Location: Sheffield / Hybrid Working
(Expectation that you will attend an office at least 2 days per week)
Contract: Permanent
Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)
Salary: £30,000 – 37,500 depending on experience
THE ROLE
British Business Bank (BBB) has a diverse investment focus involving debt and equity, and this position is part of the business that manages a portfolio of direct lending funds, FinTech companies and the Banks Regional angel programme.
In this position you will be working as part of a team that is responsible for evaluating, structuring, and monitoring BBB capital supporting delivery partners whose focus is on providing debt and equity to smaller UK companies.
The role will involve working across the range of activities of the team, together with investment colleagues based in the Sheffield and London offices, and liaising with in-house legal, risk and finance teams as well as external advisors as appropriate.
The key aspects of the role will involve Portfolio Management, supporting team members in maintaining and updating portfolio data and valuations, monitoring the performance of investments in the current and expanding portfolio, supporting in the preparation of portfolio reporting and analysis, monitoring Delivery Partner correspondence and initiating the drawdown and distribution process. You will also be participating and maintaining records of internal and external meetings, working with colleagues in the Bank’s reporting and finance functions with respect to portfolio performance, and managing BBB’s relationship with third party contractors responsible for delivery of various aspects of programme operations.
As part of the Investment Process, you will be drafting internal investment papers, and supporting the investment team in assessing different business models for the delivery of debt and equity products against investment criteria.
It will be essential for you to have an understanding of finance, communicate effectively, both verbally and in writing, and have a good understanding of financial modelling. You will also need to be able to demonstrate that you are competent in the use of Excel and PowerPoint.
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Job Description to find out more details.
Key Benefits
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- 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
- 15% employer pension contribution
- Flexible working
- Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
- Paid voluntary days, maternity, paternity, adoption, and shared parental leave
- Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more
About British Business Bank
The British Business Bank is an established and influential institution with a key mission of driving sustainable growth and prosperity throughout the United Kingdom. It plays a vital role in supporting access to finance for smaller businesses, facilitating their development and contributing to the transition towards a net zero economy.
Since its inception in 2014, the British Business Bank has functioned as a government-owned economic development bank, operating independently to fulfil its objectives. It collaborates with over 200 delivery partners, including high street, digital, specialist, and challenger banks, venture capital and private debt funds, as well as fintech platforms, to implement its programs effectively.
With offices in Sheffield and London, the British Business Bank currently employs approximately 550 individuals.
As an organisation that values flexibility, wellbeing and collaboration, the British Business Bank introduced a hybrid-working model in 2020. Our colleagues typically spend an average of 2 days per week working in our offices, striking a balance between the advantages of remote work and the benefits of in-person collaboration. The successful candidate for this role should be able to commute to our office (unless specified).
At the British Business Bank, we aim to represent the communities we serve, firmly believing that different perspectives make us stronger. We strongly encourage applications from individuals with varied experiences and backgrounds.
As a Disability Confident employer, we commit ourselves to having an inclusive, equitable and accessible recruitment process supporting applicants and employees, making reasonable adjustments whenever it is feasible.
