Chairs of Finance & Investment, and Audit & Risk Committees

Job Title: Chairs of Finance & Investment, and Audit & Risk Committees
Contract Type: Temporary
Location: Glasgow
Salary: 0 - 0
Reference: ChairFICARC
Contact Name: Kenneth Osborne
Contact Email:
Job Published: April 21, 2021 10:50

Job Description

Full details of each role plus supporting documents can be found using the links below.

Closing Date: 7th May 2021

Applications: For a confidential conversation, or to submit your CV, please contact Kenneth Osborne, Finance Director, at


Founded in 1599, the Royal College of Physicians and Surgeons of Glasgow is the only multidisciplinary Royal College in the UK and home to over 15,000 physicians, surgeons, dental surgeons and specialists in the fields of travel medicine and podiatric medicine.

The College is a worldwide community of inspiring health professionals working together to advance the profession and improve patient care. Together we’re a force for good, determined to make a positive difference, and passionate about speaking up for the profession.

Our community is made up of the expertise and experience of our 15,000+ outstanding, hardworking members, supported by over 100 College staff. Together, our clinicians, all of whom give their time freely to the work of the College, and staff are committed to providing an innovative, relevant and inspiring programme of activity across the College, with the ultimate aim of enhancing patient safety.

With care and compassion at our core, our work is guided by our values of inclusivity, integrity, community, innovation, and inspiring, and we are committed to living these values and behaviours through the way we work and interact with each other.

College Strategic Goal, Purpose and Values

Our strategic goal is to be the ‘Go To’ Royal College with a stated purpose to inspire and nurture our members to deliver the highest possible standards of care for their patients through a forward looking, progressive approach to training, assessment, career support and professional development. To deliver this, we embrace the following values: pride in our heritage; professional; member focused; integrity; care and compassion; inclusive; influential and inspirational.


The two Chairs will work closely with the College President, CEO, Finance Director and others to ensure the Committees deliver their remits which are outlined below.

Both roles will also be Trustees of College and members of College’s Executive Board.

Time Commitment

Each Chair will be required to attend a minimum of four Committee meetings and six Executive Board meetings each year. Additional ad hoc meetings are also likely to be required.

The Chair of the Committee will be for a maximum of two three-year terms.

Finance & Investment Committee

TThe Finance & Investment Committee is being newly formed, taking over part of the role of the previous Finance, Audit & Risk Committee, as well as absorbing the responsibilities of the previous Investment Committee. Its purpose is to support the College Executive Board and the Chief Executive Officer by reviewing and making recommendations to the College Executive Board on the financial plans and financial performance of the College, staff remuneration policy, and investment policy and strategy, and implementing the College’s investment strategy with the assistance of the College’s Investment Advisors.

Audit & Risk Committes

The Audit & Risk Committee is being newly formed from the previous Finance, Audit & Risk Committee in order to allow College greater focus on its strategic risk management. Its purpose is to support the College Executive Board and the Chief Executive Officer by reviewing the comprehensiveness and reliability of assurances on the adequacy of the College’s risk management processes, internal control environment, governance arrangements, and the integrity of the College’s Annual Report and Financial Statements.