Audit, Risk & Improvement Committee - Expressions of Interest

Summary

Penrith City Council is seeking to fill two independent positions on our Audit, Risk and Improvement Committee. The Committee was established in 2007 to promote good corporate governance at Council. Acting as an independent advisory Committee, it provides assurance to Council to assist with its oversight responsibilities, in alignment with the Guidelines: Risk Management and Internal Audit for local government in NSW.

Applications are invited from suitably qualified individuals for appointment to Penrith City Council’s Audit, Risk and Improvement Committee.

Penrith City Council is seeking to fill two independent positions on our Audit, Risk and Improvement Committee. The Committee was established in 2007 to promote good corporate governance at Council. Acting as an independent advisory Committee, it provides assurance to Council to assist with its oversight responsibilities, in alignment with the Guidelines: Risk Management and Internal Audit for local government in NSW.

The appointment panel will aim to ensure that the independent members, in aggregate, have recent and relevant experience to review and advise on the following aspects of Council’s operations: compliance, risk management, fraud control, financial management, governance, data collection, organisational performance monitoring, internal audit, business improvement and service reviews.

The Committee meets on a quarterly basis, plus an extraordinary meeting in October, and the term of appointment for members is up to four years. A typical meeting will run for up to 3 hours and requires pre-reading of the business papers (approx. 5 hrs).

Members will be paid in accordance with NSW Treasury: Prequalification Scheme: Audit & Risk Committee Independent Chairs & Members.