BAT is evolving at pace into a global multi-category business. Our purpose is to create A Better Tomorrow™ by Building a Smokeless World.
To achieve our ambition, we are looking for colleagues who are ready to join us on this journey! Tomorrow can’t wait, let’s shape it together!
BAT UKIS LOOKING FOR AN INVESTMENT MANAGER - BTV
JOB TYPE: Permanent
FUNCTION: Finance
SALARY RANGE:Competitive salary package + excellent benefits + market leading bonus
LOCATION:London, United Kingdom
Role summary
What are the key objectives and expectations from this role?
We are seeking a bold and motivated Investment Manager to join our dynamic Btomorrow Ventures (BTV) team at our London headquarters (Globe House). As a key member of our investment team, you will be responsible for handling the deal process from start to finish, including sourcing new prospects, running introduction meetings, conducting in-depth financial/technical/strategic analysis, and communicating the prospects to the Investment Committee.
Reports to | Chief Investment Officer, Btomorrow Ventures |
Number of Direct Reports | 1-2 |
Core Relationships | Internal –BTV team, BTV MD, Senior and peer level stakeholders across the BAT business functions (with particular emphasis on SaaS , supply chain and logistics technologies and sustainability) and wider Business Development organisation colleagues, External – BTV portfolio companies, prospective investments, third party suppliers/contractors. |
Geographic Scope | Global |
Travel Required | ~5% |
Accountabilities
- Establish position as the “go-to” investments lead within the respective area coverage (e.g. SaaS B2B) both internally (within corporate business divisions) and externally (within investment/start-up community)
- Structuring, negotiating and completing deals (including commercial, financial) in line with BTV’s £200m Fund II directive, with an oversight over legal and technical due diligence.
- Developing strategic investment cases to be presented to the Investment Committee (IC).
- Conducting due diligence (DD) on potential investments and partnerships.
- Build/supervise financial models and use financial valuation methodologies to assess company valuation, funding requirements, and structures for potential investments.
- Building a strong start-up network and scanning the market to build a pipeline of investment opportunities in BTV’s defined investment areas.
- Supervising portfolio development against key performance indicators, ensuring wider BTV team are kept up-to-speed with developments and that there are no surprises.
- Use data and insights to provide beneficial help to portfolio companies, identifying areas for growth and improvement.
- Partner with the portfolio management team to secure strategic partnerships with BAT functions, as well as successful exit opportunities.
- Contribute to the development and execution of fund’s investment strategy as well as portfolio development strategy & management.
- Lead origination activities, including conducting market research and attending industry events to build relationships across the start-up ecosystem and pipeline for investment opportunities.
- Build presentation materials for prospects and portfolio companies.
- Mentor and develop junior investment professionals.
- Represent BTV on the Boards of select companies.
- Build and champion a high-performance team, encouraging a culture of innovation, collaboration and pace.
- Role model our BAT Values (Truly inclusive, Stronger together, Do the right thing, Love our consumer, Passion to win and Empowered through trust).
Experience, skills, knowledge
ESSENTIAL
Experience, Technical / Functional / Leadership Skills Required
- Strong financial modelling skills and proficiency in the end-to-end investment process.
- Proven interest in working with start-ups.
- Preferred experience within technologies including Enterprise SaaS, supply chain and logistics technologies, blockchain, automation & robotics and sustainability.
- Strong understanding of the VC process and key terms used in the negotiation and structuring of transactions.
- Initiative-taking, proactive, and eager to tackle new challenges.
- An analytical approach with a strong attention to detail.
- Ability to think critically and to perform in a fast-paced environment and deliver under pressure/timelines.
- Building partnerships: ability to build networks and a strong rapport quickly, both within the corporate and start-up setting.
- Portfolio engagement: build and maintain strong relationships with the portfolio companies to ensure that BTV is adding value as an investor.
- Demonstrated ability to act as an owner and adopt a growth mindset.
- Proven track record of strong leadership and people management. Enjoys developing others.
- Highly collaborative and contributes to effective teamwork and culture within BTV.
Education / Qualifications / Certifications Required
- Bachelor’s degree is highly preferred.
- 5-7yrs of experience from (Corporate) Venture Capital, Investment Banking, Private Equity, Strategy Consulting.
- 3+ years of direct line management.
BELONGING, ACHIEVING, TOGETHER
Collaboration, diversity and teamwork underpin everything we do here at BAT. We know that collaborating with colleagues from different backgrounds is what makes us stronger and best prepared to meet our business goals. Come bring your difference!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
What we offer you?
• We offer a market leading annual performance bonus (subject to eligibility)
• Our range of benefits varies by country and includes diverse health plans, initiatives for work-life balance, transportation support, and a flexible holiday plan with additional incentives
• Your journey with us isn't limited by boundaries; it's propelled by your aspirations. Join us at BAT and become a part of an environment that thrives on internal advancement, where your career progression isn't just a statement – it's a reality we're eager to build together. Seize the opportunity and own your development; your next chapter starts here.
• You'll have access to online learning platforms and personalized growth programs to nurture your leadership skills
• We prioritise continuous improvement within a transformative environment, preparing for ongoing changes
WHY JOIN BAT?
We’re one of the few companies named as a Global Top Employer by the Top Employers Institute – certified in offering excellent employee conditions.
At BAT, we champion collaboration, inclusion, and partnership as the bedrock of our values. We wish to foster an environment where every individual can thrive, irrespective of factors such as gender, sexual orientation, marital or civil partnership status, gender reassignment, race, religion or belief, colour, nationality, ethnic or national origin, disability, age, skills, experience, education, socio-economic and professional background, as well as diverse perspectives and thinking styles. We recognise that our strength lies in embracing talent from all walks of life, empowering us to develop our culture of inclusivity and better achieve our business objectives.
We view career breaks not as obstacles but as opportunities and encourage everyone, without hesitation, to apply. Through our Global Returners program, we provide support to professionals seeking to re-enter the workforce after an extended absence, be it for family care, parental leave, national service, sabbatical, or starting their own venture.
Come bring your difference and see what is possible for you at BAT. Learn more about our culture and our award winning employee experience here.
We take pride in being a Disability Confident Employer. If you need any reasonable adjustments or accommodations to be made during the recruitment process to support you performing at your best, please inform the recruitment partner who will be in touch should your profile be selected for the role you applied for. We are wholeheartedly committed to optimising your prospects of success by making suitable arrangements so that you may showcase your full potential.