Civil Service Jobs The Civil Service is a large public sector employer with a challenging portfolio of business priorities and agendas to deliver. For further information on working in the Civil Service please visit the Civil Service website. Kathleen Bilinski Manager - Local Growth Click here to go back to search results Department Capital for Enterprise Ltd Number of Vacancies 1 Location: Region Yorkshire and the Humber Location: City/Town Sheffield Location: Building/Site Foundry House Grade SEO Salary Minimum £33310 Salary Maximum £43720 Type of Role Finance Other Stage 2: This vacancy is available to all surplus Civil Servants applying for internal positions on level transfer. This vacancy is open to employees who were appointed to the Civil Service on merit following a fair and open competition, or were appointed to a permanent Civil Service post in accordance with an exception certified by the Civil Service Commissioners. Reserved/Non Reserved posts This is a Non Reserved post under the Civil Service Nationality Rules and is therefore open to UK, Commonwealth and European Economic Area (EEA) Nationals and certain non EEA members. Security Basic check Disclosure and Barring service (DBS) check This post does not require a Disclosure and Barring service (DBS) check Is a medical required for this post? No Job Description Important note – detailed job description subject to change in the light of developing Government policy. Purpose: Working as part of a small team, to engage with and support Local Enterprise Partnerships (LEPs) and other local stakeholders and link them to sources of support and advice in the design, development and delivery of publicly-backed venture capital and loan funds, in support of local growth plans. Will also assist in the oversight and monitoring of the performance of a range of venture capital and loan funds, including the large ‘JEREMIE’ funds, based in the North East, North West and Yorkshire. The role involves working closely with LEPs, fund operators, regional stakeholders and other investors, including the European Regional Development Fund (ERDF). The role is based in Sheffield, but given its nature, and the need for visibility on the ground, regular meetings with LEPs across England are a feature of the role. Responsibilities and Accountabilities: - Identify key players within the LEP and City Region landscape with interests in finance for Small and Medium Sized Enterprises (SMEs). - Support team members by undertaking research and reporting on all aspects of venture capital and loan funds (VCLFs). - Under the direction of the Senior Manager – Local Growth, act as the designated relationship manager for a number of LEPs. Open channels of communication and proactively engage with them and other local stakeholders on SME access to finance and related business support initiatives, in the development of local growth strategies. - Research and provide information on potential sources of UK Government and EU funding (eg legacies from previous publicly-backed funds; European Regional Development Fund - ERDF) for new venture capital and loan funds (VCLFs) to support local growth strategies. - Research and provide information on best practice in business support used to compliment VCLFs for market making, investment readiness, portfolio management and aftercare to enhance outcomes for investors. - Build and maintain other important stakeholder relationships with, for example, existing fund entities and holding companies, business representative groups, BIS Local offices, ERDF Programme Delivery Teams and cross-Departmental Local Growth Teams. - Contribute to the monitoring and oversight of funds by attending monitoring meetings with holding fund/fund operators; supporting the analysis of complex financial information, including fund models, budgets and management accounts to ensure value for money is being achieved with public money; provide briefings as required prior to fund Board and Investment Advisory Panel meetings, and on occasions, attend in support. Context: Capital for Enterprise Limited (‘CfEL’) is a professional asset management company. It is also the UK Government’s centre of knowledge, expertise and information on the design, implementation and management of finance measures to support SMEs across the UK. The landscape of Government is changing as Local Enterprise Partnerships (LEPs) – public/private partnerships between local authorities and businesses to drive economic and business growth in their local areas – are given more responsibility and resources by central Government. This includes LEPs having a strategic voice for new SME finance initiatives, including the design and development of new VCLFs. These are expected to include funds utilising ‘legacy’ returns from previous regional funds (for example, those established by the Regional Development Agencies including the northern JEREMIE funds), other sources of public funding and European Structural Funds. Among its other responsibilities, CfEL has been asked to work with LEPs and other regional and local bodies to support them in establishing, and maximising the effectiveness of, new SME loan and equity funds. CfEL has considerable expertise and experience in SME schemes, at both national and sub-national level, and will deploy these proactively in support of local growth plans. CfEL is to be integrated into the British Business Bank in Autumn 2013 and all of its functions will continue within that entity. Dimensions: There are currently 39 LEPs operating across England, each with different strategic priorities, but given the need to achieve a critical mass for any new funds, it is expected that CfEL will engage with groups of LEPs, rather than individually. The level of available funding for the creation of new VCLFs is unknown at this stage but is likely to be in the region of £400m of ERDF alone. Following the Heseltine Review published in October 2012 (‘No Stone Left Unturned’), LEP influence over how UK and EU Structural funding is spent in local areas is expected to increase significantly. The closure of the RDAs in 2011 brought the transfer of RDA interests in regional funds back onto the BIS balance sheet. The role of oversight and governance was delegated to CfEL in 2011 and the team now supervises over 90 funds with commitment value of over £1bn. Competence 1 Non-core competency Competence 1 - Detail Person Profile: The profile below identifies the skills, knowledge and experience required to undertake the role. Criteria: • Experience of proactivity in building networks and of maintaining strong relationships with stakeholders and partners in both the public and private sectors, and of developing external networks to mutual advantage. (Essential) • Experience of working in a complex political environment and of achieving consensus amongst a range of interests. (Desirable) • Demonstrable negotiation and influencing skills. (Essential) • Experience in operating at a senior organisational level and an understanding of board governance structures and protocols. (Desirable) • Ability to work collaboratively and flexibly as part of a team to achieve measurable results. (Essential) • Ability to communicate effectively, both verbally and in writing, to a wide range of audiences. (Essential) • Demonstrable financial literacy. (Essential) • An understanding of the issues facing SMEs seeking to raise finance for growth. (Essential) • A graduate, or equivalent. (Desirable) • Experience of developing or monitoring publicly-supported venture capital and loan funds. (Desirable) • Sound operational knowledge of European Regional Development Fund (ERDF) criteria and requirements as they relate to VCLFs. (Desirable) CfEL’s Behavioural Competences: Level 2 Leadership: Understands their own role in the organisation and the part they and others can play to deliver. Team Working: Works collaboratively with colleagues to deliver areas of responsibility. Takes ownership of own actions / tasks. Oversight of tasks of others which impact on own workload. Relationship Management / Networking: Engages with stakeholders. Networks with external contacts to obtain and exchange information. Develops and maintains positive relationships with specified partners. Making Judgements: Applies technical skills to make judgements about business decisions. Communication: Communicates with team members and external contacts in courteous and polite manner. Gives and receives information clearly and concisely. Gives constructive feedback and receives it in a positive way to enable change. Working Pattern This post is full time and not suitable for part time or job share applicants Employment Terms: Post Type Permanent Employment Terms: Hours 37 Interview location and dates Dates TBC, Location: Foundry House, 3 Millsands, Sheffield, S3 8NH Contact and further details Capital for Enterprise Ltd is a BIS sponsored NDPB. Consequently the role is not a Civil Service role although the post holder is entitled to membership of the PCSPS. The role is Grade 7 on the Capital for Enterprise Ltd salary grading structure. This is not a Civil Service grade but in order to assist applicants the nearest Civil Service grade is SEO or equivalent. As part of the vacancy filling process, any prospective applicants must contact Kathleen Bilinski (kathleen.bilinski@capitalforenterprise.gov.uk; tel: 0114 2062147) to obtain a complete ‘applicant pack’ in connection with this vacancy. The closing date for this role is 5pm on 10 October 2013. For further information regarding the role, please contact: Jonathan Dixon, (email: Jonathan.Dixon@capitalforenterprise.gov.uk; tel: 0114 2062885) The Civil Service is committed to providing services which embrace diversity and which promote equality of opportunity. We also offer a guaranteed interview scheme for disabled applicants who meet our minimum selection criteria. We will not tolerate discrimination on any of the following: gender, marital status, sexual orientation, race, colour, nationality, religion, age, disability, HIV positivity, working pattern, caring responsibilities, trade union activity or political beliefs - or any other grounds. External applicants should note that for posts in Northern Ireland, applications from the Roman Catholic community are particularly welcomed as this group is currently under-represented in our workforce. Pension Statement Entitled to membership of the Principal Civil Service Pension Scheme (PCSPS) Closing date 10 Oct 2013