Associate Director - Commercial

Salary: GBP63,500 - GBP83,500

Role Type: Permanent, Full time or Part-time role. Open to and supportive of flexible working.

Location: London Hybrid. The role-holder will be expected to join at least weekly sessions in our London office; with flexibility on working from home at other times

Right to work You will already have the right to work in the UK with no restrictions as Fair4All Finance is not a licensed sponsorship organisation.

Role overview

As we continue our exciting growth plans in 2024 to deliver on our ambitious goals and refreshed strategy, we re looking for a Commercial Associate Director to join our Growth and Development Team. We anticipate appointing two people into this role, and there may be wider opportunities across our team for a similar role with greater investment emphasis.

The initial focus of this role will be supporting the Deputy CEO in delivering a portfolio of work which will involve:

competing, negotiating and managing innovative lending pilots with commercial lenders and mainstream providers considering and progressing merger support applications from not for profit community lenders; supporting programmes and transactions on our technology workstream; considering ad hoc strategic opportunities for market interventions and transformations.

This means you will be passionate about delivery getting things done with others and delivering value for money and great outcomes.

You ll have experience of working with public funds and procurement or subsidy and commercial contracting and negotiations. You ll enjoy both broad commercial negotiations and ensuring that the details are covered well in contracts to ensure all sides are clear from the outset on what they are committing to. As we are a small team you ll be content to roll your sleeves up and get the job done, whatever that entails.

Essential experience and capabilities

To be successful you will need:

High tolerance for complexity and ambiguity - ability to take commercial arrangements from scoping through to procurement, delivery, learning and evaluation, closure or scaling up. Exceptional stakeholder management skills including ability to operate in a multi-stakeholder, multi-funder environment and bring clarity to complexity In depth understanding and experience of using a variety of procurement instruments and an affinity with state aid/subsidy considerations Contract and Supplier Management skills - The ability to work collaboratively with suppliers, being able to iterate and learn within proposition pilot experiences to contribute to improved supplier and outcome performance and utilise, where relevant, contract structures for extensions, variations, transfers, data management Highly numerate with a keen understanding of structuring commercial deals to work for all parties Fluent in commercial contractual arrangements and in the management of external counsel and specialist consulting expertise where additional insight is needed Experience working alongside investment professionals to structure arrangements where lending capital is provided to enable the delivery of financial services drawing on investment specialists insight on intercreditor agreements where appropriate

Desirable experience and capabilities

It would be great if you:

Have in depth experience of financial services especially as regards consumer facing propositions and the commercial arrangements in place for their delivery

Why work at Fair4All Finance

Fair4All Finance is a not for profit organisation founded in 2019 to improve the financial wellbeing of people in vulnerable circumstances by increasing access to fair, affordable and appropriate financial products and services.

There are at least 17.5m people in the UK in vulnerable financial circumstances, who are poorly served or unfairly excluded from mainstream financial services. That s nearly a third of all adults in the UK.

We are funded from the Dormant Assets Scheme. The scheme is led by the financial industry and backed by the UK government. This makes it possible for money in dormant bank and building society accounts to be used to help good causes.

Our vision is of a society where the long term financial wellbeing of all people is supported by a fair and accessible financial sector.

Our Benefits include:

Financial Security:

Pension, group life assurance, critical illness, and income protection, family leave

Wellbeing:

27 days holiday plus bank holidays, agile working, health cash plan, health & wellbeing resource hub (including an Employee Assistance Programme)

Fair4All Finance is committed to being a diverse organisation that is truly representative of the people and communities we serve. We are an equal opportunities employer with an inclusive environment where different experiences, expertise and perspectives are valued, where everyone is encouraged to grow and develop, and all team members can contribute to their fullest potential.

Applications are welcome from people of any age, sex, gender identity, disability, marriage or civil partnership, pregnancy and maternity, religion or belief, race, sexual orientation, transgender status or social economic background. We are determined to ensure that all team members and applicants receive fair and equitable treatment or are not disadvantaged by any inappropriate conditions or requirements being placed on them.

When we are recruiting, we actively seek to reach a diverse pool of candidates. We are happy to consider any reasonable adjustments that potential team member may need to be successful. We recognise the importance of a good balance between work and home life, so we do everything we reasonably can to accommodate flexible working.

Applications

Please apply through Applied by noon on Friday 2 February 2024

We would recommend that if you are wanting to apply for this role, that you submit your application as soon as possible as we could close this advert sooner than the closing date stated above.

Interviews will be held in early February 2024

After the job advert closes, your answers will go through a sift process, randomising and anonymising answers to take out individual information that could add biases into hiring decisions. This enables application reviewers to review each answer objectively. People scoring the applications will not have seen your CV at this stage of the process so please try your best to answer questions with specific examples and without simply rephrasing your CV, which they will review later in the recruitment process.

PLEASE NOTE: This role is being advertised by NFP People on behalf of the organisation.