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Associate Director Commercial
Salary: £70 - £80k
Role Type: Fixed term contract 12 months minimum (part or full-time, flexible working)
Location: London/Hybrid (attending monthly sessions in London, client meetings nationwide)
Role purpose
We are looking for a Commercial Senior Manager / Associate Director to drive the next phase of the No Interest Loan Scheme (NILS). The NILS pilot has already lent over £10 million to more than 13,000 financially vulnerable people, demonstrating the positive impact of affordable credit. This is a unique opportunity to lead a multi-million-pound programme through its final stages and oversee its strategic scaling for long-term sustainability.
The scheme is currently funded by HM Treasury, JP Morgan, and Fair4All Finance. We are looking for an experienced senior lead with a background in both commercial delivery and business case development, fluent in working with the public sector, mainstream finance, and civil society to oversee the final stages of the pilot delivery and to take charge of scaling up NILS.
Key Responsibilities
- Lead the No Interest Loan Scheme (NILS) Programme: Oversee the final delivery phase of the NILS pilot, with the Programme Delivery Manager
- Develop the Business Case: Build the long-term commercial model and business case for NILS, identifying sustainable funding solutions and influencing senior stakeholders
- Stakeholder Engagement: Manage relationships with key partners
- Scaling and Expansion: Work with financial services providers to expand NILS beyond the pilot
- Product Innovation: Collaborate with internal teams and external stakeholders to adapt and improve the NILS product
- Dissemination and Reporting: Share lessons learned from the pilot
- People Management: Lead the Programme Delivery Manager, providing strategic oversight
Beyond NILS
You will also work across other propositions to improve financial resilience for over 20 million people in the UK. This will include testing new products and services designed to meet the needs of financially vulnerable individuals.
About you
You will have a strong background in financial services, commercial delivery, and business case development, with proven experience leading large, multi-stakeholder programmes.
Essential Experience and Skills
- Extensive experience in stakeholder management
- Strong background in financial services, particularly consumer-facing products and their commercial delivery
- Expertise in business case development and commercial modelling for social impact initiatives
- Fluency in contractual management and supplier management
- Experience collaborating with investment professionals and structuring financial services that require lending capital
- People management experience
Desirable Experience
- Experience working with the public sector or civil service and an understanding of state aid / subsidy and procurement considerations
- Familiarity with economic and social impact cases for public interventions
Fair4All Finance is a not for profit organisation founded in 2019 to improve the financial wellbeing of people in vulnerable circumstances by increasing access to fair, affordable and appropriate financial products and services. Our vision is of a society where the long term financial wellbeing of all people is supported by a fair and accessible financial sector.
Benefits include:
- Pension, life assurance, critical illness, income protection, family leave
- 27 days holidays plus bank holidays, agile working, health cash plan, wellbeing hub
We are committed to being a diverse organisation that is truly representative of the people and communities we serve. Applications are welcome from people of any age, sex, gender identity, disability, marriage or civil partnership, pregnancy and maternity, religion or belief, race, sexual orientation, transgender status or social economic background.
Applications
- Please apply ASAP.
- Interviews: September and October 2024
PLEASE NOTE: This role is being advertised by NFP People on behalf of the organisation.
