Opportunity Awaits.

Position Overview:

Background

Following a strategic decision by Dalmore Capital (“Dalmore”) to establish a dedicated MSA provider for its portfolio, Resolis Limited (“Resolis”) was established in early 2021 to provide management services to assets where Dalmore has an equity participation.

Dalmore is a fund management company that provides institutional investors with access to long-term investment opportunities and manages over £5.5 billion of capital, invested in c.120 infrastructure assets. A number of these assets are Public-Private Partnerships (PPP), where the investment is structured through a Special Purpose Vehicle (SPV), which is used to contract with all parties involved.  Resolis, as the dedicated MSA provider, provides a range of specialist services to the SPV to support the investment.  These services include:

• Operational & contract management
• Accounting, company secretarial, financial modelling and tax
• Counterparty liaison & management
• Lifecycle & Handback Management
• Insurances

Role overview

Given the current focus on operational compliance across the PFI/ PPP Sector, Resolis has developed an Assurance Framework offering with Dalmore, to help provide Shareholders comfort that Projects are being operated in line with the contractual requirements.  The Projects cover one or more of the following sectors: health, education, blue light, custodial, government, defence, and roads.

The Assurance Framework considers all aspects of the PFI project and will visit projects at various stages of operations, covering the initial reviews through to monitoring any rectification works alongside the Operational teams.  

The Assurance Team has three key areas of focus:

• Delivering high-level reviews and peer reviews of contracts to understand the Portfolio review.
• Deliver the planned Assurance Framework reviews and support with any rectification plan monitoring and close out; and 
• Supporting projects in a reactive capacity where there is a specific project need/demand above the BAU MSA role.  

Resolis is looking to recruit an individual with a background in FM / SPV operations, or as a technical advisor, in the PFI / PPP sector, to be part of the Assurance team.  Reporting to the Associate Director – Assurance, this role will help with the delivery of the Assurance Framework centrally in Resolis, delivering both planned audits and supporting on reactive projects where contracts require specialist additional support over and above the MSA BAU role.   

The role would work to deliver technical and commercial reviews across Resolis’ wide-ranging portfolio of PFI projects throughout the UK.  The focus of the role would be on contract compliance, and we are looking for someone with a strong commercial background and in-depth knowledge and experience of the operation of Helpdesk and Payment Mechanism in the PFI Sector.    

Alongside delivering the reviews, the candidate will be required to work closely with the Operations, Commercial and Finance teams at Resolis to support the resolution of any matters found.  Wider opportunities to support the business in assurance initiatives across the portfolio will also form part of the role.  

Responsibilities

Overview 

In completing an assurance review, the candidate would be required to work as part of the Assurance team across a variety of topics.  Example areas that would be required to be completed by the role would include:

• Detailed review of the Helpdesk, considering its set-up and use against the contractual requirements 
• Review the application of the Payment Mechanism and compliance with the contract 
• Complete reviews of FM Provider self-reporting and delivery against the KPI’s, including method statement review and on-site process sampling and review and risk exposure in current practices
• Audit the monthly reports and their compliance with the contract 
• Review the wider contract requirements that could be included, for example:
  • variations process 
  • Review Benchmarking / Market Testing processes 
  • Management process and H&S review 
  • Utilities 

General 

• Support the process to rectify any findings with the Resolis Commercial, Finance and Operations team, working closely with the project GM and Dalmore Directors. 
• Help share any lessons learnt with the wider Resolis organisation
• Support the development and roll out of processes across Resolis to support assurance initiatives  
• To promote and develop best practice within the business and to enhance the quality of service/business reputation. 
• Other duties as may be reasonably requested by the Project Company Board of Directors, considering the nature of the role.

The above list of duties is not to be considered exhaustive and may be varied from time to time to enhance/develop the offering to the company’s client base. 

Qualifications & Experience

• Experience in auditing or operating Payment Mechanisms and interrogating Helpdesk data in a PFI setting 
• Strong working knowledge of the management of PFI Projects in the operational phase 
• Understanding of project finance in the PFI arena
• Experience in dealing with project investors, lenders and operators in PFI 
• Track record of delivering auditing / due diligence in the PFI/ PPP sector
• Experience across a broad range of infrastructure sectors is desirable, but demonstrated delivery with the social sectors (healthcare, education, housing, etc.) is essential
• Degree level qualification (or qualified by extensive experience) in construction/FM/asset management background 
• Knowledge of various Standard Form PFI/PPP/PF2 contract payment mechanisms is preferable 
• Strong Excel skills and wider MS Office

Personal attributes 

• Strong interpersonal & communication skills (both oral and written) 
• Ability to work under pressure in a time-sensitive environment
• Self-motivated, capable of working without supervision and as part of a team
• Commercially astute
• Ability to prioritise/organise workload
• Able to analyse information quickly and efficiently, choose or recommend from a range of options 

Location 

• Flexible, may be home-based or office-based in Edinburgh.  
• Travel will be required to project sites, given the assurance role

Compensation  

• Job Type: permanent, full time
• Salary: competitive package
• Benefits: life assurance, pension plan, private medical insurance, others

Position Overview:

Background

Following a strategic decision by Dalmore Capital (“Dalmore”), to establish a dedicated MSA provider for its portfolio, Resolis Limited (“Resolis”) was established in early 2021. Resolis’ objective is to provide management services on assets where Dalmore has an equity participation via its various managed funds.

Dalmore Capital is an independent fund management company that provides institutional investors with access to long-term investment opportunities in, predominantly, UK-based PPP infrastructure assets. The firm manages over £5.5 billion of capital and its funds have invested in c.130 infrastructure assets through co-mingled discretionary and co-investment vehicles.

An investment in a PPP asset is structured through a Special Purpose Vehicle (SPV) which is used to contract with all parties involved. Dalmore currently contracts out the management of these SPVs for over 85% of its assets to a range of specialist service providers. Services provided include:

• Operational & contract management
• Accounting, company secretarial, financial modelling and tax
• Counterparty liaison & management
• Lifecycle expenditure
• Insurances

Role overview

Resolis is looking to recruit an experienced Project Support Administrator to support managers within our SPV team at Tunbridge Wells Hospital. You will be skilled at all aspects of administration and working with a wide range of stakeholders. The role will be based on-site at Tunbridge Wells Hospital.

Responsibilities

• Manage day-to-day administrative aspects of the SPV management services
• Collation and preparation of project diary, including meeting organisation, collation of agendas and papers and minuting as necessary
• Support the SPV team with the preparation of reports in line with contractual obligations and good industry practice including routine preparation of Board packs and any other ad-hoc reports as may be reasonably requested from time to time.
• General office tasks such as ordering stationary and managing hospitality arrangements for meetings
• Document management and tracking of contractual correspondence
• Collating and checking information for reports
• Maintaining variation and lifecycle trackers based on information provided by colleagues• Other duties as may be reasonably requested giving consideration to the nature of the role.

The above list of duties is not to be considered exhaustive and may be varied from time to time in order to enhance/develop the offering to the company’s client base.

Qualifications & Experience

• Relevant experience in general administrative duties
• Excellent time management and organisational skills
• Good working knowledge of MS Office including Outlook, Excel, Word and PowerPoint
• Experience or knowledge of PFI projects will be advantageous but not essential

Personal attributes

• Organised and able to plan and prioritise workload
• Good attention to detail
• Able to work under pressure in a time-sensitive environment
• Self-motivated, capable of working without supervision and as part of a team
• Good communication skills with a range of stakeholders

Location

• Tunbridge Wells Hospital

Compensation

• Job Type: permanent, full time
• Salary: competitive package
• Benefits: life assurance, pension plan, private medical insurance, others

Position Overview:

Background

Following a strategic decision by Dalmore Capital (“Dalmore”), to establish a dedicated MSA provider for its portfolio, Resolis Limited (“Resolis”) was established in early 2021.  Resolis’ objective is to provide management services on PFI/PPP assets where Dalmore has an equity participation via its various managed funds.

Dalmore Capital is an independent fund management company that provides institutional investors with access to long-term investment opportunities in, predominantly, UK-based PPP infrastructure assets. The firm manages over £5.0 billion of capital and its funds have invested in c.130 infrastructure assets through discretionary and co-investment vehicles.

An investment in a PPP asset is structured through a Special Purpose Vehicle (SPV), which is used to contract with all parties involved. Services provided include:

• Operational & contract management
• Accounting, company secretarial, financial modelling and tax
• Counterparty liaison & management
• Lifecycle management
• Insurances 

Role Overview

Resolis is looking to recruit an experienced Lifecycle Manager to oversee core and additional lifecycle management activities at Dudley Hospital. Reporting to the Associate Director (or Senior Lifecycle Manager) for Asset Services, the successful candidate will deliver technical support offered centrally to SPV management teams and Directors. 

Responsibilities

• Ensure lifecycle plans submitted by FM providers are credible and deliverable, assessing overall impact on the SPV risk profile and variance from the concession length financial model.
• Provide technical advice and guidance to SPV managers on lifecycle applications from FM providers, reviewing for cost effectiveness, contractual compliance, and technical effectiveness.
• Monitoring of lifecycle delivery (both planned and reactive) across operational projects.
• Support finance colleagues to prepare all required financial reports (including but not limited to production of annual budgets and other routine reporting requirements) related to lifecycle expenditure.
• Preparation of reports in line with contractual obligations, SPV Board requirements and good industry practice, including Lifecycle reviews and analysis, spend tracking, modelling, and re-basing.
• Undertake lifecycle cost analysis and modelling, to develop bespoke model solutions and detailed replacement strategies to meet the needs of the Project Company or client.
• Develop and promote portfolio-wide initiatives and direct procurement opportunities to enhance value for shareholders.
• Ensure all health and safety requirements (including CDM obligations) are considered in the planning and delivery of variation and lifecycle works.
• Deliver Additional Services on MSA projects as required to meet the needs of the project board. 
• Calculate lifecycle variations on behalf of the project board. 
• To promote and develop best practice within the business and to enhance the quality of service/business reputation. 
• Add value by proactively seeking opportunities which generate efficiencies for Resolis and Dalmore. 
• Other duties as may be reasonably requested by the Project Company Board of Directors, considering the nature of the role.

The above list of duties is not to be considered exhaustive and may be varied from time to time to enhance/develop the offering to the company’s client base. 

Qualifications & Experience

• Degree-level qualification (or qualified by extensive experience) in construction/FM background.
• Strong working knowledge of the management of PFI Projects in the operational phase.
• Strong technical background, including knowledge of CDM requirements.
• Knowledge and experience of H&S Regulations.
• Understanding of project finance in the PFI arena.
• Experience in dealing with project investors & lenders in PFI.
• Strong risk management credentials.

Personal Attributes 

• Strong interpersonal & communication skills (both oral and written).
• Ability to work under pressure in a time-sensitive environment.
• Self-motivated, capable of working without supervision and as part of a team.
• Commercially astute.
• Ability to prioritise/organise workload.
• Capable of building strong, professional client relationships.
• Able to analyse information quickly and efficiently, choose or recommend from a range of options.

Location 

• The role will be based at Dudley Hospital. Resolis offers hybrid working which allows for working from home up to 2 days per week. 

Compensation  

• Job Type: permanent, full-time
• Salary: competitive package
• Benefits: life assurance, pension plan, private medical insurance, others