Executive Director - Equity

Homes England

Hybrid

Expires: Expiring in less than 3 weeks

Finance

Flexible

Job summary

This is a unique opportunity to lead and significantly scale NHB’s equity investment activity, shaping how long-term capital is deployed to unlock housing delivery and market participation across the country.

This role sits at the core of NHB’s investment offer. As Executive Director – Equity, the postholder will lead the design, delivery and oversight of NHB’s equity investment strategy, managing a portfolio expected to grow from over £600m to around £4bn. The role will ensure equity investments are deployed effectively to support housing and wider place making delivery, while delivering strong risk adjusted returns and long-term value.

Job description

Reporting to the Chief Executive Officer, NHB, the Executive Director will lead an ambitious and highly skilled Equity investment function, with responsibility for origination, structuring, execution, portfolio management and exits across a diverse range of equity and joint venture structures. This includes oversight of NHB’s most strategically significant partnerships and operating platforms.

The role will work closely with senior leaders across the CIO, Debt, Guarantees, Investment Operations and Homes England regional teams to ensure an integrated, whole-portfolio approach to capital deployment that maximises housing delivery, market impact and financial sustainability.

This will involve providing early strategic input on investment propositions, shaping equity structures and partnerships, advising on risk appetite and return expectations, and ensuring equity is used strategically to unlock delivery and crowd in private capital.

Operating nationally, the postholder will play a critical role in investment committee governance, ministerial engagement and cross-government reporting. The role also requires strong market presence, acting as a visible and credible leader with developers, investors, operating partners and advisers.

As a role model for NHB’s culture and ways of working the postholder will provide leadership to a multidisciplinary team, embedding commercial excellence, strong credit discipline and deep market engagement.

Person specification

The Executive Director – Equity, requires a senior leader with deep real estate and equity investment expertise, strong strategic judgement and the ability to operate with credibility at the highest levels across Government and financial markets.

We are seeking a leader with a strong background in real estate equity, joint ventures and platform investing, and a proven ability to originate and manage complex investment portfolios. The successful candidate will bring the following experience and attributes:

Significant equity investment experience.
Strategic vision and delivery.
Relationship management.
Leadership and collaboration.
Adaptability and resilience.

About the National Housing Bank

Homes England is strengthening UK Government’s ambitions for housing and regeneration through the introduction of the National Housing Bank (NHB). The NHB is a new financial organisation designed to unlock investment at scale and accelerate the delivery of more homes, stronger places and thriving communities across the country. Backed with £16bn in new financial capacity, alongside £6bn already committed this Parliament, the NHB represents one of the most significant new interventions in the housing sector in a generation.

The NHB, operating as a subsidiary of Homes England, exists to unlock investment at scale and connect capital with capability. We use our financial capacity and deep local relationships to drive regeneration, enable innovation and create the conditions for sustainable growth. By pairing government-backed finance with solutions that the market needs, we help partners bring forward the homes, infrastructure and long-term development that transform places and support people to live well.

Purpose-driven and built for impact, the NHB provides its partners the confidence and financial firepower to innovate and unlock complex sites, scale up investment and deliver at pace. Offering custom-built finance, strong partnerships and a commitment to shaping better futures, the NHB enables investment that would not otherwise happen- accelerating growth and creating the conditions for communities to flourish.

Joining the National Housing Bank offers a rare and exciting opportunity to help shape this new national organisation from the ground up; influencing how we operate, how we partner, and how we deliver impact across the country.

Who are we?

Homes England: The Housing and Regeneration Agency

We believe that affordable, quality homes in well-designed places are key to improving people’s lives. As the government’s housing and regeneration agency, we create thriving new places and transform urban areas, combining the full breadth of our powers, expertise, land, capital and influence to bring investment to communities and get more homes built.

How? We form long-term partnerships that bridge the gap between the public and private sector to meet local needs and aspirations. We use our influence to champion the creation of sustainable homes, communities and places that are brilliantly designed for the people that live there now, and in the future. And we use our funding and support to build a more resilient, diverse and innovative housing sector, helping new entrants in the market, encouraging modern methods of construction and design, and promoting the utmost attention to building safety.

Together with our partners, we’re accelerating the pace of house building, remediation and regeneration across the country, as we seek to deliver ever more affordable homes in places people are proud to call home for generations to come.

What we offer.

As well as a competitive salary and 33 days annual leave, we are committed to 50/50 hybrid working. We’ll support you, wherever possible, so that you don’t miss out on what matters to you.

Membership of the Homes and Communities Agency Pension Scheme, which is a contributory defined benefit scheme with the amount you receive on retirement based on your salary and years worked at the Agency.

Internal applicants: please note that if you are successful, the salary you are offered will be in accordance with our pay policy. You can find details on the HR Hub SharePoint site.

If you ever need a bit of extra help, we have a great employee assistance programme, a wide range of healthcare plans, financial wellbeing support and access to many great discounts with leading high street names.

Our range of network groups are also there to support you to be yourself at work and play a key role in helping shape our future.

If you are a member of a professional body, we’ll pay for your membership and once you get your digital kit, you’ll be good to go.

Homes England are a geographically diverse community. We work to a 50/50 office/ home based model. Moving back into our office environments has enabled us to utilise our space and time together in the most collaborative way.

We would 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.

We’re a diverse team of more than 1,000 professionals spanning 17 professions, helping Homes England to be effective, efficient and deliver for communities.

Our people remain at the heart of everything we do, and we’re committed to building an Agency that not only reflects the diverse communities we serve, but also champions inclusion in how we shape homes and places across the country. For more information about our EDI strategy please see our Equality, Diversity and Inclusion Report 2024 to 2025 — Second Edition - GOV.UK

You will be required to have the Right to Work in the UK and Homes England do not offer visa sponsorship. If your application is shortlisted to interview we will require you to provide proof of your Right to Work in the UK at this stage.

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

Artificial intelligence

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.

Selection process details

How to apply?

All applications must be submitted by email to NHB@kornferry.com stating in the subject heading which role you are applying for by no later than 23:55pm on 10 April 2026.

The application should include:

A CV setting out your career history, with key responsibilities and achievements. Please ensure you have provided reasons for any gaps within the last two years.
A Statement of Suitability (no longer than two sides) explaining how you consider your personal skills, qualities and experience provide evidence of your suitability for the role, with particular reference to the criteria in the person specification.
A completed Diversity Information and Conflicts of Interest Form. This will be sent to all applicants by Korn Ferry.

Security

Successful candidates must pass a disclosure and barring security check.

Selection process details

For more information on the role, please see the attached candidate pack.

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.

Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check.Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check (opens in a new window).

See our vetting charter (opens in a new window).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

Further information on nationality requirements (opens in a new window)

Working for the Civil Service

Please note this Post is NOT regulated by the Civil Service Commission.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.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see theCivil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).

Apply and further information

The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.