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For Companies At a Glance
- 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 collaborating with senior stakeholders.
- 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.
Application Deadline: 14 February 2025
Department: Policy & Strategy
Location: London
Compensation: £89,250 – £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 £89,250 – £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.
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.
Qualifications
To be considered for this role you will have a background in economic policy and/or demonstrable understanding of the financial services sector as well as an understanding of the economic context and challenges facing UK SMEs.
You will have extensive experience in leading strategy and policy projects of a complex nature with strong project management skills and experience leading multiple projects and managing multiple senior stakeholders with divergent agendas.
You must have a proven ability to work with senior stakeholders in a complex environment and a track record of delivering to high standards along with 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 would be a distinct advantage as well as having a strong professional network across active UK SME lenders.
Interviews will take place week commencing 3rd 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
Familiarize yourself with the current economic policies and challenges facing UK SMEs. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the role and its responsibilities.
✨Tip Number 2
Network with professionals in the financial services sector, especially those who have experience with government relations. Building these connections can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed complex projects and led diverse teams. Highlighting your project management skills will be crucial in showcasing your fit for this senior role.
✨Tip Number 4
Stay updated on the latest developments in small business finance policy and government initiatives. Being well-informed will allow you to engage in meaningful discussions during the interview process.
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 qualifications required, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your background in economic policy and financial services. Provide specific examples of your experience leading strategy and policy projects, managing stakeholders, and delivering high-quality results.
Showcase Your Skills: Demonstrate your strong project management skills and ability to work with senior stakeholders. Include any relevant achievements that showcase your capability to attract and develop talent, as well as your understanding of government operations.
Craft a Compelling Cover Letter: Write a personalized cover letter that connects your experience and skills to the role. Discuss your interest in the position and how you can contribute to the British Business Bank's objectives, particularly in supporting UK SMEs.
How to prepare for a job interview at British Business Bank
✨Showcase Your Strategic Vision
As a Director of Strategy and Policy, it's crucial to demonstrate your ability to think strategically. Prepare to discuss your vision for the role and how you would approach developing the Bank's forward strategy. Use specific examples from your past experiences to illustrate your strategic thinking.
✨Understand the Economic Context
Make sure you have a solid understanding of the current economic landscape, especially as it pertains to UK SMEs. Be ready to discuss recent economic trends and how they impact access to finance for small businesses. This will show that you are not only knowledgeable but also engaged with the sector.
✨Highlight Your Stakeholder Management Skills
Given the complexity of the role, it's important to highlight your experience in managing multiple senior stakeholders. Prepare examples that showcase your ability to navigate divergent agendas and build consensus among different parties. This will demonstrate your capability to lead in a complex environment.
✨Demonstrate Your Leadership Experience
The role requires attracting, developing, and retaining talent. Be prepared to discuss your leadership style and provide examples of how you've successfully managed and developed junior colleagues. This will help convey your ability to foster a high-performing team.
