thinking abilities.
