Applications close in 326 days
6-month Contract (Opportunity for permanency) | Highly Attractive Salary | NT based | The NTAIC will be one of the largest commercial bodies in the NT, managing a portfolio of around $680 million over its first three years.
6-month Contract (Opportunity for permanency) | Highly Attractive Salary | NT based Applicants from across the Northern Territory are strongly encouraged to apply, although applicants with the desired skillset from other locations will also be considered. The interim Board strongly encourages Aboriginal and/or Torres Strait Islander candidates to apply. The acting Chief Executive Officer (CEO) is responsible for leading all aspects of the NTAIC operations. The acting CEO will need to uphold and reflect the values of the NTAIC. The acting CEO will work with the NTAIC Board to: • stand up the NTAIC as a new organisation including its corporate operations and functions; • establish the administration of the NTAIC’s grants and beneficial payments process; • develop the NTAIC’s inaugural strategic investment plan; and • determine the NTAIC’s broader organisational strategic direction. Under the legislation establishing the NTAIC, a person is not eligible to be appointed to act as the CEO if they are: A current Board member of the NTAIC; A member of a NT Land Council; or A member of staff of a NT Land Council. For a complete list of the duties, responsibilities and requirements to be eligible for the role, please contact Pipeline Talent. About the organisation The Northern Territory Aboriginal Investment Corporation (NTAIC) is a new Aboriginal-controlled body—designed in partnership with Aboriginal Territorians and funded from the Aboriginals Benefit Account (‘ABA’)—to invest in projects that will grow long-term wealth and support Aboriginal economies in the Northern Territory ('NT'), as well as support important social and cultural priorities. The Corporation will empower Aboriginal people to activate the economic potential of their land and strategically invest in their communities and businesses to grow wealth for future generations. The NTAIC will be a significant new economic vehicle in the NT. The Corporation is being established under the Aboriginal Land Rights (Northern Territory) Amendment (Economic Empowerment) Act 2021. The legislation was designed over four years in partnership with the four NT Land Councils (Anindilyakwa, Central, Northern and Tiwi), Aboriginal Territorians, the ABA Advisory Committee, and the Australian Government. The NTAIC is established to promote the self-management, economic self-sufficiency, and social and cultural wellbeing of Aboriginal people living in the NT. It will shift control of decisions over a significant portion of ABA funds into Aboriginal hands. An Aboriginal-controlled interim Board has been established to oversee the establishment of the Corporation and will become the permanent Board once the NTAIC commences, which must be before 13 December 2022. The full Board will comprise 12 members: a) two elected from each of the four NT Land Councils (i.e. eight in total); b) two appointed by the Australian Government , and two independent Directors appointed by the Board. The NTAIC will be one of the largest commercial bodies in the NT, managing a portfolio of around $680 million over its first three years. The Corporation will work within the rules set out in the Public Governance, Performance and Accountability Act 2013. It will have strong governance structures and transparent reporting to ensure accountability to Aboriginal people in the NT and the Australian Government.
You will be a recognised leader, committed to the success of Indigenous Australians. You will be a good listener, a resilient and effective influencer, and be able to build capacity to grow this newly established corporation. Selection Criteria 1. Demonstrated cultural capability including a respect for diversity and experience working with Aboriginal and Torres Strait Islander peoples. 2. Extensive senior leadership experience including the ability to direct business operations and a solid track record of: a. working effectively with a diverse Board; b. leading an organisation through start-up or transformational change; c. leading the development and implementation of organisational strategic plans; d. identifying, seizing and commercialising opportunities; and e. community development or capability building. 3. Demonstrated experience with governance and management of investment funds and grants management processes and systems. 4. Demonstrated stakeholder engagement and communication skills, including the ability to build and maintain relationships with stakeholders in industry, government, media and Aboriginal communities across the NT. 5. Ability to interpret the legislative and policy frameworks relevant to the NTAIC and Corporate Commonwealth Entities more broadly, including the Aboriginal Land Rights (Northern Territory) Act 1976 and the Public Governance, Performance and Accountability Act 2013.
• 6-month opportunity, beginning on commencement of the corporate (must commence by 13 December 2022) with opportunity for permanency. Note, there may be an opportunity for the acting CEO to be engaged by the National Indigenous Australians Agency prior to the NTAIC’s formal commencement to assist with the operational establishment of the NTAIC, at the NIAA’s discretion. • Highly attractive salary. • An exciting opportunity to work with Aboriginal Territorians and the Board to shape the NTAIC and its substantial financial portfolio and support Aboriginal communities, culture and businesses. • An excellent work environment with strong technology support and flexible work conditions – good for work-life balance.
Applicants from across the Northern Territory are strongly encouraged to apply, although applicants with the desired skillset from other locations will also be considered. How to apply Applications should be submitted to [email protected] with the subject line “NTAIC – Acting CEO”. Your application should include: • a cover letter [maximum two pages] responding to the five selection criteria as detailed above. • an up-to-date CV of no more than five pages which clearly details your skills and experience as relevant to this role. Applications must be received by Midnight Thursday June 16th, 2022. Late submissions will not be accepted. How to get more information Additional information is available in the detailed role description which can be provided on request by contacting the team at Pipeline Talent. Tiana Callaughan Email: [email protected] Ph: (02) 8001 6603 or 0476 538 307.