Structured Financial Institutions Funding Director
Location: London / Hybrid Working
(Expectation that you will attend the 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: Competitive
Benefits package:
- 30 days annual leave plus bank holidays (pro rata for part time), opportunity to buy and sell holiday
- 15% employer pension contribution, discretionary bonus scheme
- Flexible working, cycle to work scheme, healthcare cash plan and life assurance
- Paid voluntary days, maternity, adoption, and shared parental leave
- Benefits designed to suit your lifestyle - from discounts on retail and socialising, to health and wellbeing, travel, and technology and plenty more
THE ROLE
The Structured FI Funding team originates, structures and manages cash positions supporting SME loan, asset finance and other debt receivable portfolios. You will set the strategy for this product line within the broader Structured FI Solutions team and design new products, or enhance existing ones, to ensure continued effectiveness of interventions in SME lending markets. You will lead the successful execution of these transactions within the agreed business plan which will include taking positions across all positions in the capital stack, either directly or indirectly. As the recognised expert for your products, you will act as a key point of reference for both internal and external stakeholders, while developing junior colleagues to build capability and continuity across the team.
You will have lead responsibility for transaction execution within your product line, in line with the business plan. You will oversee post-completion transition, working closely with Transaction Management and the Middle Office to ensure effective ongoing management. You will ensure continued compliance across your transactions, including risk management, Subsidy Control and, where relevant, procurement requirements. You will also mentor and develop junior team members, supporting the delivery of structured guarantees and other wholesale transactions.
You will bring proven experience of independently executing cash securitisations; asset-backed or specialty finance; and/or similar structured capital positions. You will demonstrate a thorough understanding of relevant structures, techniques and markets, alongside excellent knowledge of the regulatory framework applicable to your products.
Click here to view the full Job Description.
Click here for a complete list of 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 British Business Bank is an established and influential institution with a key mission of driving sustainable growth and prosperity throughout the United Kingdom. It plays a vital role in supporting access to finance for smaller businesses, facilitating their development and contributing to the transition towards a net zero economy.
Since its inception in 2014, the British Business Bank has functioned as a government-owned economic development bank, operating independently to fulfil its objectives. It collaborates with over 200 delivery partners, including high street, digital, specialist, and challenger banks, venture capital and private debt funds, as well as fintech platforms, to implement its programs effectively.
With offices in Sheffield and London, the British Business Bank currently employs approximately 550 individuals.
As an organisation that values flexibility, wellbeing and collaboration, the British Business Bank introduced a hybrid-working model in 2020. Our colleagues typically spend an average of 2 days per week working in our offices, striking a balance between the advantages of remote work and the benefits of in-person collaboration. The successful candidate for this role should be able to commute to our office (unless specified).
At the British Business Bank, we aim to represent the communities we serve, firmly believing that different perspectives make us stronger. We strongly encourage applications from individuals with varied experiences and backgrounds.
As a Disability Confident employer, we commit ourselves to having an inclusive, equitable and accessible recruitment process supporting applicants and employees, making reasonable adjustments whenever it is feasible.
