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- Tasks: Lead new investment assessments and coordinate opportunities for impactful projects.
- Company: Scottish National Investment Bank, committed to sustainable investment and economic growth.
- Benefits: Competitive salary, 30 days leave, pension, volunteer days, and hybrid working options.
- Why this job: Join a mission-driven team making a real difference in Scotland's economy and environment.
- Qualifications: Experience in investment assessment and strong communication skills are preferred.
- Other info: Supportive culture with opportunities for continuous learning and career development.
The predicted salary is between 67000 - 78000 £ per year.
Location: Edinburgh or Glasgow (Hybrid working)
The Scottish National Investment Bank is seeking a Senior Associate - New Business to play a pivotal role at the initial stage of the Bank’s investment activity. Reporting to the Executive Director - Sustainable Investment, this role is responsible for the initial assessment, coordination and progression of inward investment enquiries. You will ensure that potential opportunities are assessed efficiently, professionally and consistently against the Bank’s missions and investment strategy, providing a high-quality experience for all. This role is ideal for someone with a solid grounding in investment or banking who enjoys early-stage engagement, structured assessment and working across teams to progress high-potential opportunities. We welcome applications from candidates who believe they can excel in this role, even if you do not meet every requirement. We value diverse experience and perspectives and encourage applications from all backgrounds.
Key Responsibilities
- New Business Assessment & Coordination
- Act as the first point of contact for all new inward investment enquiries, ensuring timely, professional and helpful responses.
- Assess the strategic fit of enquiries against the Bank’s missions and investment strategy.
- Proactively gather information from applicants to support robust early-stage assessment and decision-making.
- Governance, Decision Support & Reporting
- Lead the preparation and presentation of papers for the Bank’s New Business Forum, setting out risks, impact alignment and recommendations to approve or decline.
- Ensure all enquiries, communications and decisions are accurately recorded within the Bank’s CRM system.
- Produce management information on enquiry volumes, trends and outcomes to support reporting to the CEO, Executive Team and Board.
- Work closely with senior originators and investment leadership to support pipeline coordination and prioritisation.
- Build and foster relationships with external market stakeholders, particularly Scotland’s Enterprise Agencies.
- Represent the Bank at external events, sharing insight into the Bank’s missions, impact objectives and investment approach.
- Collaborate with internal teams including Impact, Market Creation and Partnerships & Engagement to develop early insight into sectors, themes and market opportunities.
- Leadership & Team Development
- Line manage New Business associate(s), providing coaching, support and on-the-job development.
- Contribute to the continuous improvement of new business processes, systems and ways of working.
Key Skills and Experience
- Experience assessing and validating investment enquiries within a banking, investment or financial services environment would be beneficial.
- Sound understanding of debt and/or equity investments and investment decision-making processes.
- Excellent written and verbal communication skills, with the confidence to engage professionally with prospective clients, including delivering decline decisions sensitively.
- Highly organised, with demonstrable administrative skills and the ability to manage multiple enquiries in parallel.
- Experience using CRM systems; Salesforce experience is highly desirable.
- Proactive, hands‑on and collaborative approach to work.
- Alignment with the Bank’s missions and a desire to support Scotland’s economic and environmental ambitions.
What We Offer
At the Scottish National Investment Bank, we offer a supportive culture that values your expertise and autonomy, encourages continuous learning, and provides opportunities for meaningful work. The salary range is £67-78k, depending on experience, with additional benefits including 30 days annual leave plus public holidays, a 12% non-contributory pension, volunteer days, and more. We operate a hybrid working model and are open to discussing flexible working patterns. If you are eligible under the Disability Confident Scheme or need any adjustments to support your application, please reach out to us. We are committed to providing the support needed for you to participate fully in our recruitment process.
Senior Associate - New Business 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 Senior Associate - New Business
✨Tip Number 1
Network like a pro! Get out there and connect with people in the investment and banking sectors. Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to potential contacts. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the Scottish National Investment Bank and its missions thoroughly. Be ready to discuss how your experience aligns with their goals and how you can contribute to their investment strategy. Confidence is key, so practice your pitch!
✨Tip Number 3
Showcase your skills! Create a portfolio or a presentation that highlights your past successes in investment assessment and decision-making. This will not only demonstrate your expertise but also give you an edge over other candidates.
✨Tip Number 4
Apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining us. Make sure to tailor your application to reflect your understanding of the role and how you can help drive the Bank’s missions forward.
We think you need these skills to ace Senior Associate - New Business
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your relevant experience in investment or banking. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements!
Showcase Your Communication Skills: Since this role involves engaging with prospective clients and presenting information, it’s crucial to demonstrate your excellent written and verbal communication skills. Use clear, professional language and make your points concise.
Highlight Your Organisational Skills: We’re looking for someone who can manage multiple enquiries efficiently. In your application, mention any tools or methods you use to stay organised, especially if you have experience with CRM systems like Salesforce.
Apply Through Our Website: To ensure your application gets the attention it deserves, please apply directly through our website. It’s the best way for us to keep track of your application and get back to you promptly!
How to prepare for a job interview at The Scottish National Investment Bank
✨Know Your Stuff
Before the interview, make sure you thoroughly understand the Scottish National Investment Bank's missions and investment strategy. Familiarise yourself with recent investments and how they align with the bank's goals. This will help you demonstrate your genuine interest and ability to assess new business opportunities effectively.
✨Showcase Your Communication Skills
As this role involves engaging with prospective clients and presenting to the New Business Forum, practice articulating your thoughts clearly and confidently. Prepare examples of how you've communicated complex information in previous roles, especially when delivering sensitive decisions.
✨Be Organised and Proactive
Highlight your organisational skills by discussing how you manage multiple enquiries simultaneously. Share specific strategies or tools you use to stay on top of tasks, as this will show that you can handle the fast-paced nature of the role while maintaining professionalism.
✨Build Relationships
Emphasise your experience in building and fostering relationships with stakeholders. Be ready to discuss how you've collaborated with teams or external partners in the past, as this role requires a hands-on approach to working across various departments and with market stakeholders.