Non Executive Director - South Yorkshire, United Kingdom - Veredus

Description

Finance Yorkshire Group supports business growth across the region.

Finance Yorkshire Group's funds provides flexible investment packages to eligible Small and Medium-sized Enterprises (SMEs) based or locating to areas within Yorkshire and Humber with the ambition to expand, create jobs and improve productivity.

Finance Yorkshire was established in 2010 as a £112 million Fund to provide SMEs across Yorkshire and the Humber with funding to start, grow and prosper.

The Fund provided Seedcorn, Loan and Equity-linked investments ranging from £15,000 to £2 million, to help SME businesses raise gap funding alongside co-investment from private sector investors and commercial banks.

Working alongside financial intermediaries and other lenders and investors, Finance Yorkshire had fully invested its funds by 2017 and had already realised sufficient capital from its loan and equity investments to start a new Fund in 2021(Finance Yorkshire Investments Limited (FYI)) to reinvest this legacy whilst continuing to create further capital availability from its remaining portfolio of investments.

Finance Yorkshire Group manages its investment activities through its specialised independent Fund Management teams.

By investing in opportunities across Yorkshire and the Humber and successfully recovering its investment capital through loan repayments and equity exits, Finance Yorkshire Group continues to invest and support SMEs in the region for the long term.

Finance Yorkshire Group is now seeking to appoint up to two new non-Executive Directors to its Board.

Contribute to monitoring the strategic objectives of Finance Yorkshire Group and, where appropriate, influence changes to these to ensure that the performance and ambitions of the company are achieved.

Contribute to, and actively participate in, the promotion of the new Fund with Finance Yorkshire Group's stakeholders, clients, and potential beneficiaries to ensure long-term sustainability.

Participate in one of Finance Yorkshire Group's other Board committees, based on your experience. Risk and Audit Committee, Remuneration Committee and Nominations Committee.
Significant and recent experience at Executive or Non-Executive level.
Governance experience, including strategic planning, investment analysis, risk, and performance management.
Fund management experience or experience of working with Fund Managers desirable but not essential.

A Statement of Suitability (of around two pages) explaining how you consider your personal skills, qualities and experience provide evidence of your suitability for the role.