About Us

PFG is a leading specialist bank for the millions of people in the UK who are not well served by mainstream lenders. As a business, our purpose is to help put people on a path to a better everyday life with our clear and responsible approach to lending; an approach built on over 141 years of experience.

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

PFG has a clear and stated purpose to ‘help put people on a path to better everyday living’ and is successfully doing so for over 1.6 million customers and has an ambition to do so for many more. To support this ambition, PFG is creating a new Group Strategy function that will be responsible for developing and delivering the medium to long term strategy for the business, ensuring that PFG identifies and responds proactively to the evolving wants and needs of UK consumer finance market, through a clear set of business objectives and action plans. This will including identifying and delivering opportunities to grow the business both organically and inorganically, giving the right candidates a range of opportunities to be part of the next stage of the development of PFG and putting more UK consumers on a path to better everyday living.

About the Role

Recognising PFG’s ambition, this is an opportunity to be at the forefront of developing and delivering the M&A strategy for PFG, identifying opportunities to accelerate the growth of PFG. This role is a great blend of strategy and execution, facilitating and delivering M&A transactions from ideation right the way through to successful implementation and value creation.

Hybrid working is available in this role. We ask that you attend the office 1-2 days per week.

This role could be based in either Bradford or London.

Key Responsibilities

  • Provide specialist support in the development and maintenance of the M&A landscape enabling potential opportunities for inorganic growth to be identified, prioritised and developed into an M&A deals pipeline reported and progressed with the PFG Group CEO, CFO and Chief Transformation & Strategy Officer.
  • Support the assessment of potential opportunities including the leading the indicative valuation of M&A targets, identification of potential commercial and cost synergies as well as evaluation of potential opportunities against pre-agreed strategic assessment criteria.
  • Provide specialist support for any M&A opportunities to be progressed including leading the co-ordination of the due diligence process, advisor selection, engagement and management, day to day planning and delivery of target management engagement.
  • Provide support in the development and lead co-ordination of engagement with sell-side management, ensuring progress of PFG evaluation of opportunities and due diligence achieves sell-side process requirements and commitments.
  • Lead the production of due-diligence materials and reports to support clear, timely and effective decision making in line with PFG governance requirements.
  • Support the development of the strategic rationale and business case for the acquisition and how it fits with the current PFG product set and enables strategic acceleration.
  • Lead the identification and development of synergies including future operating model options and cost baselining.
  • Develop offer materials from initial approach/expressions of interest through to non-binding and binding offer letters and subsequent purchase agreements.
  • Provide integration planning support for acquisitions successfully secured.

About You

We would like you to have skills and experience in some of the following:

  • Extensive experience in UK Financial Services.
  • Extensive experience in successfully delivering M&A across the process lifecycle.
  • Experience in the identification, analysis and assessment of growth opportunities, including new markets and customer segments.
  • Experience in developing and gaining key stakeholder support to M&A, both buyside and sellside, including at Executive and Senior management level.
  • Experience in development and gaining senior stakeholder support for key strategic measures against which M&A success will be measured.
  • Experience of preparing materials to support the M&A decision making and execution process and supporting senior stakeholders in the preparation relevant governance materials.
  • Proven track record of developing and leveraging relationships within the Financial Services M&A sector.
  • PC Literacy to include significant experience in MS Office Word, Excel, PowerPoint.

Desirable

  • Experience of developing, delivering and managing strategic business partnerships including, but not limited to, JVs, strategic alliances and co-operation agreements.
  • Experience in the use of planning and reporting tools.
  • Experience in developing/leading key programmes/projects.

The Benefits

The satisfaction of working for a successful and ethical business who are here to help people is a big benefit of joining us, but it is not the only one. We will invest in your development, giving you the support and training to become better and better at your job. We take the work/life balance seriously, with plenty of flexible working options. Working in a bright and refreshingly relaxed environment, you will find your opinions are valued and listened to.

On top of all this, we will give you a package including:

  • Competitive base salary and rewards
  • Car allowance
  • Discretionary annual bonus scheme
  • 50% Permanent Health Insurance
  • 4x Salary life assurance
  • Private Medical Insurance- Employee cover
  • 25 days annual leave entitlement (increasing with length of service)
  • Invitation to join the generous PFG pension scheme
  • Extensive opportunities for personal and career development
  • Flexible and dynamic working policies

Inclusion & Diversity Statement

We know that by having a better, more inclusive culture and a diverse group of colleagues, we can support our customers and each other in the best way possible. We also believe this goes a long way to helping us live our purpose and defines why we are here in the first place: to help put people on a path to a better everyday life.

We are an equal opportunities employer and we want people to join us no matter how they identify, their sexual orientation, marital or civil partner status, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.

We want to attract and retain the best people. So, we make sure that, if people need it, they are given all the extra support and reasonable adjustments to take part in any part of our application or interview process. We have also got lots of colleagues who choose to work flexibly, so please feel free to talk to us about how you prefer to work at any time.

We think that if you can Be Yourself in the workplace, you will do your best work and enjoy being part of the team and as a business we get to benefit from that and to celebrate all the wonderful things that diversity brings