Innovate UK Loans Ltd – Non Executive Director and Credit Oversight Committee Chair

Innovate UK Loans Ltd – Non Executive Director and Credit Oversight Committee Chair. Applications must be submitted by 14-04-2026. Salary: £6,850 per annum. 20 days' contribution per year. Initial period of up to three years. Non-Executive Directors participate in approximately five formal meetings per year, usually in London or Swindon, but virtual attendance is also considered. The role involves advising the board on strategy and arrangements for innovation loans, overseeing the performance of innovation loans products portfolio, and recommending changes to the board. The successful candidate will have extensive experience in credit risk, loan origination, portfolio oversight, or investment, ideally with exposure to SME lending, venture finance, innovation funding, and experience as a Committee Chair and Non Executive Director in a public sector and/or financial services organisation.

Requirements

• Extensive experience in credit risk, loan origination, portfolio oversight, or investment
• Committee Chair and Non Executive experience in a public sector and/or financial services organisation
• Understanding of financial products and services
• Understanding of SME innovation/ research commercialisation
• Oversight of public sector and/or financial services organisation risk management framework
• Operating in public sector finance and control environment
• Managing relationships with Stakeholders
• Managing organisational performance
• Managing financial crime, market abuse and insider trading
• Understanding of regulatory requirements in accordance with the Financial Conduct Authority

Benefits

• Honorarium of £6,850 per annum