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- Tasks: Join our Board as a Volunteer Non-Executive Director, providing legal or tech expertise.
- Company: London Community Bank promotes financial well-being and inclusion for over 3000 members.
- Benefits: Enjoy remote work with one annual in-person strategy meeting in London.
- Why this job: Make a real impact in your community while gaining valuable governance experience.
- Qualifications: Seeking experienced individuals in legal or technology fields to guide our mission.
- Other info: This is a part-time, executive-level volunteer role.
Volunteer Non-Executive Directors (Legal and Technology)
Location: Remote with one in person strategy meeting per year at a location on Central / West London.
About Us: London Community Bank, previously known as Hillingdon Credit Union, serves over 3000 members who live or work in the London Boroughs of Hillingdon, Harrow, Ealing, Brent, Hounslow, Hammersmith, Richmond, Kingston, Wandsworth, Merton, as well as Slough and South Bucks. We offer a range of financial services, including savings accounts, loans, and financial education, promoting financial well-being and inclusion within our community.
Role Overview: We are seeking two dedicated and experienced individuals to join our Board as Volunteer Non-Executive Directors (NEDs), specializing in Legal and Technology . As a NED, you will play a crucial role in providing strategic guidance, governance, and oversight to ensure the bank’s continued success and adherence to its mission.
Key Responsibilities:
Legal NED:
- Provide expert legal advice to the Board, ensuring compliance with relevant regulations and legislation.
- Review and advise on legal documents, policies, and procedures.
- Monitor changes in legislation that may impact the credit union and advise accordingly.
Technology NED:
- Offer strategic guidance on the credit union’s technology initiatives and digital transformation efforts.
- Assess and advise on IT infrastructure, cybersecurity measures, and data protection.
- Stay informed about emerging technologies and recommend their potential application to enhance services.
General Responsibilities:
- Attend and contribute to Board meetings, providing independent judgment on issues of strategy, performance, and resources.
- Ensure that the credit union’s operations align with its mission and values.
- Act as an ambassador for the credit union, promoting its services and values within the community.
Seniority level: Executive
Employment type: Part-time
Job function: Legal
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Volunteer Non-Executive Directors (Legal and Technology) employer: London Community Bank
Contact Detail:
London Community Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Volunteer Non-Executive Directors (Legal and Technology)
✨Tip Number 1
Make sure to highlight your relevant experience in legal or technology sectors during networking events. Connect with professionals in the financial services industry who can provide insights and potentially refer you to opportunities.
✨Tip Number 2
Stay updated on current trends in financial regulations and technology advancements. This knowledge will not only help you in discussions but also demonstrate your commitment to the role and the mission of the London Community Bank.
✨Tip Number 3
Engage with community initiatives related to financial education and inclusion. Volunteering in these areas can showcase your dedication to the community and align with the values of the credit union.
✨Tip Number 4
Prepare thoughtful questions about the bank's strategic direction and challenges they face in legal and technology aspects. This will show your proactive approach and genuine interest in contributing to their success.
We think you need these skills to ace Volunteer Non-Executive Directors (Legal and Technology)
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities of a Non-Executive Director, particularly in the areas of Legal and Technology. This will help you tailor your application to highlight relevant experience.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in legal or technology roles. Provide specific examples of how you've contributed to strategic decision-making or governance in previous positions.
Show Commitment to Community: Demonstrate your passion for community service and financial inclusion. Mention any previous volunteer work or initiatives that align with the mission of the London Community Bank.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying, your understanding of the credit union's mission, and how your skills can contribute to its success. Be sure to address both the Legal and Technology aspects of the role.
How to prepare for a job interview at London Community Bank
✨Understand the Mission
Familiarize yourself with the mission and values of the London Community Bank. Be prepared to discuss how your expertise in legal or technology aligns with their goals of promoting financial well-being and inclusion.
✨Showcase Relevant Experience
Highlight your previous experience in legal or technology roles, especially those that involved governance or strategic oversight. Provide specific examples of how you've contributed to similar organizations or initiatives.
✨Prepare for Scenario Questions
Anticipate questions that may involve real-life scenarios related to legal compliance or technology challenges. Think through your approach to problem-solving and be ready to articulate your thought process clearly.
✨Engage with the Board's Vision
Demonstrate your interest in the credit union's future by discussing emerging trends in technology or legal regulations that could impact their operations. Show that you are proactive and forward-thinking in your approach.
