Principal Analyst, Impact

As a Principal Analyst, you will oversee the monitoring and reporting processes for NWF’s deals from an impact perspective. This includes coordinating with policy and communications colleagues to build compelling impact stories and enhance the Fund’s communications content.

You will work closely with the Portfolio Management team, who monitor the financial performance of projects, to build relationships and develop ways of working that ensure impact is appropriately considered and integrated as projects progress.

Your responsibilities will include coordinating the pipeline of annual reviews from an impact perspective, ensuring timely and high-quality inputs.

You will collaborate with the communications team to best represent NWF's impact story, leading efforts to collect relevant data for communications and producing strong impact stories at the deal, sector, and portfolio levels.

As a sector lead, you will conduct ex-ante deal impact and ESRG analysis and assessments for annual reviews.

Additionally, you will manage Impact’s relationship with the Project Management Office to ensure concise and well-managed project execution for the team.

Core accountabilities:

• Support the NWF to achieve its strategic objectives (supporting net zero and regional and local economic growth) – helping implement the NWF’s Impact Framework in relation to monitoring, reporting, evaluation and learning on the impact of the NWF’s work.
• Oversight of the Fund’s Impact Monitoring, Evaluation and Learning, ensuring NWF appropriately monitors the extent to which expected impacts are occurring and is extracting relevant learnings.
• Lead on developing communication products of impact’s work, working closely with wider Impact and policy team to ensure strong content, format and style for telling NWF’s impact story. Engage with relevant government departments and external experts.
• Act as the point person for the Impact team working closely with the Portfolio Management team to ensure that Impact, additionality and ESRG are fully embedded in the ex post monitoring and reporting process for NWF. Also supporting impact reports within annual reviews and ex post sector assessments.
• Deals impact assessments lead - Serve as one of the impact team’s sector lead for a number of technologies within NWF’s key sectors. As the sector lead you will stay up to date with policy, technological and market developments in these sectors. You will work with NWF’s Banking, Policy and Risk teams to understand potential investments’ impact and assess whether the NWF is ‘additional’ e.g. addressing an undersupply of capital or market barrier over time.
• Lead the due diligence process for potential lending and equity deals (both private and Local Authority) – including producing impact, additionality and ESRG (environmental, social, resilience and governance) analysis to inform decision making by NWF’s Investment Committee. This involves assessing potential investments against a reasonable counterfactual in order to estimate their net impact on carbon emissions, local employment and productivity.
• Be a team player and peer-review the analysis and assessment undertaken by other analysts in the function., The NWF is headquartered in Leeds, with a small satellite office in London.
Most of our employees are Leeds based. You will be expected to travel to Leeds 3 days a week
Flexible working arrangements:
The NWF views flexible working as essential in enabling us to recruit and retain talented people, ensuring that they are able to enjoy a long-lasting career with us.

The NWF is an institution designed to serve the whole of the UK and we will aim to reflect that in our own hiring. The diversity of the team as a whole will be a consideration when making appointments from this process.
Successful candidates must pass a disclosure and barring security check.
People working with government assets must complete basic personnel security standard checks.

This job is broadly open to the following groups:
• UK nationals
• Nationals of Commonwealth countries who have the right to work in the

UK
• nationals of the Republic of Ireland
• nationals from the EU, EEA or Switzerland with (or eligible for) status under the European Union Settlement Scheme (EUSS)
• relevant EU, EEA, Swiss or Turkish nationals working in the Civil Service
• relevant EU, EEA, Swiss or Turkish nationals who have built up the right to work in the Civil Service
• certain family members of the relevant EU, EEA, Swiss or Turkish nationals

Note:
If you are a civil servant or an employee of a public body, this advertised role is not within the Civil Service or an accredited Non Departmental Public Body. As such, your continuity of service may be affected if you apply and are successful, and you should check the appropriate guidance with your HR team or line manager. .
This role may not include an option to apply for a Civil Service Pension, as it is outside the Civil Service.

Terms and conditions
Individuals would join the NWF on a 1-2 year secondment, remaining on their current terms and conditions. We will consider individuals on temporary promotion, however any period of temporary promotion would end on your return to your home department and would not be recognised as substantive.
Individuals applying would need their line manager’s and department’s permission that they are able to join the NWF on secondment. It is important that you have agreement from your line manager and HR team to be released quickly.

Things you need to know

Selection process details

Two stage interview process.
Please submit a CV and covering letter to the link below
https://ukib.wd3.myworkdayjobs.com/en-US/UKIB/jobs/details/Principal-Analyst---Impact_JR100205-1
Feedback will only be provided if you attend an interview or assessment.

Security
Successful candidates must undergo a criminal record check.
Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check (opens in a new window).See our vetting charter (opens in a new window).
People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements
This job is broadly open to the following groups:
+ UK nationals
+ nationals of the Republic of Ireland
+ nationals of Commonwealth countries who have the right to work in the UK
+ nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
+ nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
+ individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
+ Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Further information on nationality requirements (opens in a new window)

• Use and application of economic techniques in appraisal, monitoring and evaluation in a policy and delivery environment, undertaking analysis using a range of data and evidence and communicating this in a clear and succinct way.
• Proven ability to work with, influence, and navigate stakeholders including commercial partners, academia or government departments.
• Outstanding communication skills, both in writing and in person, including the ability to write concisely and compellingly; able to synthesis complex issues and data in an easy-to-understand manner and focus on the most relevant information.
• General analytical techniques, including use of excel.
• Excellent inter-personal skills and the desire to form and maintain high quality relationships to shape policy decisions.

Desirable skills and experience:

• Experience and/or knowledge of infrastructure finance, infrastructure project development, including (but not exclusive to energy technologies, energy transition, regional development projects, water, waste transport or ICT).
• Experience of working on communications activities for an organisation.
• Entrepreneurial, curious, and motivated candidates with a professional, positive attitude with the ability to contribute to a growing work area that thrives on teamwork and collaboration.
• Excellent problem-solving skills, including the ability to respond to problems with an open mind and propose pragmatic solutions.
• Excellent research skills, and the ability to deliver high-quality outputs using the best available evidence.
• Line management experience and broader task management experience
• An ability to balance longer term strategic analysis with short term workload in the context of a scale up environment that is not always set in stone.
• Resilience and the ability to remain calm in changing situations.
• Experience of presenting data and analytics through relevant packages e.g. Power BI

Professional Qualifications:

Must hold a 2:2 degree or above, in subject with a significant quantitative element, including economics and data analytics or equivalent experience.

We welcome applications from a wide range of applicants and are looking for positive contributions to the team.

The UK Infrastructure Bank has become the National Wealth Fund, with a broader remit, more capital and a greater capacity for risk. The new NWF will expand UKIB’s remit beyond infrastructure in support of the Government’s industrial strategy, building on its success over the last three years. With additional financial capacity and an enhanced risk budget, the NWF will be capitalised with £27.8bn to catalyse private investment in the market.

The NWF will expand its team, securing additional sector expertise to support its new remit. Alongside boosting its private sector investments, it will continue to provide commercial and financial advisory services and market leading lending to local authorities, further strengthening its partnerships with Mayors to support the Government’s growth ambitions.

The new organisation will also take on a more sophisticated partnership role with Government departments, bringing investment expertise and policymaking closer together, to accelerate policy development which supports and grows the market.

The NWF will continue to make private sector investments against a clear set of principles, with a focus on crowding in private finance to sectors and technologies which are critical to the UK’s clean energy and growth ambitions. The government will set out further details of the NWF’s role in delivering the Industrial Strategy in a statement of strategic priorities, as well as reviewing the organisation’s success metrics, before the next financial year.

The NWF is headquartered in Leeds, and will operate UK-wide, supporting projects in England, Scotland, Wales and Northern Ireland; it operates within a mandate set by government and has a high degree of operational independence. Through its leadership role, the NWF will provide markets with the long-term certainty to build and support investor confidence.