Senior Manager – Product Development
If you think you are the right match for the following opportunity, apply after reading the complete description. Homes England | National Housing Bank £59,631 – £69,548 | Hybrid | Location: Hybrid (Birmingham, Bristol, Leeds, Liverpool, London, Manchester, Newcastle, Northstowe) 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. The Senior Manager – Product Development will be a key member of a team responsible for generating, designing and transacting financial products that use the National Housing Bank (NHB)’s £5.5bn guarantee capacity to support its housing and regeneration objectives. The opportunity Guarantee products will be designed address market failure within the housing sector. This is a market-facing role focused on new product design that furthers the objectives of the NHB and responds to market failure. Responsibilities include: * Lead the origination and development of guarantee opportunities, maximising private investment in housing and regeneration. * Structure guarantee transactions, assess risks and liabilities and provide clear, evidence-based recommendations to senior stakeholders. * Identify and engage partners, lead negotiations, and coordinate advisors to ensure due diligence, compliance and effective deal execution. * Oversee governance, risk and reporting frameworks, preparing high-quality materials for internal decision-making and approvals. * Contribute to strategy, business plans and product development, leveraging expertise in housing policy, markets and finance. * Act as a senior team member, mentoring colleagues, enhancing tools and processes and building strong stakeholder relationships. Candidate profile * Support product development and guide key stakeholders with clear, credible explanations and logical reasoning. * Negotiate terms, pricing, covenants, and information undertakings aligned with risk appetite, including debt and capital markets considerations. * Assess and defend credit views on assets, borrowers, and structures, incorporating downside, recovery, and residential property valuation metrics (DCF, IRR, yields, cap rates, comparables). * Manage and challenge technical, legal, ESG, and appraisal reports, reviewing agreements and guarantees to identify key risk points. * Produce concise, well-structured credit, guarantee, and investment committee papers with clear recommendations. * Ensure adherence to internal policies, regulatory and rating agency requirements, and assess how guarantees impact risk transfer and capital. Why join? xwzovoh * Help build a new national investment institution * Work on complex housing and regeneration transactions * Deploy £16bn of government-backed capital * Hybrid working across multiple UK locations * Defined benefit pension and strong public-sector benefits Contact point for applicants Name : Rebecca Nolan Email : (2) Recruitment team Email : (3) Closing date: 12th April 2026 Right to Work in the UK is required.ReferencesVisible links2. mailto:3. mailto:
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