What is a Chartered Secretary?
We answer some frequently asked questions about the role of a Chartered Secretary.
What is a Chartered Secretary?
Chartered Secretaries are high-ranking professionals with a diverse set of skills; trained in corporate law, finance, governance and corporate secretarial practice, Chartered Secretaries are the focal point for independent advice about the conduct of business, governance and compliance. They can also offer legal and accounting advice and manage the development of strategy and corporate planning.
By becoming a Chartered Secretary you will not only gain a broad skill-set, but also have:
- access to a wide-variety of different job roles
- diversity of responsibilities
- a fast-track to high-level roles, working with the board
- earning potential of up to £180,000
- the option to move across sectors
- an internationally recognised qualification
- the opportunity to work overseas.
To find out more about the role of a Chartered Secretary, view our video below.
What job roles do Chartered Secretaries perform?
As a Chartered Secretary you can work across the sectors from corporate to not-for-profit, charity and the NHS. Many work as company secretaries but there are a wide variety of other roles Chartered Secretaries perform, including:
You may also have the opportunity to work in practice, setting up your own company, offering business and legal services to a range of clients.
What does a Chartered Secretary do?
The specific responsibilities of a Chartered Secretary vary depending upon the level of the job role, the size of the organisation and the sector in which it operates. However, responsibilities typically include:
- advising the board on effective decision-making, legal and regulatory matters and risk management
- developing and managing strategies to ensure compliance with legal and statutory requirements and identifying areas for improved corporate governance
- managing board, shareholder and trustee communications, reports and meetings and liaising with auditors, lawyers and tax advisors
- leading on issues essential to business performance, such as negotiation of contracts, finance, accounting, insurance and property
- interpreting and advising on financial reporting
- implementing changes in relevant legislation.
What salary can a Chartered Secretary expect?
The all-important question. Salaries vary greatly depending on job role and organisation type. As a guide, a fully qualified Chartered Secretary working in the private sector earns anything between £55,000 and £180,000* on average, with top company secretaries for a FTSE 100 company earning up to £305,600 basic.
A company secretarial assistant earns on average between £28,000 and £42,000 with top roles offering £45,000 working in the private sector.* Some of our students start their career in a secretarial assistant role and study for the ICSA qualification at the same time, so they gain valuable professional experience as well as earning an income and gaining a professional qualification.
*Information taken from Chambers and Partners Salary Survey 2010–2011.