Closing Date: 25/11/2026
First stage interviews will take place week commencing 30/11/2026
Second stage interviews will take place January 2027
Location: As we are headquartered in Leeds our preference is to appoint to this location and priority will be given to applicants based within commuting distance of the Leeds office.
Help build the National Housing Bank
The National Housing Bank (NHB) is a new government-backed financial institution, operating as a subsidiary of Homes England, established to unlock investment and accelerate housing delivery across England.
The role of the Guarantees team is to originate and structure guarantee transactions using the National Housing Bank's £5.5bn guarantee capacity to address market inefficiencies and barriers, unlock institutional funding and support government housing objectives.
About the Role
The Assistant Director will play a leading role in developing and executing government-backed guarantee products that mobilise private sector investment into housing and regeneration.
This role sits within the Guarantees team's New Products function and you will join a growing team of structured finance, credit and housing specialists. You will lead the development of new guarantee products, shape product strategy and help define the future direction of the NHB's guarantee offering.
This is a market-facing role requiring strong financial, commercial, transaction structuring and stakeholder management skills. The role combines product development with oversight of transaction execution, leading opportunities from early-stage design through structuring, approvals and implementation.
Success in the role will depend on building strong relationships across government, the housing sector and financial markets. The role holder will engage with investors, lenders, developers, advisers and delivery partners to originate opportunities, develop solutions and support the successful delivery of new guarantee products. You will also play a key role in shaping the future development of the NHB's guarantee offering and supporting the growth of a high-performing team.
About You
We are looking for a commercially minded finance professional with significant experience of complex financial transactions and a strong understanding of risk, structuring and investment decision-making. You will be able to think strategically about market opportunities, assess emerging challenges and develop innovative financial solutions that support housing delivery and wider policy objectives.
You will be comfortable leading complex transactions through structuring, negotiation, approvals and execution, while providing clear, evidence-based recommendations on commercial, financial and risk considerations. You will also have experience of developing new products, shaping strategic priorities and influencing senior stakeholders.
You will have strong analytical and financial modelling skills, with the ability to evaluate complex opportunities, challenge assumptions and communicate effectively with a wide range of internal and external stakeholders.
You will be proactive and comfortable managing multiple workstreams simultaneously, while building collaborative relationships across government and the private sector. You will enjoy developing others, building capability and fostering a high-performing team culture.
Most importantly, you'll be excited by the opportunity to help shape a new institution with a clear purpose and support housing delivery at scale.
Why Join?
Backed by £16bn of new financial capacity, the National Housing Bank will work with investors, lenders, developers, housing associations and government partners to crowd in more than £50bn of private investment and support the delivery of 500,000 additional homes across England.
This is a rare opportunity to work collaboratively across teams within the National Housing Bank.
Please find attached job description alongside additional information about the selection process, who we are and what we offer.
View all National Housing Bank opportunities here.
Assistant Director - Guarantees employer: Homes England
Homes England is an exceptional employer, offering a dynamic work culture that prioritises collaboration and innovation. With a strong focus on employee growth, you will have access to professional development opportunities while working in a pivotal role that directly impacts housing policy and governance. Located at the heart of government engagement, this position allows you to make meaningful contributions to the National Housing Bank and the wider community.
