Manager Portfolio Management

Leeds - UK

Monthly Salary: £ 60000 - 80000

Posted on: 10 hours ago

Vacancies: 1 Vacancy

Job Summary

Shape the Future with the National Wealth Fund

At the National Wealth Fund our mission is to swiftly and effectively mobilise trusted sector insights and investment expertise to unlock billions in private finance for projects across the United Kingdom. Providing 27.8bn of capital and an expanded mandate we are ready to help the market invest with confidence continue to drive forward the Governments growth ambitions.

We are looking for skilled and results oriented individuals who are motivated to help us build the National Wealth Fund into an industry-leading institution.

Job Purpose

This role is for a Manager in the Portfolio Management (PM) function. The primary purpose of the PM function is to manage the banks portfolio and client relationships once the asset is part of the balance sheet. The Portfolio Manager will support the team to manage a portfolio of debt guarantee and equity assets spread across the sectors identified within NWFs framework.

The successful candidate will support the active management of risk in the existing portfolio and will provide input into the NWFs pipeline of new transactions with the aim of delivering a positive financial return.

This critical role is fundamental to the NWF achieving its mission of investing profitably to reduce UK carbon emissions and local growth.

Location: Hybrid working with a minimum of 3 days per week in the Leeds office

Salary: 60000 - 80000

Deadline to Apply: 24th Feb 2026. Early submission is encouraged and applications will be reviewed on an ongoing basis

Core Responsibilities:

Monitor progress on key projects as assigned by the Assistant Director (AD)/Director. Engage with project sponsors and equity fund managers as directed and use judgement to identify when projects are at risk. Work with the AD/Director to identify and implement mitigating actions to minimise risks to the funds investments.
Contribute to and update internal models review and interrogate external models and carry out sensitivity analysis analysing outputs so as to ensure risks are managed and problems identified early.
Analyse significant amounts of qualitative and quantitative information some of it complex such as financial models technical and legal analysis facility documentation and deeds as directed by the AD/Director. Digest and summarise the results with a view to effectively recommending actions that align with the funds purpose.
Attend site visits and meet the Project Company management team to inspect project progress and work alongside the Directors and ADs to effectively scrutinise management in order to assess whether the project is progressing to the agreed project plan.
Negotiate and coordinate any required documentation test covenant compliance test future financial projections and financial accounts to ensure that deals remain financially sound and aligned to the mission and objectives of NWF.
Contribute to the preparation of reports for Investment Committee and Credit Committee to inform the Committees about the risks presented by new projects how those risks should be mitigated and how pricing should be structured.
Develop positive working relationships and interface in an open constructive and collaborative manner with internal stakeholders (including HMT) to help ensure a co-ordinated approach to delivery throughout the lifecycle of the project.
Proactively commit to continual professional development and demonstrate a positive attitude towards gaining experience and knowledge by attending infrastructure conferences and from working closely alongside senior members of the wider team on projects.

Knowledge Skills & Experience

A strong and demonstrable understanding of financial investment products
Demonstrable commercial awareness and skilled in understanding and digesting complex information.
Track record of working on high value and sensitive projects having accountability for aspects of delivery.
Experience of counter-party management. The successful candidate will be confident when building relationships with a range of internal and external stakeholders and will professionally represent the Bank in dealing with clients other banks and legal firms.
Good communicator including strong written/report writing skills.

The following experience would be considered beneficial but is not essential:

Experience of working in portfolio management
Transaction experience of products relevant to NWFs product offering; equity equity funds fixed and floating loans guarantees (including inflation linked debt guarantees) including debt structuring credit analysis and monitoring / management activities

A career with us offers a unique opportunity to make a lasting impact and work on cutting-edge technologies that will drive the UKs future. We value diversity in our people and inclusion is at the heart of what we do.

We offer competitive benefits and unique learning opportunities from combining both private and public sector skills and experience. Please note referencing and background checks are carried out for all roles here at the National Wealth Fund.

Required Experience:

Manager

Shape the Future with the National Wealth FundAt the National Wealth Fund our mission is to swiftly and effectively mobilise trusted sector insights and investment expertise to unlock billions in private finance for projects across the United Kingdom. Providing 27.8bn of capital and an expanded mand...