Head of Lending Products Risk (P2387N)

Job summary

The Head of Lending Products Risk – Equity and Partnerships is a highly visible Senior Leadership position within the Risk Directorate with direct responsibility for 2nd Line oversight and assurance over all Equity and Partnerships Products managed by NHB.

Job description

This role carries significant accountability and encompasses the full product spectrum from the concept / inception / set up through to execution and portfolio management with significant focus on Financial and Non-Financial Risk.

The role will work closely with the other Heads of within the Lending Products Risk team and will be expected to support the Infrastructure and Real Estate lending teams where appropriate.

This role will provide senior support for developing policy and the risk management approach to Equity and Partnerships products, building on and enhancing existing frameworks or helping establish new ones i.e. NHB Policy framework.

Person specification

This role will have key interface between 1st and 2nd Line of defence, often providing technical advice from both a risk and commercial perspective. You will need to be a strong and proven influencer with good communication skills demonstrating the ability to translate and disseminate technical and often complex concepts into succinct messages and briefings suited to the wide-ranging audience. You will be able to manage difficult conversations, remaining firm on recommendations and achieving positive outcomes taking account of the need to balance Strategic objectives and Policy priorities with risk appetite.

You will need to be resilient and comfortable managing stakeholders at all levels, with the ability to negotiate and persuade, and your discussions will always be shaped by a good risk mgmt. and assurance principles. This role will work with internal stakeholders including Origination, Portfolio Management, Legal and Finance to help progress new Equity and Partnerships transactions and new products design/concept through the approval and implementation process.

This role will also include:

- reviewing, assessing and analysing 1st Line proposals ensuring papers articulate key risks and make clear recommendations escalating proposals and applications where required.

- overseeing each transaction post approval and execution by reviewing Portfolio MI including KPIs and KRIs and pipeline reports.

- exercising CRO Delegated Authority and retain oversight of Equity and Partnerships scheme transactions/credit proposals.

- inputting into a range of corporate projects across NHB including Change Management, People Strategy and Corporate Strategy as and when required.

- lead, line manage, develop and motivate a team via objective setting, performance management, professional development and cross team working opportunities.

- support/deputise for the Assistant Director Lending Products Risk and other Heads of Lending Products Risks as and when required.

You will be able to demonstrate that you can work with others as part of a team in a collaborative and inclusive way.

We are looking for someone who has:

- significant Risk experience gained in Financial Institution (a lending or investment institution).

- knowledge of risk measurement and management techniques with a focus on credit risk in Real Estate lending and /or a solid understanding of the capital markets, coupled with strong real estate knowledge (development and investment).

- knowledge of a wide range of equity products, different equity risk structures and equity portfolio management.

- understanding of investment structures and financing tools utilised within the capital raising spectrum.

- practical knowledge of a good corporate governance, risk identification, mitigation, and management practices.

- understanding of financing and delivery risks in a large scale residential and regeneration projects.

- knowledge of the institutional investment landscape.

- knowledge of the Government housing policy and the housing market.

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?

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.

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

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.

Contact point for applicants

Job contact :

• Name : Recruitment team
• Email : Recruitmentinfo@homesengland.gov.uk

Recruitment team

• Email : Recruitmentinfo@homesengland.gov.uk

Attachments

Lending Products Risk – Head Opens in new window (docx, 85kB)