Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead strategy and policy projects to support SMEs and the government's ambitions.
- Company: Join a dynamic team focused on shaping financial access for small businesses in the UK.
- Benefits: Enjoy 30 days annual leave, flexible working, and a generous pension contribution.
- Why this job: Make a real impact on the green economy while developing your strategic skills.
- Qualifications: Passion for strategy and policy with experience in project management and stakeholder communication.
- Other info: Hybrid working model with office attendance just two days a week.
The predicted salary is between 43575 - 51975 £ per year.
Strategy & Policy Manager
Application Deadline: 11 March 2025
Department: Policy & Strategy
Employment Type: Permanent
Location: London
Compensation: £43,575 – £51,975 / year
Description
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
- 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
The Strategy, Policy and Economics team, where the role sits, develops 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.
The role will involve a range of projects over time across the Bank’s four strategic objectives, depending on the needs of the Bank. This role will concentrate initially on the development of products and measures to support the Government’s Industrial Strategy and in particular the transition to a modern green economy.
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.
Click this link to view the full job description
Strategy & Policy Manager employer: British Business Bank plc
Contact Detail:
British Business Bank plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Strategy & Policy Manager
✨Tip Number 1
Familiarize yourself with the current UK government policies and priorities, especially those related to SME finance and the green economy. This knowledge will help you demonstrate your understanding of the role's context during interviews.
✨Tip Number 2
Network with professionals in the public finance sector or those who have experience working with government officials. Attend relevant events or webinars to build connections that could provide insights or referrals.
✨Tip Number 3
Prepare to discuss specific examples from your past experiences where you've successfully managed strategic projects or developed policy solutions. Be ready to explain how you approached complex problems and what evidence you used to support your recommendations.
✨Tip Number 4
Stay updated on recent developments in the SME finance landscape and the challenges they face. Being able to speak knowledgeably about these issues will set you apart as a candidate who is genuinely passionate about the role.
We think you need these skills to ace Strategy & Policy Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Strategy & Policy Manager position. Understand the key responsibilities and required skills, especially focusing on strategy and policy development within both private and public sectors.
Tailor Your CV: Customize your CV to highlight relevant experience in strategy and policy management. Emphasize any projects where you managed complex problems or developed strategic solutions, particularly in relation to SMEs and access to finance.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your passion for strategy and policy development. Use specific examples from your past experiences that demonstrate your ability to synthesize complex data and communicate effectively with stakeholders.
Highlight Relevant Experience: In your application, make sure to showcase any experience you have working with government officials or understanding the UK Government's operations. Mention any familiarity with the challenges SMEs face in accessing finance, as this is crucial for the role.
How to prepare for a job interview at British Business Bank plc
✨Show Your Passion for Strategy and Policy
Make sure to express your enthusiasm for strategy and policy development. Share specific examples from your past experiences that demonstrate your commitment and knowledge in this area, especially related to SMEs and government interactions.
✨Prepare for Complex Problem-Solving Questions
Expect questions that assess your ability to break down complicated problems. Practice articulating your thought process on how you would develop hypotheses and gather evidence to support policy options.
✨Communicate Clearly and Confidently
Since the role involves communicating with senior decision-makers, practice summarizing complex data into clear, concise arguments. Be ready to discuss how you've effectively communicated strategic issues to various stakeholders in the past.
✨Understand the Government's Role
Familiarize yourself with how the UK Government and Whitehall operate, particularly in relation to access to finance for SMEs. Being able to discuss current government priorities and how they align with the Bank's objectives will set you apart.
