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Army Central Fund – Trustee with Investment Management Experience
***THIS JOB VACANCY HAS NOW CLOSED***
Position: Trustee (Investment Management Expertise)
Organisation: Army Central Fund
Commitment: Approximately 4-5 days per year
Salary: Voluntary (reasonable expenses reimbursed)
About Us The Army Central Fund (ACF) is a grant-making charity working to improve the physical, mental and social well-being of serving British Army personnel and their immediate families through the award of financial grants to military commands and organisations as well as to national and local UK registered charities. On average the ACF disperses around £3m in grants every year, delivering a better quality of life for Army communities, both Regular and Reserve, in the UK and overseas.
We are seeking a dedicated Trustee with significant investment management experience to help us maximise the impact of our endowment and ensure our financial sustainability.
The Role As a Trustee, you will play a key role in the governance and oversight of the Army Central Fund. Specifically, we are looking for someone with expertise in investment management to provide guidance on the oversight of our investment portfolio, working alongside the Board and external advisors to ensure our funds are managed prudently and effectively.
You will contribute to strategic decision-making, ensuring that our investment strategies align with our mission, values, and long-term objectives. This is a unique opportunity to bring your financial acumen to a purpose-driven organisation and make a tangible difference to the communities we serve.
Key Responsibilities
* Provide oversight of the charity’s investment portfolio and strategies.
* Advise on investment policy, performance monitoring, and risk management.
* Collaborate with fellow Trustees and external investment managers.
* Contribute to broader board discussions and decision-making regarding grant-making, strategy and governance.
* Act as a champion for the charity’s mission and values.
About You We are looking for a Trustee for an initial term of three years. The ideal candidate will bring a background and expertise in either long-term investment portfolio management or charity finance and financial administration. Experience of Defence in general, or the British Army in particular, is desirable. You will have a proven track record of advising on investment strategy, risk assessment and portfolio performance and will use this to help ensure the ACF’s long-term financial health. As a member of the ACF Board you will also be responsible for governance, oversight of financial strategy and decision-making around the allocation of grants. You will bring strong strategic thinking and the ability to provide clear, informed advice, as well as a commitment to the charity’s purpose and the ability to act as an ambassador for its mission.
Prior experience on boards, committees or as a Trustee is desirable but not essential. We welcome applications from individuals with diverse professional and personal backgrounds who can bring fresh perspectives to our Board.
What We Offer
* The opportunity to contribute your expertise to a purposeful, impactful charity.
* The chance to help shape the future direction of our investments and long-term strategy.
* A collaborative and supportive Board of Trustees.
* Reasonable expenses covered for participation in Board activities.
Time Commitment The Board meets 2-3 times per year (normally in-person at Army HQ in Andover, Hampshire), with additional time required for meeting preparation. Between meetings there is a limited amount of email discussion and some out of committee decisions required. From time to time Trustees will be invited to attend events to represent the ACF, or to visit grant recipients and projects.
How to ApplyIf you are passionate about using your investment expertise to support a grant-making charity delivering vital welfare support for serving British Army personnel and their families, we would love to hear from you.
To register your interest or to arrange an informal discussion about the role, please contact Caroline Crewe-Read, Director, Army Central Fund at director@armycentralfund.org.uk or 07949 467588. A full role description will then be forwarded to you, with further information about the application process.
Interviews will be held at the Victory Services Club in London on Monday 10 March 2025.
The Army Central Fund is committed to diversity and inclusion. We encourage applications from all backgrounds and communities.
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