Head – Complex Transaction Support
Homes England National Housing Bank
81,443 – 93,055
Location: Hybrid 50/50
Homes England launched the National Housing Bank, a new government‑backed investment platform to accelerate housing delivery across England. With 16 bn 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 lead and manage a small team of Senior Managers within the Complex Transaction Support (CTS) team, overseeing a portfolio of distressed lending cases (including debt, equity, guarantees and equity investments) within the Bank’s wider Debt team. These cases are high‑profile and have been transferred to the CTS team due to identified delivery, fiscal, or reputational risks. The job holder reports directly to the Assistant Director, Complex Transaction Support, and must exhibit gravitas, negotiation and restructuring skills both externally and internally in a high‑pressure public environment. Mandatory requirements include an exceptional Credit & Risk and organisational skill set.
Responsibilities
- Design, implement and maintain an effective system for identifying, analysing and assessing emerging risk within the mainstream portfolio managed by the Portfolio Management team.
- Design, implement and execute an agreed work‑out strategy for all identified risk cases, applying a wide range of restructuring options.
- Deliver elected restructuring strategies internally through the Risk Executive Investment Committee; and, where required, to the Risk teams within the Ministry for Housing, Communities and Local Government (MHCLG) and HM Treasury (HMT).
- Maintain, manage and implement the CTS‑designed Watch List Process through monthly updates to Risk and monthly management meetings with Portfolio Management and Risk, with minutes circulated and passed to the Chief Risk Officer to satisfy robust and auditable review obligations.
- Maintain an effective database of all potential, current and historic impaired and written‑down loans to provide an accurate and concise assessment of the Debt Team’s risk exposures.
- Introduce and embed best practice, discipline and processes from the Corporate and Commercial Banking sector into the Agency, providing advisory engagement to Risk, Senior Management, the Board, MHCLG and HMT.
Candidate profile
- Extensive technical capability in insolvency procedures and restructuring options.
- Proven understanding of insolvency law and related mandates (Administration, Receivership under the Law of Property Act, enforcement mechanisms such as schemes of arrangement and debt sale).
- Significant experience in successfully leading and managing a team that has worked with distressed lending positions.
- Leadership experience and credibility to run a high‑output team tackling diverse risk problems under pressure.
- Proven experience of managing complex lending positions to maximise Agency delivery while minimising financial loss, employing analysis and problem‑solving techniques to achieve optimum outcomes.
- Extensive credit‑risk experience across the real‑estate sector, establishing development and counterparty risk.
- Ability to concisely present complex distressed lending problems with a decisive work‑out strategy to Senior Management, Board members and external mandates (MHCLG and HMT) in written and verbal form.
Why join?
- Help build a new national investment institution.
- Work on complex housing and regeneration transactions.
- Deploy 16 bn of government‑backed capital.
- Hybrid 50/50 working across multiple national locations.
- Defined benefit pension and strong public‑sector benefits.
Must possess the legal right to work in the UK.
