Senior Manager - Equity and Partnerships

Senior Manager - Equity & Partnerships

Closing Date 7th February 2025

Interviews week commencing 10th February 2025

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 role of the Product, Equity and Partnerships team is to attract new and additional capital and partners to the housing sector and create platforms that are a conduit for capital to deliver high quality homes in well-designed places. This team has the appetite and resources to shape the future of housing investment in a fast growing, national organisation with real social purpose.

We do this by making selective equity investments into housing led delivery platforms including joint ventures, third party investment funds and partnerships. These leverage wider investment to achieve outcomes that are a significant multiple of the Agency’s participation.

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 and execution 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.

The holder of this role will help us to build and manage the team’s transaction pipeline, take new investment proposals through our approval process, structure new partnerships, undertake due diligence, negotiate and contract on new equity investments.

You will be joining an increasingly significant part of the Agency's offer to attract new and additional partners and capital to deliver high quality and sustainable homes in well designed places. There are a wide range of exciting and ambitious projects to get involved with and this is an excellent opportunity to help Homes England deliver its mission.

A bit about you…

As an experienced finance or real estate professional you'll be comfortable considering and analysing the complex financial and commercial considerations that arise in the partnership and fund transactions we undertake. This will require an ambition to work creatively and a willingness to think laterally and constructively challenge partners, colleagues and stakeholders. You will be experienced in undertaking financial analysis, identifying key commercial and policy considerations, negotiating terms and presenting arguments in a clear and reasoned manner. You will be comfortable reviewing financial and legal documents and proposals and working with internal and external advisory teams.

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 that 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.

Whilst our day job is to design and deliver new equity investments, you will be used to managing competing priorities and will always be looking for ways to improve and innovate.

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 experience and understanding of:

1. Real estate development and investment.
2. Creating new vehicles and joint ventures.
3. Investment structures and financing tools utilised within the capital raising spectrum.
4. Government housing policy and the housing market.
5. Good corporate governance, risk identification, mitigation and management.

You may also be able to demonstrate an understanding of some or all of:

1. Financing and delivery of large scale residential and regeneration projects.
2. The institutional investment landscape.

What we offer...

In addition to a competitive salary, we offer 33 days annual leave and are committed to 50/50 hybrid 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.