Chair, Banking Committee

Position: Chair, Banking Committee — Global Risk Alliance (GRA) / Nexus Governance System
Type: Banking and credit-market interface governance leadership role (non-executive; strictly non-executing)
Board: Council committee chairs are considered for Board/Trustee nomination after serving in good standing
Location: International (distributed, hybrid)
Term: 3 Years
Time commitment: ~15–30 hours per month (build-year cadence; surge periods around program shelf releases, covenant/readiness reviews, and event/cycle escalations)
Apply here: https://therisk.global/work/job/chair-banking-committee/

Context and Purpose

Banks and credit markets can fund resilience at scale only when programs are diligence-ready, monitorable, and enforceable: clear authority chains, standardized annexes, reliable evidence lineage, measurable covenants, and correctionable reporting. Most resilience programs fail to scale because each one is bespoke—documentation is inconsistent, monitoring is unclear, and “risk data” is not safe to rely on under audit, supervisory review, or litigation.

The Chair, Banking Committee governs the banking usability layer of the Nexus rail within GRA: standards and templates that make risk and readiness objects bankable—credit documentation annexes, monitoring and verification packs, covenant and disclosure frameworks, servicing-clock expectations, and conduct-safe interfaces that banks and DFIs can adopt—while preserving strict separation between governance and regulated execution.

This is governance—not execution. The role does not provide regulated advice, negotiate loans, structure deals, price credit, place debt, originate, distribute, custody funds, or imply endorsement. It produces governance artifacts and committee decisions that licensed institutions can use.

Key Responsibilities

• Chair the Banking Committee agenda, cadence, and decision rhythm; maintain a disciplined pipeline of bankability dockets (credit annexes, monitoring packs, covenant frameworks, disclosure rules, servicing clocks).
• Define “bankability” requirements for Nexus/GRA artifacts: diligence completeness, authority chain clarity, measurable conditions, monitoring integrity, and correction/supersession rules.
• Ensure outputs remain governance-safe: standard templates and requirements, not transaction structuring or deal execution.
• Standardize credit-ready documentation interfaces:
  • readiness/capex program briefs and annexes suitable for credit committees
  • covenants and conditions precedent (governance-safe templates)
  • reporting packs (cadence, KPIs, evidence requirements, audit trail)
  • event/exception handling (breach, cure, waiver posture—governance templates only)
• Maintain comparability across jurisdictions and programs to compress diligence friction and reduce transaction costs.
• Govern monitoring and verification posture for bank-facing programs: what is measured, how it is verified, how disputes are handled, and how corrections propagate through reporting and reliance.
• Ensure change control and version discipline: no silent edits, clear supersession links, and controlled updates to annex libraries.
• Ensure outputs are reliance-bounded: clearly state limitations, assumptions, and what constitutes safe reliance.
• Enforce conduct, neutrality, and competition-safe convening: prevent preferential access for any bank, arranger, advisor, or vendor; avoid “inside track” participation and pay-to-influence perceptions.
• Maintain strict non-execution boundaries: no pricing guidance, no lender selection, no origination steering, no term negotiation, no placement activity.
• Coordinate public-safe claims discipline to prevent “recognition” being marketed as credit endorsement or regulatory approval.
• Drive participation and seat coverage across commercial banks, development banks, DFIs, credit insurers/guarantors, and relevant public authority stakeholders—while enforcing fit-and-proper and conflict controls.
• Sponsor quarterly learning cycles: diligence friction lessons, monitoring failures, disputes, corrections, and improvements to bankability templates and standards.

Compensation, Remuneration, and Expenses

This role is designed to be trust-maximizing and capture-resistant in a regulated banking context.

• Governance authority is not paid. Compensation is never linked to votes, approvals, recognition decisions, enforcement actions, credit outcomes, market outcomes, or influence. No success fees. No pay-to-approve.
• Operational workload may be compensated (where permitted). If build-year operational work is required (annex library development, monitoring pack design, covenant templates, committee operations), compensation may be provided only for clearly defined operational services—scoped, time-bounded, deliverable-based, independently approved, and auditable, with conflicts safeguards.
• Expenses may be reimbursed. Reasonable, documented, pre-approved out-of-pocket expenses required for the role may be reimbursed in accordance with policy and handling requirements.
• Standing and independence apply. Continued service depends on remaining in good standing, meeting disclosure obligations, and maintaining independence consistent with integrity and conduct requirements.

Opportunities for Leaders to Join

• Build the bankability standards that compress diligence friction and make resilience programs fundable at scale across jurisdictions.
• Shape monitoring and covenant-ready frameworks that improve credit committee confidence without turning governance into execution.
• Convene banks and DFIs in a neutrality-safe forum designed to withstand supervisory and audit scrutiny.
• Strong performance positions leaders for broader chairing responsibilities and board consideration (without implying entitlement).

Leaders Profile

We are seeking senior leaders (typically 15+ years) with credibility across one or more of:

• Banking credit governance, risk governance, credit committee leadership, or portfolio risk oversight.
• Development finance (MDB/DFI), sovereign lending, infrastructure finance, or climate/resilience lending programs.
• Covenant design, monitoring/reporting systems, and credit documentation governance under audit/supervisory scrutiny.
• Banking regulation, conduct, or prudential oversight experience.

Capabilities and Mindset

• Diligence-first discipline: knows what credit committees need and how to standardize it without bespoke deal work.
• Boundary discipline: refuses execution drift (no pricing, origination, or term negotiation).
• Neutral convenor: can convene competitors and counterparties without preferential access or collusion risk.
• Correction-positive: treats corrections and traceable change control as trust-building for reliance.
• Strong documentation rigor: produces templates and decision records that survive audit and supervisory scrutiny.

Eligibility, Membership, and Independence

• Holds a primary full-time role outside the committee chair seat and can sustain the expected cadence and surge periods.
• Willing to fully disclose relevant interests (employer ties, advisory roles, lending/origination conflicts, financial interests) and comply with conflict-of-interest, recusal, and conduct requirements.
• Not placed in a situation where service creates unmanageable conflicts, compromises neutrality, or creates regulated-activity ambiguity.
• Accepts strict confidentiality, handling discipline, and communications integrity expectations.
• Commits to remain in good standing (participation, disclosures, and applicable contribution obligations).