VP, Investment Manager, Principal Investments

Job Description

Purpose of the role

To manage the bank's principal equity investments portfolio, ensuring that it aligns with the bank's principal investment strategy and risk tolerance by the analysis of market conditions, selection of appropriate investments and divestments, and monitoring of the performance of the portfolio.

Accountabilities

• Identification and screening of principal equity investment and divestment opportunities that align with the bank's overall business objectives, risk appetite, and regulatory requirements.
• Research and due diligence of various investment and divestment opportunities in principal equity investments, to select appropriate transactions for the portfolio, including follow-ons.
• Execution of transactions and portfolio management of the bank's principal equity investment portfolio, ensuring that it meets the bank's strategic investment objectives and risk tolerance.
• Analysis of the performance and periodic valuation updates of the principal equity investment portfolio, evaluating its performance against risk indicators and investment strategic objectives, and preparation of regular performance reports for relevant internal stakeholders.
• Implementation and maintenance of effective risk management processes to identify, measure, monitor, and control risks arising from transacting in principal equity investments.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

The role will be part of the London-based Sustainable Impact Capital team within Principal Investments, focusing on transaction execution and investment management of early-stage private companies developing, commercialising, and scaling Climate Tech. The activities are split into (i) transaction structuring, due diligence, and execution and (ii) investment management.

Responsibilities: Lead commercial due diligence to identify and assess key risks of an investment. Develop understanding of market in which the target operates and analyse environmental impact. Financial modelling and analysis, including selection of appropriate valuation techniques to assess deal valuation. Co-lead deal structuring, term sheet preparation and commercial negotiation with Origination partner. Present periodic transaction updates to internal stakeholders. Lead deal team on committee materials, internal governance, long form documentation negotiation and closing mechanics. Work with internal partners to ensure regulatory compliance. Active investment management on a portfolio of live investments, building relationships and assessing and escalating risks as appropriate. Provide robust challenge to portfolio company management teams, establish key performance indicators and early warning indicators. Act as board director/ observer on portfolio companies. Review of final valuations across portfolio coverage. Identify and recommend exit opportunities to enable capital re-cycling.

The ideal candidate must have experience working in strategic investing or the venture capital sector with a track record structuring and executing relevant transactions. Demonstrate knowledge of climate tech and sustainability. Experience of co-investment structures preferrable. Strong understanding of valuation concepts for private companies. A professional qualification will be advantageous to any application.

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.