Head of Investor Relations

Head of Investor Relations

Location:  London, Bradford, Chatham, Petersfield

Salary:  

Closing Date: Monday 06 May 2024

We’re Vanquis Banking Group plc, a FTSE All Share company, and a leading specialist bank, focused on the near prime and mid cost credit markets.

The Group has been providing financial inclusion, which supports social mobility, to those whose needs have not been well met by traditional lenders for over 140 years. We lend responsibly and provide tailored products and services to 1.7 million customers throughout the UK.

We're proud to support the 1 in 5 people in the UK who can’t get access to credit products through mainstream banks and building societies. We want to provide a helping hand when others don’t. That’s why our aim is to continue to develop better banking products for the 10-12 million people in the UK who deserve good quality products that they can’t get anywhere as well as to support the whole of the UK population to build up their financial resilience and better protect themselves against the rising cost of living.

Vanquis Banking Group is a unified group made up of two brands: Vanquis (cards and loans) and Moneybarn (vehicle finance). While they offer different products and services, they share the common purpose and customer-centric values at the heart of our group. We understand our customers are real people with varied life experiences, so everything we do from our products to our customer experience is designed with this in mind.

Role purpose

Reporting to the Group CFO (SMF2), the Head of Investor Relations, with input from the Chair, CEO and CFO, will design and implement the VBG investor relations strategy. You will be responsible for developing and maintaining strong relationships with our external stakeholders including shareholders, sell-side analysts, our advisors and specialist suppliers. Your focus will be on producing high quality company updates on a quarterly basis, organizing an appropriate shareholder engagement programme, harnessing connections and ensuring exceptional service to our investors, in order to achieve a fair valuation for the company. You will be working closely with our partners, company executives, and the wider finance team.

In your day-to-day role you will:

• Develop and implement our company investor relations strategy and plan.

• Build and maintain relationships with the investment community.

• Participate in strategic planning with VBG senior management to set financial goals in line with our company’s wider strategy.

• Define and evolve external KPIs and messaging.

• Create presentations, statements, press releases, regulatory news announcements, Q&As and relevant material required for corporate/financial announcements and events.

• Project management IR events, notably results announcements. 

• Attend and provide a record of conferences, roadshows and management meetings.

• Work with Finance to maintain a company-compiled consensus, published as appropriate.

• Be the first point of contact for potential new investors: develop and deliver an investor introduction presentation.

• Provide feedback to our senior management team and Board about the investment community’s perception of our business – providing analytical reports including competitive analysis and financial metrics.

• Play a key role in the design and production of the Annual Report, writing key sections of the Strategic Report.

Key Responsibilities

• Own the VBG Investor Relations strategy and plan.

• Maintain and develop relationships with sell side analysts, shareholders and advisors.

• Develop and maintain a single repository of IR content (presentations, RNS, meeting briefings, minutes, timetable, rolling Q&A etc) that can be accessed by all authorised users.

• Ensure that we maintain and publish up-to-date consensus earnings estimates.

• Own the structure and strategic content of quarterly results announcements, co-ordinating production of the financial content with the wider Finance function.

• Oversee the half yearly strategy and results presentations, leveraging the wider Finance function for financial content and the wider business for strategic and operational updates.

• Align key messages for the wider stakeholder group with the Corporate Communications Director.

• Lead the production of the Strategic Review section of the Annual Report.

• Oversee any periodic strategy seminars, co-ordinating input from key EXCO stakeholders and Communications.

• Responsibility for the agreement of, and control of, advisor budgets, in conjunction with the CFO.

• Ensure in your absence, the Head of Strategic Planning & Analysis, or another delegate, is fully briefed to cover the IR role.

Key Relationships

• Own and lead relationships with sell-side analysts, advisors and shareholders.

• Have the ability and stature to work with the Group CFO and other members of the Board / EXCO / Senior Finance Leadership team.

• Develop strong working relationships with the Group Financial Controller, Head of Strategic Planning & Analysis, Group Treasurer, Chief of Staff, and Corporate Communication Director .

Personal Qualities

• Ability to establish good relationships with shareholders, analysts, advisors and internal senior stakeholders.

• Ability to make and challenge strategic decisions.

• Ability to balance long-term thinking with day to day operational activity.

• Strong leadership skills to influence others.

• Good communication and the ability to build trust and influence at senior management and Board level.

• Strong collaboration skills with ability to co-ordinate and collate across multiple teams.

Experience and Qualifications

• Previous experience in investor relations, ideally in a leadership role.

• Ideally, a relevant professional qualification – qualified accountant, CIMA, Certificate in Investor Relations - and experience in a Banking / Consumer Finance / Financial services environment.

• Strong communication skills, written and verbal – able to present strategic and financial information effectively.

• Strong financial analysis skills with an understanding of financial modelling.

• Experienced in working with, and developing collaborative working relationships, with those who will be required to interact with you and support you with the provision of information.

• Strong, strategic thought processes.

• Ability to understand financial statements, results presentations, internal financial MI and plans.

• Ability to work under time pressure and be organised at all times.

Working Conditions - London/Chatham/Petersfield/Bradford – Hybrid working