Repayable Finance Director, CRF (EIN10)
Repayable Finance Director, CRF (EIN10)
Contract: Permanent, working 35 hours per week (Arts Council also recognises the benefit of flexible working as a valued part of the way we work, and welcome applications from individuals who require flexibility)
Salary: £70,000 - £80,000 per annum plus benefits including a final salary pension scheme, generous annual leave, and flexible and hybrid working.
Location: Manchester, Leeds, Newcastle, Birmingham, Nottingham, Bristol, Brighton or Cambridge (The role will be based at the office base listed; however, we are operating a hybrid way of working and support our staff to make use of remote working options when combined with regular on-site contact days with other members of the team, normally 1-2 days a week)
The COVID-19 pandemic placed enormous strain on the arts and culture sector, as many organisations were forced to close for prolonged periods. In response, the Department for Culture, Media and Sport (DCMS) established the Culture Recovery Fund (CRF), a diverse package of funding measures designed to support England’s cultural sector. A proportion of this support, £250 million, was provided in the form of 37 loans repayable for up to 25 years. These loans are administered, monitored, and repayments received by Arts Council England (ACE), acting as loan agent on behalf of DCMS.
You will be responsible for all aspects of Arts Council’s management of the CRF loans portfolio. You will be the principal contact with DCMS and will be required to meet with them regularly to report on a range of CRF loans portfolio issues and activities including formal portfolio reviews, loan reprofile recommendations, commissioning of external legal and financial advice, loans management process and systems. You will provide assurance to DCMS that the loans portfolio is being competently managed and that the risk that any of the loans defaults is minimised.
Recruitment for this role is being managed by Michael Page recruitment, to apply please click here
Equality Diversity and Inclusion Statement: Arts Council are committed to being an inclusive employer, building an inclusive workplace, and recruiting a workforce that is as diverse as the communities we serve. However, you identify, and whatever background you bring with you, we welcome you to apply for a role at Arts Council.
If there are any adjustments that would support you in your application, please do let us know when you apply. If you are disabled, Evenbreak are able to provide support with your application. For further information please visit their website here
Disabled, D/deaf and/or neurodivergent people and those from Black, Asian and Ethnically Diverse backgrounds are underrepresented in our workforce so we particularly encourage applications from people in these groups.
About us: Arts Council offers a range of benefits to our employees including hybrid and flexible working, a generous annual leave allowance and the Arts Council Retirement Plan - a final salary scheme. To find out more, click here.
Our Code of Ethics requires that employees of the Arts Council are not able to receive an Arts Council grant, investment or loan funding - either in person, as a member of a partnership, or for any organisation they own. There are also limitations on board or CEO positions employees can hold in organisations we fund. For more information on this, please talk to the recruiting manager or contact recruitment@artscouncil.org.uk
To view the recruitment pack and job descritpion which outlines more details about working for Arts Council please click here
Job ref: EIN10
Closing date: 11:55pm on 6th January 2025
Michael Page pre-screening Interviews: 13 &20 January 2025
1st Interviews: wc 27 January 2025
Please do NOT apply via the Arts Council jobs portal, your application will not be processed.
