Strategy & Policy Manager

London, England, United Kingdom

12/20/2024

Strategy and Policy Manager

Location: London / 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: From £43,575 - £51,975 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
  
  

The Role

We are currently recruiting for a new Strategy & policy Manager. The role will contribute to the development of the overall business strategy as well as the development of new and existing financial products of the British Business Bank and translate Government policy priorities into a strategy that fits the Bank’s remit and funding envelope.

The British Business Bank is the UK’s economic development bank dedicated to ensuring finance markets support smaller and medium sized businesses (SMEs) in the UK to start, scale and grow in the UK.

The Strategy, Policy and Economics teams develop the Bank’s strategy for delivering on its objectives and work on important policy projects to meet the government’s ambitions in access to finance for SMEs.

The Strategy, Policy And Economics Division Is Responsible For

• Using our understanding of government priorities and finance markets to shape the Bank’s entire product offer, from overall strategy to specific product and programme development.
• Leading on the policy advice the Bank gives to the government. We draw on expertise from across the Bank, our own knowledge of SME finance markets and high-quality research, developing evidence on market gaps and potential policy solutions.
• Leading the Bank’s day-to-day relationship with government, including developing our strategic approach to fiscal events (e.g. Spring Budgets, Autumn Statements) and running those negotiations.
• Leading the development of corporate strategy and planning, including the Bank’s strategic plan, business plan and Board strategy days.
  
  

Reporting to the Policy & Strategy Senior Manager, the role will involve a range of projects over time across the Bank’s four strategic objectives, depending on the needs of the Bank. The role’s first project will involve supporting and developing the Bank’s objective to build a “modern, green economy” in the UK. This will include researching, scoping, developing and testing new green financing proposals that support SMEs transitioning to net zero and SMEs innovating and developing groundbreaking solutions to climate change and other environmental challenges

To be considered for this role you must have excellent knowledge and passion for working on strategy and policy development within private or public sector organisations, or academic institutions.

You will have experience managing and working strategically on projects, including breaking down complicated problems, developing hypotheses for solutions and gathering relevant quantitative and qualitative evidence to help develop and assess policy options.

You will also have experience producing clear, evidenced, well-argued advice that synthesises complex data to stakeholders, including senior decision-makers along with experience communicating confidently and fluently with a range of stakeholders on sometimes complex policy and strategic issues.

Prior understanding of the challenges SMEs face when trying to access debt and equity finance as well as experience of working on access to finance issues would be highly desirable as well as knowledge of how the UK Government and Whitehall operates.

Experience of working with government officials and the Whitehall machinery and/or experience working in the Public Finance Institution landscape would also be a distinct advantage.

About British Business Bank

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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.