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- Tasks: Lead the design and implementation of capital governance for a new national investment platform.
- Company: Homes England – National Housing Bank, a government-backed financial institution.
- Benefits: Competitive salary, 33 days annual leave, hybrid working, and wellbeing support.
- Why this job: Shape the future of housing investment and make a real impact on communities.
- Qualifications: Senior experience in fund management, strong leadership, and excellent communication skills.
- Other info: Unique chance to build a critical function within a national institution.
The predicted salary is between 60000 - 75000 ÂŁ per year.
Homes England is launching the National Housing Bank, a new government-backed investment platform to accelerate housing delivery across England. The National Housing Bank is a new government-backed financial institution within Homes England. With ÂŁ16bn in capital, it will unlock private investment, support regeneration and accelerate housing delivery across the UK. Joining now offers a rare opportunity to shape a major new national investment platform from the ground up.
As Assistant Director – Fund Management, you will play a central leadership role in how the Bank governs, allocates and optimises its capital, ensuring billions of pounds are deployed strategically, efficiently and with maximum impact.
Responsibilities include:
- Lead the design and implementation of NHB’s capital governance, allocation methodology and portfolio optimisation.
- Oversee Virtual Economic Capital usage, limits, monitoring and reporting to Executive and Board.
- Drive portfolio‑wide analysis, including stress testing, scenario modelling and forward‑looking capital planning.
- Produce high‑quality, decision‑focused reporting that informs strategy, risk appetite and capital deployment.
- Build scalable fund‑management operating frameworks, controls and processes.
- Provide senior leadership to the growing team, including future line management of the Head of Fund Management.
- Collaborate closely with Loans, Equity, Guarantees, Finance, Risk (incl. Quant Modelling), Operations and Regional teams.
- Represent Fund Management in cross‑NHB governance forums and champion continuous improvement.
This is a rare chance to build a critical function from scratch within a national institution.
Candidate profile
You bring:
- Significant senior experience in fund management, banking, investment or treasury functions.
- Strong understanding of capital frameworks (Basel III/CRR), stress testing and capital forecasting.
- Advanced financial modelling and portfolio reporting capability.
- Proven ability to design, implement and optimise investment‑management processes and controls.
- Strong leadership and experience developing senior specialists and high‑performing teams.
- Excellent communication, influencing and negotiation skills, including engagement at Executive and Board level.
- A strategic mindset with the ability to build structure and clarity in a fast‑moving, ambiguous environment.
Desirable backgrounds include:
- Regulated investment environments, portfolio risk, capital management, structured finance, or public‑sector financial institutions.
Shape a national institution at a defining moment in its creation and growth. High‑impact work – directly influence how billions in government capital are deployed. Competitive salary & benefits – including 33 days’ annual leave, hybrid working and wellbeing support. Career growth – lead a critical function in a collaborative, mission‑driven organisation. This is a unique opportunity to shape the future of housing investment and deliver long‑term impact for communities across England.
Contact point for applicants
Recruitment team
Email: psrpermapplications@weareams.com
Assistant Director - Fund Management in Birmingham employer: Public Sector Resourcing
Contact Detail:
Public Sector Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Director - Fund Management in Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to Homes England or fund management. A friendly chat can open doors and give you insights that might just set you apart.
✨Tip Number 2
Prepare for interviews by diving deep into the role and the organisation. Understand their mission and how your skills can help shape the National Housing Bank. Tailor your examples to show how you can lead and optimise capital effectively.
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you've developed high-performing teams and implemented successful investment processes. This is key for the Assistant Director role, so make it shine!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Assistant Director - Fund Management in Birmingham
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your relevant experience in fund management and capital frameworks. We want to see how your skills align with the role, so don’t hold back on showcasing your achievements!
Showcase Your Leadership Skills: As an Assistant Director, leadership is key! Use your application to demonstrate your experience in developing high-performing teams and your ability to influence at senior levels. We love seeing examples of how you've led projects or initiatives.
Be Clear and Concise: When writing your application, clarity is crucial. Use straightforward language and get straight to the point. We appreciate well-structured applications that make it easy for us to see your qualifications and fit for the role.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at Public Sector Resourcing
✨Know Your Capital Frameworks
Make sure you brush up on your knowledge of capital frameworks like Basel III and CRR. Being able to discuss these in detail will show that you understand the financial landscape and can navigate it effectively.
✨Showcase Your Leadership Skills
Prepare examples of how you've led teams in the past, especially in high-pressure situations. Highlight your experience in developing senior specialists and creating high-performing teams, as this role requires strong leadership.
✨Master Financial Modelling
Be ready to discuss your advanced financial modelling skills. Bring examples of past projects where you've used these skills for portfolio reporting or stress testing, as this will demonstrate your capability in handling complex financial scenarios.
✨Communicate with Confidence
Practice articulating your thoughts clearly and confidently, especially when discussing strategic decisions. This role involves engaging with Executives and Board members, so being persuasive and clear is key to making a great impression.