Background

For 425 years, the Royal College of Physicians and Surgeons of Glasgow has been improving health and healthcare for people around the world. Today, we remain the only multidisciplinary Royal College in the UK, home to more than 15,000 physicians, surgeons, dental surgeons and specialists in the fields of travel medicine and podiatric medicine.

College Vision, Purpose and Values

Our vision is to build an influential global community that enables our members to develop the skills, knowledge and influence to improve healthcare standards worldwide. Our purpose is built around delivering:

• Excellent education and outstanding member experience
• Elevated standards through assessment and gold-standard qualifications
• Transformative impact on health, wellbeing and the wider world

Our values support us in the delivery of our purpose, and articulate what we stand for, and the way we work. We live and work according to the values of:

• Community
• Integrity
• Innovation
• Inspiration
• Inclusivity

Purpose of the Audit and Risk Committee

The Audit and Risk Committee’s purpose is to support the College Trustees/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.

Overview of role

The Chair of the Audit and Risk Committee, who will also be a College Trustee, will work closely with College’s President, Registrar, CEO and Director of Finance, Operations and ICT Services to guide the Committee in achieving its purpose.

The Chair of this Committee is a member of College’s Executive Board.

This role is non-remunerated. Reasonable expenses will be reimbursed.

Trustee responsibilities

Trustees are responsible for the overall strategic direction, leadership, supervision and control of the activities and affairs of the College. They must use all reasonable endeavours to ensure that they:

• Exercise proper control over the College’s activities, assets, staff and consultants.
• Ensure that the College acts in compliance with all legal requirements.
• Set or approve appropriate strategies, policies, proposals and budgets, and monitor theCollege’s performance against them.
• Put in place an appropriate framework of delegation, and appropriate systems of internalcontrol.
• Conduct the affairs of the College with honesty and integrity.
• Carry out regular risk reviews and take appropriate steps to manage or otherwise respond tosignificant risks to the College and its affairs.
• The affairs and activities of the College are sufficiently able to stand the test of scrutiny bythe public, the media, charity regulators, Fellows and Members, other stakeholders,Parliaments and the courts.
• Comply with all applicable statutes, rules and regulations and the Trustee Code of Conduct.

Time Commitment

The Chair will be required to attend four Audit & Risk Committee meetings, six Executive Board meetings and six Council meetings each year, an annual time commitment of roughly 40 hours. The Chair will be expected to work closely with the Chair of College’s Finance & Investment Committee.

Additional ad hoc meetings are also likely to be required.

While some in person attendance will be required, meetings are generally hybrid.

The Chair of the Committee will be appointed for a term of three years with the option of serving a maximum of two terms by mutual agreement with the Chair of the Trustees

Person Profile

College is looking for a Chair who has:

• Significant professional experience overseeing one or more of statutory audit, internal audit,or organisational risk management of complex, customer focused organisations.
• Knowledge of the charitable sector.
• Experience of a Professional Body and/or at least one of Membership, Education,Examinations or the Health sector would be advantageous.
• A relevant professional qualification and membership of a professional body.
• Strong commercial acumen.
• The gravitas and personality to contribute effectively as a College Trustee and member of College’s Executive Board.