DWP seeking Chair for MaPS
Money and Pensions Service – Chair
The Money and Pensions Service’s (MaPS) vision is everyone making the most of their money and pensions.
MaPS is an arms-length body sponsored by the Department for Work and Pensions (DWP). MaPS provides free and impartial money and pensions guidance across the UK, as well as debt advice in England. In providing these services it supports the policy delivery of DWP and HM Treasury (HMT). The organisation was initially set up under the Financial Guidance and Claims Act 2018 as the Single Financial Guidance Body (SFGB). On 1st January 2019, SFGB began delivering against its functions and became known as the Money and Pensions Service in April 2019.
MaPS is funded by levies on both the financial services industry and pension schemes.
DWP is looking for someone with exceptional communication and leadership skills to join us in a high-profile role, leading the Board of the Money and Pensions Service (MaPS).
The Role of MaPS Chair
DWP is looking for someone with exceptional, communication and leadership skills to join us in chairing the Board of the Money and Pensions Service (MaPS).
The successful candidate will be able to demonstrate alignment with the MaPS’ broad social purpose, and a clear and demonstrable commitment to ensuring that senior strategic support and guidance is available to those functional areas operating within MaPS’ remit, working with both DWP and HMT Ministers and officials.
The successful candidate will have the following key responsibilities:
- Providing clear, effective leadership to the Board, taking personal responsibility for the overall success of MaPS with a focus on delivery of MaPS priorities, to drive improved outcomes and achieve the KPIs set out in the corporate plan, with accountability to the Secretary of State of DWP.
- Enabling a high standard of discussion and debate at Board meetings, and helping to steer MaPS by facilitating collective, inclusive working, diversity across the organisation and a continuous learning ethos.
- Ensuring that, in reaching decisions, Board members take proper account of guidance provided by the responsible Ministers and MaPS’ policies and actions support the Government’s wider strategic aims.
- Ensuring that the Board both supports the Executive team and holds it to account for the efficient and effective delivery of MaPS’ service delivery, performance, strategic functions, and an agile response to transformation and changing consumer needs.
- Ensuring the effective operation of the Board and Corporate governance processes of MaPS, including appropriate oversight of the risks and controls framework, and operating within Managing Public Money and Cabinet Office Controls.
- Having a personal impact by building constructive, effective, and sustainable working relationships with external and internal stakeholders including DWP, HMT and Ministers and managing a high level of public scrutiny by acting as an ambassador for MaPS, ensuring a positive and creditable reputation.
- Demonstrating commitment to the Seven Principles of Public Life set out by the Committee on Standards in Public Life, ensuring collective behaviours and high standards of regularity and propriety are demonstrated by MaPS Board members; and
- Ensuring formal and rigorous annual evaluation of the Board’s performance, and that of its committees, with independent input at least every three years. Additionally, the Chair would provide line/performance management to the Chief Executive Officer and provide support where necessary.
Location: Board meetings are usually held in MaPS Headquarters (currently London) and recently have followed a remote access model, however depending on circumstance MaPS may adopt hybrid models with some attendees being present in person and others joining remotely.
Remuneration: £80,000
Time Requirements: 3 days per week
The vacancy closes at 17.00 on 23/08/22. For more information about the role and how to apply please click the link below.
Money and Pensions Service - Chair - HM Government Public Appointments (cabinetoffice.gov.uk)