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- Tasks: Join our Board as an Independent Non-Executive Director, guiding strategic decisions and supporting the Executive team.
- Company: LBMA sets global standards in the precious metals industry, committed to leadership and transparency.
- Benefits: Earn £35,000 per annum with flexible working and travel expenses covered.
- Why this job: Shape the future of a respected organization while showcasing your expertise in governance and strategy.
- Qualifications: Experience in Corporate Governance, financial affairs, and excellent communication skills are essential.
- Other info: Applications close on 10 March 2025; submit your cover letter and CV via email.
The predicted salary is between 28000 - 42000 £ per year.
LBMA City Of London, England, United Kingdom
The London Bullion Market Association (LBMA) is at the forefront of setting global standards in the precious metals industry. We are committed to leadership, integrity, and transparency.
We are looking for an experienced professional to join our Board as an Independent Non-Executive Director. This role is pivotal in guiding LBMA towards sustainable success and comprises:
- a 3-year term, with potential extension.
- 1-2 days per month, flexible approach required.
Our preferred application route is via email. Please send your cover letter and CV to . If you apply through LinkedIn, please combine your cover letter and CV into a single document before uploading. Applications without a cover letter may not be accepted by the Selection Committee. In your cover letter you should provide details of how your experience meets the requirements for the role.
Closing date for applications: 12:00 GMT Monday 10 March 2025 .
As an iNED , you will act as an unbiased, objective and impartial member of the Board, ensuring that all decisions taken are in the best long-term interests of LBMA, Members of the London Bullion Market and LBMA employees.
You will bring to the role your experience in Corporate Governance, financial affairs, organisation development and risk management. You will have the opportunity to showcase your excellent communication and networking abilities.
Apply now to be a part of a team that shapes the future of the precious metals industry. This is your chance to contribute to a globally respected organisation in a role that demands integrity, strategic insight and a commitment to excellence.
Key Duties and Responsibilities
- To act as a member of the Board of Directors, offering guidance, support, expertise and an objective perspective to the Executive on the key matters of strategy.
- To play a key part in the decision-making process on strategic issues.
- To ensure that the organisation has a robust, workable and viable strategy for developing Market Services.
- To be a member of the panels for the recruitment to key roles within the company, including other appointments to the Board.
- To act as Chair of the Remuneration Committee (RemCo) and be a Member of the Finance Committee. To be a Member of any other key Board Sub-Committees as required.
- To attend 6-7 formal Board meetings a year, as well as other ad hoc meetings as required.
- To act as a consultant to and mentor for the Executive Board members, in so far as this does not compromise the independence of the Independent Non-Executive Director.
Desired Skills and Experience
- Good knowledge of Corporate Governance and Board responsibilities (including being accustomed to a high level of accountability), management, organisational structure and development, commercial and financial affairs, and risk management.
- Excellent communication, relationship and networking skills, able to represent LBMA to stakeholders.
Seniority level
Executive
Employment type
Part-time
Job function
Business Development and Sales
Industries
Banking
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Independent Non-Executive Director employer: LBMA
Contact Detail:
LBMA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Independent Non-Executive Director
✨Tip Number 1
Familiarize yourself with the current trends and challenges in the precious metals industry. This knowledge will not only help you during discussions but also demonstrate your commitment to understanding the sector's dynamics.
✨Tip Number 2
Network with professionals who are already involved in corporate governance or have experience as non-executive directors. Engaging with these individuals can provide valuable insights and potentially lead to recommendations.
✨Tip Number 3
Prepare to discuss your previous experiences in risk management and organizational development. Be ready to share specific examples that highlight your strategic insight and how you've contributed to similar roles in the past.
✨Tip Number 4
Demonstrate your understanding of LBMA's mission and values in your conversations. Showing that you align with their commitment to integrity and transparency will strengthen your candidacy.
We think you need these skills to ace Independent Non-Executive Director
Some tips for your application 🫡
Tailor Your Cover Letter: Make sure to customize your cover letter specifically for the Independent Non-Executive Director position at LBMA. Highlight your experience in Corporate Governance, financial affairs, and risk management, and explain how these align with the role's requirements.
Combine Documents: If you choose to apply through LinkedIn, remember to combine your cover letter and CV into a single document before uploading. This is crucial as applications without a cover letter may not be accepted.
Highlight Relevant Experience: In your cover letter, provide specific examples of your past experiences that demonstrate your ability to guide an organization strategically. Discuss your involvement in decision-making processes and any relevant board experience.
Proofread Your Application: Before sending your application, carefully proofread both your cover letter and CV. Ensure there are no grammatical errors or typos, as attention to detail is essential for this role.
How to prepare for a job interview at LBMA
✨Showcase Your Governance Expertise
Make sure to highlight your knowledge of Corporate Governance and Board responsibilities during the interview. Be prepared to discuss specific examples from your past experiences that demonstrate your understanding of accountability and strategic decision-making.
✨Demonstrate Strategic Insight
Prepare to articulate your vision for the future of the LBMA and how you can contribute to its strategic goals. Think about how your experience in financial affairs and risk management can help guide the organization towards sustainable success.
✨Communicate Effectively
Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly and concisely. Be ready to engage in discussions about complex topics and showcase your ability to represent LBMA to various stakeholders.
✨Prepare Thoughtful Questions
Come to the interview with insightful questions about the organization's current challenges and opportunities. This will not only show your interest in the role but also your proactive approach to understanding the dynamics of the precious metals industry.
