Independent Non Executive Director

Our client, a global payments company, is looking to hire an Independent Non-Executive Director (INED) to their board. As an INED, you will provide independent oversight and contribute to the governance, strategic direction, and risk management of the company. You will work collaboratively with the Board and Executive Team to ensure the business operates in compliance with all regulatory requirements and maintains a strong focus on governance, audit, and stakeholder confidence.

Responsibilities

• Provide an independent perspective on Board decisions and strategy. Ensure the company upholds the highest standards of corporate governance and regulatory compliance.

• Risk Management and Compliance: Review and monitor the company’s risk management framework. Ensure the company complies with relevant financial and operational regulations, including AML, PSD2, and data protection laws. Oversee regulatory engagement and guide the Board on compliance strategies.

• Audit and Financial Oversight: Contribute to the oversight of internal and external audit processes. Ensure the integrity of financial reporting and controls. Serve on the Audit Committee, where applicable.

• Strategic Input: Challenge and contribute to the development of the company’s strategic plans. Monitor the implementation of strategic objectives, ensuring alignment with the company’s long-term goals.

• Stakeholder Engagement: Build and maintain strong relationships with regulatory bodies, investors, and other key stakeholders. Provide expertise and insights to enhance the Board's decision-making processes.

• Performance Monitoring: Assess the performance of the Executive Team, including the CEO. Provide constructive feedback and mentorship to management.

Required Skills

• Professional Experience: Significant experience in financial services, payments, or a related regulated industry. Prior Board experience, preferably in an Independent Non-Executive Director capacity. Expertise in governance, risk management, and compliance.

• Regulatory Knowledge: Familiarity with regulatory requirements in the payments sector, such as PSD2, AML, and Central Bank regulations. Proven track record of engaging with regulatory authorities.

• Skills and Attributes: Strong analytical and problem-solving skills. Detail-oriented with a focus on compliance and operational risks. Excellent communication and interpersonal skills.

• Audit and Risk Expertise: Experience with internal or external audits, financial controls, and risk assessments. Membership or experience in audit or risk committees is highly desirable.

• Independence: Ability to maintain independence and objectivity in judgment and decision-making.

Commitment

• Time Requirement: Approx. 2 days per month for Board meetings, committee meetings, and preparation.