Professional Regulation and Standards Compliance Board Member

Posted by: Association of Accounting Technicians Ltd

Employed By: Association of Accounting Technicians Ltd

Job Title: Professional Regulation and Standards Compliance Board Member

Salary or salary range: Voluntary

Contract type: Other

Location of position: Greater London/Hybrid

Application deadline: 13 June 2025

The Professional Regulation and Standards Compliance Board (PRSC) is responsible for overseeing all regulatory and standards-related functions at AAT. Operating independently, the PRSC ensures that our professional standards and regulatory decisions relating to our members and licensed members are impartial, robust, and aligned with the public interest.

The PRSC holds AAT to account for its duties as a supervisory and regulatory body. We are now seeking to appoint two new members to the PRSC Board:

• One Lay Member, bringing external, independent insight from outside the accounting profession.
• One AAT Member, offering practical experience and perspective from within AAT’s membership.

These roles will contribute to the strategic oversight of AAT’s professional standards, regulatory compliance, and supervisory responsibilities, including Anti-Money Laundering (AML) supervision.

While not a definitive list, AAT has identified the following areas of experience/interest which members may be engaged with:
• Professional conduct and disciplinary matters
• Professional body development and regulation
• Practice licensing
• Professional practice quality assurance (including CPD)
• Membership category development
• Anti-Money Laundering
• Professional ethics

The Role
Key Responsibilities
• Provide independent scrutiny and challenge on regulatory matters, upholding the integrity and independence of the PRSC.
• Contribute to the development of regulatory strategy and policy.
• Ensure regulatory decisions are fair, proportionate, and reflect the public interest.
• Monitor AAT’s performance as a supervisory authority under the Money Laundering Regulations.
• Maintain awareness of external developments in professional standards and regulation.
• Attend and actively participate in PRSC Board meetings (approximately four per year), as well as ad hoc activity where relevant.

Person Specification
Lay Member
• Demonstrates independence of thought.
• Strong track record of governance, regulation, anti-money laundering or public service.
• Understanding of professional regulation or ethical standards desirable.
• Commitment to upholding public interest and consumer protection.

AAT Member
• A current full AAT member (MAAT or FMAAT) in good standing.
• Demonstrates strong ethical judgement and commitment to professional standards.
• Experience in regulated environments or disciplinary/oversight functions is desirable.
• Clear understanding of the challenges and responsibilities faced by AAT members in practice.

Key terms
• Meetings take place four times per year, with one in person at the AAT offices and three online.
• Positions are not remunerated, and all reasonable expenses will be reimbursed in accordance with the Expenses Policy.
• Terms of Office will be three years with the option to be re-appointed for a second term.
• Applicants from all backgrounds and professions are invited to apply.
• AAT is committed to being an inclusive and welcoming place to work. We encourage applications from diverse candidates and make recruitment decisions based on skill and experience. We are a disability-confident committed employer and have signed up to the Race at Work Charter. We have also signed up for the Women in Finance Charter, and in 2022 we exceeded our target for appointing females into senior positions.

How to apply

Applications should be submitted by emailing governance@aat.org.uk
(reference: PRSC Board member role 2025 – Lay / AAT member).

Please ensure to include:
• your CV
• cover letter
• whether you are applying for the Lay member or AAT member position. For AAT member applications, please include your membership number.

The closing date for applications is noon on Friday 13 June.

As a Disability Confident employer, we will guarantee an interview for people with disabilities who meet all the essential criteria. If you would like to be considered under this scheme, please let us know.

• For further information, please contact the AAT Corporate Governance team at
governance@aat.org.uk
• Read more about AAT’s Governance structure https://www.aat.org.uk/about/what-wedo/governanc