Catalyst wishes to invite candidates who share our passion for innovation, and our ambition for Northern Ireland, to submit applications in the form of their CV for the appointment of up to four Non-Executive Directors to the Board. As an Equal Opportunity employer, we make appointments on merit and ensure there is broad diversity on our Board and throughout our organisation.
Responsibilities of Non-Executive Directors
The main duties are:
1. To act as an ambassador for the Board, representing and acting impartially in good faith and in the best interests of Catalyst at all times.
2. To undertake the duties of a Company Director according to lawful and ethical standards and within the principles of the Combined Code.
3. To prepare for and attend Board meetings, Committee meetings and other relevant events.
4. To provide strategic leadership and direction to Catalyst and ensure delivery of the strategic objectives and vision.
5. To analyse and review complex issues, weighing up conflicting points of view and reach sound and reasoned decisions.
6. To ensure that constructive relationships are built and maintained between executive officers and Non-Executive Directors; and formulate positive working relationships with other Board Members.
7. To ensure that there is an effective risk management system in place.
8. To constructively challenge and uphold the integrity of financial information.
9. To ensure that Catalyst acts as a responsible employer.
10. To contribute to the annual assessment of Board Effectiveness.
11. Whilst not a public body, the Catalyst Board adheres to and feels passionately about the Nolan Principles. Board members should exhibit these principles in their own behaviour.
Time Commitment and Remuneration
Commitment: 1-2 days per month.
Successful applicants will be expected to attend most Board meetings, Committee meetings and other events. By applying for the post it is assumed that you can meet the time commitment. If shortlisted this issue will be explored at interview. Most meetings will take place during normal working hours.
Remuneration: Currently £10,500 per annum.
Term of Appointment: Up to three years (one term) but can seek re-appointment for up to five additional one-year terms. An annual assessment of the performance of Non-Executive Directors is carried out by the Chair of the Board throughout the period of appointment. Reappointment may be considered subject to satisfactory standard of performance during the initial period of office.
Starting Date: November 2020 or as soon as possible thereafter.
Location: Most Board meetings are usually held at Catalyst, Queen’s Road, Queens Island, Belfast.
Expenses: Following appointment, travel and subsistence expenses are payable within reason.
All remuneration is subject to deduction of income tax and national insurance.
Catalyst seeks to recruit Board members who have experience operating at a high level in one or more of the following areas:
1. Property: Particularly Asset/Estate management or Project/Facilities management.
2. Knowledge based sectors: Particular areas of interest would include but not limited to Biotech, Life Sciences, Pharmaceuticals, Fintech, Digital, Software.
3. Public Affairs and Political Landscape: Understanding and experience of the political and policy making processes of Government in Northern Ireland, London, and Brussels.
4. Legal: Corporate or commercial law.
5. Finance: Particular areas of interest would include but are not limited to audit and risk management, and venture capital financing.
6. Marketing: Strategic marketing expertise with a focus on corporate brand positioning and building community.
7. Skills & Innovation: An understanding and experience of the development of skills and innovation as key elements of economic growth in advanced economies.
Applicants must demonstrate in their CV that they can satisfy at least three of the following criteria:
1. Recent and relevant experience of operating either at Board level as a Board member, or as part of a senior executive team.
2. Experience (as head or as part of the senior executive team), of leading an organisation through strategic development and direction setting, delivery and execution of strategic plans.
3. Experience of the principles and practice of effective corporate governance.
4. Experience of enabling or participating successfully in regional economic initiatives. These may include, for example; research networks in the UK, in Ireland or in the EU; or in the development of sectoral clusters; or in cross border projects; or in encouraging entrepreneurial eco-systems, or in supporting inward investments.
5. Experience as a successful entrepreneur, or working with an entrepreneur, of a growing company targeting internal and/or export markets.
6. Successful international business experience.
Applicants should also be able to demonstrate the following competencies:
Strategy/policy formulation: Strong strategic planning skills and the ability to work with orders to develop strategic vision.
Delivering Results: Motivated by success and passionate about working and achieving higher results even in the face of difficulties, is optimistic and tenacious all through.
Building constructive relationships in external environments: Must be able to make an impact, persuade and influence individuals or groups in order to gain support and action for ideas, proposals or initiatives put forward in order to achieve a specific objective or result.
Higher Cognitive Skills: The ability to solve problems by analyzing situations and apply critical thinking in order to resolve problems and decide on courses of action and implement novel solutions developed with empathy.