Latest News
Commitment
The following are expected to be attended by the board:
- In person board meetings, usually 6 per year (Wednesday evenings from 5pm – 7pm)
- Online committee meetings. Usually either 3 Audit and Risk Committee and 3 Remuneration and Nomination Committee.
- Two in-person away key events
- One – Two site visits per year (board tours to visit sites)
- Training sessions – a mix of in person, online and e-learning
- Additional meetings, task and finish groups as required
- Residents Engagement Panel meetings at least once per year
- Including preparation time and personal development this is estimated at an average of around 5 hours a month
Person Specification
| Finance and Treasury Oversight |
|---|
| 1.1 Provide expert insight and scrutiny in relation to long term financial planning and treasury management strategy. |
| 1.2 Support compliance with Regulator of Social Housing economics standards including governance and financial viability standard and value for money standard. |
| 1.3 Evaluate financial risks, stress testing, hedging strategies, and covenant compliance. |
| 1.4 Assess the financial impact of development projects, regeneration programmes, and asset management plans. |
| 1.5 Promote effective resource allocation and decision-making that supports long-term financial sustainability. |
| 1.6 Assist the Board Audit & Risk Committee or Remuneration Committee by providing specialist expertise and assurance. |
| Compliance and regulation |
| 2.1 Monitor compliance with legal and regulatory frameworks applicable to the organisation. |
| 2.2 Review internal and external audit inputs on compliance effectiveness. |
| 2.3 Uphold high standards of governance. |
| 2.4 Maintain confidentiality and avoid conflicts of interest. |
| Strategic contribution |
| 3.1 Support the Board in setting strategic direction. |
| 3.2 Provide constructive challenge to executive leadership. |
| Main tasks of board members |
| Provide leadership within a framework of prudent effective controls that enable risks to be properly assessed and managed. |
| Ensure that the interests and needs of current and future residents are considered in all matters. |
| To ensure that value for money for residents is considered in all matters and that residents views and sought and considered. |
| Ensure that the Association’s properties are developed and maintained to a high standard. |
| Contribute to formulating and regularly reviewing the strategic aims and vision of the Association and promote and uphold them. |
| Ensure that the Association functions within its legal and financial requirements and complies with relevant codes and regulatory requirements. |
Page last updated: 26th February 2026
