Oil and Pipelines Agency (OPA) - Audit Risk & Assurance Committee (ARAC), Chair and Non Executive Director

Announced
Body: OIL AND PIPELINES AGENCY - OPA
Appointing Department: Ministry of Defence
Sectors: Business, Finance & Skills, Charity & Public Sector, Defence, Regulation
Location: London
Skills required: Accountancy, Audit and Risk, Business / Commercial, Regulation
Number of Vacancies: 1
Remuneration: The total salary for this position would be £12,000 per annum for 20 days a year and reasonable travelling expenses where meetings are occasionally held at locations other than the OPA’s London Offices, in accordance with OPA policies
Time Requirements: 6-8 meetings per year - up to 20 days

Announcement

An announcement has been made on the outcome of this appointment.

Following approval from the Secretary of State for Defence, Ms Alison White has been appointed as a Non-Executive Director (NED) and Chair of the Audit, Risk and Assurance Committee (ARAC) of the Oil and Pipelines Agency (OPA) Board. The period of appointment is for three years, with effect from 15 January 2022 and will run until 14 January 2025.

Date: 05/01/2022

View Announcement

Campaign Timeline

  • Competition Launched

    09/08/2021

  • Closed for Applications

    09/09/2021 at 00:00

  • Panel Sift

    08/10/2021

  • Final Interview Date

    05/11/2021

  • Pre-Appointment

    07/12/2021

  • Announcement

    05/01/2022

An announcement will be made once the required pre employment checks have been completed.

 

Assessment Panel

Vacancy Description

Non-Executive Director, OPA Board Member & Chair of the Audit, Risk & Assurance Committee

 

The role is responsible for providing financial, commercial and business advice, objectivity and scrutiny of Board business, corporate governance and propriety guidance and stewardship to the OPA Board, the Chief Executive and his/her Senior Leadership Team.

The person must ensure that the OPA observes the highest standards of propriety and follows best practice in relation to its stewardship of public funds.  The Chair of the OPA ARAC is responsible for providing assurance to the Board that the OPA is following best practices of corporate governance, risk assessment and mitigation management (including information assurance risk and holding the Senior Information Risk Owner (SIRO) to account and is delivering the necessary outputs and impacts required, through challenging performance objectives and targets. The ARAC Chair has responsibility to ensure the Committee reviews systems for fraud deterrence and detection, reports of fraud incidents, cyber-security potential risks and incidents, action taken and lessons learnt.

The successful candidate is required to attend approximately 6-8 OPA Board Meetings per year and visit OPA operated facilities.  They will also chair the (ARAC), held approximately 4 times a year and will be a member of the Remuneration & Nomination Committee, which meets 4 times a year.  Meetings are generally planned to occur on the same day.

This is not intended to be a limiting or prescriptive role description and post holders may be tasked with other duties/responsibilities from time to time in keeping with their skills and experience.

Person Specification

Person Specification

The role requires high moral stature, excellent interpersonal skills, tact and diplomacy and strategic vision with the ability to positively influence those inside and outside of the Agency who impact on the strategic direction of the organisation.

Essential Criteria

Candidates must demonstrate all of the following essential criteria:

  • Board-level experience including experience of chairing a sub-committee;
  • A professional accountancy qualification such as CIPFA, CIMA, ICAEW, ACCA or IACAS or similar;
  • Experience of audit and risk management and the ability to demonstrate sound financial risk and performance management; approving and scrutinising the allocation of resources to achieve plans using clear, consistent and comparable performance information;
  • Experience of current corporate governance best practice;
  • An engaging and collaborative working style with the ability to adapt to a range of partners whilst demonstrating leadership and influencing skills;
  • Sound judgment, analysis and decision-making skills; and the ability to provide a challenging and supportive role to the OPA Chair and Chief Executive Officer.

Desirable Criteria

  • Held a senior financial and risk management position at Director level within the private sector for at least 5 years;
  • Knowledge of the workings of Statutory Public Corporations and /or Arm’s Length Bodies;
  • Knowledge of Managing Public Money.

Additional Information

Please see attached OPA Members Code of Conduct

How to Apply

To apply please read the attached Candidate Information pack then submit the following documents by email to DBSCivPers-ResPublicAppts@mod.gov.uk FAO – Bethany Hammond and quoting reference number 43700_OPA_ARAC_CHAIR

  • Expression of Interest form
  • Diversity Monitoring Form
  • Current CV

Please submit your documents by 08/09/2021 by 23:59 hrs

Attachments
43700_OPA_ARAC_CHAIR_Campaign information Pack
43700_OPA_ARAC_CHAIR_Expression of Interest Form
43700_OPA_ARAC_CHAIR_Diversity Monitoring Form
43700_OPA_ARAC_CHAIR_Disable Confident Scheme Declaration
43700_OPA_ARAC_CHAIR_Members Code of Conduct
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