Senior Manager - Equity Portfolio Management in Birmingham

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. This is an exciting time to join Homes England, the government’s housing delivery Agency as it transitions into the National Housing Bank (NHB). Launched in April 2026, the NHB is a subsidiary of Homes England with the existing Homes England Investments team working on behalf of the Bank. It is publicly owned and backed with £16bn of financial capacity, on top of £6bn of existing finance allocated to this Parliament, to accelerate housebuilding and leverage in £53bn of additional private investment, creating jobs and delivering over 500,000 new homes.

With long-term, flexible capital, the NHB acts as a consistent partner to the private sector, bringing the stability and certainty that housing developers and investors need to make delivery happen. It also supports SMEs with new lending products and enables developers to unlock large, complex sites through infrastructure finance. We have the resources, influence, and diverse expertise to drive positive market change through our significant investment activity. The government has put housing at the heart of its agenda and the Agency and the NHB are at the front-line of that commitment with a mission to intervene in the market to ensure more homes are built in areas of greatest need to improve affordability.

This is a unique opportunity to join the Agency / NHB at a pivotal moment in housing delivery and to be part of the growth of the Agency and the NHB's Product, Equity and Partnerships team. The Product Equity and Partnerships team undertakes the origination, execution and management of equity investments to shape the future of housing and regeneration in a national organisation with real social purpose. We recently contracted on several new investments with our partners in investment, regeneration and house building and have a strong pipeline with the ambition to do more.

About the role... Working in a team, the Senior Portfolio Manager will play a critical role in managing and supporting a portfolio of equity and joint venture investments - all ranging in size, nature and counterparty, but all with a focus on housing delivery and placemaking (and in many instances both). You will be joining our small but talented and experienced team, who are committed to making positive change in how we manage our high profile and complex equity investments and lending alliances and accelerate housing delivery. We work collaboratively to foster good decision making and problem solving in the team.

The role will require the robust support of management of high‑profile Equity transactions to enable the delivery of more homes using innovative funding structures with a diverse set of Investment Partners whilst unlocking further investment into the sector. Detailed commercial analytics and financial modelling will be a key part of the role, with a good understanding of risk management to enable the achievement of investment objectives, housing targets and milestones and to enable recovery of our investment through a successful exit strategy. Good understanding of the Shareholder / Partnership agreements will be critical to the role.

The role also requires the provision of effective stewardship and management of key relationships with Investment Partners all the way to C‑Suite. The role will give you exposure to some of the most senior people at Homes England and the NHB as well as Government departments through the periodic committees and forums in which the portfolio reporting is presented. There are some exciting transactions to get involved with and this is an excellent opportunity to balance day to day delivery whilst bringing innovative solutions to the Equity and Joint Ventures offering. The role is a fixed term contract for 12 months on a part‑time basis (40% full time equivalent translating to 2 days a week).

About you… You will be an experienced finance or real estate professional with the ambition to work creatively to improve the affordability and accessibility of housing of all tenures across England. Whilst our day job is to deliver first class customer service to our stakeholders on a timely basis, you will be used to "spinning several plates" at once and will always be looking for ways to improve and innovate. As a professional, ideally from the real estate, banking or corporate finance sectors, you will support the Equity and Partnerships Portfolio Management team with complex commercial issues and liquidity management which requires to demonstrate an understanding the different financing solutions and key risks in the residential sector.

You will have strong experience in real estate and residential delivery with strong report writing skills and be confident in navigating complex legal agreements (including but not limited to the shareholder agreement). You will be proficient in Microsoft Excel and have a good understanding of Financial Models and cashflows and key investor metrics such as ROI/IRR/NPV/Income Yields. You will have excellent communication skills both verbally and in writing, and be comfortable presenting in forums. You will have a degree level qualification and or equivalent relevant accreditation / experience such as a professional qualification in surveying, accountancy, law or similar.

You will 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 understanding of the commercial and operational impact of what we do as an Equity and Partnerships Portfolio Management team. You will understand how to manage colleagues and be able to demonstrate that you can work with others as part of a team in a collaborative, inclusive way.

About the National Housing Bank Homes England is strengthening UK Government’s ambitions for housing and regeneration through the introduction of the National Housing Bank (NHB). The NHB is a new financial organisation designed to unlock investment at scale and accelerate the delivery of more homes, stronger places and thriving communities across the country. Backed with £16bn in new financial capacity, alongside £6bn already committed this Parliament, the NHB represents one of the most significant new interventions in the housing sector in a generation.

The NHB, operating as a subsidiary of Homes England, exists to unlock investment at scale and connect capital with capability. We use our financial capacity and deep local relationships to drive regeneration, enable innovation and create the conditions for sustainable growth. By pairing government‑backed finance with solutions that the market needs, we help partners bring forward the homes, infrastructure and long‑term development that transform places and support people to live well.

Purpose‑driven and built for impact, the NHB provides its partners the confidence and financial firepower to innovate and unlock complex sites, scale up investment and deliver at pace. Offering custom‑built finance, strong partnerships and a commitment to shaping better futures, the NHB enables investment that would not otherwise happen- accelerating growth and creating the conditions for communities to flourish.

Joining the National Housing Bank offers a rare and exciting opportunity to help shape this new national organisation from the ground up; influencing how we operate, how we partner, and how we deliver impact across the country.

Who are we? Homes England: The Housing and Regeneration Agency 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.

How? 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. Membership of the Homes and Communities Agency Pension Scheme, which is a contributory defined benefit scheme with the amount you receive on retirement based on your salary and years worked at the Agency. Internal applicants: please note that if you are successful, the salary you are offered will be in accordance with our pay policy. You can find details on the HR Hub SharePoint site.

If you ever need a bit of extra help, we have a great employee assistance programme, a wide range of healthcare plans, 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. Homes England 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.

For more information about our EDI strategy please see our Homes England equality, diversity and inclusion reports - GOV.UK 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. Please see our candidate guidance for more information on appropriate and inappropriate use.