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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 year with flexible hours 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 30000 - 42000 £ per year.
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.
- £35,000 per annum, plus travel expenses.
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.
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
Make sure to leverage your network within the precious metals industry. Reach out to current or former board members of similar organizations to gain insights into the role and expectations, which can help you tailor your approach.
✨Tip Number 2
Familiarize yourself with the latest trends and challenges in corporate governance and risk management specific to the precious metals sector. This knowledge will not only enhance your discussions during interviews but also demonstrate your commitment to the role.
✨Tip Number 3
Prepare to discuss your previous experiences in strategic decision-making and how they align with LBMA's mission. Highlight specific examples where your input led to successful outcomes, showcasing your ability to contribute effectively as an iNED.
✨Tip Number 4
Consider attending industry events or webinars related to precious metals and corporate governance. Engaging with thought leaders and peers can provide valuable insights and potentially lead to connections that may support your application.
We think you need these skills to ace Independent Non-Executive Director
Some tips for your application 🫡
Craft a Compelling Cover Letter: Your cover letter is crucial. Clearly outline how your experience aligns with the requirements of the Independent Non-Executive Director role. Highlight your expertise in Corporate Governance, financial affairs, and risk management.
Combine Documents for Submission: If you're applying through LinkedIn, make sure to combine your cover letter and CV into a single document before uploading. This will streamline the review process for the Selection Committee.
Highlight Relevant Experience: In both your cover letter and CV, emphasize your previous roles that demonstrate your ability to provide unbiased guidance and support to a Board. Mention specific achievements that showcase your strategic insight and communication skills.
Adhere to Application Guidelines: Follow the application instructions carefully. Ensure you send your application via email as preferred, and remember that applications without a cover letter may not be accepted. Double-check the closing date to avoid missing out!
How to prepare for a job interview at LBMA
✨Showcase Your Governance Knowledge
Make sure to highlight your understanding of Corporate Governance and Board responsibilities during the interview. Be prepared to discuss specific examples from your past experiences that demonstrate your ability to navigate complex governance issues.
✨Demonstrate Strategic Insight
Prepare to articulate your strategic vision for the LBMA. Think about how you can contribute to the long-term success of the organization and be ready to discuss your approach to developing viable strategies for Market Services.
✨Highlight Communication Skills
Since excellent communication is key for this role, practice articulating your thoughts clearly and concisely. Be ready to provide examples of how you've effectively communicated with stakeholders in previous roles.
✨Prepare for Board Dynamics
Understand the dynamics of a Board and be ready to discuss how you would interact with other members. Think about your experience in mentoring and consulting, and how you can bring an unbiased perspective to the decision-making process.
