The Financial Reporting Council (FRC) Tribunal Panel hears public interest disciplinary matters involving UK actuaries, accountants and audit firms which have been brought by the FRC under its disciplinary Schemes or procedures.
The independent Appointment Committee responsible for the composition of Tribunal Panels is now looking to appoint five new members to serve as Legal Chairs for these Tribunals.
The Committee invites applications from individuals who are:
a) A lawyer (current or former member of the judiciary, a barrister, an advocate or a solicitor), with a preference for, but not limited to, those with a chancery or commercial law background and an understanding of financial statements and actuarial work.
b) Experienced in reading, analysing and distilling substantial bundles, both in paper and electronic format.
c) Confident in directing and leading multiple-week hearings efficiently.
d) Experienced in drafting decisions on complex matters in a succinct and logical manner, providing clear reasons for the Tribunal’s final decision.
e) Able to facilitate constructive and collaborative team discussions to build consensus among the Tribunal members.
In addition, candidates should:
a) Have a strong interest in ensuring fairness and justice and the importance of evidence-based, proportionate decisions which serve and promote the public interest
b) Be looking to utilise their skills and experience in a unique and challenging role
c) Want to help secure and maintain public confidence in the high standards and integrity of the accounting and audit professions in the UK.
d) Be open-minded and willing to act as a member of a team of highly competent professionals
e) Have not been an employee of an audit firm, an accountancy professional body or the FRC within the last three years
The closing date for qualified legal chairs is Monday 6 June. Interviews will be on Monday 4 and Friday 8 July.