Salix Finance Limited, Chairman

JOB TITLE

Salix Finance Limited, Chairman

COMPANY NAME

Department for Business, Energy and Industrial Strategy

CONTACT

Joshua Sweet - [email protected]

LOCATION

London, but virtual for the foreseeable future

SALARY

The remuneration of £130k pro rata (i.e., £24k per annum / £500 per day. The role is not pensionable.

CLOSING DATE

31/10/2022

PUBLISH DATE

26/10/2022

WEBSITE

https://publicappointments.cabinetoffice.gov.uk/appointment/salix-finance-limited-chairman/

Vacancy Description

Do you want to play a key role in contributing towards the Government’s commitment on net zero carbon emissions by 2050?

Salix Finance Ltd. (“Salix”) is a BEIS Non-Departmental Public Body (NDPB) and the delivery body for the Government’s Public Sector Decarbonisation Scheme (PSDS) and Public Sector Low Carbon Skills Fund (LCSF). The PSDS provides grant funding to public sector organisations for heat decarbonisation and energy efficiency projects to reduce greenhouse gas emissions from public sector buildings. The LCSF provides funding to ensure public sector organisations have the capacity and capability to develop heat decarbonisation projects.

Salix is playing a pivotal role in helping to realise the Government’s ambition for the public sector set out in the Net Zero Strategy and Heat & Buildings Strategy (both launched in October 2021), to reduce direct emissions from public sector buildings by 75% from 2017 levels by the end of 2037.

Phase 1 and Phase 2 PSDS (2020/21 and 2021/22, respectively) committed a total of just over £1bn to deliver heat decarbonisation and energy efficiency projects within the public sector. A further £1.425bn was announced in 2021 to a third phase. The first allocation round under Phase 3 was completed earlier this year, with £556m committed to over 200 projects across the public sector.

To enable Government to deliver ambitious goals towards net zero and support low-income households, Salix and BEIS are jointly exploring the potential for Salix to expand their responsibilities as delivery agent, for household energy efficiency schemes such as the Social Housing Decarbonisation Fund (SHDF) and Home Upgrade Grant (HUG) schemes. The schemes deliver energy efficiency and low-carbon heating upgrades to low-income household, who live in social and private housing sectors across England.

We are seeking to appoint a Non-Executive Director Chairman of the Salix Board in early 2023. The Board is collectively responsible for the long-term success of Salix through the provision of:

  • Strong strategic leadership of the organisation, including setting and overseeing the organisations strategic aims, values, culture and standards.
  • Excellent financial and risk management.
  • Oversight of the organisation’s delivery against performance targets and expectations.

The successful appointee will participate in the Board’s work and will be expected to devote up to 48 days per year on Salix duties.

About the Role of Chairman

The role of the Salix Non-Executive Director Board Chairman (“the Chairman”) is to ensure that Salix’s policies and actions support the wider strategic policies of the Department for Business, Energy & Industrial Strategy (“the department”) and that its affairs are conducted with probity. Where appropriate, the Chairman will support the Salix CEO in ensuring that the department’s policies and how Salix will support them, are clearly communicated and disseminated throughout Salix.

Over 2022/23 to 2024/25, the Chairman’s leadership will be particularly instrumental in ensuring that Salix can successfully deliver across three strategic objectives:

  • Ensuring that Salix continues to be seen as a national exemplar in its field in delivering the Government’s ambitions in achieving net zero;
  • Ensuring the timely implementation of recommendations arising from the departmental reviews of Salix undertaken in 2022; and
  • Enabling Salix to establish and consolidate a regional presence as Salix seeks to locate some roles outside of London under the Government’s Places for Growth agenda.

The Chairman will have an obligation to ensure that:

  • the work of the Board is regularly reviewed and is working effectively;
  • the Board has a balance of skills appropriate to directing Salix’s business, as set out in the Government’s Code of Practice for Corporate Governance; and
  • they and the other Non-Executive Directors (NEDs) receive appropriate training on financial management and reporting requirements, covering any differences that may exist between private and public sector practice, including the department’s NEDs Partnership’s training.

The Chairman is expected to uphold the highest standards of integrity, probity, impartiality and objectivity and to be the driving force in ensuring that the Board and Salix’s executive directors are instilling the appropriate culture, values and behaviours in the boardroom and beyond.

Person Specification

We are seeking candidates that successfully demonstrate the following: 

Essential criteria 

  • Extensive experience of operating as a Non-Executive Director in the private or public sector.
  • Proven ability to set strategic direction, including in periods of change and uncertainty, and demonstrating awareness of public policy developments.
  • Strong evidence of effective leadership in a large organisation, including of significant organisational transformation.
  • Strong ability to build relationships, influence, challenge and build consensus at senior level; and
  • Significant Board experience: ensuring probity; ensuring the integrity and effective of governance and its processes; and the effective leadership of continual improvement.

Additionally, candidates will need to demonstrate experience/skills in one or more of the following areas:  

  • Experience of acting as a Board Chair;
  • Extensive experience working with or for Local Authorities and/or Housing Associations; and/or
  • Extensive experience of acting as an Executive Director of a public sector organisation.

How to Apply

The closing date for applications is 9am on 31 October 2022. Late or incomplete applications will not be accepted.

To apply, please:

  • Complete the online application form by clicking here.
  • Submit your cover letter and CV to Joshua Sweet at [email protected] with ‘URN 552’ in the subject heading.

Applicant packs can be provided in other formats upon request.

You should submit one document combining a two-page statement of suitability and two-page CV (no more than four sides of A4 in total). Please refer to the assessment criteria in your CV and statement of suitability. You should save the document as ‘Surname, Initial – URN 552 Salix’.

The key to a good application is to give the reader specific information about how you meet the criteria for appointment. Think about your knowledge, skills, experience, and personal attributes, and take full advantage of the space available. Provide practical evidence that best demonstrates how you meet the essential criteria