This is a unique opportunity to join the NHB at a pivotal moment in housing delivery and to be part of the growth of the Agency's Loans Portfolio Management team, shaping the future of housing and regeneration in a national organisation with real social purpose. The Portfolio Management team is responsible for managing a wide range of debt finance loan investments, ensuring the successful delivery of homes and infrastructure, timely deployment and repayment of funds, and proactive management of emerging risks.

Working within the Structured Real Estate and Infrastructure Finance Portfolio Management team led by David Scurr, you will work collaboratively with a Senior Portfolio Manager supporting the management of a portfolio of debt transactions and partner relationships, as part of a small but highly experienced team committed to delivering meaningful outcomes and supporting housing delivery at scale. Typical loan ticket sizes exceed £25m.

This is an opportunity to further develop strong technical skills and experience, supporting the management of a portfolio of complex debt instruments across a variety of sub-sectors with excellent opportunities for further career development for successful candidates. Working closely with a Senior Portfolio Manager, you will develop accountability for portfolio performance, risk management, governance and delivery across a number of key debt areas:

Revolving Credit Facility: Providing support in conjunction with commercial lenders to target multi-site facilities and complementary land loans. This will directly support housing delivery and enable SME developers to grow. We will support commercial lenders through our risk appetite and provision of core debt to support the revolving capacity of these loans.

Senior and Mezzanine Debt: This is an offering to mid-size developers that are seeking funding at a project level, with a particular focus on Build to Rent, later living, and partners taking forward brownfield regeneration. This product leverages external capital or provide senior funding to bring forward projects.

Corporate Balance Sheet: Balance sheet lending both directly and alongside commercial lenders to support housebuilders to grow and support the acceleration of housing delivery. This includes lending to master developers and businesses specialising in Modern Methods of Construction.

Infrastructure Lending: Provision of long-term Loans (up to 15 years) to large housebuilders and master developers to meet upfront infrastructure needs ranging from roads to placemaking. We have the capability to lend into single and multi-site opportunities and undertake balance sheet lending for larger operators.

Working in collaboration with a Senior Portfolio Manager you will engage with lending counterparties and internal stakeholders across Risk, Legal, Finance and Origination, supporting:

• Effective portfolio performance and high-quality stewardship of public funds

• Robust risk management, including early identification and mitigation of issues

• Timely and well-evidenced credit submissions, approvals, and legal processes in line with delegated authority

• Compliance with transaction agreements and governance requirements.

Portfolio Management is delivery-focused and customer-centric. We take a pragmatic and innovative approach to complex challenges, balancing commercial outcomes with public accountability. We work collaboratively and flexibly, valuing diversity of experience and perspective to support strong decision-making.

About You

Whilst our day job is to manage a portfolio of complex debt instruments and to deliver first class customer service to our borrowers, you will be used to looking for ways to improve and innovate.

You'll be highly motivated, well organised, task focused with good analytical skills, with developing experience in managing and varying complex debt structuring solutions, underpinned by commercial lending, investment and risk management skills and experience.

You will have experience in banking or investment management, ideally with a real estate focus with financial and investment modelling capability considered beneficial. You'll be comfortable supporting the Agency’s Strategic Objectives with good communication and report writing skills.

Delivering on a mission as bold as ours isn’t always easy. You will be resilient and comfortable managing stakeholders and partners at a senior level, and your discussions will always be shaped by a good understanding of our strategic priorities, risk appetite and the commercial and operational impact of what we do as a front-line portfolio management team. You will enjoy working in an innovative, fun, and engaging way and be able to negotiate and influence.

As a developing real estate banking professional, you’ll understand how to manage and build relationships with colleagues and partners and be able to demonstrate 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.

Why Join?

Backed by £16bn of new financial capacity, the National Housing Bank will work with investors, lenders, developers, housing associations and government partners to crowd in more than £50bn of private investment and support the delivery of 500,000 additional homes across England.

This is a rare opportunity to work collaboratively across teams within the National Housing Bank.

Please find attached job description alongside additional information about the selection process, who we are and what we offer.

View all National Housing Bank opportunities here.