Audit & Risk Assurance Committee (ARAC) - Independent Member
Audit & Risk Assurance Committee (ARAC) – Independent Member
Honorarium: GBP3,000 + travel expenses
Honest, dedicated and objective,
You'll make sure integrity is at the heart of all we do.
A fast–evolving public corporation, the Office for Nuclear Regulation (ONR) is committed to shaping the future of regulation in the UK nuclear industry. As an Independent Member of our Audit & Risk Assurance Committee (ARAC), you'll play a key role in helping us meet the highest standards of corporate governance.
Our Audit and Risk Assurance Committee (ARAC) ensures that our audit processes are adequate and appropriate. It's responsible for the governance of audit programmes and has oversight of our risk management processes.
We now need an Independent Member to join ARAC and help to scrutinise governance at the highest level. With your knowledge of finance, performance and risk, you'll bring an additional perspective that complements those of the existing Committee members. You'll also have the diplomacy and judgment to challenge in a constructive way.
In total, we'll expect you to commit 10 days of your time each year for preparation, travel, reviewing reports and attending meetings (at least four per annum). You'll also need to arrange time for a thorough induction.
Dedicated to helping our organisation operate as it should, you are objective, honest, open and responsible. You bring a high level of strategic financial and commercial awareness as well as good knowledge of risk management techniques, with expertise that covers the following:
- Value for Money Assessment
- Modernisation and transformation programmes
- IT strategy
- Assurance mapping
- Performance and risk management
- Securing maximum value from external and internal audit resources.
Wherever you've gained your knowledge, you'll understand the public sector and ideally the role of audit in corporate governance. Security vetted to SC level (or prepared to obtain this), you'll be articulate and able to work with senior leaders.
For you, the rewards will come from playing a useful role in society. Knowing that you're helping a national regulator to work responsibly will bring you tremendous satisfaction. To cover the costs of your work and recognise your commitment, we offer an annual honorarium of GBP3,000 plus reasonable travel expenses.
ONR is a Public Corporation created to ensure the highest standards of safety and security across all of the UK's licensed nuclear sites. Our inspectors are drawn from all manner of professional backgrounds including civil engineering, radiological protection, human factors, chemical engineering, mechanical engineering and nuclear physics. And together they're involved in everything from assessing safety cases to planned security inspections to the development and implementation of a new domestic safeguards regime.
To find out more and apply, please visit our website.