Calling for Applications.

1. Role of the Board Member:
The incumbent is expected to sit on the main Board and the Finance, Audit, Risk and Compliance Committee (FARC) and on any other commitee as the business of the company may require from time to time.
a) Advise, recommend and oversee the implementation of an effective legal and compliance program.
b) Ensure sound internal controls and monitor adherence to them.
c) Regularly review company policies and recommend ammendments and improvements especially in the light of changing the face of the business and new laws and regulations coming into effect and any changes to existing legislation.
d) Ensure that there are sufficient audit processes, practices, and policies in place to identify and address weaknesses or risks.
e) Evaluate business activities of the Organization and ensure they are sound and align to viability and sustainability.
f) Provide guidance on legal and compliance matters.
g) Advise and assist with risk management.

2. Board Members are Expected to:
a) Be independant
b) Pursue the objectives of the organization
c) Pursue the agreed strategic priorities of the organization
d) Act with due diligence, care and good faith
e) Be committed to act in the best interests of the organization as a whole
f) Be heard at all Board meetings
g) Excercise independant judgement in all decision making
f) Understand and work within the legal framework of YCH
g) Board members may receive periodic presentations to assist in achieving such understanding
f) Develop, strengthen, maintain, and expand professional networks with respect to YCH
g) Deal with other Board members, staff, and stakeholders with courtesy and respect
h) Maintain confidentiality
i) Identify and declare any conflicts of interest perceived or percuniary
j) Prepare for meetings, attend meetings, and participate actively in discussions, raise concerns and hold YCH staff and management accountable, and
k) Determine the level of Remuneration and Allowances to be paid to the managing director.

3. Overall Function:
The Board of Directors has the ultimate responsibility for the governance of Yeast City Housing. They oversee and guide the company's management and business to execute the vision and mandate of the Board. The Board also provides oversight with respect to the strategic direction and key policies of the company.
The Board's decisions and actions are made through:
a) setting clear strategic directions for the organization
b) ensuring effective and effecient performance by the organization
c) ensuring effective governance processes and practices are in place
d) ensuring that the YCH meets the requirements of the law
e) facilitating effective consultations between YCH, staff members and key stakeholders and
f) selecting and appointing the Managing Director.

3. Overall Function:
The Board of Directors has the ultimate responsibility for the governance of Yeast City Housing. They oversee and guide the company's management and business to execute the vision and mandate of the Board. The Board also provides oversight with respect to the strategic direction and key policies of the company.
The Board's decisions and actions are made through:
a) setting clear strategic directions for the organization
b) ensuring effective and effecient performance by the organization
c) ensuring effective governance processes and practices are in place
d) ensuring that the YCH meets the requirements of the law
e) facilitating effective consultations between YCH, staff members and key stakeholders and
f) selecting and appointing the Managing Director.

4. Core Competencies:
The following outlines are the core competencies desired of potential candidates:
a) Sound governance knowledge base. AICD qualifications or similar preferred
b) Strategic thinker
c) Flexibility and adaptability to environmental changes (e.g. COVID-19)
d) Collegiate working style
d) Collaborative in nature with a focus on teamwork
e) An ability to understand key financial indicators
f) Experience on a prior Board would be helpful
g) Understanding of, or experience with membership organizations preferrable.
The Board as the governing body of YCH, is responsible for governance arrangements.

5. Requirements:
a) A qualified attorney with atleast 10 years' experience, 5 years of which should be in Business/Commercial Law, Contracts and Civil Litigation.
b) Must be an admitted Attorney of the High Court.
c) Solid knowledge of residential-rental Property Management.
d) Knowledge of legislation and regulations pertaining to Residential rental, Housing Act and Social Housing Act and Regulations and any other laws applicable to Social/Rental Housing.
d) A sound understanding of Finance in an organization.
e) Team player.
f) Network skills & passion for stuff and community empowerment.
g) Previous Board Experience.

The Board as the governing body of YCH, is responsible for governance arrangements:

Kindly Note
a) Non-Executive Directors' positions are not remunerated but all reasonable and agreed travel expenses will be covered by YCH.
b) The services are mostly required after hours (from 17:00) on quarterly basis to attend board and committee meetings but could include ad-hoc meetings that the board may require urgent deliberations and decisions on.
c) All applications must be in writing and addressed to
philisiwe@ych.org.za.
d) Should you not receive feedback from us by the 30th of August 2022 please consider your application unsuccessful.