Head of Equity, Joint Venture and Partnerships Portfolio Management

Head of Equity, Joint Venture and Partnerships Portfolio Management

Vacancy closing date - 05th January 

Interview dates week commencing the 12th January

A bit about the role...

This is an exciting time to join Homes England, the government’s housing delivery Agency. We have the resources, influence, and diverse expertise to drive positive market change through our significant investment activity. The government has put housing at the heart of its agenda and the Agency is at the forefront of that commitment with a mission to intervene in the market to ensure more homes are built in areas of greatest need to improve affordability. Homes England will make this sustainable by creating a more resilient and diverse housing market, with a focus on quality.

To help achieve this aim, government has committed over £20 billion of capital to be invested and managed through Homes England. This includes direct lending, equity investment, guarantees, land assembly and the biggest affordable home building programme in a generation.  The Agency is increasingly exploring unprecedented initiatives to open the market and regenerate places. 

This is a unique opportunity to join the Agency at a pivotal moment in housing delivery and to be part of the growth of the Agency's Product, Equity and Partnerships team. The Product Equity and Partnerships team undertakes the origination, execution and management of equity investments to shape the future of housing and regeneration in a national organisation with real social purpose. We recently contracted on three new investments with our partners in investment, regeneration and house building and have a strong pipeline to progress and the ambition to do more. We are growing the team at all levels and are looking for a number of skilled and passionate professionals to join us. 

You will play a critical role in supporting the team’s purpose of encouraging additional private capital and new delivery partners into all sectors of the housing market, and in support of wider Government housing delivery and regeneration ambitions.  We do this by making selective equity investments into delivery platforms including partnerships, joint ventures and third party investment funds.  These leverage wider investment and capability to achieve outcomes that are a significant multiple of the Agency’s participation.   

This Head of position is part of the senior team in Product Equity and Partnerships working with the Assistant Director of Equity and Partnerships Portfolio Management, Rina Begum.   The role will require the robust management and reporting of high-profile Equity transactions to enable the delivery of more homes using innovative funding structures with a diverse set of Investment Partners whilst unlocking further investment into the sector. The holder will contribute to setting and evolving the Agency’s strategy for equity and partnership transactions throughout its deal life.  They will lead the management of the team’s portfolio of equity deals, mobilising newly transacted investments into the equity portfolio and the management of the transaction through its contract life. Detailed commercial and financial understanding of complex equity structures such as joint ventures and co-investment schemes will be a key part of the role, with a strong understanding of risks relevant to the residential and real estate sector.  The role also requires the provision of effective stewardship and management of key relationships with Investment Partners all the way to C-Suite. The holder will be exposed to the most senior stakeholders at Homes England as well as Government departments.

A bit about you…

You will be an experienced finance or real estate professional with the ambition to work creatively to improve the affordability and accessibility of housing of all tenures across England.   

You will be resilient and comfortable managing stakeholders at a senior level and your discussions will always be shaped by a good understanding of the commercial and operational impact of what we do.  You will be able to demonstrate that you understand how to manage colleagues and demonstrate you can work with others in a collaborative and inclusive way. You will enjoy working in an innovative, fun and engaging way and be able to negotiate and persuade.

Comfortable undertaking financial analysis and leading on commercial issues, you’ll also be confident navigating difficult conversations and managing senior stakeholder expectations.  You will be able to demonstrate a solid understanding of the capital markets, coupled with strong real estate knowledge. You’ll have strong report writing skills and be confident in reviewing complex legal agreements. You will be proficient in Microsoft Excel and have solid understanding of Cashflow Models and key investor returns. You’ll show an enquiring mind and a willingness to think laterally and constructively challenge colleagues and partners. 

You will have a degree level qualification and or equivalent relevant accreditation / experience such as a professional qualification in surveying, accountancy, law or similar.  

Your career to date will demonstrate an understanding of some or all of: 

Real estate development and investment. 

Financing and delivery of large scale residential and regeneration projects.

The institutional investment landscape.

Government housing policy and the housing market. 

Investment structures and financing tools utilised within the capital raising spectrum

Good corporate governance, risk identification, mitigation and management. 

What we offer... 

In addition to a competitive salary, we offer 33 days annual leave and are totally committed to flexible working. Our career average pension scheme comes with a generous employer contribution, and we’ll pay for your membership of a relevant professional body.  Our colleagues also have access to exclusive discounts and offers with leading high street names. 

If you do ever need extra help we have an employee assistance programme and financial well-being support.  Our range of network groups are also there to support you to truly be yourself at work and play a key role in helping shape our future.

Who are we? 

We are the Government’s national housing agency. Our role is to accelerate the pace of house-building across the country, particularly in areas where there are the most serious affordability issues – meaning people are struggling to find homes. 

We encourage all applicants to apply as soon as possible as we may close vacancies early should we receive a high number of applications. We also encourage you to apply using the full application option as opposed to quick apply.  This is especially important if you would like to indicate to us that you would like to be considered under the disability confident scheme. 

If your application is shortlisted to interview we will require you to provide proof of your right to work in the UK at that stage.

Homes England is a geographically diverse community. We are hybrid working spending some of our time working from home and some based at our offices which are spread across England. The wellbeing of our colleagues remains one of our top priorities.