Independent Non-Executive Director

Regulatory requirements: PCF 2 role (Fitness & Probity required)

Background

FNZ is the market leading provider of technology and administration services to major financial institutions in the platform and wealth management sectors across the globe. We partner with life companies, banks, asset managers and discretionary wealth managers to enable them to develop and distribute financial products and services to their customers across all major distribution channels.

As a member of Company and the Boards, the independent Non-Executive Director will be expected to bring an external, independent perspective to the Board, whilst assisting with the development of the firm’s strategy, and ensuring that risks are suitably managed.

An Independent Non-Executive Director must balance the need to remain independent of the operational day-to-day business of the firm, while maintaining a level of knowledge that will enable them to effectively scrutinise and challenge the executive management team.

Key responsibilities

• Provide independent, objective, and constructive contributions on all matters presented to the Boards

• Understand and execute the objectives of the Company using independent judgement, industry experience and specialist knowledge to bear on issues of strategy, performance and resources

• Oversight and challenge of risk management and control framework to ensure the Company conforms to all regulatory requirements, policies and procedures. At all times promote best practice and conduct in order to combine those responsibilities with the Company’s risk appetite

• Challenge the management team, their performance, and the performance of appointed delegates. 

• Attend and prepare for quarterly Board meetings of the Company and fund Board complexes, in addition to the various ad hoc meetings which can number 2-3 over and above (estimated time commitment 15 days)

• Monitor financial performance and controls of the Company and funds managed

Key characteristics

• Candidates should bring an independent-minded and strategic focus, with a commitment to client interests and fair treatment.

• Excellent leadership and business development skills, with rounded and balanced judgement, and the ability to draw upon a wealth of experience in consideration of a wide range of factors.

• A deep understanding of regulation with regard to investment funds and portfolio management, and the risks faced by businesses in the sector

• Strong communication skills with ability to challenge and be challenged in a collaborative manner as part of a large diverse board

• Candidates should have unimpeachable personal integrity, and ensure the highest level of Code of Conduct

• Awareness and adherence to Directors Duties in Law

• Cultural fit while ensuring fiduciary obligations ultimately prevail

• Experience in tech, fintech or financial industry

About FNZ

FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back. 

We created wealth’s growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution. 

We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA).

Together with our customers, we help over 20 million people from all wealth segments to invest in their future.