Senior Investment Manager (x2 posts)

Contract details: Fixed term contract for 24 months. Interview date: Week commencing 16 February 2026.

The Housing and Land directorate is responsible for the Mayor’s plans to deliver new and improved homes and strong communities. Working closely with boroughs and partners, we manage the Mayor’s housing investment programmes and land and property assets to support the building of affordable homes, job creation and regeneration.

The Investment Team is responsible for contracting and managing a portfolio of investments that support the delivery of new housing in London. It has expertise across equity, debt and grant investment instruments and in how to best utilise funding to unlock and accelerate housing projects. The GLA is due to launch a new investment programme (the City Hall Developer Investment Fund) in Spring 2026, supported by at least £322m of government funding. The investment team will lead on developing the programme and deploying and managing funding under the programme. We are recruiting these additional posts to enable the GLA to successfully launch the programme, as well as continuing to manage existing projects and funding programmes.

As a Senior Investment Manager, you will be responsible for managing existing investments, and sourcing and transacting new opportunities to unlock housing in London. For new investments, you will lead the development, negotiation and agreement of funding agreements for grant, loans and equity that support land, infrastructure and real estate finance transactions. You will appraise project proposals, assess counterparties’ risk of default and review project viability, deliverability and risk. For existing investments, you will work closely with partners to monitor delivery and risk, and consider and provide advice on how to best manage risk and respond to variation requests. You will provide regular and accurate reporting on contracted projects, including forecast outputs, budgets and ongoing risks. You will commission and manage external professional consultants and legal advisors. Through your work, you will take opportunities to further the GLA’s equality, diversity and inclusion priorities.

Typical activities include:

• Attending a legal meeting to negotiate contractual terms for a loan agreement or a variation.
• Undertaking project due diligence to determine whether a new proposal meets programme requirements.
• Drafting a report recommending whether the GLA provides funding to a new investment opportunity or agrees a variation to existing terms.
• Meeting a partner to review project progress for a contracted investment.
• Providing advice to senior leaders about the risks and opportunities of a novel investment proposal.
• Giving advice to a colleague in another Housing & Land team about how a GLA funding programme could help to unlock housing delivery on their project.

There are five essential criteria for this role that we will assess as part of the assessment process. These include three technical requirements, and two behavioural competencies. The three technical requirements we’re looking for are:

• Substantial knowledge and track record in negotiating and managing complex agreements for the development and/or financing of residential property.
• Experience of undertaking complex financial and legal analysis related to the development of residential property and/or complex structures (including joint-ventures etc.).
• Experience of managing an investment programme and/or detailed project management experience.

The two behavioural competencies we will assess are:

• Problem solving– with a focus on analysing complex problems and finding creative, workable and timely solutions to them.
• Building and managing relationships– with a focus on working effectively with a range of partners to deliver shared goals.

If you would like to apply for the role you will need to submit the following:

• Personal statement with a maximum of 1500 words. Please ensure you address how you demonstrate the three technical requirements and two behavioural competencies outlined above in the advert.
• Please ensure your CV and Personal Statement have a maximum file size of 1.5MB each and upload your Personal Statement to the ‘CV and Cover Letters’ section of the form, ensuring you address the technical requirements and competencies in your Personal Statement. Word or PDF format preferred and do not include any photographs or images.
• Please ensure your CV and Personal Statement are saved with the job reference number as part of the naming convention (E.g., “CV – applicant name - 012345).

As part of GLA’s continuing commitment to be an inclusive and equal opportunity employer we will be removing personal identifiable information from CVs and Personal Statements that could cause discrimination.

If you wish to talk to someone about the role, the hiring manager Dan Maton would be happy to speak to you. Please contact them at Dan.Maton@london.gov.uk. We particularly welcome discussions on reasonable adjustments that would enable candidates to perform at their best during the assessment process or in post if they are appointed.

Once you have submitted an application, your details will be reviewed by a panel. If shortlisted, you’ll be invited to an interview/assessment. The interview/assessment date is expected to be during w/c 16 February 2026.

London's diversity is its biggest asset, and we strive to ensure our workforce reflects London’s diversity at all levels. We welcome applications from everyone regardless of age, gender, gender identity, gender expression, ethnicity, sexual orientation, faith or disability. We particularly encourage applications from Black, Asian and Minority ethnic candidates and disabled candidates who are currently underrepresented in our workforce. We are committed to being an inclusive employer and we are happy to consider flexible working arrangements. We would welcome applications from candidates who are seeking part time work as this role is open to job share.

Please note we are a Disability Confident Employer so for candidates who wish to be considered under the scheme and meet the essential criteria, they will automatically be invited to interview. Please note, should you require any adjustments through the process, we will accommodate as much as possible. Please contact the recruitment team for further information if required.

GLA staff are hybrid working up to 3 days a week in our offices and remotely depending on their role. In addition to a good salary package, you will be paid every four weeks, providing frequent salary payments. We also offer an attractive range of benefits including 30 days’ annual leave, interest free season ticket loan, interest free bicycle loan and a career average pension scheme.

Please note, all candidates will need to confirm that the information provided in this application form is true and correct. Should a candidate deliberately give false information, including the use of AI software, they understand that this would disqualify them from consideration. Successful candidates must undergo a criminal record (DBS) check but some roles may require additional security screening.

The GLA is proud to be a Level 2: Disability Confident employer. We are committed to becoming a more inclusive and accessible organisation, and creating a truly inclusive and accessible workplace and culture for our disabled staff. We have named Disability Equality as a key corporate priority within our EDI Strategy. We welcome and encourage applications from disabled applicants. Should you wish to opt into the scheme, please let us know during your application.