The CEO is responsible for the ultimate executive leadership,
day-to-day management and performance of the NWF – including ensuring the
NWF delivers against the strategy and targets set by government and the board.
In addition, the CEO will have public facing responsibilities and will be
expected to manage the bank’s relationship with HM Government, act as its
ambassador, and ensure it delivers in line with its mandate. More specifically,
responsibilities will include:
·
Leadership
and strategy - as the Accounting
Officer and most senior executive leader within the NWF, the successful
candidate will have accountability for ensuring the institution is high
performing and effective, delivering against the objectives set out by the
board and the NWF’s mandate (including both financial and policy outcomes).
·
Operational
performance - final responsibility and
oversight of the NWF’s balance sheet and investment portfolio, ensuring that
its investments are commercially suitable, ensure good corporate governance,
that they deliver against the government’s policy objectives, and that risks
are managed appropriately.
·
Working
with the NWF board and HM Treasury – work
closely with the board, advising on investment opportunities and economic risks
that could impact the fund, and where relevant, present to HM Treasury as the shareholder and Ministers – ensuring that they
are kept updated on relevant performance in a timely manner and how the
portfolio is building in line with overarching policies and objectives.
·
External stakeholder relations - engage effectively with key
stakeholders, including regional and local authorities, devolved
administrations, mayoral combined authorities, investors, academics and
advisory groups. Act as an ambassador for the NWF as required and champion its
reputation.
·
Recruitment
and talent - ensure the NWF is an
outstanding employer, capable of attracting, retaining and motivating excellent
and diverse talent.
·
Working with the wider
executive team and employees - build
strong collaboration with the wider ExCo, ensuring alignment of the
organisation’s activities and NWF’s key objectives. Work effectively with the
senior executive team and wider senior employees of the NWF across banking,
portfolio management, local authority lending and advisory, risk, regulatory,
policy, legal and back-office functions. Provide both leadership and
collaboration in these relationships. Offer appropriate challenge and support
to drive performance.
·
Culture - nurture the culture of excellence, diversity,
collaboration and professional integrity within the organisation, in all
aspects of operations. Continue to ensure that the Leeds office is successful
both as a headquarters for the NWF, employer within the region, and culturally
as a unifying institution outside of London which contributes to the agenda of
supporting regional and local economic growth. Foster a culture of
excellence, innovation, and accountability in a supportive environment with a
strong focus on learning and development, ensuring that bullying and discrimination are never
tolerated and actively discouraged to prevent their occurrence.