Birmingham, Bristol, Leeds, Liverpool, London, Manchester, Newcastle or Northstowe

Assistant Director - Guarantees

Salary: £89,167 - £117,421
Working Pattern: Full Time
Contract Type: Permanent
Hours: 35
Closing Date: Wed 25 Nov 2026 - 11:59 pm UTC
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Assistant Director - Guarantees

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Additional information for candidates - NHB 19-20.pdf
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Assistant Director - Guarantees

Closing Date: 25/11/2026

First stage interviews will take place week commencing 30/11/2026

Second stage interviews will take place January 2027

Location:  As we are headquartered in Leeds our preference is to appoint to this location and priority will be given to applicants based within commuting distance of the Leeds office. 

 

Help build the National Housing Bank 

 

The National Housing Bank (NHB) is a new government-backed financial institution, operating as a subsidiary of Homes England, established to unlock investment and accelerate housing delivery across England.

The role of the Guarantees team is to originate and structure guarantee transactions using the National Housing Bank's £5.5bn guarantee capacity to address market inefficiencies and barriers, unlock institutional funding and support government housing objectives.

 

About the Role

 

The Assistant Director will play a leading role in developing and executing government-backed guarantee products that mobilise private sector investment into housing and regeneration.

This role sits within the Guarantees team's New Products function and you will join a growing team of structured finance, credit and housing specialists. You will lead the development of new guarantee products, shape product strategy and help define the future direction of the NHB's guarantee offering.

This is a market-facing role requiring strong financial, commercial, transaction structuring and stakeholder management skills. The role combines product development with oversight of transaction execution, leading opportunities from early-stage design through structuring, approvals and implementation.

Success in the role will depend on building strong relationships across government, the housing sector and financial markets. The role holder will engage with investors, lenders, developers, advisers and delivery partners to originate opportunities, develop solutions and support the successful delivery of new guarantee products. You will also play a key role in shaping the future development of the NHB's guarantee offering and supporting the growth of a high-performing team.

 

About You 

 

We are looking for a commercially minded finance professional with significant experience of complex financial transactions and a strong understanding of risk, structuring and investment decision-making. You will be able to think strategically about market opportunities, assess emerging challenges and develop innovative financial solutions that support housing delivery and wider policy objectives.

You will be comfortable leading complex transactions through structuring, negotiation, approvals and execution, while providing clear, evidence-based recommendations on commercial, financial and risk considerations. You will also have experience of developing new products, shaping strategic priorities and influencing senior stakeholders.

You will have strong analytical and financial modelling skills, with the ability to evaluate complex opportunities, challenge assumptions and communicate effectively with a wide range of internal and external stakeholders.

You will be proactive and comfortable managing multiple workstreams simultaneously, while building collaborative relationships across government and the private sector. You will enjoy developing others, building capability and fostering a high-performing team culture.

Most importantly, you'll be excited by the opportunity to help shape a new institution with a clear purpose and support housing delivery at scale.

 

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. 

You are applying for...
Assistant Director - Guarantees
Salary: £89,167 - £117,421
Working Pattern: Full Time
Contract Type: Permanent
OR
Questions
Do you currently have the right to work in the UK without the need for visa sponsorship? If you answer yes to this question, we will need to see evidence at interview stage.
Please tick yes to confirm that the responses provided are your own, reflect your personal understanding and experience, and have not been generated by AI tools such as ChatGPT.
This role will require working on a hybrid basis 50% of your time from one of our listed offices as advertised. Please can you confirm which office would be your preference?
Please identify an area of market failure that is impeding the delivery of new homes. In no more than 300 words, explain how the NHB could use guarantee products to address this issue and how you would approach developing and delivering such a solution.
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We ask this because we're interested in your suitability.
Equality, Diversity and Inclusion

Thank you for assisting us by completing the questionnaire.

We want to understand our candidates. We ask these questions to collect overall statistical information – not to pinpoint individuals. It helps us understand which groups are underrepresented in our candidate pool and whether all groups’ needs are met.
Your information is safe. There are strict laws to make sure your information is stored safely and responsibly. For further information please refer to our Privacy Notice which can be viewed here: https://www.gov.uk/government/organisations/homes-england/about/personal-information-charter.
Your answers are confidential and will not be shared with hiring managers, therefore no decisions in relation to your application will be made based on this information. Homes England is committed to protecting the privacy and security of your personal data.
Your information will be stored in our internal recruitment system and will only be used to monitor our recruitment processes. If successful, this data will not be shared to our onboarding team, they will ask you to provide this data separately.
Your information will be used for statistical purposes only and will help to drive the actions that Homes England takes to ensure that our recruitment process is as inclusive as can be and that we are reaching out to a diverse pool of candidates. This will help us to create an organisation that reflects the diversity of our communities.
By completing this information you can help us become a more inclusive employer. By learning more about our candidates, we can make sure everyone has access to the same opportunity, remove any barriers faced by specific groups and ensure that all candidates feel welcome, supported, and able to succeed here.

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