Head of Fund Management
Homes England | National Housing Bank
£69,831 - £93,055 | Hybrid | Location: Hybrid (Birmingham, Leeds, London, Manchester)
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 £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.
As Head of Fund Management, you will shape how National Housing Bank governs, allocates and optimises capital, ensuring investment activity is disciplined, data-driven and aligned with national housing priorities. This is a high-impact leadership role at the heart of a new national financial institution.
The opportunity
Responsibilities include:
. Design and embed NHB's capital governance, allocation frameworks, and portfolio modelling.
. Monitor capital deployment, returns, stress tests and economic capital limits.
. Provide portfolio-wide insight: performance trends, risk indicators, pricing discipline.
. Lead forecasting, scenario analysis, stress testing, and decision-grade reporting.
. Improve systems, controls and forecasting processes to enhance operational quality.
. Coach and develop team members, building a high-performing fund management culture.
. Work across NHB and Homes England teams - Loans, Equity, Guarantees, Finance, Risk, Operations - to ensure joined-up capital deployment.
Candidate profile
You're an experienced investment professional with:
. Strong fund management, banking or investment experience
. Knowledge of debt, equity and guarantee products
. Expertise in capital frameworks (Basel III/CRR), stress testing, portfolio forecasting
. Advanced financial modelling and reporting skills
. Experience managing teams or sub-functions
. Ability to translate complex data into actionable insight
. Excellent stakeholder skills, comfortable engaging at Executive and Board level
. A confident problem solver, adept at structuring ambiguity and collaborating across functions
Experience with risk management and governance is highly desirable.
Why join?
. Build a national financial institution from the ground up
. Lead a high-impact fund management function deploying billions in public capital
. Competitive salary, 33 days' leave, hybrid working and wellbeing support
. Work in a purpose-driven, collaborative and inclusive environment
Contact point for applicants
Name: Ciara Lynn
Closing date: 15th April 2026
Right to Work in the UK is required.