Assistant Director – Strategic Investment

North East Mayoral Strategic Authority; Newcastle upon Tyne; On-site; GBP 104,000 - 110,000; Full time

Job summary

Northern Recruitment Group is partnering with the North East Mayoral Strategic Authority to recruit an Assistant Director – Strategic Investment in Newcastle upon Tyne. The role will drive the £1bn Mayoral Investment Fund and shape the regional investment pipeline through smart financing and rigorous appraisal.

Reporting to the Director of Finance & Investment, you will oversee external fund managers and collaborate with local authorities, developers, investors and Government partners,

Qualifications

• Significant experience in investment, lending or development finance.
• Strong commercial judgement and ability to challenge senior stakeholders.

Responsibilities

• Developing and managing a high-quality regional investment pipeline.
• Assessing project viability and determining appropriate use of grant, debt and other investment mechanisms.
• Working with developers, investors and partners to unlock housing and regeneration opportunities.
• Overseeing external fund managers and investment activity.
• Providing commercial challenge, financial analysis and advice to senior stakeholders.
• Building and leading a high-performing Strategic Investment function.

Skills

Investment analysis

Stakeholder management

Financial modelling

Strategic leadership

Tools

Financial modelling software

Job description

Assistant Director – Strategic Investment

Salary: £103,912 – £110,109

Newcastle upon Tyne

NRG is delighted to be partnering with the North East Mayoral Strategic Authority to recruit an Assistant Director – Strategic Investment.

This is a newly created and highly influential role, responsible for helping the North East MSA make the best possible use of significant public investment and leading the development and delivery of its £1bn regional Mayoral Investment Fund.

Reporting to the Director of Finance & Investment, you will lead the development of a strong regional investment pipeline, oversee external fund managers and work closely with local authorities, developers, investors, co-investors and Government partners.

Key responsibilities will include:

• Developing and managing a high-quality regional investment pipeline.

• Assessing project viability and determining appropriate use of grant, debt and other investment mechanisms.

• Working with developers, investors and partners to unlock housing, commercial development and regeneration opportunities.

• Overseeing external fund managers and investment activity.

• Providing commercial challenge, financial analysis and advice to senior stakeholders.

• Building and leading a high-performing Strategic Investment function.

We are looking for someone with significant experience in investment, lending or development finance, ideally with exposure to real estate development, credit risk, investment appraisal or fund management.

You will combine strong commercial judgement with excellent stakeholder management skills and the resilience and adaptability required to operate in a fast-moving and evolving organisation.

This is a rare opportunity to play a direct role in shaping investment and economic growth across the North East.

Closing date: Sunday 22 November 2026

For further information or a confidential discussion about the role, please contact:

Scot McHarg

Lead Consultant, NRG Executive

Email: [e-mail]

Further information

Mags Scott, Director of Finance & Investment, provides an overview of each opportunity, shares insight into the impact of the directorate's work, and explains why now is such an exciting time to build your career with the North East MSA.

You can also visit our dedicated North East MSA Finance & Investment campaign page to view full details of all current opportunities:

This includes the candidate information pack, job descriptions, person specifications and application process.

These are genuinely exciting opportunities to join the North East MSA at an important point in its development. Each role offers the chance to contribute to a growing Finance & Investment Directorate, work at the heart of devolution and regional investment, and play a meaningful part in supporting the future economic growth of the North East.