Senior Manager - Complex Transaction Support

Great British Energy Group; Leeds; Hybrid; GBP 60,000 - 79,000; Full time

Benefits offered by this job

Defined benefit pension

Hybrid 50/50 working across multiple(7

Job summary

Homes England in Leeds (hybrid 50/50 with offices across multiple cities) seeks a Senior Manager - Complex Transaction Support to oversee distressed real estate loan and equity portfolios and deliver restructuring solutions that protect value and support housing delivery.

You will collaborate with Investment Portfolio Managers, assess potential impairments, monitor cash recovery, and guide external advisers through complex legal and financial transactions.

Qualifications

• Degree level qualification or equivalent experience in a relevant field (banking, accounting, surveying, law or similar).
• Strong understanding of residential property development, planning, valuation and project monitoring.
• Experience in risk and client management of a real estate loan/asset portfolio, including restructuring underperforming transactions.
• Experience with legal documentation in real estate finance (loan agreements, inter-creditor, security documents).

Responsibilities

• Manage projects to optimise outcomes, considering recovery, delivery and reputational risk.
• Develop restructuring strategies with internal/external stakeholders.
• Assess future cash recovery and propose impairments based on expert judgement.
• Maintain accurate reporting of distressed activity and asset performance.
• Ensure compliance with transaction agreements and monitor borrower compliance.
• Oversee third‑party adviser appointments and procurement.
• Support policy improvements within the function.

Skills

Credit risk management

Real estate finance

Negotiation under pressure

Financial analysis

Stakeholder management

Education

Degree level qualification or equivalent

Job description

Senior Manager - Complex Transaction SupportHomes England | National Housing Bank£59,631-£79,464 | Location: Hybrid 50/50Our new headquarters are based in Leeds, however, candidates also have the option to attend our offices in Birmingham, Bristol, Liverpool, London, Manchester, Newcastle or Northstowe.Homes England launched the National Housing Bank, a new government-backed investment platform to accelerate housing delivery across 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 Senior Manager - Complex Transaction Support (CTS), you'll be responsible for managing a portfolio of the most challenging projects in NHB’s loan and equity portfolios, where the risk profile has deteriorated, signs of distress are evident and specialist expert attention is required to deliver a solution. Projects are transferred from mainstream Portfolio Management to CTS at the point significant deteriorating risk is identified and intensive management becomes necessary.The Senior Manager - CTS will identify critical emerging risk factors, understand and solve complex issues (which differ for every project) and develop and implement a restructuring strategy that enables homes to be delivered and investment (debt and/or equity) recovery optimised. The strategy will inform impairment assessment (predicted loss) with a consequential direct impact on the Agency’s financial reporting.The role holder will act as a technical expert assisting and advising mainstream Investment Portfolio Managers, colleagues in other parts of NHB and Homes England (including the Land Development Team) and the Executive on investments or transactions exhibiting signs of potential or actual distress.The opportunityResponsibilities include:* Manage all projects in the portfolio to ensure optimal outcomes for the NHB, considering recovery, delivery, and reputational risk.* Establish and deliver restructuring strategies through collaboration with internal and external stakeholders.* Assess future cash recovery for portfolio projects, propose impairments based on expert knowledge and professional judgement, and record positions in internal systems.* Maintain and implement the Watch List Process, ensuring accurate reporting of distressed investment activity and housing delivery.* Maintain an effective database of all potential, current and historic impaired and written down loans, providing accurate assessments of risk exposures.* Report on asset performance metrics, ensuring strong quality assurance and compliance with standards.* Make decisions within delegated authority for credit submissions, payments, and legal documentation.* Ensure compliance with transaction agreements, monitor borrower compliance, and address non-compliance promptly.* Ensure third-party advisor appointments comply with procurement rules and engage with the relevant teams.* Contribute to the ongoing review and improvement of internal policies and procedures related to the function.Candidate profile* Degree level qualification or equivalent experience of industry professional e.g Banker, Accountant, Surveyor, Lawyer or similar.* Good understanding of residential property development, planning (including s106, CIL), valuation and project monitoring.* Experience and understanding of risk and client management of a portfolio of real estate loans or equity investments, including working with and restructuring where necessary underperforming transactions.* Confident working with legal documentation associated with real estate finance including loan agreements, inter-creditor agreements, security documents; both reviewing existing legal documents and restructuring related amendments.* Experience of negotiating under pressure.* Good understanding of insolvency law, insolvency planning and insolvency appointments and ability to assess the risks if an enforcement strategy is considered.* Experience in drafting scopes of work and appointing external advisers for independent business, legal and property reviews.* Ability to analyse financial information and interrogate financial forecasts.Why join?* Help build a new national investment institution* Work on complex housing and regeneration transactions* Deploy £16bn of government-backed capital* Hybrid 50/50 working across multiple national locations* Defined benefit pension and strong public-sector benefitsContact point for applicantsName : Rebecca NolanEmail : [e-mail] teamEmail : [e-mail] date: 28th August 2026Right to Work in the UK is required.