Vacancies

We have an exciting opportunity for an experienced Business Development or Relationship Manager from a Business or Commercial Banking or SME lending background to join an existing team. 

The Midlands Engine Investment Fund is a £42M debt fund that provides growth loan finance to small & medium sized enterprises across the Midlands.  

You will be responsible for origination, appraisal, and deployment of loans to growing and innovative SME’s from £100K to £1.5M 

You will be expected to: 

  • Originate a consistent pipeline of suitable lending opportunities, developing relationships with introducers, and marketing the product to appropriate audiences 

  • Carry out evaluation and due diligence on suitable proposals in line with the Fund’s Lending Policy and Operational Guidelines. 

  • Present proposals to the credit committee 

  • Manage completion matters post approval including completion of facility documentation and working alongside company solicitors to ensure all security requirements are met 

  • Pro-actively manage a client portfolio, monitoring performance and identifying early potential default situations. 

  • Contribute to periodic fund reporting requirements and preparation of marketing materials. 

Desired Skills & Experience: 

  • Significant prior experience in lending to SMEs where the primary repayment source is future cash flow based on planned expansion 

  • Strong ability to assess and structure loan propositions  

  • Ability to multi-task and prioritise deadlines to meet customer expectations. 

  • Good presentation skills & ability to communicate and interact at all levels of management. 

  • A high level of IT proficiency, particularly on Microsoft Office 365 products  

  • A diligent working style and experience using CRM systems to manage & track proposal activities. 

What we offer: 

  • A competitive base salary commensurate with your experience (up to £60,000 per annum) 

  • 25 days annual leave plus usual Bank holidays in England & Wales. You also get your birthday off and one day for a volunteering purpose. 

  • 5% contribution to employer pension scheme, subject to minimum 3% contribution from employee 

  • Option to join the private medical scheme (50% employer contribution to premium) 

  • Death in Service benefit equivalent to 4x salary. 

About The FSE Group: 

Our primary goal is to provide tailored funding solutions and support for ambitious and innovative small and medium enterprises (SMEs), to help them achieve their maximum potential. With over £200m of debt and equity funds under management, the Group is continuing to grow and prides itself on taking a holistic approach to the funding needs of our clients. For more information see www.thefsegroup.com 

At the FSE Group we work hard to create an environment where our people can make a difference – to themselves, their career, their teams, and to the success of our firm and clients. We support all our people to work on a hybrid basis, to manage their family and other responsibilities alongside their work commitments; we believe this is key to achieving an inspiring and fulfilling working environment. 

Diversity and Inclusion at the FSE Group: 

The FSE Group is committed to encouraging equality, diversity and inclusion amongst our teams. This is central to our values of collaboration, Inclusivity, Innovation, Sustainability and Delivery. 

The aim is for our workforce to be truly representative of all sections of society, and for each employee to feel respected and able to give their best.  

Job Types: Full-time, (but open to requests for part time of 4 days per week minimum).  

Applicants must have unrestricted access to work in the UK. 

If you would like an informal chat about the role please call Andy Moss, Head of Funds on 07436 182885

To apply please email your CV and covering letter to: HRandOperations@thefsegroup.com 

Previous applicants need not apply.

Strictly no agencies.

Vacancies

We are seeking an equity portfolio manager to join our South East team. 

Reporting directly to the Head of South East funds, this is an exciting opportunity to manage a portfolio of high growth, primarily technology focused companies, which are part of EIS and seed stage venture funds. 

Principal accountabilities 

  • To manage early stage equity investments in line with the fund operational guidelines 
  • Responsible for all aspects of portfolio management, including monitoring performance, driving valuation growth and exits, 
  • Attend client Board and strategy meetings on a regular basis, 
  • Represent the funds as an observer on investee company boards as necessary 
  • Preparation of reports and presenting to investors and supervisory bodies  
  • Administration of the funds activities in various aspects 
  • The portfolio companies are based in the South East of England. You must have the ability to travel to and attend company review/Board meetings, albeit some are held remotely via MS Teams. The South East team reconnects 1 day a week (Monday) in the Head office location in Blackwater, Camberley, Surrey.  

Knowledge, skills and experience 

  • Extensive experience at Board level with technology-based SMEs 
  • Relevant equity investment experience 
  • This role is a CERTIFED position as described by the Financial Conduct authority under SM&CR. The successful applicant will be required to demonstrate sufficient skills and experience for the firm to verify their standing under FSMA & SYSC 27 of the FCA handbook. (SM & CR). 
  • Exposure to/knowledge of key industry sectors which may include technology, media, healthcare, education, cleantech. 
  • Advanced excel experience 
  • Independent, motivated self- starter with excellent time management skills and ability to deliver deadlines whilst under pressure. 
  • Flexibility  – Some investee company Board meetings are held outside of normal office hours and you may be required to flex your working hours accordingly.   

About us 

Established in 2002, The FSE Group primarily manages funds on behalf of public sector organisations, EIS investors and universities.  

Our primary goal is to provide tailored funding solutions and support for ambitious and innovative small and medium enterprises (SMEs), to help them achieve their maximum potential. With nearing £225m of debt and equity funds under management, the Group is continuing to grow and prides itself on taking an integrated approach to the funding needs of our clients. For more information see www.thefsegroup.com  

With a passion for, and successful history in, managing and deploying market gap funds with an economic impact purpose, we focus on more than pure commercial return to support the growth of SMEs. We promote diversity. We support underrepresented geographies. We are insightful in determining how we can improve an evolving funding landscape and we stimulate sustainability by successfully recycling smaller funds. We are more than money. 

The core values we live by as FSE employees are Collaboration, Innovation, Inclusivity, Sustainability and Delivery. 

With one of our core values being inclusivity, we are committed to a diverse and inclusive team. We are an equal opportunity employer and treat all applications fairly and welcome job applicants from all communities and affinity groups.  

What we offer: 

  • Flexible hybrid working between home and our offices in Blackwater. 

  • A competitive base salary commensurate with your experience banding £55,000 - £60,000 

  • 25 days annual leave plus usual Bank holidays in England & Wales. You will also get your birthday off. 

  • Ability for you to use 1 day for Corporate Social Responsibility purposes annually. 

  • 5% contribution to employer pension scheme, subject to minimum 3% contribution from employee. 

  • Ability to join the private medical scheme (50% employer contribution to premium) 

  • Death in Service benefit equivalent to 4x salary. 

Job Role: Full time, permanent. We are prepared to consider applications for 4 days a week. 

You must have the right to work in the UK. 

Strictly no agencies. 

If you would like an informal chat about the role please call Cheryl Weeks, Head of Funds on 07866 835143.  

To apply, please email your CV and covering letter to HRandOperations@thefsegroup.com