Associate Commercial Specialist - London, United Kingdom - Government Commercial Function

Government Commercial Function

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

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Description

Details:

Reference number:

Salary:

- £76,125 - £97,760

GCO Pension, GCO Terms.

Up to 15% performance-related-pay available on accreditation
Job grade:

Grade 6
Associate Commercial Specialist
Contract type:
Permanent
Business area:
GCF
Department of Health and Social Care
Type of role:
Commercial
Working pattern:
Flexible working, Fulltime, Job share, Parttime, Compressed hours
Number of jobs available:
2Contents

Location

About the job

Benefits:

Things you need to know

Location

9 Victoria Street, London or Quarry House, LeedsAbout the job

Job summary:

Job description:

The role will involves working within a small team on key projects. Typically, we work on multiple projects at once, reflecting the fastchanging environment for PFI. We work flexibly as a team, making sure we have the right skills depending on what each project needs. Commercial specialists in the team are also supported by a PMO team who help with data and other analysis tasks. In all cases it involves working closely with different government stakeholders including within DHSC, NHSE, Trusts and with the Infrastructure and Projects Authority as well as the private sector including equity, debt, the FM market and advisers. An important part of the job is also sharing knowledge and skills with other members of the team to build capability and capacity.

Person specification:

Leading in providing advice to the Department and NHS bodies on technical, commercial, and financial aspects of PPP/PFI transactions. This is expected to cover issues such as statutory and contract compliance, performance and payment, operational efficiencies, contract variations, renegotiation, restructuring, refinancing, early termination, contract expiry and other contract management issues
Leading communications and managing relationships with senior officials in the Department, the wider public sector, and in the private sectorSupporting Commercial Specialists in the team on specific projects, including developing, interpreting, interrogating, and working closely with a range of complex financial modelsRepresenting the Department in commercial discussions, including with equity and debt providers to PFI projectsAutonomy for decisionmaking at a senior levelPreparing and reviewing business cases and preparing submissions to Ministers.

Supporting the team in looking at common ways to improve ongoing contract management and to addressing thematic issues facing the health and social care PFI portfolioContributing to the development of PFI training, guidance, standards and other portfolio and contract management tools and productsBuild and maintain strong relationships with key stakeholders across departments and the wider public sector
Build networks with investors, asset managers, lenders, contractors and advisors

Maintain current knowledge and understanding of industry best practice standards and market trends.

Technical skills:

We'll assess you against these technical skills during the selection process:

Manages Complexity
Ability to manage multiple projects with different issues running in parallel

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Decisive

Ability to take key decisions efficiently while engaging with key stakeholders

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Market Insight

Experience of the key issues facing operational health PFI projects as well as the key stakeholders in the market

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Commercial Focus

Experience in leading complex commercial negotiations

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Builds Relationships

Ability to build relationships with stakeholders across both the public and private sectors

Benefits:

As a valued employee of the Government Commercial Organisation (GCO), you will have access to all the benefits the centre has to offer; including flexible working, generous benefits, Career Coaches, Mentors, L&D, a Commercial College, active talent management and, most importantly, access to commercial projects that will far exceed the scale and complexity on offer elsewhere in the UK.Things you need to know

Selection process details:

This vacancy is using Success Profiles (opens in a new window), and will assess your Experience and Technical skills.
Please be advised that the Virtual ADC is taking place on
1st May 2024 and will require a full day's attendance.

The ADC is booked and paid for in advance by departments, therefore it is only in certain circumstances we are able to accommodate alternative dates.

Feedback will only be provided if you attend an interview or assessment

Security:

People working with government assets must complete baseline personnel security standard (opens in new window) checks

Nationality requirements:

This job is broadly open to the following groups:

UK nationals

- nationals of the Republic of Ireland
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of