Senior Manager - Housing Guarantees Transactions
Job summary
Senior Manager - Housing Guarantees Transactions
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Vacancy close Date - 9th March
Interviews week commencing - 11th March
A bit about the role...
Working in a team with Martin Taylor, our Head of Housing Guarantees Transactions the Senior Manager – Housing Guarantees Transactions will play a critical role in ensuring that Homes England is an effective programme partner for MHCLG in the delivery of its Housing Guarantee Schemes. These schemes are operated by private sector delivery partners under licence from MHCLG. The delivery partner raises long term debt from institutional investors – usually via public bond issuances – on-lends this to developers of specialist Build to Rent and Affordable Housing and manages the loans over their term (which can be up to 30 years). Because government (via the secretary of state for MHCLG) guarantees that investors will get repaid on time, it is less risky for investors than lending directly to the developers.. Homes England manages the licences with the delivery partners on MHCLG’s behalf, and the Senior Manager – Housing Guarantee Transactions will be key to overseeing the deployment and portfolio management of the guarantee programmes, building relationships with the private sector partners, MHCLG and Homes England’s internal stakeholders. You will be joining our small and highly skilled team who are committed to the delivery of the Housing Guarantee Schemes.
Job description
Martin believes in providing a first-class service that balances the need to achieve MHCLG’s policy objectives with the need to ensure the guarantor’s risk is appropriately managed and monitored. The team takes an innovative and creative approach to achieving this balance, and values diversity in experience and perspective to foster good decision making and problem solving.
This is a rare chance to shape the future of guarantees scheme management in a fast growing, national organisation with real social purpose. Working with key stakeholders and a professional risk team you will ensure efficient, consistent and effective transaction and portfolio analysis, and have the opportunity to help create a sustainable platform for the long-term operation of the guarantees schemes.
Person specification
A bit about you…
You will be comfortable being involved in discussion about, and often guiding delivery partners through, any issues arising on new transactions and portfolio management. This will require you to use your lending expertise, your sector expertise, your understanding of how government relationships with private sector partners operate, an understanding of what risks MHCLG faces as guarantor and how to navigate government approval processes, often within a very tight timeframe.
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 as a team. You will enjoy working in an innovative, fun and engaging way and be able to negotiate and persuade. You will understand how to manage colleagues and be able to demonstrate you can work with others as part of a team in a collaborative, inclusive way.
Benefits
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.
Contact point for applicants
Name: Recruitment Team
Email: recruitmentinfo@homesengland.gov.uk
Experience in the provision of post contract management activities in a similar role in either the public or private sector (E)
Familiarity with delivery or operational management activities in a similar environment (E)
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
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 :
Recruitment team
Attachments
JD 4040 Senior Manager Housing Guarantees Transactions Opens in new window (docx, 289kB)Salary range
- £59,631 - £69,548 per year