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Work for Scotland

Head of Scottish Growth Scheme Delivery

Job summary

Salary £60379 - £69690
Location Glasgow
Hours Around 37.00 per week
Closing Date 29 May 2019 at midnight
Reference IRC68705IOE
Employment Type Permanent Employee

We are currently seeking applications for a Head of Scottish Growth Scheme Delivery within the Scottish National Investment Bank based in Glasgow. This is a permanent and pensionable appointment and new entrants will normally start on the minimum of the pay range. Candidates with a disability who meet the essential criteria below will be invited to the assessments.

Establishing a new National Investment Bank (the Bank) is a flagship commitment set out in the 2017-18 Programme for Government.  An Implementation Plan for the Bank was published on 28 February which sets out the blueprint for this and contains 21 recommendations.

Delivery of the Bank involves a multi-disciplinary Programme Team that includes financial consultants and external investment specialists working alongside SG staff.   There are changes required in SG policy, complex stakeholder management and engagement, and co-ordination of high-profile legislation over the setting up  of a public body with a unique position in and influence over Scotland’s economy.  This role contributes to the successful delivery of this change over the next 18-24 months.

A Programme Board is overseeing the Bank’s delivery, supported by a Programme Director and a Strategic Adviser who reports to Ministers.   The programme team and workstreams are dynamic, and continue to evolve.

In the 2016 Programme for Government, A Plan for Scotland, the Scottish Government announced its intention to “invest in ambition” by creating the Scottish Growth Scheme (SGS).  The Scheme will be expected to deliver up to £500 million of investment.  It will provide microfinance up to £25,000, loans up to £100,000, and equity investment up to £2 million – all delivered through procured Fund Managers.  It also provides support to a Trade Body which will increase the capacity and capability of Scotland’s informal investment market so that SMEs can access additional funding from new and existing business angels and business angel syndicates.  In addition, it funds, the Scottish-European Growth Co-investment Programme, delivered by Scottish Enterprise, in partnership with the European Investment Fund, investing equity above £2m; and the Scottish Loan Scheme, delivered by Scottish Enterprise, providing debt funding in range £250K-£2m (in exceptional circumstances up to £5m).

Qualifications Required:
For jobs in Band B & C you must hold a minimum of 3 Highers or equivalent.

Other qualifications equivalent to these may also be acceptable, if you are in any doubt please contact to discuss.

Please note: If you fail to demonstrate how you meet the minimum qualifications as stated above, your application will be automatically sifted out.

Applicants require to have an informed knowledge and experience of accessing European funding and the necessary rules and regulations set out by the European Commission regarding the use of ERDF for financial instruments, this should also include the selection and appointment of Fund Managers.  Past experience of setting up financial instruments aimed at SMEs is essential, especially directly managing such Funds successfully and the practical use of Scottish Limited Partnerships model, both the legal aspects and technical delivery.   

Essential Criteria:
1. Excellent communication skills, both written and oral, with the ability to simplify the complex and communicate with confidence to a range of audiences and professionals.
2. Experience  leading, supporting and developing a successful team to deliver on a range of priorities.
3. Experience  working closely with Ministers, including giving difficult messages when needed and good political awareness.
4. Experience in working independently, managing own and team’s objectives to ensure progress is made in the context of changing priorities, competing agendas and a high level of reactive demands.

For further information on this vacancy please download and review the “Person Specification and Further Information for Job Applicants” which you will find below. To apply, you must fully complete and submit an online application via this website before the closing date. To learn more about this opportunity, please contact Ian McCall who can be reached at ian.mccall@gov.scot or 0131 244 1033.

If you experience any difficulties accessing our website or completing the online application form, please contact HR Resourcing on 0131 244 2843 or via recruitment@gov.scot.

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