Non-Executive Director RTGS/CHAPS Board

Overview

In this role you join the RTGS/CHAPS Board as an independent member with a mandate to challenge management and oversee risk across the payment ecosystem. You will chair the risk committee, contribute to robust, well-informed decision-making, and hold executives to account. Your insights on operational resilience, cyber security, and third-party risk help ensure secure, reliable settlement for RTGS and CHAPS. This is a high-impact governance position within the Bank’s Payments Directorate, aligned with the mission to maintain monetary and financial stability.

Pay / Benefits

• remuneration circa £39,900 per annum
• meetings in London or virtually
• commitment around 38 days per annum
• inclusive culture and commitment to diversity

Responsibilities

• Chair the Risk Committee for RTGS/CHAPS and provide independent challenge to management
• Oversee risk across the ecosystem of suppliers and users, major change delivery, and cyber security
• Contribute to robust debate and hold the executive team to account
• Ensure awareness of operational resilience, third-party risk, and emerging cyber threats
• Support governance and accountability in reviewing confidential and commercially sensitive information
• Ensure compliance with the Board’s Conflicts of Interest Code of Practice

Key requirements

• Experience as a senior risk management executive, Board member, or equivalent risk sub-committee member
• Understanding of operational resilience, third-party risk management and cyber threats
• Knowledge of payment systems and the operating environment of RTGS/CHAPS
• Strong stakeholder management skills and ability to influence senior decision-makers
• Desirable: prior experience as a Non-Executive Director (not essential)

• stakeholder management
• influence and relationship-building
• independent judgment
• risk management
• operational resilience
• cyber security

…