Trustees - MyBnk - CLOSED
- Posted 22 March 2024
- Salary Unremunerated (c. 12 days per year)
- LocationLondon
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. They 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. Their award-winning programmes are highly effective and well-regarded, and they’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 MyBnk want to extend their reach and impact by an order of magnitude in the next few years: and to do that, they want to strengthen their Board with a number of new Trustees.
They 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. MyBnk's rapid recent growth – from £1m to £4m turnover in just a few years – has been enabled and underpinned by strong financial controls, and they will also ask these trustees to join the Finance Committee. They 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.
MyBnk's 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 its staff to feel supported to achieve their potential. They'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 they seek to address.