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- Tasks: Lead strategy and policy projects to help UK companies access capital for growth.
- Company: Join the British Business Bank, a key player in driving economic growth in the UK.
- Benefits: Enjoy 30 days annual leave, flexible working, and a generous pension contribution.
- Why this job: Make a real impact on small business finance while working in a dynamic environment.
- Qualifications: Experience in economic policy and financial services, with strong project management skills required.
- Other info: Hybrid working model with a minimum of 2 office days per week.
The predicted salary is between 89250 - 110250 £ per year.
This job is brought to you by Jobs/Redefined, the UK’s leading over-50s age inclusive jobs board.
Director, Strategy and Policy
Application Deadline: 14 February 2025
Department: Policy & Strategy
Employment Type: Permanent
Location: London
Compensation: GBP 89,250 – GBP 110,250 / year
Description
Policy & Strategy Director
Location: London / Hybrid Working
(Expectation that you will attend an office a minimum of 2 days per week)
Contract: Permanent
Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)
Salary: From GBP 89,250 – GBP 110,250 Depending on Experience
Please note that any same band and job family internal moves will not present any pay increase
Key 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
With the British Business Bank playing a central role in the government’s drive for growth, this is a key senior role within the Bank’s Strategy, Policy and Economics team overseen by the Chief Strategy Officer.
Working closely with colleagues across the Bank, the Strategy and Policy Director will lead on a wide range of issues and projects focused on helping companies in the UK get access to the capital they need to start, scale and grow in the UK. The role will include developing the Bank’s forward strategy, managing the Bank’s day-to-day relationship with government, developing new access to finance solutions to meet government priorities as well as implementing our strategic approach to fiscal events and running those negotiations. The role will provide advice to the Bank’s Executive Committee and, where required, the Board across these responsibilities.
Drawing on the in-depth insights provided through our extensive research activities and knowledge of finance markets, the position also plays an important role developing and delivering on the Bank’s objective as a ‘Centre of Expertise’ for government on small business finance policy. Through that role the postholder will provide advice and support to Government on questions around small business finance.
Minimum Requirements:
- A background in economic policy and/or demonstrable understanding of the financial services sector.
- Understanding of the economic context and challenges facing UK SMEs.
- Extensive experience in leading strategy and policy projects of a complex nature.
- Strong project management skills and experience leading multiple projects and managing multiple senior stakeholders with divergent agendas.
- Proven ability to work with senior stakeholders in a complex environment.
- Track record of delivering to high standards.
- Experience attracting, developing, and retaining talent, including providing high quality line management to talented junior colleagues.
- An understanding of and interest in how Government departments work as well as wider economic policy.
- Strong professional network across active UK SME lenders.
Click this link to view the full job description
Interviews will take place week commencing 10th March.
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Director, Strategy and Policy employer: British Business Bank
Contact Detail:
British Business Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director, Strategy and Policy
✨Tip Number 1
Make sure to leverage your professional network, especially those connected to UK SMEs and financial services. Reach out to former colleagues or industry contacts who might provide insights or even referrals for this role.
✨Tip Number 2
Stay updated on current economic policies and challenges facing UK SMEs. This knowledge will not only help you in discussions but also demonstrate your commitment and understanding of the sector during interviews.
✨Tip Number 3
Prepare to discuss specific examples of your experience in leading complex strategy and policy projects. Highlight how you've managed multiple stakeholders and delivered results, as this is crucial for the role.
✨Tip Number 4
Familiarize yourself with the British Business Bank's mission and recent initiatives. Being able to articulate how your background aligns with their goals will set you apart from other candidates.
We think you need these skills to ace Director, Strategy and Policy
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Director, Strategy and Policy position. Understand the key responsibilities and requirements, especially the focus on economic policy and financial services.
Tailor Your CV: Customize your CV to highlight relevant experience in economic policy and strategy projects. Emphasize your project management skills and any experience working with senior stakeholders.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your understanding of the challenges facing UK SMEs and how your background aligns with the role. Mention specific examples of past projects that demonstrate your ability to lead complex initiatives.
Highlight Your Network: In your application, mention your professional network within the UK SME lending community. This can showcase your connections and understanding of the financial landscape, which is crucial for this role.
How to prepare for a job interview at British Business Bank
✨Understand the Role and Responsibilities
Make sure you have a clear understanding of the Director, Strategy and Policy role. Familiarize yourself with the key responsibilities, such as developing the Bank's forward strategy and managing relationships with government. This will help you articulate how your experience aligns with their needs.
✨Showcase Your Project Management Skills
Prepare to discuss your experience in leading complex strategy and policy projects. Highlight specific examples where you've managed multiple stakeholders and delivered high-quality results. This will demonstrate your capability to handle the demands of the role.
✨Demonstrate Your Knowledge of Economic Policy
Be ready to discuss current economic challenges facing UK SMEs and how they relate to the financial services sector. Showing that you are informed about the economic context will position you as a knowledgeable candidate who can contribute effectively.
✨Engage with Your Professional Network
Mention your connections within the UK SME lending landscape. Discuss how these relationships could benefit the Bank and its objectives. This shows that you not only have the necessary experience but also the ability to leverage your network for strategic advantage.
