Job Vacancy
Portfolio Executive
Job Description
Position: Portfolio Executive
Based: Edinburgh or Glasgow
Salary: Competitive
Benefits: Generous benefits package including employer pension contribution and private healthcare cover
We are currently recruiting for a Portfolio Executive to join our Scottish team. This role will report directly to the Partner responsible for the region.
Deployment of capital from a range of client funds including Maven’s Venture Capital Trusts and the Investment Fund for Scotland (IFS) has resulted in a significant and growing portfolio of Scottish investments. The successful candidate will have a rare opportunity to join an experienced investment house, gaining valuable exposure to SMEs at different stages and operating across a wide variety of sectors.
You will provide assistance and guidance to investee company management teams, challenge strategy, monitor growth and cash requirements against plan, support the delivery of value creation plans, and leverage professional network contacts where appropriate, with the overall aim of increasing shareholder value.
WHO WE ARE?
Maven Capital Partners, a leading private equity house, partners with a diverse range of ambitious, entrepreneurial management teams to accelerate growth, and serves thousands of investors with the goal of delivering exceptional returns.
Headquartered in Glasgow, and with offices throughout the UK, Maven has over one hundred investment and support professionals providing a truly nationwide coverage. Maven manages in excess of £1 billion of assets for a variety of client funds, including Venture Capital Trusts (VCT), an institutional buyout fund, UK regional fund mandates such as IFS, and Maven Investor Partners (MIP), a syndicate of institutional, family office and experienced investors.
Maven is one of the most active investors in Scotland with our experienced team backing a diverse range of high growth entrepreneurial businesses across a range of sectors. The team have enjoyed significant success including notable recent exits from Quorum Cyber, Novatus, Blacktrace, McGavigans and Optoscribe.
The role & responsibilities
Responsibilities may include, but are not limited to:
- Proactive management of an investee company portfolio ranging from high potential growth businesses in the scaleup phase, through to established SMEs requiring a more strategic approach.
- Hands-on support to portfolio companies requiring direct input and guidance to address specific business opportunities and challenges, including new products and new markets, cost base optimisation, M&A support for bolt-on acquisitions, new business initiatives and implementation of successful exit strategies.
- Attendance at investee company board meetings and meetings with senior management teams to provide strategic support and constructive challenge.
- Provide robust and insightful monthly/quarterly updates and reviews of individual and consolidated investee company performance within the portfolio.
- Prepare papers for the Maven investment committee for follow-on funding or amendments to the investment terms.
- Attendance at local business networking events to raise Maven’s profile with potential investees and investment intermediaries.
- Work collaboratively and support other members of the portfolio management team in monitoring the portfolio and helping with the value creation agenda.
- The successful candidate will carry out any other duties that are within the scope, spirit and purpose of the job as requested by the line manager or member of the leadership team. This may include consultative support and guidance to other team members regarding their portfolio responsibilities.
- The successful candidate will proactively comply with and promote all organisation policies, including those relating to Equality and Diversity and Health & Safety.
What you need to succeed
- No less than 5 years’ relevant work experience.
- Previous experience in a financial or commercial management role in a business backed by an institutional investor, or demonstrable track record of operating as a business partner to achieve profitable business growth (e.g. turnaround, restructure, M&A or organic expansion).
- Experience of working with SME environments and entrepreneurial management teams aiming for growth.
- Knowledge and understanding of corporate finance transactions (equity and debt funding).
- A proactive approach and ability to multi-task and work to deadlines with minimum of supervision.
- Strong communication and influencing skills and experience of managing multiple stakeholders.
- Resilient and resourceful when facing challenging situations with investee businesses.
- Exhibit ability to solve problems with commercial acumen.
- Strong financial modelling and written communication skills.
The benefits of choosing Maven
- Join a team with a can-do, straightforward approach.
- An opportunity to work with a diverse range of entrepreneurs and build your network whilst being supported by a strong brand name.
- A dynamic learning environment where no two days are the same.
- An opportunity to develop new skills.
Your benefits package includes the following:
- Competitive Salary
- Discretionary Bonus Scheme
- Group Pension (10% employer contribution)
- Life Assurance (7 x Salary)
- Income Protection
- Health Cash Plan
- 25 days annual leave plus bank holiday
- Private Medical Health
- Company Sick Pay
- Enhanced Maternity and Paternity Pay
- Company paid training
- Cycle to work scheme
- Retail discounts
- You will be able to pick additional benefits to suit you!
Maven Capital Partners is an equal-opportunity employer that is committed to creating a diverse and inclusive experience for all its employees.
How to apply:
Does this sound like the perfect job for you? To apply please email: recruitment@mavencp.com
Maven Capital Partners UK LLP is a subsidiary of Mattioli Woods Limited.