Job DescriptionJob title Senior Manager, Risk and ComplianceTeam Risk and ComplianceBand Band 5Reporting to Financial Risk DirectorManagement responsibility N/A

Purpose of the job

The Senior Manager will support the Financial Risk Director in managing financial risk activities across the British Business Bank (BBB). This role offers the opportunity to work on a broad range of venture capital investments and this individual will be responsible for managing the relevant portfolio risk.

BBB delivers its programmes through delivery partners, which are financial institutions, and which in turn provide funding to SMEs.

Main duties Coordinate day-to-day interactions between Risk & Compliance and the venture capital product team Undertake risk analysis of investment proposals and support the due diligence on Delivery Partners Help develop and maintain the reporting of credit & investment risks Carry out periodic portfolio reviews and undertake risk analysis on significant portfolio movements Support the Risk and Compliance team’s input into the design of new products Engage appropriately with external parties, such as delivery partners and industry bodies.

Knowledge and experience

Strong credit/investment assessment, portfolio management/monitoring and risk reporting skills A good understanding of venture capital products and markets or debt and private equity Experience within a Risk function of a financial services company with exposure to private equity/venture

capital Managing relationships with product/front office teams

Internal and external stakeholders

Internal stakeholders will predominantly be the product areas and the Investment/Risk Committees. Role holder will also be expected to liaise with other functions including Finance, Legal and Strategy

External stakeholders – shareholder, delivery partners, relevant professional agencies

Key competencies/behaviours

Builds productive working relationships quickly, and uses these to manage workstreams effectively Analytical mindset with a practical approach to problem solving Works well under pressure, managing multiple competing tasks and responding to changing priorities Able to deal with senior management and to communicate messages in a clear and structured manner Demonstrates judgment and understands when to escalate issues, considers issues from multiple viewpoints

so as to take a balanced view Enthusiastic for new challenges and hands-on

QualificationsRequired for the role

Degree qualified or equivalent (ideally 2:1 or above / 3.2 GPA or above) in a relevant discipline

Proficient user of Microsoft Office Suite, particularly Excel

Additional / desirable

Relevant professional qualifications (e.g. FRM, CFA, CISI Diploma, CAIA, IMC, ACA, ACCA or CIMA)

Bloomberg, Microsoft PowerPivot, VBA