About The Role
We're looking for an accomplished
Development Director
with deep expertise in
development finance, project finance, financial structuring and commercial negotiation
. You'll play a pivotal role in shaping the financial and commercial success of a major residential regeneration scheme in London, where BBI is a joint venture partner.
In this high‑impact position, you'll lead the financial and commercial structuring of the project—reviewing financial models, analysing key inputs, and refining development assumptions to maximise viability and support long‑term programme delivery.
Where capacity allows, you'll also contribute to our growing
PBSA (Purpose‑Built Student Accommodation)
portfolio—supporting new development and bidding opportunities both on and off campus.
What you'll be doing
Financial Structuring & Modelling
* Leading the financial and commercial structuring of a large‑scale residential regeneration project spanning market sale, BTR and affordable housing.
* Reviewing, challenging and optimising financial models and development appraisals prepared by internal teams and advisors.
* Running sensitivity and scenario analysis to assess risk exposure and model resilience.
* Evaluating commercial, project and equity risks to ensure alignment with BBI's investment criteria.
Commercial Negotiation & Transaction Delivery
* Negotiating heads of terms, purchase agreements, debt financing structures and forward‑funding arrangements.
* Preparing, reviewing and negotiating loan agreements and financing documentation.
* Supporting bid submissions, investment papers and governance reporting.
* Contributing to land acquisition, tender processes, project award and Financial Close activities.
Project Leadership & Coordination
* Coordinating multidisciplinary teams and maintaining momentum toward key milestones.
* Working collaboratively with JV partners, advisors, contractors, lenders and internal stakeholders.
* Monitoring project costs and supporting budget control and invoice approvals.
PBSA Development & Analysis Support
* Engaging with universities and key PBSA stakeholders.
* Conducting demand and supply assessments and competitor benchmarking across UK cities.
* Supporting financial modelling, funding analysis and commercial structuring for new PBSA opportunities.
* Assisting with procurement, tender processes and consultant/contractor engagement.
Market, Planning & Governance
* Undertaking market research, city and micro‑location analysis, and pipeline assessments.
* Liaising with planning and regulatory bodies to support scheme progress.
* Preparing and presenting investment papers and committee‑ready reporting.
Who we're looking for
Professional Background
* Proven experience within in development, finance, real estate or a related environment.
* A relevant post‑graduate or professional qualification (finance, accounting, or real estate).
* Proven experience structuring and arranging development finance for residential or BTR schemes.
* Experience relevant to or transferable into the PBSA sector.
* Strong business development capabilities with excellent written communication skills.
* Exceptional financial and analytical skills, including appraisal review and development modelling.
Personal Attributes
* Proactive, self‑motivated and confident in taking ownership of complex workstreams.
* A strong communicator, comfortable engaging with senior stakeholders.
* Collaborative yet capable of leading when required.
* Highly organised, detail‑focused and structured in approach.
* Strong interpersonal skills with the ability to build and maintain industry relationships.
* Flexible, resilient and able to prioritise effectively under pressure.
* A creative problem‑solver with a positive, professional attitude.
Why work for us
Alongside The Amazing Opportunity, Support And Pride That You Will Gain From Developing Your Career With One Of The World's Foremost Infrastructure Giants, You Will Also Enjoy
* Company DC pension scheme up to 5% EEs & 7% ERs
* Wellbeing sessions - non-work-related activities go for a walk, do some house duties etc.
* Opportunity to join into the company SIP scheme.
* Flexible benefits window Options to purchase additional holidays, bikes, tech vouchers, dental cover, PMI etc.
* Reward platform where you can get discounts off shopping, insurance, cars etc.
* Hybrid working (where applicable)
* Enhanced company sickness scheme
* Enhanced company Maternity/Paternity/Shared parental/Adoption schemes
* 25 days holiday plus bank holidays
* Broad range of learning opportunities, such as professional qualifications
* Employee assistance programme
* Up to 2 days volunteering per year
* Company funded social events.
In joining the team, you are joining a strong function, where you can join us as the first step on a lengthy career, or simply join us be the best you can be in your role we will support you either way.
We have a BB Academy, which is a great resource to support you with your learning and development.
At Balfour Beatty we are committed to creating a diverse workforce and an inclusive culture where everyone can be themselves and reach their full potential, not only because this is the right thing to do, but because it makes us a better business.
We have a UK Diversity and Inclusion Action Plan which sets out the wide range of targeted, initiative-taking, measurable steps we are taking to make this a reality. You can read our UK Diversity and Inclusion Action Plan in full at
About Us
Diversity and inclusion
At Balfour Beatty we believe that diversity and inclusion are essential components of any successful, happy workplace. Through our Value Everyone Diversity and Inclusion Strategy and Action Plan, we are growing our diverse workforce and developing our inclusive culture where everyone can thrive and reach their full potential, regardless of their identity or background. To find out how we are making this a reality, visit
We are a Gold Award holder in the Ministry of Defence 'Employer Recognition Scheme' and actively encourage applications from Armed Forces personnel, veterans, and reservists.
As a Disability Confident Employer, we are committed to collaborating with people who have disabilities and long-term health conditions to remove barriers for them.