(3 DAYS PER WEEK WORKED FROM THE LEEDS HQ)
The UK Infrastructure Bank has become the National Wealth Fund (NWF), with a broader remit, more capital and a greater capacity for risk. The new NWF will expand UKIB’s remit beyond infrastructure in support of the Government’s industrial strategy, building on its success over the last three years. With additional financial capacity and an enhanced risk budget, the NWF will be capitalised with £27.8bn to catalyse private investment in the market.
The Assistant Director in the NWF Banking and Investments Team will focus on the execution of complex, bespoke infrastructure transactions providing equity, debt or guarantees. The scope of investments will be UK national level however co-investors would include key financial institutions globally. The role holder will have a strong equity background with demonstrable experience in infrastructure or other complex financial/investment settings.
The role holder will support the Director, deputising as necessary, in negotiating documentation and driving the due diligence and approval processes. The role holder will act as an ambassador for their twin missions of local and regional growth and the Net Zero transition.
Core Role Accountabilities:
Support Directors in external market engagement with investors, developers, banks and industry players to build the profile of the NWF in the market including individual attendance at industry events and roundtables to proactively promote and support in generating new opportunities.
Assist in the origination and screening of potential projects and making of recommendations to the investment committee on the potential eligibility of projects based upon their commercial and policy impact viability.
Work as a proactive member of deal teams, deputising for the relevant Director when required, in the structuring, negotiation and the due diligence process, including assessment of third-party due diligence provided by technical, legal, and other advisors and produce investment papers for approval.
Support the NWF in its policy initiatives by utilising the NWF’s full product suite including, debt, equity and guarantees, to deliver effective financing solutions that meet the Bank’s strategic objectives.
Support the Portfolio Team with deal and market knowledge on closed projects to manage the underlying risk of transactions.
Interface in an open, constructive and collaborative manner with colleagues across the organisation to share specific industry knowledge and experience, contribute to sector strategies and help assess the suitability of prospective deal flow to fulfil the strategic mission of the NWF.
Proactively maintain and build positive working relationships with both internal and external stakeholders, to include Government Departments, ALBs (e.g. UKEF, BBB, UKGI and SNIB) as well as banks, investors, advisers and project sponsors to help create future opportunities and enhance our reputation in the market.
Act as a role model and mentor for junior team members by encouraging a culture of knowledge sharing and learning to nurture future talent proactively contribute to the NWF’s strategic objectives and cement our reputation as a centre of excellence in infrastructure banking and investment.
Knowledge, Skills and Experience:
Demonstrated experience in infrastructure or other complex financing or investment gained through lending, investment, advisory or asset management roles
Financially astute with deep knowledge of market terms, transactions and participants
Strong analytical, presentation and numeracy skills
Commercially astute with evidence of negotiation skills developed from involvement in complex transactions
Demonstrate confidence in building relationships with a range of internal and external stakeholders
Skilled in understanding and digesting complex information and data as part of a due diligence process
Skilled communicator including strong written/report writing skills