At a Glance
- Tasks: Join the Finance & Investment Committee to oversee financial performance and investment strategies.
- Company: Be part of the Royal College of Pharmacy, a leader in healthcare and pharmacy.
- Benefits: Gain valuable experience in governance and strategic oversight while contributing to public health.
- Other info: Voluntary role with flexible commitment; great for networking and professional growth.
- Why this job: Make a real impact on the financial sustainability of a vital healthcare organisation.
- Qualifications: Senior management experience in finance or investment management is essential.
The predicted salary is between 59576 - 70089 £ per year.
The Royal College of Pharmacy’s Finance & Investment Committee (FIC) is a key advisory body established by the College’s Board of Trustees to provide independent oversight of financial performance, investment strategy, and long-term financial sustainability. While the day-to-day financial management of the College is delegated to the Chief Executive and Director of Finance, the FIC plays a critical role in supporting the Board of Trustees in fulfilling its governance responsibilities. The Committee ensures that the College’s financial resources are managed prudently, investments are strategically aligned, and financial risks are appropriately mitigated. This is a voluntary role with an estimated time commitment of one day per quarter. This includes attendance in person or by Teams at four meetings annually, plus reading and preparation time. Trustees serve for a term of up to three years with an option for appointment for a further two terms.
Principal duties as a committee member:
- Review the proposed Budget and its alignment with approved business plans in advance of each financial year and report its opinion to the Board of Trustees prior to the budget being agreed.
- Assess and make recommendations to the Board of Trustees on any significant variances against approved budgets.
- Assess the effectiveness and adequacy of accounting, financial and operating controls and satisfy itself that the annual financial statements represent fairly the financial position of the College.
- Review significant accounting policies and procedures and recommend changes to the Board of Trustees.
- Oversee short and long-term investments in line with Investment Strategy and make recommendations to Board of Trustees for change where appropriate.
Qualifications:
- Senior management or director-level experience, ideally in finance and/or investment management.
- Experience of strategic oversight of financial performance and budgets.
- Understanding the distinct role of trustees and operational/executive functions.
- Understanding of charity or not-for-profit governance.
- Strong financial oversight & performance monitoring.
We are particularly interested to hear from candidates who have the above experience and also bring specific experience within property and/or investments.
About the Royal College of Pharmacy:
We are the Royal College of Pharmacy, the professional leadership body for pharmacists and pharmaceutical scientists. As the third largest workforce in healthcare, pharmacy plays a vital role in the health system, and as experts in medicines, pharmacists and their teams are central to patient care and public health. Our mission is to put pharmacy at the forefront of patient care, advancing the safe and effective use of medicines to the benefit of patients and the public.
Closing date: 19/7/2026
Interview Date: 31st July and 7th August (on teams)
To apply, please send a CV or Profile and a supporting statement via the link on our website. We are committed to making the application process inclusive. The Equality Act 2010 permits reasonable adjustments that may give preferential treatment to an individual with a disability.
Finance & Investment Committee Member employer: RCPharm
The Royal College of Pharmacy is an exceptional employer, offering a unique opportunity to contribute to the governance of a vital healthcare institution while working alongside dedicated professionals in the field. With a strong commitment to inclusivity and professional development, the College fosters a collaborative work culture that values the expertise of its members, ensuring that your insights directly impact the future of pharmacy and patient care. This voluntary role allows for flexible engagement, making it ideal for experienced finance and investment professionals looking to make a meaningful difference in the healthcare sector.
StudySmarter Expert Advice🤫
We think this is how you could land Finance & Investment Committee Member
✨Connect with Local Charities
Reach out to local charities or non-profits that deal with financial literacy or economic empowerment. Many of these organisations look for volunteers with a banking background, and it’s a great way to get hands-on experience while giving back to your community.
✨Get Involved in Financial Services Events
Keep an eye out for financial seminars, workshops, or meetups in your area. These events often welcome volunteers and are a fantastic way to network with industry professionals. Plus, you might just learn something new while you’re at it!
✨Leverage School Resources
If you're still studying, tap into your university's career services. They often have partnerships with banks and financial institutions for volunteer opportunities, and can guide you to volunteer roles that complement your studies.
✨Showcase Your Commitment
When you’re volunteering, treat it like a mini-internship! Network with those in the industry, ask questions, and highlight your volunteer experience on platforms like LinkedIn. This not only enhances your profile but shows potential employers that you’re proactive and committed. And don’t forget: check out our website and apply directly for any volunteer roles that pop up at RCPharm!
We think you need these skills to ace Finance & Investment Committee Member
Some tips for your application 🫡
Show Your Passion for Finance!:When applying for a volunteer role in banking and financial services, it’s key to express your enthusiasm for the industry in your cover letter. Highlight any relevant coursework, personal projects, or community involvement that showcases your interest and dedication to finance.
Quantify Your Experience:Even if you don’t have formal work experience, think about any finance-related activities you've participated in. Use concrete figures or examples of your successes, like organising a fundraising event or managing a budget for a school project. This is a great way to demonstrate your financial skills.
Tailor Your CV for the Role:Make sure to tailor your CV for the banking sector. Include any relevant courses, finance competitions, or certifications you’ve completed. Emphasise skills like analytical thinking and attention to detail, which are super important in this field.
Keep It Short and Sweet:Volunteering roles generally receive a lot of applications, so keep your application concise. Highlight your most relevant experiences and motivations in a clear manner. If you’re applying through our website, follow the instructions carefully to make sure you stand out from the crowd!
How to prepare for a job interview at RCPharm
✨Brush Up on Financial Regulations
Given that you're looking at a role in banking and financial services, it's super important to have a solid understanding of the key regulations and compliance issues in the industry. Make sure you’re familiar with terms like AML (Anti-Money Laundering) and KYC (Know Your Customer) as they often come up in volunteer positions.
✨Show Your Enthusiasm and Eagerness to Learn
Since this is a volunteer role, they’ll be keen on your motivation. Be ready to convey your passion for finance and how you’re eager to learn from experienced professionals at RCPharm. Share any relevant projects or coursework that demonstrate your initiative in this field.
✨Prepare for Scenario Questions
Expect some practical questions where they'll assess your critical thinking and problem-solving skills. They might present you with a hypothetical situation regarding customer financial issues and ask how you'd handle it – be ready to think on your feet!
✨Bring Evidence of Your Skills
Even though it's a volunteer position, don’t shy away from discussing any relevant experience that showcases your financial acumen, like coursework, projects, or even certifications. Prepare a brief portfolio to illustrate your competencies and how you can contribute to RCPharm.
