Assistant Director - Development Finance

Homes England | National Housing Bank

£85,862-£114,417 | Location: Hybrid 50/50 | Leeds only

As we are headquartered in Leeds our preference is to appoint to this location and priority will be given to applicants based within commuting distance of the Leeds office.

---

Homes England has launched the National Housing Bank, a government-backed investment platform to accelerate housing delivery across England.

With £16bn in capital, it will unlock private investment, support regeneration and accelerate housing delivery across the UK. Joining now offers a rare opportunity to shape a major new national investment platform from the ground up.

This is a rare chance to shape the future in a fast-growing, national organisation with real social purpose. Working with key stakeholders and leading a professional team of 40 colleagues, you will be a confident leader with a focus on delivery and able to efficiently, consistently and effectively resolve challenges which arise.

The role will support the deployment of £1.5bn of new SME lending over the next 5 years supporting a very important cohort of smaller builders which typically complete projects of 5-50 homes across England. This is an excellent opportunity to balance day-to-day delivery whilst bringing innovative solutions to the SME builder community.

The Opportunity

Responsibilities include:

• Lead a geographically diverse team, maintaining recruitment plans, setting objectives, coaching, supporting, and performance managing.
• Participate in leadership activities and attend various committees, including Programme Boards and Risk Fora.
• Effectively manage and distribute the Programmes development finance element of the relevant fund.
• Develop, drive, and manage marketing plans to increase market awareness and penetration.
• Act as the first line of defence in managing operational, delivery, and credit risk across the team.
• Liaise with the relevant stakeholders to fully understand the risks and material issues in respect of the relevant fund/scheme.
• Oversee negotiations of development finance deal structures, including pricing according to organisational guidelines and assessing borrowers’ credit quality.
• Support and present larger proposals to Risk Committees, Board and wider government bodies.
• Develop and adapt investment strategy to meet market appetite and Government requirements, leveraging excellent knowledge of current market dynamics and development funding.
• Ensure investment processes and implementation remain fit for purpose, reviewing policies and procedures, and generating recommendations for change.