Policy Advisor - National Wealth Fund

As a Policy Manager, you will play a crucial role in shaping the strategic direction of the NWF as it continues to develop and evolve. Your work will be pivotal in helping us navigate our transition from UK Infrastructure Bank to the National Wealth Fund and deliver on the ambitions of our shareholder HM Treasury for NWF including: More capital: 27.8bn, including at least 5.8bn for green hydrogen, carbon capture, ports, gigafactories and green steel Renewed focus: beyond infrastructure to support of Governments industrial strategy as well as clean energy mission and growth mission. More catalytic: trialling new blended finance solutions with government departments You will lead a portfolio of work on discrete policy or strategy issues for the new National Wealth Fund as it builds a broader investment mandate to support the delivery of the governments Industrial Strategy, clean energy transition and drive economic growth around the country. You will own relationships with government departments and key stakeholders to understand government policy in particular sectors, influence the NWFs overall strategic direction and shape its activity, supporting our pipeline of investment, developing blended finance solutions to more effectively use public capital to crowd in private investment. You will form part of the deal teams leading on policy due diligence on individual transactions. The exact policy area and role will depend on business needs and the expertise of the individual and will be discussed with candidates at interview stage.Core Accountabilities Build and maintain strong relationships with key public sector stakeholders (including government departments and devolved administrations), to understand and influence policy developments, to ensure NWF activity is effectively delivering government policy aims, and to support the most effective use of public funds to mobilise private investment. Lead on developing and implementing aspects of the National Wealth Funds new investment mandate and new approach to mobilising private finance, such as by trialling new finance solutions with government departments. Work collaboratively with teams across the organisation, external stakeholders and government departments to develop and deliver a programme of investments in discrete sectors in support of the Governments Industrial Strategy, clean energy and growth missions. Lead work on discrete cross-cutting policy issues as required, producing policy papers on emerging thinking and trends to support decision making by the NWFs Executive Committee and Board. Spot key issues, risks and opportunities relevant to these policy areas and work with other functions across the organisation to identify and recommend ways forward. Leading on elements of the NWFs overall strategy development and implementation, including elements of the next strategic plan, annual business planning, working closely with functions across the organisation, the Executive Committee and Board to ensure an appropriate and stretching plan for the upcoming year. Lead on the appraisal of individual investment proposals against our strategic objectives and supporting due diligence processes on transactions, as required. This includes working in cross-function deal teams with banking, impact and risk colleagues, drafting and contributing to Investment Committee papers and supporting senior colleagues through written and verbal briefings to ensure alignment with the Banks strategic objectives. Support wider work to establish an effective policy and strategy function which is well integrated and influential across the NWF.