Investment Director - Net Zero

Location: Edinburgh or Glasgow (Hybrid working)
The Scottish National Investment Bank is seeking an experienced Investment Director - Net Zero to lead the origination and execution of investments that support Scotland’s transition to a net zero economy.
Reporting to the Executive Director - Sustainable Investment, this is a senior leadership role within the Investment Origination function. You will be responsible for leading a high-quality investment pipeline across priority Net Zero sectors, delivering risk-adjusted financial returns alongside measurable mission impact.
This role sits at the forefront of the Bank’s purpose-led investment activity and offers the opportunity to shape Scotland’s Net Zero investment ecosystem at a national level.
We welcome applications from candidates who believe they can excel in this role, even if you do not meet every requirement. We value diverse experience and perspectives and encourage applications from all backgrounds.
Key Responsibilities
Investment Leadership & Delivery
*Lead the origination, structuring, negotiation and execution of equity and debt investments aligned to the Bank’s Net Zero mission.
*Manage and prioritise a dynamic pipeline of investment opportunities across sectors including energy transition, power generation, climate technology, circular economy and alternative fuels.
*Ensure all investments meet the Bank’s risk, return and mission impact requirements.
Governance, Risk & Execution
*Oversee preparation of high-quality Investment Committee papers, ensuring full compliance with the Bank’s investment approval process.
*Structure and negotiate investment terms to deliver appropriate risk-adjusted returns and support achievement of the Bank’s target rate of return.
*Ensure close collaboration with Governance, Risk, Legal & Compliance colleagues to identify, assess and manage financial, regulatory and mission risks.
*Manage relationships with external due diligence providers and legal advisers to ensure timely and robust transaction execution.
Portfolio & Lifecycle Management
*Ensure the smooth transition of investments to the Portfolio Management team post-completion and continue to support investments throughout their lifecycle.
*Maintain accountability for the performance of investments originated by your team, contributing to the overall strength of the Bank’s portfolio.
Leadership & Ecosystem Development
*Lead and develop a small team of investment professionals, providing coaching, oversight and on-the-job development.
*Build and maintain senior-level relationships across Scotland’s Net Zero and energy investment ecosystem, including developers, supply chain partners, institutional investors, banks and advisers.
*Represent the Bank at conferences, industry forums and external events, acting as a senior ambassador for the Bank’s Net Zero mission.
Key Skills and Experience
*Significant professional experience in Net Zero investment, sustainable finance, energy infrastructure or the wider energy supply chain.
*Proven market networks within relevant Net Zero sectors and the ability to further develop Scotland’s investment ecosystem.
*Proven experience leading complex investment transactions from origination through to completion.
*Demonstrated ability to manage investment portfolios and oversee performance over time.
*Effective team leader with the ability to manage workloads, develop talent and foster collaboration.
*Highly organised with excellent written and verbal communication skills.
*Degree qualified in Business, Finance, Law or a related discipline; a professional qualification (e.g. CA, CFA or equivalent) is highly desirable.
*Alignment with the Bank’s missions and values, with a clear commitment to delivering positive economic and environmental impact for Scotland.
What We Offer
At the Scottish National Investment Bank, we offer a supportive culture that values your expertise and autonomy, encourages continuous learning, and provides opportunities for meaningful work. The salary range is £107-125k, depending on experience, with additional benefits including 30 days annual leave plus public holidays, a 12% non-contributory pension, volunteer days, and more. We operate a hybrid working model and are open to discussing flexible working patterns.
If you are eligible under the Disability Confident Scheme or need any adjustments to support your application, please reach out to us. We are committed to providing the support needed for you to participate fully in our recruitment process.