Investment Manager

This is an exciting opportunity to join Nationwide’s Strategy team and play a central role in the development and delivery of Nationwide Growth. Nationwide Growth supports ambitious privately-owned UK businesses by providing minority equity investments to support their growth and long-term value creation.

The role combines investment opportunity assessment, delivery, and active portfolio management. You will build relationships with prospective portfolio companies and their advisers, assess strategic and financial attractiveness, lead on transaction proposals from origination through to governance and execution, and support portfolio companies to help create sustainable long-term value.

Working closely with colleagues across Strategy, Legal, Risk, Finance, and other specialist teams (including Business Banking), you will help establish a disciplined, scalable, and well-governed investment process, and manage the resulting investment portfolio. The role balances commercial judgement and pace, with robust analysis, effective stakeholder management, and Nationwide’s commitment to delivering value for its members.

We are happy to consider flexible working approaches to help you perform at your best.

The working hours (per week) for this role can be between 28 and 35 hours.

At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.

For this job you'll spend at least two days per week, or if part time you'll spend 40% of your working time, based at either our Swindon, London or Glasgow office. If you’re based at our Glasgow office, this will apply from 1 April 2027 and ahead of that there will be a need to regularly connect with colleagues for collaboration events. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here. 

If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.

Responsibilities

What you’ll be doing

As an Investment Manager for Nationwide Growth, you’ll be responsible for screening potential opportunities against Nationwide Growth’s investment criteria, risk appetite, and strategic objectives. You’ll be leading and coordinating the assessment of investment opportunities, including undertaking market, commercial, financial, strategic, valuation, management, and risk analysis.

You will plan and coordinate due diligence across commercial, financial, legal, tax, technology, operational, regulatory, economic crime and other relevant workstreams, drawing on internal specialists and external advisers as needed. Using the information gathered, you will build clear, evidence-based investment cases and financial models, including returns analysis, scenario assessment, sensitivity analysis, and consideration of downside risks. 

You will prepare high-quality papers and recommendations for the investment committee and senior decision-makers, presenting complex opportunities clearly and concisely, and support with the negotiation and execution of investments, including transaction structure, investment terms, governance rights, and completion requirements. 

Through time, you will build trusted relationships with portfolio company leadership teams, acting as a constructive, commercially minded partner. You will monitor the performance, risk profile, and value creation progress of portfolio investments, using proportionate management information and agreed performance indicators, and you will contribute to portfolio valuation, governance, and reporting to senior stakeholders.

In this role you will represent Nationwide Growth externally and help to build its reputation as a credible, patient and purpose-led investment partner.

 

About you

We’re looking for an experienced investment professional who combines strong commercial judgement and analytical rigour with the ability to build relationships and deliver.

As a minimum, you should be:

• Able to demonstrate experience of assessing and executing equity investments, ideally in growth equity, private equity, venture capital, corporate development, or strategic investments

• Commercially curious, with the ability to understand business models, markets, competitive positioning, growth strategies, and the drivers of sustainable value creation

• Highly numerate and financially capable, with strong skills in financial analysis, investment appraisal, valuation, modelling, and returns assessment

• Experienced in structuring and coordinating due diligence and translating findings into clear investment conclusions and recommendations

• A confident communicator who can build credibility with founders, management teams, advisers, colleagues, and senior decision-makers

• Comfortable taking ownership of complex workstreams, managing multiple priorities, and maintaining momentum from initial engagement through to completion and portfolio management

• Skilled at producing concise, decision-useful investment papers, presentations, and management information

• Proactive, collaborative, organised and resilient, with sound judgement and close attention to detail

• Able to balance commercial objectives, member value, risk management, and governance requirements

• Committed to responsible investment, long-term partnership and supporting the sustainable growth of UK businesses

Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:

• Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind

• Say it straight - We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand

• Push for better - We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development

• Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes

You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.

Qualifications

The extras you’ll get

There are all sorts of employee benefits available at Nationwide, including:

• 30 days holiday, pro rata

• Private medical insurance

• A highly competitive pension to help you build a strong foundation for retirement

• Access to an annual performance-related bonus

• Training and development to help you progress your career

• A great selection of additional benefits through our salary sacrifice scheme

• Life assurance to provide peace of mind for you and your loved ones in the event of your death

• Wellhub – access to a range of free and paid options for health and wellness

• Up to 2 days of paid volunteering a year

Banking – but fairer, more rewarding, and for the good of society

We forge our own path at Nationwide.

As a mutual, we’re owned by our members - those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.

If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.

At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community, we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.

We are purpose-driven. Uncompromisingly customer. Unstoppably Nationwide.

What to do next

If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us. 

We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.

Keeping your data and personal information confidential is important to us. To find out more about how we use and process your data, please read our Privacy policy.

If you want to find out more about using AI in our recruitment process, please read more here.

Disability Confident 

We’re not just guided by data, we’re driven by the real experiences of our people. We’re a Disability Confident Level 3 Leader, the highest level. 

That’s why we’re constantly evolving our policies and practices to make sure everyone feels genuinely supported, valued, and empowered to champion inclusion. Whatever your needs, we’re here to support you. If you need any additional support throughout your application journey, email our team at Recruitment Support. 

Apply safely with Nationwide

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Please note that should you be successful in securing this role, the job title on our internal systems will be Senior Manager Planning & Delivery.