Investment Manager – Enterprise Capital Funds
Location: Sheffield / Hybrid Working
(Expectation that you will attend an office 2 days per week)
Contract: Permanent
Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)
Salary: £47,500 - £57,750 Depending on Experience
Please note that any same band and job family internal moves will not present any pay increase
Key Benefits
Click here for a complete list of benefits
- 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 Us
The British Business Bank is a government-owned economic development bank with a clear mission: to make finance markets work better for smaller businesses. Our Enterprise Capital Funds (ECF) programme is designed to increase the supply of equity capital to high-growth UK SMEs and strengthen the UK’s venture capital ecosystem.
The ECF programme is one of BBB’s longest standing and most successful programmes, with £1.4bn committed across 50 funds under 39 different managers since its inception. This has supported over £2.5bn of funding being committed to funds investing in UK early-stage equity. The programme enables new and emerging fund managers to invest in UK SMEs with high growth potential, while also facilitating the development of their own track record and attraction of private capital. The outcomes of the recent Spending Review have meant there will be increased activity in this programme over the coming years (in addition to new initiatives being introduced) and as such the investment activities for the team are expected to significantly grow over time.
We are now seeking an Investment Manager to join our ECF investment team – and this represents an opportunity to help shape and deliver a cross-team approach to investment within the ECF and the wider Investment Business and build a career in UK venture capital.
The Role
As an Investment Manager, you’ll be the principal point of contact for prospective fund managers throughout the ECF investment process – from assessment and due diligence to onboarding. You’ll also contribute to new initiatives such as the Investor Pathways Capital programme and other projects across the Investment Business as required.
Key Responsibilities
Critically appraise new fund investment proposals, analysing team dynamics, track record, investment strategy, financial terms, and sources of private capital.
Prepare investment papers and feedback on proposals, participate in calls and pitch meetings, and carry out due diligence on potential investments.
Review investment legal documentation in line with agreed commercial terms, working with internal colleagues and external legal advisors.
Promote BBB-managed funds by producing publicity materials and attending relevant events.
- Prepare reports and pipeline analyses for internal stakeholders and ensure accurate, timely recording of investment opportunities.
Arranging and leading calls and meetings with external stakeholders interested in our programmes.
About You
We’re looking for someone with a strong background in financial services and a good commercial understanding of fund-of-funds investing and/or small business finance. You’ll be comfortable managing multiple priorities, building excellent relationships, and applying analytical skills to complex investment opportunities.
Essential Skills & Experience
- Experience in a financial services role (e.g. fund management, investment banking, consulting, corporate finance, commercial lending, or investment environment).
- Good commercial understanding of fund-of-funds investing and/or small business finance.
- Strong organisational skills, attention to detail, and ability to meet deadlines.
- Excellent communication skills, both written and verbal.
Desirable Skills & Experience
- Experience of business transactions, project/transaction management, relationship management, and financial/investment analysis.
- Due diligence experience.
- Relevant investment qualifications (e.g. IMC, CFA).
Qualifications
- Degree in an analytical discipline (Economics, Accounting, Law, Engineering, Science) or equivalent professional experience.
Why Join Us?
At the British Business Bank, you’ll work in a collaborative, mission-driven environment where your expertise helps shape the UK’s investment landscape. We offer a competitive salary, hybrid working, generous benefits, and the opportunity to make a meaningful impact on UK SMEs.
Click here to view the full job description:-
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.
