Development Manager

Company Description

Do you share our passion for creating a safe, secure, and affordable place for everyone to call home? That’s exactly what we’re working towards at Affordable Homes. With a fast-growing pipeline, we collaborate with well-known developers, housing associations and public sector bodies across the country to drive new investment into the affordable housing sector.

As part of the wider Legal & General Group, our heritage goes back over 180 years, with a solid reputation as one of the leading financial services groups. We are pioneering institutional investment into the housing sector, whilst providing excellent service and quality homes.

Focusing primarily on the Shared Ownership and affordable rent markets, we strive to be the UK’s leading private affordable housing provider, known for excellent service and quality homes.

Job Description

We’re recruiting a new position for a Development Manager where you will be supporting the Head of Development to source, appraise, scrutinise and contract s106, package deals, land led and joint ventures. You will manage a pipeline across local authority areas under the direction of the Head of Development.

What you’ll be doing:

1. Reporting to the Head of Development and working with Finance and Operations team, support the full and successful delivery of s106, package deals, land led opportunities and JV Partnerships.
2. Undertake business development activities in relation to the new business opportunities within the designated area targeting, overseeing the pricing and negotiation of schemes, and executing affordable housing forward funding and direct acquisitions from house builders and developers.
3. Prospecting opportunities, appraising the schemes jointly with Finance and Operations teams, and then appraising and testing schemes in accordance with the approved investment parameters and the scrutiny processes and reporting to the Head of Development, review and ensure that scheme appraisals are 100% accurate.
4. Managing all negotiations in a transparent, trustworthy and honest manner and to ensure the reputation of the company is safeguarded at all times and ensure that projects are contracted in accordance with the approvals and in accordance with the adopted policies and procedures.
5. Be responsible for the effective contracting and work with the project management team to ensure the successful project management of schemes to ensure they are delivered in accordance with the programmes and to a high quality of finish and a high level of customer satisfaction.

Qualifications

Who we’re looking for:

1. Sourcing and contracting residential affordable housing investments and/or developments
2. Maintaining trustworthy relationships with developers and house builders that are current and potential future partners and clients
3. Delivering good returns and effective project management and risk management
4. Substantial local knowledge of both the social housing and wider residential sectors, in particular an expert understanding of social housing development, housing management and regulatory requirements
5. Knowledge of developing new business relationships
6. Acting efficiently and productively within defined decision making processes
7. A self-driven entrepreneurial spirit that embraces change and opportunity

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

1. The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
2. Generous pension contribution
3. Life assurance
4. Private medical insurance (permanent employees only)
5. At least 25 days holiday, plus public holidays
6. Competitive family leave
7. Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
8. There are the many discounts we offer – both for our own products and at a range of high street stores and online
9. In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

Additional Information

Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you’re open to find out more, we’d love to hear from you.

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