Senior Manager - Equity and Partnerships
Homes England
About the job
Job summary
There are two exciting opportunities to be part of a highly skilled and experienced team, working with Fay Mitchelson (Assistant Director - Equity & Partnerships) on selective equity investments into housing led real estate delivery platforms including joint ventures, third party investment funds and partnerships. As a Senior Manager - Equity & Partnerships you will play a critical role in supporting the transaction pipeline, taking the new investment proposals through our stakeholder approval process and into operations. Including project management, due diligence, negotiating and contracting (into funds or SPVs with our partners sharing in appropriate risks and the rewards of the activity).Job description
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 Agency is at the forefront of the government’s housing 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, over £20 billion of capital is 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.
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 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.
Person specification
You will be an experienced finance or real estate professional with the ambition to work both strategically and 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 work with others in a collaborative and inclusive way. You will enjoy working in an innovative, fun and engaging manner and be able to negotiate and persuade.
Comfortable undertaking financial analysis, you’ll also be confident reviewing legal documents and proposals, negotiating terms, identifying key issues and presenting arguments in a clear and reasoned manner. 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, to work across the transaction pipeline of housing led delivery platforms including joint ventures, third party investment funds and partnerships equity investments. Or you will have a RICs qualification, with experience in appraising or transacting or advising on residential land and development transactions, either as an advisor or a principal, capable of understanding the underlying real estate value and the development process to work more specifically on our directly delivering joint ventures.
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.
Benefits
Homes England is an executive non-departmental public body with its own terms and conditions, benefits and pension scheme. We are a government agency working in partnership with the private sector and want to employ and retain great people. In return we offer a range of excellent benefits, some of the key benefits include:
Holiday - Homes England offers all staff 33 days annual leave per year in addition to 8 statutory bank holidays.
Working Flexibly - At Homes England we have a strong culture of flexible working and encourage all employees to have a healthy work/life balance. We offer a wide range of potential working patterns, including part time, job share and compressed hours.
Health and Wellbeing - We offer health screening with Nuffield Proactive Health Clinics, a free Employee Assistance Programme which offers confidential support 24 hours a day, 7 days a week as well as access to Occupational Health.
Professional Development - At Homes England we are committed to your continued professional and personal development with learning as one of our core values. We pay for one job-related professional membership subscription per year for our employees.
We also offer an excellent range of family friendly benefits, for example, maternity, paternity, shared parental leave.
Things you need to know
Selection process details
Things you need to know
How to apply?
To apply please follow the links to our careers page.
Security
Successful candidates must pass a disclosure and barring security check.
Selection process details
For more information on the role, please see the attached Job Description.
Successful applicants will be advised of the outcome of their application and interviews held as soon as practical after the closing date. Feedback will only be provided if you attend an interview or assessment. We would like to take this opportunity to thank you for your interest in this role and Homes England.
Please note – Homes England has a responsibility to ensure compliance with HMG Baseline Personnel Security Standard to address the potential problems of identity fraud, illegal working and deception generally. To ensure compliance we will carry out a pre-employment Personal Identity and Vetting Report through Experian to meet the standard and you will therefore be asked to provide certain information in order that the verification check can be carried out if you are successful in your application.
Homes England are an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates. We are proud to be an equal opportunities employer that values and respects the people who work for us. Our aim is to be an employer of choice, enabling everyone to reach their full potential.
Homes England is committed to protecting the privacy and security of your personal data. For further information please refer to our Privacy Notice which can be viewed here:
https://www.gov.uk/government/organisations/homes-england/about/personal-information-charter
Nationality requirements
Open to UK, Commonwealth and European Economic Area (EEA) and certain non EEA nationals. Further information on whether you are able to apply is available here.
Working for the Civil Service
Please note this Post is NOT regulated by the Civil Service Commission.
The Civil Service embraces diversity and promotes equality of opportunity. There is a guaranteed disability confident interview scheme for candidates with disabilities who meet the minimum selection criteria.
Further information
Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.
Contact point for applicants
Name: Recruitment Team
Email: recruitmentinfo@homesengland.gov.uk
Feedback will only be provided if you attend an interview or assessment.
Security
Successful candidates must undergo a criminal record check. People working with government assets must complete baseline personnel security standard (opens in new window) checks.
Nationality requirements
This job is broadly open to the following groups:
- UK nationals
- nationals of the Republic of Ireland
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
- nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
- individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
- Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Working for the Civil Service
The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.
We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window). The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.