Investment Manager

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

Job summary

A government-owned economic development bank is seeking an Investment Manager to join their team in Sheffield. The role involves managing investment proposals and maintaining strong relationships in the fund sector. Candidates should have a degree in an analytical discipline and relevant experience in financial services. This position offers a competitive salary and benefits, including flexible working options.

Benefits

30 days annual leave plus bank holidays

15% employer pension contribution

Flexible working

Cycle to work scheme

Healthcare cash plan

Group Income Protection and life assurance

Qualifications

• Experience in fund management, investment banking, consulting, or corporate finance required.
• Good knowledge of small business finance is essential.
• Strong analytical skills and ability to manage multiple priorities.

Responsibilities

• Critically appraise new fund investment proposals.
• Prepare investment papers and feedback on proposals.
• Review investment legal documentation.
• Promote BBB-managed funds.
• Prepare reports and ensure timely recording of investment opportunities.
• Lead calls and meetings with external stakeholders.

Skills

Experience in a financial services role

Good commercial understanding of fund-of-funds investing

Strong organisational skills

Excellent communication skills

Education

Degree in an analytical discipline

Job description

Investment Manager

Application Deadline: 21 October 2025

Department: Funds 1

Employment Type: Permanent

Location: Sheffield

Compensation: £47,500 - £57,750 / year

Job Summary:

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.

Description

Investment Manager – Enterprise Capital Funds

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

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

Key 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.