Strategy & Policy Manager

Strategy & Policy Manager

Application Deadline: 12 January 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

We are currently recruiting for a new Strategy & Policy Manager. The role will contribute to the development of the overall business strategy as well as the development of new and existing financial products of the British Business Bank and translate Government policy priorities into a strategy that fits the Bank's remit and funding envelope.

The British Business Bank is the UK's economic development bank dedicated to ensuring finance markets support smaller and medium sized businesses (SMEs) in the UK to start, scale and grow in the UK.

The Strategy, Policy and Economics teams develop 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, drawing 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.

Reporting to the Policy & Strategy Senior Manager, the role will involve a range of projects over time across the Bank's four strategic objectives, depending on the needs of the Bank. The role's first project will involve supporting and developing the Bank's objective to build a "modern, green economy" in the UK. This will include researching, scoping, developing and testing new green financing proposals that support SMEs transitioning to net zero and SMEs innovating and developing groundbreaking solutions to climate change and other environmental challenges.

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.

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