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For Companies At a Glance
- Tasks: Lead innovative investment deals from start to finish, collaborating with a dynamic team.
- Company: Join the Scottish National Investment Bank, dedicated to sustainable growth and societal impact.
- Benefits: Enjoy 30 days annual leave, a generous pension, and flexible working options.
- Why this job: Make a real difference in Scotland's innovation landscape while growing your career.
- Qualifications: Experience in investment or finance is essential; relevant degrees and qualifications are a plus.
- Other info: We value diverse backgrounds and encourage all to apply, even if you don't meet every requirement.
The predicted salary is between 81000 - 95000 £ per year.
Job Description
Associate Director – Innovation
Based: Edinburgh or Glasgow
The Scottish National Investment Bank is seeking an Associate Director who will play a crucial role in driving forward innovation-led investments that support sustainable and equitable growth. We are a mission-driven organisation committed to delivering lasting environmental, societal, and financial impact for the people of Scotland.
As part of the Investment Origination Team, you will identify, structure, and close successful investment transactions, with a particular focus on innovative technologies, products, services, and business models. The role is ideally suited to a dynamic individual with experience in complex investment environments who thrives in a collaborative, solutions-driven team.
We encourage all candidates who believe they can excel in this role to apply, even if you do not tick all the boxes. We value diverse experiences and perspectives, and your unique background could be a great addition to our team. We thrive on collaboration, support flexible working, and aim to build a fairer, more sustainable, and innovative Scotland.
About You
- Demonstrable experience in investing/financing innovation-relevant companies or projects, or relevant experience in the wider investment or commercial industry field.
- Degree qualified in Business, Finance, or a related discipline would be beneficial.
- Professional qualifications (e.g. CA, CFA, ACT) and institutional investment experience in private equity, venture capital, or investment banking, particularly in innovation-focused areas, are highly regarded.
- Practical experience managing transactions from origination through to close, in a transactional/M&A context.
- Experience in impact and sustainable investment techniques is welcome.
- Knowledge of Scotland’s innovation ecosystem and market dynamics is desirable.
- Enjoy working flexibly to transaction-driven deadlines in a collaborative, high-performing team environment.
Key Responsibilities
- Leading or supporting deals from origination through to structuring and close across a wide variety of innovation-focused investments.
- Collaborating with Investment Risk, Investment Legal, and Impact Assessment colleagues to deliver sound, mission-aligned investments.
- Managing due diligence, financial modelling, and risk analysis; contributing to the structuring of loans, equity investments, or hybrid instruments.
- Drafting and reviewing investment papers and supporting more junior colleagues’ development.
- Ensuring appropriate legal documentation is successfully negotiated and concluded in line with governance and policy standards.
- Fostering sustainable relationships within the innovation investment ecosystem in Scotland, including banks, advisers, co-investors, and entrepreneurs.
- Supporting strategic engagements with government and industry stakeholders to advance the Bank’s innovation mission.
At the Scottish National Investment Bank, you will find a supportive culture that values your expertise and autonomy, encourages continuous learning, and offers opportunities for meaningful work. On offer is a salary range of £81-95k, depending on your level of experience. In addition, we offer 30 days annual leave plus public holidays, a 12% non-contributory pension and access to our EV Salary Sacrifice and Green Commute Cycle to Work Schemes, volunteer days and much more. We operate a hybrid working model and are very open to discussing flexible working patterns.
If you are eligible under the Disability Confident Scheme, or need any adjustments to support your application, such as information in alternative formats or special requirements to access our buildings, please reach out to us. Our commitment is to provide the support you need to participate fully in our recruitment process.
Associate Director - Innovation employer: The Scottish National Investment Bank
Contact Detail:
The Scottish National Investment Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Director - Innovation
✨Tip Number 1
Familiarise yourself with Scotland's innovation ecosystem. Understanding the local market dynamics and key players will not only help you in interviews but also demonstrate your commitment to the role and the organisation's mission.
✨Tip Number 2
Network with professionals in the investment and innovation sectors. Attend relevant events or webinars to connect with potential colleagues and industry leaders, which can provide valuable insights and possibly even referrals.
✨Tip Number 3
Prepare to discuss your experience in managing transactions from origination to close. Be ready to share specific examples that highlight your skills in financial modelling, risk analysis, and collaboration with various stakeholders.
✨Tip Number 4
Showcase your passion for sustainable and impact investing. Be prepared to articulate how your values align with the bank's mission and how you can contribute to their goal of fostering equitable growth through innovation.
We think you need these skills to ace Associate Director - Innovation
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Associate Director - Innovation position. Understand the key responsibilities and required qualifications, and think about how your experience aligns with these.
Tailor Your CV: Customise your CV to highlight relevant experience in innovation-led investments, transaction management, and collaboration within teams. Use specific examples that demonstrate your skills and achievements in these areas.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your passion for sustainable and equitable growth. Mention how your unique background can contribute to the mission of the Scottish National Investment Bank.
Highlight Relevant Experience: In your application, emphasise any experience you have in impact investing, financial modelling, or managing transactions. Be sure to include any professional qualifications that are relevant to the role, such as CA, CFA, or ACT.
How to prepare for a job interview at The Scottish National Investment Bank
✨Showcase Your Experience
Be prepared to discuss your previous experience in investing or financing innovation-relevant companies. Highlight specific projects where you played a key role, especially those that involved complex transactions or innovative technologies.
✨Understand the Innovation Ecosystem
Familiarise yourself with Scotland's innovation ecosystem and market dynamics. Demonstrating knowledge about local trends and key players will show your commitment and understanding of the role's context.
✨Collaborative Mindset
Emphasise your ability to work collaboratively within a team. Share examples of how you've successfully partnered with colleagues from different departments, such as legal or risk assessment, to achieve common goals.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills in investment contexts. Think through potential challenges you might face in structuring deals and how you would approach them, particularly in relation to sustainable investments.
