Trustees - MyBnk

Posted 22 March 2024
Salary Unremunerated – c. 12 days per year

Job description

Being confident about managing your own money might not sound unusual. But for many young people, it’s a real challenge, and one which holds potentially major risks. Knowing where to go for money advice, and who to trust, is so much more than just good personal admin – it’s a building block of social mobility.

MyBnk is a leading financial education charity, working towards the creation of a financially capable generation across all four nations of the UK. We support young people between the ages of 5 and 25, with a particular focus on those who can’t afford for things to go wrong. Our award-winning programmes are highly effective and well-regarded, and we’ve grown rapidly in recent years, but there’s still much more to do. Today’s young people face a far less predictable job market, with high rents, economic uncertainty, and an increasingly complex financial marketplace. So we want to extend our reach and impact by an order of magnitude in the next few years: and to do that, we want to strengthen our Board with a number of new Trustees.

We have four opportunities to help guide and steer this exciting, high-growth charity into its next phase. Two of this round of appointments will be qualified accountants, ideally with experience in a Big Four firm or corporate environment. Our rapid recent growth – from £1m to £4m turnover in just a few years – has been enabled and underpinned by strong financial controls, and we will also ask these trustees to join our Finance Committee. We also want to appoint two charity specialists – one of whom will have executive experience of working across the regions and nations of the UK, and one with an excellent understanding of the safeguarding requirements of working with young people. Both of these Trustees will also bring a nuanced knowledge of charity governance and strategic planning.

Our Board is an expert and committed group, with a distinctive culture and energy. It’s an open, friendly environment, where your contribution is always respected and valued. MyBnk is dedicated to building an inclusive culture and working environment that promotes a sense of safety and belonging for our staff to feel supported to achieve their potential. We’re striving to be an actively anti-racist organisation, and actively encourage applications from diverse, under-represented and racialised groups, including those with lived experience of the social cause we seek to address.

To find out more, please visit http://www.join-mybnk.co.uk/ If you have any questions about the role which is not answered by the candidate site, please email Cadence Partners at mybnk-trustees@cadencepartners.co.uk Alternative formats for candidate information may be requested at your initial contact.

Closing date: 1 May 2024.