Overview
The hiring manager for this position; Tim Newns, will be hosting a virtual call for any interested applicants to discuss the role and answer any questions. Please note this is not part of the formal assessment process.
This will be held via Microsoft Teams on Wednesday 5th November at 10.30 -11.30am (UK time).
Please click here for the meeting link.
If you would like to join without your full name being displayed in the meeting, please ensure you access the link on a personal device and select 'Join without signing in'.
Increasing investment, both foreign and domestic, is crucial to the UK’s economic growth and the future prosperity of its citizens. Leveraging private investment is also fundamental to delivering new infrastructure, the energy transition and retaining international leadership as a science and technology driven economy.
The Office for Investment (OfI) was spun out of Downing Street in January 2021 and is now a joint unit between No.10, His Majesty’s Treasury (HMT) and the Department for Business and Trade (DBT). The OfI is an exciting, creative and dynamic place to work among a motivated and driven team with both commercial and public sector backgrounds. The Office works closely with Secretaries of State, Junior Ministers, and No.10 to deliver the highest-value, highest profile investment propositions.
The team operates a flexible and flat structure which means that staff across all grades have the opportunity to work directly alongside the senior leadership and have direct exposure to ministers and senior business executives.
OfI's vision and mission is to secure investment to drive growth, job creation and increased productivity across the UK. We are proactive and entrepreneurial, delivering ambitious outcomes aligned to the Industrial Strategy and HMG Missions. To become a centre of excellence for attracting and growing investment we want to attract talented people from the private sector and across government – local and national - who are curious, creative and agile in pursuing emerging opportunities for the UK.
This is a wide-ranging role where you will get to develop new skills and build on existing ones to increase investment opportunities and shape the wider Government policies investors will operate under.
This role will deliver the OfI’s regional strategy, reporting to the Director. You will be responsible for building strong relationships with regional leaders (First Ministers, Mayors etc), C-suite investors, and other government departments, to deliver transformational investment projects and develop high-quality, high-impact, large-scale investment opportunities across the UK. You will be expected to play a leadership role within the OfI as a member of the Senior Leadership Team, as well as line-management responsibilities for the OfI’s Investment Partners (Grade 6) in the regions and nations.
Key areas of responsibility include:
* Regional Opportunities: You and your team will work develop a pipeline of transformational local investment opportunities and work with partners across the UK to surface and co-design products to meet global corporate and capital demand. You will draw in experts from across OfI (especially Product team), government and industry to help structure and market these opportunities.
* Regions and nations network: You will be well-networked and visible as a leader across the UK regions and nations, working hand in glove with First Ministers, mayors, local authorities, and other leaders to ensure that large-scale opportunities are brought to market effectively, including by unblocking barriers to delivery. You will utilise the Council of Regions & Nations, Executive Forum and drive the Investment Sub Group for Chief Executives to achieve investment outcomes. You will empower your Grade 6’s to have senior relationships across their dedicated region and support them to develop powerful networks to help identify and deliver deals.
* Investor Relations: You will nurture and manage relationships with senior decision-makers in the world’s leading companies. You will provide trusted advice, make introductions to No10 and Ministers, and help them navigate the complexities of the UK system. You will also set direction within HMG, providing leadership to teams brought together from relevant departments and delivery partners to unblock barriers.
* Investment Strategy: You will provide expert, commercially astute advice to No10, HM Treasury and other departments on how to unlock investment to operationalise the Government’s strategies. You will engage industry, investors, academics, and policy experts in other departments to understand market demand, failures, barriers, and opportunities across critical supply chains, applying an investor-focused lens to spot gaps and, where needed, challenge the direction of HMG’s approach.
* Deal Closure: You will focus intensively on landing a very select number of the most strategically important investment projects, convening and corralling wider OfI teams and departments to ensure that all the relevant HMG levers, direct and indirect, are pulled to get deals over the line. For some projects you will be responsible for championing their strategic importance and proactively securing the mandate to devote focus and drive to them.
* Team management: You will oversee a team of circa 15, G6s, G7s and SEOs operating across the UK, ensuring that the team is well directed, with clear roles, responsibilities and both short and long-term priorities, to ensure strong delivery. You will also drive strong collaboration with other teams, such as Deal Makers, Product, Marketing and Investor Relations, so that OfI’s regional offer feels seamless to external stakeholders, and the regional agenda is well represented internally.
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