Investment Manager

British Business Bank plc; England; Hybrid; GBP 47,000 - 58,000; Full time

Job summary

A government-owned economic development bank is seeking an Investment Manager for its Enterprise Capital Funds team. This role involves appraising fund investment proposals and managing relationships with stakeholders. Candidates should have a strong background in financial services and excellent analytical skills. The position offers a competitive salary and a hybrid working model.

Benefits

30 days annual leave plus bank holidays

15% employer pension contribution

Flexible working

Cycle to work scheme

Healthcare cash plan

Paid voluntary days

Qualifications

• Strong background in financial services and commercial understanding of fund-of-funds investing.
• Comfortable managing multiple priorities and building excellent relationships.
• Good analytical skills applied to investment opportunities.

Responsibilities

• Critically appraise new fund investment proposals.
• Prepare investment papers and participate in calls and pitch meetings.
• Review investment legal documentation and promote BBB-managed funds.

Skills

Experience in financial services

Good commercial understanding of fund-of-funds investing

Strong organisational skills

Excellent communication skills

Education

Degree in an analytical discipline

Job description

Overview

Job Title: Investment Manager - Enterprise Capital Funds

We are seeking an Investment Manager to join our Enterprise Capital Funds (ECF) investment team. The successful candidate will play a key role in helping shape and deliver a cross-team approach to investment within the ECF and the wider Investment Business.

Location: Sheffield / Hybrid Working

Contract: Permanent

Hours: Full time 37.5 hours per week / flexible days and/or hours (Mon-Fri)

Salary: £47,500 - £57,750 Depending on Experience

Application Deadline: 21 October 2025

Department: Funds 1

Notes: Please note that any same band and job family internal moves will not present any pay increase

Key Benefits

• 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
• 15% employer pension contribution
• Flexible working
• Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
• Paid voluntary days, maternity, paternity, adoption, and shared parental leave
• Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology and plenty more

About Us

The British Business Bank is a government-owned economic development bank with a clear mission: to make finance markets work better for smaller businesses. Our Enterprise Capital Funds (ECF) programme is designed to increase the supply of equity capital to high-growth UK SMEs and strengthen the UK's venture capital ecosystem.

The ECF programme is one of BBB's longest standing and most successful programmes, with £1.4bn committed across 50 funds under 39 different managers since its inception. This has supported over £2.5bn of funding being committed to funds investing in UK early-stage equity.

The Role

Role Responsibilities

• Critically appraise new fund investment proposals, analysing team dynamics, track record, investment strategy, financial terms, and sources of private capital.
• Prepare investment papers and feedback on proposals, participate in calls and pitch meetings, and carry out due diligence on potential investments.
• Review investment legal documentation in line with agreed commercial terms, working with internal colleagues and external legal advisors.
• Promote BBB-managed funds by producing publicity materials and attending relevant events.
• Prepare reports and pipeline analyses for internal stakeholders and ensure accurate, timely recording of investment opportunities.
• Arrange and lead calls and meetings with external stakeholders interested in our programmes.

About You

We're looking for someone with a strong background in financial services and a good commercial understanding of fund-of-funds investing and/or small business finance. You’ll be comfortable managing multiple priorities, building excellent relationships, and applying analytical skills to complex investment opportunities.

Essential Skills & Experience

• Experience in a financial services role (e.g. fund management, investment banking, consulting, corporate finance, commercial lending, or investment environment).
• Good commercial understanding of fund-of-funds investing and/or small business finance.
• Strong organisational skills, attention to detail, and ability to meet deadlines.
• Excellent communication skills, both written and verbal.

Desirable Skills & Experience

• Experience of business transactions, project/transaction management, relationship management, and financial/investment analysis.
• Due diligence experience.
• Relevant investment qualifications (e.g. IMC, CFA).

Qualifications

• Degree in an analytical discipline (Economics, Accounting, Law, Engineering, Science) or equivalent professional experience.

Why Join Us?

At the British Business Bank, you'll work in a collaborative, mission-driven environment where your expertise helps shape the UK's investment landscape. We offer a competitive salary, hybrid working (generally 3 days per week in the office), generous benefits, and the opportunity to make a meaningful impact on UK SMEs.