The FRAPP committee has delegated responsibility for ensuring the strategic directions set by the Board around finance, audit, risk, policy and performance are monitored and maintained by the organisation.

It will:

  • develop the financial strategy of our Association
  • review income and expenditure
  • review budget performance
  • oversee investment and capital expenditure
  • approve and review investment policy and performance
  • approve and review reserves policy and performance - ensuring appropriate insurance policies exist

The FRAPP committee has up to seven members, and we're currently recruiting for one member. The Chair may be a BACP or lay (non-BACP) member. Each committee member has one equal vote.

Carrying out the role

You'll be expected to:

  • attend committee meetings fully prepared to participate and ensure key decisions are reached, having read all the information sent out
  • participate in the committee’s performance review, and work with BACP staff to develop the committee's skills set
  • attend BACP events, including the AGM, to promote and support the work of the committee and answer any questions members may have
  • maintain absolute confidentiality of any sensitive and confidential information you receive 
  • always act in the best interests of BACP to support our charitable aims and achieve our strategic objectives
  • observe the code of conduct, policies and procedures as they relate to volunteers
  • participate in ongoing training and development
  • uphold the seven principles of the Charity Governance Code:
    - organisational purpose
    - leadership
    - integrity
    - decision making, risk and control
    - board effectiveness
    - diversity
    - openness and accountability

Skills and abilities

You should:

  • have a sound understanding of management accounts and financial reporting
  • understand investments and investment portfolios
  • understand performance management, KPI setting and tracking
  • understand external or internal audit
  • understand risk management
  • be willing to devote time and effort
  • have good, independent judgement
  • understand the responsibilities of the position

Knowledge and experience of the third sector would be an advantage but is not essential.

You don't have to be a BACP member to apply. Members who are currently under investigation, or sanction, through our professional conduct procedure cannot apply.

Time commitment

You must attend four committee meetings a year, always before our Board meetings, and at other times as required.

You'll also be expected to commit any additional time necessary to satisfactorily perform the duties of sitting on a governance committee for a minimum of 20 days per year. 

Remuneration

There is no remuneration for this role, however we will reimburse reasonable expenses incurred in carrying out the role in line with our volunteers expenses policy. 

Any other remuneration is subject to Charity Commission guidelines and approval of the Board of Governors.

BACP has made it our responsibility when attracting and meeting with new talent to be inclusive and accessible, we welcome applications from people from diverse backgrounds and underrepresented communities. BACP is Disability Confident Committed and we'll make reasonable adjustments wherever possible to support you in your application and candidate journey throughout the recruitment process.

Term of office

Committee members are appointed for up to three years. This may be extended for a further three years.