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Non Executive Directorships

NED for Origin Housing

Location: London

Date Posted: 12/04/2019

Closing Date: 30/04/2019

Non-Executive Director (Non Exec) specialising in property and property finance is required for Origin Housing a leading Housing Association, based in Central London.
Our client provides housing for those who are unable to afford to rent privately and helps working households on modest incomes to own their own home. They also provide services to people with support needs to enable them to live fulfilling independent lives.

The appointed Non-Exec, who will be paid a remuneration of £5k pa, will be also required to sit on an appropriate Sub Committee or panel. The time commitment is estimated at around 2 days per month formal and informal time.

The Company:

  • Our client is a well-established, successful and ambitious provider of affordable housing and care and support services in London and the Home Counties and has strong social values and purpose, allied to commercial and business expertise.
  • It owns and manages over 6,500 homes, has a turnover of approximately £60 million, a loan portfolio of £345m and a pipeline of 1,000 homes in development. There has been continued significant investment in maintaining and improving their existing stock.
  • Origin services include key worker accommodation, shared ownership and social rented housing for both general tenants and vulnerable tenants including older people, young people and those with learning disabilities or mental health issues. These tenants often require additional support and services which the organisation also provides.
  • They invest in communities through partnerships with voluntary and statutory agencies.
  • The organisation also builds homes for outright sale, because the profits from the sales help to finance their charitable activities.
  • The organisation has embarked on a change programme focused on improving service quality and enhance efficiency
  • Based in Central London, a short walk from major rail and tube stations.

Non-Exec Director Role/Requirements:
We are looking for a Non-Exec Director with the following requirements:

  • Has held a Director position in a medium to large scale business with a £20m min turnover (5 years minimum)
  • Substantial property and property finance experience with knowledge of investing in real estate (could be City property experience)
  • Corporate finance and treasury management knowledge/experience
  • Residential and commercial property expertise with an understanding of acquiring, developing, funding and building new property
  • Proven strategic expertise
  • A commitment to Origins social purpose and values
  • A collaborative approach and respectful attitude in working with others
  • An understanding of the Non Exec role but do not need to have been a Non Exec before.

The remuneration package for this role is of £5k per annum.
The Non-Executive Director will be expected to work on average 2 days per month (more during the first 6 months to accommodate induction).
The Non Exec will be expected to attend:

  • 5 Board meetings a year (weekdays afternoon/early evening)
  • A one day strategy planning event (weekday)
  • Serve on an appropriate Sub-Committee or specialist panel, in addition to the main Board, which will meet 4 times a year
  • Attend occasional training sessions and site visits.

Applying for the role:

Candidates who feel they meet the above criteria are invited to apply having first registered their CV with First Flight Non-Executive Directors (if they have not already done so there is no charge) by using our Apply For Role tab for role Number 1077 and completing the application form explaining how they match the key criteria we have set out for the role.

A DBS check and declaration of interests will be required for the successful candidate prior to appointment.

The role will close on: April 30th

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