Portfolio Manager - Equity & Partnerships

Homes England; Birmingham; Hybrid; GBP 70,000 - 95,000; Full time

Benefits offered by this job

Competitive salary

33 days annual leave

Flexible working

Career average pension scheme with a/

Professional body membership paid

Exclusive discounts and offers

Employee assistance programme

Financial well-being support

Network groups

Job summary

Homes England is seeking a Portfolio Manager to lead a portfolio of equity and joint venture investments linked to housing delivery and placemaking. You will work within the National Housing Bank framework, ensuring robust analytics, risk management and strong partnerships with investment partners.

You will bring finance or real estate expertise, with experience in complex agreements, Excel modelling and written reporting.

Qualifications

• Experience in finance or real estate with equity investments.
• Strong report writing and communication skills.
• Ability to navigate complex legal agreements including shareholder agreements.

Responsibilities

• Manage a portfolio of equity and joint venture investments focused on housing delivery.
• Perform detailed commercial analytics and financial modelling.
• Monitor risk, liquidity and support exit strategies for investments.
• Collaborate with investment partners up to C-Suite and senior stakeholders.

Skills

Excel

Financial modeling

Real estate

Stakeholder management

Portfolio management

Education

Degree level qualification

Professional qualification (surveying/accounting/law)

Tools

Microsoft Excel

Job description

Closing Date: 31st August 2026

Interviews will take place mid September 2026

As we are headquartered in Leeds our preference is to appoint to this location and priority will be given to applicants based within commuting distance of the Leeds office.

Positioning

This is an exciting time to join Homes England, the government’s housing delivery Agency as it transitions into the National Housing Bank (NHB). Launched in April 2026, the NHB is a subsidiary of Homes England with the existing Homes England Investments team working on behalf of the Bank. It is publicly owned and backed with £16bn of financial capacity, on top of £6bn of existing finance allocated to this Parliament, to accelerate housebuilding and leverage in £53bn of additional private investment, creating jobs and delivering over 500,000 new homes.

With long-term, flexible capital, the NHB will act as a consistent partner to the private sector, bringing the stability and certainty that housing developers and investors need to make delivery happen. It will also support SMEs with new lending products and enable developers to unlock large, complex sites through infrastructure finance.

We have the resources, influence, and diverse expertise to drive positive market change through our significant investment activity. The government has put housing at the heart of its agenda and the Agency is at the forefront of that commitment with a mission to intervene in the market to ensure more homes are built in areas of greatest need to improve affordability. Homes England will make this sustainable by creating a more resilient and diverse housing market, with a focus on quality.

This is a unique opportunity to join the Agency at a pivotal moment in housing delivery and to be part of the growth of the Agency's Product, Equity and Partnerships team. The Product Equity and Partnerships team undertakes the origination, execution and management of equity investments to shape the future of housing and regeneration in a national organisation with real social purpose. We recently contracted on four new investments with our partners in investment, regeneration and house building and have a strong pipeline with the ambition to do more. We are growing the team at all levels and are looking for a number of skilled and passionate professionals to join us.

About the role.

Working in a team, the Portfolio Manager will play a critical role in managing a portfolio of equity and joint venture investments all ranging in size, nature and counterparty, but all with a focus on housing delivery and placemaking (and in many instances both). You will be joining our small but talented and experienced team , who are committed to making positive change in how we manage our high profile and complex equity investments and lending alliances and accelerate housing delivery. We work collaboratively to foster good decision making and problem solving in the team.

The role will require the robust management of high profile Equity transactions to enable the delivery of more homes using innovative funding structures with a diverse set of Investment Partners whilst unlocking further investment into the sector. Detailed commercial analytics and financial modelling will be a key part of the role, with a good understanding of risk management to enable to achievement of investment objectives, housing targets and milestones and to enable recovery of our investment through a successful exit strategy. Good understanding of the Shareholder / Partnership agreements will be critical to the role.

The role also requires the provision of effective stewardship and management of key relationships with Investment Partners all the way to C-Suite. The role will give you exposure to some of the most senior people at Homes England as well as Government departments through the periodic committees and forums in which the portfolio reporting is presented.

There are some exciting transactions to get involved with and this is an excellent opportunity to balance day to day delivery whilst bringing innovative solutions to the Equity and Joint Ventures offering.

About you.

You will be an experienced finance or real estate professional with the ambition to work creatively to improve the affordability and accessibility of housing of all tenures across England.

As a professional, ideally from the real estate, banking or corporate finance sectors, you will support the Equity and Partnerships Portfolio Management team with complex commercial issues and liquidity management which requires to demonstrate an understanding the different financing solutions and key risks in the residential sector.

You will strong experience in real estate and residential delivery with strong report writing skills and confident in navigating complex legal agreements (including but not limited the shareholder agreement). You will be proficient in Microsoft Excel and have good understanding of Financial Models and cashflows. You will have excellent communication skills both verbally and in writing, and be comfortable presenting in forums.

You will have a degree level qualification and or equivalent relevant accreditation / experience such as a professional qualification in surveying, accountancy, law or similar.

You will have a resilient and comfortable managing stakeholders at all levels, with the ability to negotiate and persuade, and your discussions will always be shaped by a good understanding of the commercial and operational impact of what we do as an Equity and Partnerships Portfolio Management team. You will understand how to manage colleagues and be able to demonstrate that you can work with others as part of a team in a collaborative, inclusive way.

About the National Housing Bank

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.

What we offer.

• competitive salary
• 33 days annual leave
• flexible working
• our career average pension scheme comes with a generous employer contribution
• we’ll pay for your membership of a relevant professional body
• exclusive discounts and offers with leading high street names

• employee assistance programme
• financial well-being support
• range of network groups

If your application is shortlisted to interview we will require you to provide proof of your right to work in the UK at that stage.

Homes England is a geographically diverse community. We are hybrid working spending some of our time working from home and some based at our offices which are spread across England. The wellbeing of our colleagues remains one of our top priorities.