At a Glance
- Tasks: Manage complex projects in housing finance and develop innovative restructuring strategies.
- Company: Join the National Housing Bank, a leader in affordable housing solutions.
- Benefits: Enjoy competitive salary, 33 days leave, and hybrid working options.
- Other info: Be part of a diverse team committed to inclusion and community improvement.
- Why this job: Make a real impact on communities by solving challenging financial issues.
- Qualifications: Degree or equivalent experience in banking, law, or property development required.
The predicted salary is between 56700 - 69300 £ per year.
Closing Date: 28th August 2026. Interviews will take place mid September. Successful candidates may be eligible for a market supplement payment in addition to their base salary. 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.
A bit about the role. 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. 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.
A bit about you. You'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 negotiate 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.
Who are we? National Housing Bank, a Homes England Company. 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. 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. Internal applicants: please note that if you are successful, the salary you are offered will be in accordance with our pay controls and pay policy. If you ever need a bit of extra help, we have a great employee assistance programme, 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. NHB 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.
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. 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.
Senior Manager – Complex Transaction Support in Birmingham employer: Homes England
Homes England is an exceptional employer, offering a dynamic work environment in Newcastle upon Tyne where innovation meets collaboration. With a strong commitment to hybrid working, competitive salaries, and comprehensive benefits, employees are empowered to grow professionally while contributing to meaningful AI initiatives that align with the agency's goals. The supportive culture fosters teamwork and encourages continuous learning, making it an ideal place for those looking to make a significant impact in the field of artificial intelligence.