Corporate Finance Senior Manager

Job title: Corporate Finance Senior Manager

Salary: Circa £80,000 – 90,000 + TfL Benefits
Grade: Band 4

Contract type: TfL    

Reference: 3857

Number of roles: 1 x Permanent Contract details: PermLondon Application closing date: [Monday 20th April]    

Location: Palestra, Southwark, London / Hybrid working (within this role enables a balance of 50 per cent of time split between the office and home over a 4-week period. Hybrid working arrangements can evolve subject to business requirements).

Job Purpose:

Corporate Finance ensures that TfL preserves and enhances corporate value with the ultimate goal of managing and mitigating TfL's financial risk and supporting the delivery of the long-term business plan and investment programme.

The Corporate Finance Senior Manager will lead a small team of 1 to 3 Corporate Finance Analysts taking responsibility for development and delivery of a portfolio of TfL's corporate finance activities such as capital raising, complex contractual arrangements, structured finance and major project funding arrangements.

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Key Responsibilities:

• Lead meetings with internal and external stakeholders, including lenders, contractual counterparties, senior TfL officers, government agencies, service providers and credit rating agencies
• Responsible for the production of research and analysis in respect to capital structure
• Responsibility for development, implementation and maintenance of TfL's borrowing programme
• Oversees the work of a team of c. 1 to 3 Corporate Finance Analysts
• Lead new or restructuring of existing large (c. >£100m capital or contract value) project or structured finance transactions
• Lead funding policy and commercial negotiations with private sector parties and government including lenders, contractual counterparties, senior TfL officers, government agencies, service providers and credit rating agencies
• Lead an expert team that provides robust quantitative analysis (including the building of complex financial models where necessary) used for decision making
• Provide sound financial advice as a centre of excellence to Finance and the wider TfL businesses, to maximise the value for money TfL derives from its commercial and financing activities
• Scope, procure and manage the work of TfL-appointed professional external advisors (e.g. economists, financial advisers, consultants)
• Challenging senior internal stakeholders up to MD level to ensure that TfL manages its financial risks and maintains appropriate funding for its activities
• To provide inspirational leadership to achieve behavioural changes and to create a "can do" culture across the directorate.

Skills:

• Corporate Financial Management (Experience)
• Financial modelling (Expert) 
• Financial analysis (Expert)
• Legal knowledge – Contract Review (Experience) 
• Risk management policies and procedures (Experience)
• Transaction structuring (Experience)
• Creating high-quality documents and presentations (Experience)
• Financial and commercial due diligence (Experience)
• Ability to undertake or oversee advanced credit analysis and financial due diligence, with understanding of the key investment criteria of corporate and project finance lenders, equity investors and ratings agencies

Knowledge:

• Educated to degree level or equivalent.
• Professional qualification (e.g. ACA, MCT, CFA, CIMA) or post-graduate qualification (e.g. MBA)
• Working knowledge of Excel in order to oversee the development, operation and interpretation of complex and flexible financial models
• Advanced knowledge of corporate, structured and project finance principles and relevant accounting issues.
• Knowledge of banking and local government regulatory and public policies that affect the organisation's capital structure and financing/funding arrangements

Experience:

• Significant experience of building, operating and interpreting complex financial models, financial/credit analysis and economic research
• Structuring and execution of financial and commercial transactions such as structured finance, PPPs, acquisitions, securitisations, property financing and incremental tax-based borrowing
• Public funding and financing policies at national and local level
• Working within a large, complex organisation or working closely with other government bodies
• Working in a financial services or corporate finance environment, preferably in a corporate treasury function, financial institution, large financial advisor or similar role in house in a government department or agency
• Must have demonstrable experience of managing and developing high performing finance teams.

Application Process:

• Please apply using your CV only
• Think carefully about the skills, knowledge and experience in the advert and cover this in your CV
• PDF format preferred and do not include any photographs or images
• We may close this advert early if we receive a high volume of suitable applications. 

We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.

Equality, diversity and inclusion:

We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. 

Benefits:

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the level of role but mostly include the below:

• Final salary pension scheme 
• Free travel for you on the TfL network 
• Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket
• 30 days annual leave plus public and bank holidays 
• TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow
• Private healthcare discounted scheme (optional) 
• Tax-efficient cycle-to-work programme
• Retail, health, leisure and travel offers 
• Discounted Eurostar travel

Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4 week period. Hybrid working arrangements can evolve subject to business requirements. 

Vetting Process:

At Transport for London, safety, trust and fairness sit at the heart of how we recruit. Our Vetting Charter (https://tfl.gov.uk/corporate/careers/our-vetting-process) explains the checks we carry out before you join us, helping ensure we create a safe, inclusive and reliable network for everyone who depends on our services. We simply ask that the information you provide is honest and accurate so we can progress your application smoothly. If something doesn’t match or can’t be verified, we may not be able to move forward with your application, but we’ll always treat you with transparency, respect, and clear communication throughout.

TfL is currently unable to provide sponsorship to candidates for this role as the Home Office’s eligibility criteria for sponsorship will not be met. TfL keeps its approach under review in line with changes to UK immigration rules. We are also unable to provide advice or guidance on individual immigration queries and advise candidates to check the Government’s website for further information.