The National Wealth Fund is recruiting for multiple roles across its Banking & Investments and Portfolio Management teams. These positions offer the opportunity to lead and support complex transactions, manage high-value assets, and shape strategic investment decisions that deliver financial returns and national impact. Client Details The National Wealth Fund has a mandate to mobilise £27.8bn of capital to accelerate investment in clean energy, transport, digital infrastructure, water, and waste. With a mission to reduce carbon emissions and stimulate local economic growth, the Fund blends public purpose with private sector rigour, offering a unique platform for professionals to make a lasting impact. Description We are hiring across three key roles: Assistant Director - Equity (Banking & Investments) Salary: £90,000 - £130,000 Demonstratable experience of leading bespoke private equity transactions, collaborate with co-investors, and drive due diligence and investment approvals. This role requires deep experience in equity investments, including early-stage and high growth transactions, and the ability to structure deals using a full suite of financial products. Assistant Director - Portfolio Management Salary: £90,000 - £120,000 As AD you will focus on managing and enhancing NWFs overall portfolio including a number of early stage, high-growth businesses along with providing strategic oversight, mitigate risks, and contribute to the design of portfolio systems. The role demands strong infrastructure portfolio management skills and experience across debt structuring, refinancing, credit analysis, and equity fund management. Manager - Portfolio Management Salary: £60,000 - £80,000 Support the active management of debt, equity, and guarantee assets, monitor project progress, and contribute to investment committee reporting. Ideal for candidates with a strong understanding of financial investment products and experience in managing high-value projects. This might be a good fit for Big4 candidates looking to make a move into Portfolio Management.Asset class: Preferred experience to include deal exposure across Climate Change, Green Steel, Wind, Solar, Carbon Storage, Battery Storage, Hydrogen et al Private Equity Experience: Transaction experience of products relevant to NWF's offering, including equity, equity funds, fixed and floating loans, guarantees (including inflation-linked debt guarantees), debt structuring, credit analysis, and monitoring/management activities. Profile We are looking for individuals with: Proven experience in investment, lending, or asset management. Strong analytical and financial modelling skills. Commercial acumen and the ability to navigate complex transactions. Excellent communication and stakeholder management abilities. Private Equity Experience: Transaction experience of products relevant to NWF's offering, including equity, equity funds, fixed and floating loans, guarantees (including inflation-linked debt guarantees), debt structuring, credit analysis, and monitoring/management activities. Sector experience in infrastructure, energy, transport, or related fields is highly desirable.Private Equity Experience: Transaction experience of products relevant to NWF's offering, including equity, equity funds, fixed and floating loans, guarantees (including inflation-linked debt guarantees), debt structuring, credit analysis, and monitoring/management activities. Job Offer Salary Range: £60,000 - £130,000 depending on role and experience. Bonus: Up to 3 months' salary based on performance. Flexible Benefits: 10% of salary (up to £15k) to tailor your package. Pension: Up to 20% employer contribution. Annual Leave: 30 days plus buy/sell options. Hybrid Working: Minimum 3 days/week in Leeds office. Additional Perks: Sabbatical leave, volunteering days, professional development support, and cutting-edge tech setup.This is a unique chance to advance your career in investing and portfolio management within the public sector. If you are based in or near Leeds and meet the criteria, we encourage you to apply today