Homes England | National Housing Bank
£59,631 - £69,548 | Location: Hybrid 50/50 Our new Headquarters are in Leeds but colleagues can be based in our Leeds, Birmingham, Liverpool or Manchester office.
Homes England is launching the National Housing Bank, a new 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.
The role holder will be responsible for managing a portfolio of Equity transactions for Homes England. For a senior portfolio manager, these will be larger or more complex either by purpose, nature of client or deal structure.
Portfolio size will vary based on complexity with between 3 and 5 likely depending on the types of deals in the portfolio.
The post will report directly to a Head of Equity, JVs and Partnerships in Portfolio Management albeit on some occasions there may be peer reporting. Line management or coaching other staff may feature.
The role is to ensure that homes and funding are delivered as planned in line with the risk appetite and annual budget of the agency.
The candidate will need to provide strong stewardship, managing risks and Investment Partner relationships (including C-Suite) with Partnership documentation as the core relationship document. Regular monitoring, reporting and assurance are key features. Managing and maintaining the relationship with the client is a key factor.
The opportunity
Responsibilities include:
* Ensure delivery of housing outputs and Investment delivery/ recovery in line with the credit approval and forecasts of each transaction in line with the Investments Business Plan and the annual budget.
* Developing strong and positive relationships with Investment Partners and the professional community and advisers.
* Manage the risk profile and performance of the transactions within the risk appetite of the agency and in line with the Recovery Rate of the programme. Ensure all risk reporting of transactions is timely and of high quality.
* Identify deterioration in risk profile at an early stage, engage positively with customers to address and ensure this is managed professionally and in line with guidance, working with Risk and Distressed Investments.
* Maintain and report on relevant data metrics including key commercial/ financial metrics such as NPVs, IRRs, Dividend Yields), for asset performance including portfolio composition and stewardship activity and provide strong quality assurance and reporting as required.
* Critical assessment of business plans and financial models providing suitable challenge to meet investment objectives and return criteria
* Engaging with senior management at Board and Governance Committee level
Candidate profile
* Degree level qualification or equivalent experience of industry professional e.g. Banker, Accountant, Corporate Finance, or similar.
* Good experience and understanding of risk and client management of a portfolio of equity investments or loans in the real estate sector.
* Experience of working with underperforming transactions.
* Ability to review and interrogate financial models, with understanding of core investor metrics including return on investments, discounted cashflows, IRRs, income/ dividend yields, and funding structures.
* Strong organisational skills and ability to prioritise own workload.
* Excellent communication skills both verbal and written.
Why join?
* Help build a new national investment institution
* Work on complex housing and regeneration transactions
* Deploy £16bn of government-backed capital
* Hybrid 50/50 working across multiple national locations
* Defined benefit pension and strong public-sector benefits
Contact point for applicants
Name : Ciara Lynn
Email :
Recruitment team
Email :
Closing date: 8th June 2026
Right to Work in the UK is required
Salary description
£59631.00 - £69548.00 per year