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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.
- 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 is essential; strong project management skills required.
- Other info: Hybrid working model with office attendance expected at least 2 days a week.
The predicted salary is between 75000 - 95000 £ per year.
Director, Strategy and Policy
Application Deadline: 14 February 2025
Department: Policy & Strategy
Employment Type: Permanent
Location: Sheffield
Compensation: £89,250 – £110,250 / year
Description
Policy & Strategy Director
Location: Sheffield / 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 £75,125 – £95,813 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.
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 10th March.
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Director, Strategy and Policy employer: British Business Bank plc
Contact Detail:
British Business Bank plc 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 connections within the UK SME lending sector. 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 government initiatives that impact small businesses in the UK. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 3
Prepare to discuss specific examples of complex strategy and policy projects you've led. Highlight your project management skills and how you've successfully navigated divergent agendas among senior stakeholders.
✨Tip Number 4
Familiarize yourself with the British Business Bank's mission and recent initiatives. Understanding their strategic goals will allow you to align your experience and ideas with their objectives during the interview process.
We think you need these skills to ace Director, Strategy and Policy
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Director, Strategy and Policy position. Make sure you understand the key responsibilities and required qualifications, as this will help you tailor your application.
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 senior stakeholders, and delivering high-quality results.
Showcase Your Skills: Demonstrate your strong project management skills and ability to work in complex environments. Mention any relevant achievements that showcase your capability to attract, develop, and retain 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 mission of supporting UK SMEs with access to finance.
How to prepare for a job interview at British Business Bank plc
✨Understand the Role and Responsibilities
Make sure you have a clear understanding of the key responsibilities of the Director, Strategy and Policy position. Familiarize yourself with the British Business Bank's mission and how this role contributes to helping UK companies access capital.
✨Showcase Your Experience
Prepare to discuss your background in economic policy and the financial services sector. Highlight specific projects where you've led strategy and policy initiatives, especially those involving complex stakeholder management.
✨Demonstrate Stakeholder Management Skills
Be ready to provide examples of how you've successfully managed relationships with senior stakeholders. Discuss any challenges you've faced and how you navigated divergent agendas to achieve project goals.
✨Engage with Current Economic Context
Stay informed about the current economic challenges facing UK SMEs. Be prepared to discuss how these issues impact access to finance and how you would approach developing solutions aligned with government priorities.
