Non-Executive Director · London Wealth Manager · c.£750m AUM

NED Capital is retained to appoint a Chair of the Audit Committee (SMF11) to the board of an established, London-based wealth management firm with assets under management of approximately £750 million. This is a non-executive board appointment carrying a designated Senior Management Function under the FCA’s Senior Managers and Certification Regime, and it offers an accomplished audit-qualified director the opportunity to lead audit committee oversight at a well-regarded and growing regulated business.

The firm is a serious, client-focused wealth manager with a strong reputation and a considered approach to governance. As the business continues to grow, it is strengthening its board and committee structure, and the Audit Committee Chair is a central appointment in that plan — leading the board’s oversight of financial reporting integrity, internal controls, and the internal and external audit relationships.

The Role

As Chair of the Audit Committee, you will lead the board’s oversight of the firm’s financial integrity and control environment. The role carries personal accountability under the SMCR for the discharge of the committee chair’s responsibilities, and its core dimensions include:

• Leading the audit committee and overseeing the integrity of the firm’s financial reporting and accounting judgements.
• Overseeing the effectiveness of the firm’s internal controls and, where applicable, internal audit function.
• Owning the relationship with the external auditor — appointment, independence, scope and the audit findings.
• Overseeing the firm’s whistleblowing arrangements, where these fall within the committee chair’s remit.
• Providing independent challenge to the executive, and reporting the committee’s work and conclusions to the board.

You will work closely with the firm’s Finance Director and, where relevant, its risk and compliance functions, and will engage with the auditor and, as required, the regulator. This is a full non-executive board role with the statutory duties of a director, sharpened by the regulatory accountability the SMF11 designation carries.