Newham is a vibrant inner-city borough just 25 minutes from the centre of London. Proud to be home to one of the youngest and most diverse cultures across the country, Newham is a borough which makes living and working such a great experience.
Our council is led by directly elected Mayor, Rokhsana Fiaz, and 60 locally elected councillors who make decisions on how to provide local services on behalf of the local people. The Mayor is responsible for all executive decisions, providing strategic leadership across the borough. The day to day delivery of council services is led by Chief Executive, Althea Loderick, supported by Andrew Ireland, the Director of Strategic Investments.
Working with us, you’ll benefit from collaborating with a talented group of people that make our team unique. We work together to find solutions, sharing ideas to resolve issues as they arise. Priding ourselves on being a team that actively listens and respects the views of others, we encourage equality and diversity in all that we do.
As an employee of the Council, there are a host of benefits available to our employees. Some of the benefits include 26 days annual leave, flexible working & the cycle to work scheme. For more information on the additional benefits we offer, please click here.
About the Job
In 2018 the Council took the decision to merge the Shareholder Function with the Business & Growth Team, forming the Strategic Investment Group.
The overall purpose of the Strategic Investment Group is to provide tactical leadership, whilst taking accountability for the management of the Council’s portfolio of investments & shareholdings. Ensuring the group are able to achieve the strategic objectives of the Council, the team are involved in four key activities:
- Optimising return on existing Council assets & investments
- Increasing income generation, whilst identifying opportunities to make savings
Governance & Risk Management
- Providing strategic oversight across the Council’s portfolio & shareholdings
- Collaborating with stakeholders, taking a lead on organisational projects
Our Head of Business Investments (HoBI) is instrumental in driving our commercial activity forwards. Providing expert guidance on commercial issues and governance requirements, the HoBI supports the financial sustainability of the Council, whilst delivering the best value for money for our residents.
Acting as a Change Agent, the role facilitates the provision of corporate assignments, highlighting the need for strong, effective partnerships across the organisation. Leading a portfolio of projects, the HoBI also takes responsibility for delivering a range of complex commercial transactions, ensuring adequate protection for the Boroughs interests.
Above all, the role ensures strategic management of the portfolio of equity holdings, debt investment and commercial assets, improving efficiencies by leveraging opportunities, to balance the medium term financial strategy.
As a natural leader, you will use your interpersonal skills to develop strong working relationships with stakeholders across the Council. Working with key figures such as the Mayor and Cabinet members, you will have an understanding of the political landscape and how the public sector makes key decisions. With a focus on putting residents at the heart of all that we do, we are looking for a candidate who shares the same values as we do. However, it doesn’t stop there, to be successful in securing an interview, you must clearly evidence the following experience:
- Undertaking sophisticated commercial analysis of business propositions
- Working within an asset & investment management environment
- Creating business cases for investment opportunities
- Advising & supporting stakeholders surrounding risk & governance of investments
- Leading projects from initiation to final delivery, through strong project management
- Building relationships and negotiating with senior figures to achieve desired outcom