Senior Manager - Complex Transaction Support

Job summary

As Senior Manager – Complex Transaction Support (CTS), you'll be responsible for managing a portfolio of the most challenging projects in NHB’s loan and equity portfolios, where the risk profile has deteriorated, signs of distress are evident and specialist expert attention is required to deliver a solution. Projects are transferred from mainstream Portfolio Management to CTS at the point significant deteriorating risk is identified and intensive management becomes necessary.

Job description

The Senior Manager - CTS will identify critical emerging risk factors, understand and solve complex issues (which differ for every project) and develop and implement a restructuring strategy that enables homes to be delivered and investment (debt and/or equity) recovery optimised. The strategy will inform impairment assessment (predicted loss) with a consequential direct impact on the Agency’s financial reporting.

The role holder will act as a technical expert assisting and advising mainstream Investment Portfolio Managers, colleagues in other parts of NHB and Homes England (including the Land Development Team) and the Executive on investments or transactions exhibiting signs of potential or actual distress.

Person specification

ou'll have a degree level qualification or equivalent experience as a related industry professional e.g., Banker, Accountant, Surveyor, Lawyer or similar. You'll have a good understanding of residential property development, planning (including s106, CIL), valuation and project monitoring.

Able to demonstrate the necessary experience and understanding of risk and client management of a portfolio of real estate loans or equity investments, including working with and restructuring (where necessary) underperforming transactions.

Confident working with legal documentation associated with real estate finance including loan agreements, inter-creditor agreements, security documents; both reviewing existing legal documents and restructuring related amendments.

You will have excellent organisational skills and ability to prioritise own workload. Working with Senior Stakeholders you'll also have strong communication skills, both verbal and written, with the ability to negotiation and persuade under pressure.

You'll have a good understanding of insolvency law, insolvency planning and insolvency appointments and ability to assess the risks if an enforcement strategy is considered.

The ability to analyse financial information and interrogate financial forecasts (profit and loss, balance sheet, cash flow) is vital to this role. You'll be experienced in drafting scopes of work and appointing external advisers for independent business, legal and property reviews. This requires a detailed understanding of complex risk assessments including, but not limited to, cash flow, profit and loss and balance sheet analysis, supply chain, site delivery and project management, corporate structures and security reviews.

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