Closing Date: 15th June 2026
Interviews will take place week commencing 22nd June and 29th June
Whilst this role is recruiting to Leeds, internal applicants are able to apply regardless of their base location.
Working in a team with Ewan Cochrane, Assistant Director from the NHB Head Office in Leeds, the Senior Portfolio Manager will play a critical role managing a portfolio of complex, recoverable Lending Alliance loan partnerships with private funders who then on-lend to eligible developers extending National Housing Bank’s market reach, leveraging partner operational capability, and accelerating housing delivery at scale. Typical alliance sizes range between £10m and £100m plus.
You will be joining our small but experienced team who are committed to making positive change that ensures homes are delivered. Working closely with alliance counterparties’ senior leadership, as well as key internal stakeholders you will ensure effective management of the alliance portfolio of loans with efficient, consistent, and effective resolution of any issues arising.
Portfolio Management is delivery focused and dedicated to delivering first-class customer service, taking an innovative and creative approach to complex issues. We work in a collaborative and flexible way. We also value diversity in experience and perspective to foster good decision making and problem solving within our team.
The role will support the design and delivery of debt funding solutions for key strategic projects across England. This is an excellent opportunity to balance day to day delivery with bringing forward innovative solutions to complex debt funding challenges.
Whilst our day job is to manage a portfolio of Lending Alliances and to deliver first class customer service to our borrowers, you will be used to "spinning several plates" at once and will always be looking for ways to improve and innovate.
You'll be highly motivated, well organised, task focused with strong analytical skills, able to manage and vary complex debt structuring solutions, underpinned by strong commercial lending and risk management skills.
You will be proficient in real estate funding 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. The post holder should have a fluent understanding of LMA debt principles as well as strong technical knowledge of structured debt transactions within the Real Estate sector.
Delivering on a mission as bold as ours isn’t always easy. You will be resilient and comfortable managing stakeholders and alliance 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 an experienced 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.
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.
Homes England: The Housing and Regeneration Agency
We believe that affordable, quality homes in well-designed places are key to improving people’s lives. As the government’s housing and regeneration agency, we create thriving new places and transform urban areas, combining the full breadth of our powers, expertise, land, capital and influence to bring investment to communities and get more homes built.
How? We form long-term partnerships that bridge the gap between the public and private sector to meet local needs and aspirations. We use our influence to champion the creation of sustainable homes, communities and places that are brilliantly designed for the people that live there now, and in the future. And we use our funding and support to build a more resilient, diverse and innovative housing sector, helping new entrants in the market, encouraging modern methods of construction and design, and promoting the utmost attention to building safety.
Together with our partners, we’re accelerating the pace of house building, remediation and regeneration across the country, as we seek to deliver ever more affordable homes in places people are proud to call home for generations to come.
As well as a competitive salary and 33 days annual leave, we are committed to 50/50 hybrid working. We’ll support you, wherever possible, so that you don’t miss out on what matters to you.
Membership of the Homes and Communities Agency Pension Scheme, which is a contributory defined benefit scheme with the amount you receive on retirement based on your salary and years worked at the Agency.
Internal applicants: please note that if you are successful, the salary you are offered will be in accordance with our pay policy. You can find details on the HR Hub SharePoint site.
If you ever need a bit of extra help, we have a great employee assistance programme, a wide range of healthcare plans, financial wellbeing support and access to many great discounts with leading high street names.
Our range of network groups are also there to support you to be yourself at work and play a key role in helping shape our future.
If you are a member of a professional body, we’ll pay for your membership and once you get your digital kit, you’ll be good to go.
Homes England are a geographically diverse community. We work to a 50/50 office/ home based model. Moving back into our office environments has enabled us to utilise our space and time together in the most collaborative way.
We would encourage all applicants to apply as soon as possible as we may close vacancies early should we receive a high number of applications.
We also encourage you to apply using the full application option as opposed to quick apply, this is especially important if you would like to indicate to us that you would like to be considered under the disability confident scheme.
We’re a diverse team of more than 1,000 professionals spanning 17 professions, helping Homes England to be effective, efficient and deliver for communities.
Our people remain at the heart of everything we do, and we’re committed to building an Agency that not only reflects the diverse communities we serve, but also champions inclusion in how we shape homes and places across the country. For more information about our EDI strategy please see our Equality, Diversity and Inclusion Report 2024 to 2025 — Second Edition - GOV.UK
You will be required to have the Right to Work in the UK and Homes England do not offer visa sponsorship. If your application is shortlisted to interview we will require you to provide proof of your Right to Work in the UK at this stage.
Artificial Intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance for more information on appropriate and inappropriate use.
