At a Glance
- Tasks: Support loan teams in executing real estate lending transactions and conduct due diligence.
- Company: Homes England, launching a new government-backed investment platform for housing.
- Benefits: Hybrid working, competitive pension, and the chance to shape national housing delivery.
- Other info: Collaborate with diverse teams and external stakeholders in a dynamic environment.
- Why this job: Join a groundbreaking initiative with £16bn capital to transform housing across England.
- Qualifications: Degree in Finance/Banking/Investment/Real Estate and significant Monitoring Surveyor experience.
The predicted salary is between 55000 - 65000 £ per year.
Homes England is launching the National Housing Bank, a new government-backed investment platform to accelerate housing delivery across England. With £16bn 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.
The role holder will be responsible for supporting the Loans teams to complete loan due diligence and follow internal processes in order to execute real estate lending transactions, leading in their area of expertise with a background as a Monitoring Surveyor or Quantity Surveyor. This role will focus on supporting all loan teams including Development Finance and Complex (structured real estate and infrastructure lending). There will be a requirement to interact with external stakeholders (customers, solicitors and monitoring surveyors) and internal stakeholders from numerous teams within the Investment Directorate. The role holder will bring their specialist skills to evaluate due diligence in line with Homes England risk policy.
Responsibilities
- Maintain and manage relationships with external (panel) Monitoring Surveyor firms to ensure performance is consistent throughout the business and the appropriate level of skill and care is being adapted to the right transactions.
- Assess Initial / Technical / Drawdown Reports produced by Monitoring / Quantity Surveyors.
- Advise the Transaction Execution team (and where relevant the Business Origination teams) on technical aspects of due diligence reports produced by panel appointed Monitoring Surveyors.
- Provide direct support to the team with instructing Monitoring Surveyor reports, ensuring relevant due diligence reports are prepared that reflect the risk approved terms and the structure of the transaction.
- Ensure that any other relevant reports (Environmental, Remediation, Archaeological, etc.) are adequately reviewed by the appointed external Monitoring Surveyor.
- Critically review the instructions given to any other relevant professionals (whether by Homes England or the borrower) in regard to their professional report to ensure that an appropriate scope was given relative to the risks and the structure of the underlying transaction.
- Critically review the Monitoring Surveyor report, Construction Report and any other related reports, liaise with internal colleagues and external professionals to raise relevant questions and have these reports amended where required to appropriately reflect the underlying transaction and to mitigate any highlighted areas of risk.
- Seek advice where needed in relation to the transaction and the relevant report, liaise with internal teams such as Credit Risk to seek approval of the underlying Initial Monitoring Surveyor Report.
Candidate Profile
- Degree level qualification and/or equivalent experience within the Finance/Banking/Investment/Real Estate field.
- Significant Monitoring Surveyor experience or RICS registered Quantity Surveyor.
- Strong understanding of residential property development and related property due diligence as well as the relevant risks of lending to residential developments (e.g., cost and planning risk).
- Significant experience of working in industry and/or a lending or equity environment.
- Excellent attention to detail, and ability to communicate effectively to internal stakeholders around relevant due diligence.
- Strong communication and negotiation skills.
- Right to Work in the United Kingdom is required.
Benefits
- Help build a new national investment institution.
- Work on complex housing and regeneration transactions.
- Deploy £16bn of government-backed capital.
- Hybrid 50/50 working across multiple national locations.
- Defined benefit pension and strong public-sector benefits.
Senior Manager - Monitoring Surveyor - Transaction Execution in Morley employer: Public Sector Resourcing
Homes England offers an exceptional opportunity for professionals looking to make a significant impact in the housing sector. With a hybrid working model and multiple office locations, employees benefit from a flexible work environment while contributing to the launch of the National Housing Bank, a pioneering initiative aimed at accelerating housing delivery across England. The company fosters a collaborative culture, providing robust public-sector benefits and opportunities for professional growth within a dynamic and supportive team.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager - Monitoring Surveyor - Transaction Execution in Morley
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work at Homes England or similar organisations. A friendly chat can open doors and give you insights that might just set you apart from the competition.
✨Tip Number 2
Prepare for interviews by diving deep into the role and the company. Understand their mission with the National Housing Bank and think about how your skills as a Monitoring Surveyor can contribute to their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it aligns with the responsibilities of the Senior Manager role. Highlight your expertise in due diligence and stakeholder management – these are key areas they’ll be looking for.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Homes England.
We think you need these skills to ace Senior Manager - Monitoring Surveyor - Transaction Execution in Morley
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Manager - Monitoring Surveyor role. Highlight your relevant experience in real estate lending and due diligence, and don’t forget to showcase your communication skills and attention to detail!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for Homes England and how your background as a Monitoring Surveyor or Quantity Surveyor aligns with our mission to accelerate housing delivery.
Showcase Your Stakeholder Management Skills:Since this role involves interacting with various stakeholders, make sure to highlight any experience you have in managing relationships with external professionals. We want to see how you can bring people together to achieve common goals!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets into the right hands. Plus, we love seeing candidates who take the initiative to connect with us directly.
How to prepare for a job interview at Public Sector Resourcing
✨Know Your Stuff
Make sure you brush up on your knowledge of monitoring surveying and real estate lending. Familiarise yourself with the specific responsibilities outlined in the job description, especially around due diligence and risk assessment. This will help you speak confidently about how your experience aligns with the role.
✨Showcase Your Experience
Prepare to discuss your previous roles in detail, particularly any relevant projects where you've managed relationships with external stakeholders or assessed technical reports. Use specific examples to illustrate your expertise and how it can benefit the team at Homes England.
✨Ask Smart Questions
Think of insightful questions to ask during the interview that demonstrate your understanding of the role and the organisation. For instance, inquire about the challenges they face in executing transactions or how they measure the success of their monitoring surveyors. This shows you're genuinely interested and engaged.
✨Communicate Clearly
Since strong communication skills are crucial for this role, practice articulating your thoughts clearly and concisely. Be prepared to explain complex concepts in a way that's easy to understand, as you'll need to liaise with various internal and external stakeholders.
