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General information

Posting ID
4065
Type of employment
Permanent
Organisation
Homes England
Salary Banding MIN
£ 69831
Location
Leeds
Salary Banding MAX
£ 93055
Workplace Type
Hybrid

Description & Requirements

Head of Product Development & Guarantees

Homes England (National Housing Bank)

Apply before 11:59 pm on Thursday 2nd April 2026

Homes England / National Housing Bank 

Apply now

Details

Reference number
 4065

Salary
£69,831 – £93,055

Job grade
 Head of Function / Senior Leadership

Contract type
 Permanent

Business area
Homes England – Investment Directorate, National Housing Bank (NHB) – Guarantees Team

Type of role
 Product Development • Investment • Housing Finance • Stakeholder Engagement

Working pattern
 Full-time (35 hours), Hybrid (50/50 office–home)

Location

Birmingham • Bristol • Leeds • Liverpool • London • Manchester • Newcastle • Northstowe

Number of jobs available
 1

Contents

  • Location
  • About the job
  • A bit about the role
  • A bit about you
  • About the National Housing Bank
  • Who are we? (Homes England)
  • What we offer
  • Things you need to know

About the job

 

Job summary

This is an exciting time to join Homes England, the government’s housing and regeneration agency, at a pivotal moment for housing delivery. Government has placed housing at the heart of its agenda, with a mission to deliver more high‑quality homes across the country.

 

To help achieve this, government has committed £16bn of capital to be invested and managed through Homes England’s Investment Directorate via the National Housing Bank (NHB)—including £5.5bn for a new guarantees programme. The Guarantees Team exists to attract new and additional institutional capital into housing and to create scalable platforms that channel capital into delivering quality homes in well-designed places.

 

As Head – Product Development, you will lead the origination and design of scalable, impactful financial products that overcome barriers to investment and unlock delivery at pace. You will empower internal stakeholders to co‑create compelling propositions and work market‑facing to ensure products are grounded in real‑world need and capable of mobilising capital at scale.

A bit about the role…

You will be joining a nascent, high‑impact guarantees team at a time when the sector needs innovation. This role offers genuine scope to shape the future of housing investment—designing products that correct market failures, crowd in private capital, and support the government’s vision for more homes and stronger places.

 

What you’ll do:

  • Originate and develop innovative, scalable financial product ideas—focused on guarantees and related mechanisms—to unlock stalled or complex projects.
  • Lead product strategy from ideation to operational readiness, ensuring coherence with NHB mandate, risk appetite, and delivery pathways.
  • Engage the market (investors, lenders, developers, local partners) to validate need, structure solutions, and secure adoption.
  • Align stakeholders across policy, legal, risk, operations, finance, and delivery teams to shape products that are robust, investable, and ready to scale.
  • Build business cases and product documentation that articulate impact, value for money, and risk management.
  • Champion outcomes: accelerate delivery of high‑quality homes, support regeneration, and enable long‑term place-making.

 

You will operate with a dual focus: empowering internal teams to contribute to product innovation, and maintaining a strong external presence to ensure our products resonate with market realities.

A bit about you…

We’re looking for creative, market‑savvy product leaders with strong knowledge of the residential market and a track record of designing financial instruments or market interventions that enable delivery at scale.

 

Essential experience:

  • Deep understanding of the UK residential and/or regeneration finance ecosystem (e.g., lenders, institutional investors, developers, housing associations, local authorities).
  • Proven experience in product development (finance, guarantees, credit enhancement, or related structured solutions) from concept through to delivery.
  • Strong market engagement capability—listening to the market, translating need into product design, and building adoption through trusted relationships.
  • Demonstrable stakeholder leadership, influencing across complex organisations and multi‑disciplinary teams.
  • Ability to balance policy intent, commerciality, risk, and deliverability—producing solutions that are impactful and operationally sound.
  • Experience shaping investment/credit frameworks, metrics, and controls to support scalable deployment.

Desirable:

  • Background in guarantees, project finance, housing finance, infrastructure investment, capital markets, or public‑private investment platforms.
  • Experience working within or alongside arm’s‑length bodies, government, or regulated institutions.

About the National Housing Bank

 

The National Housing Bank (NHB) is a new financial organisation, operating as a subsidiary of Homes England, created to unlock investment at scale and connect capital with capability. Backed by £16bn in new financial capacity (alongside £6bn already committed this Parliament), the NHB’s mission is to accelerate delivery of more homes, stronger places, and thriving communities.

 

What the NHB does:

  • Provides government‑backed finance tailored to market needs.
  • Uses deep local relationships to drive regeneration and long‑term development.
  • Creates confidence and capacity for partners to innovate, unlock complex sites, and deliver at pace.

 

Joining the NHB offers a rare opportunity to shape a new national institution from the ground up—how we operate, how we partner, and how we deliver impact.

Who are we?

Homes England: The Housing and Regeneration Agency

We believe affordable, quality homes in well‑designed places are key to improving people’s lives. We mobilise land, capital, powers, and partnerships to deliver homes people are proud to live in—now and for future generations. We form long‑term public–private partnerships, enable innovation (including modern methods of construction), and champion building safety and sustainable place-making.

What we offer…

  • Competitive salary and 33 days annual leave
  • 50/50 hybrid working (we’re a geographically diverse community)
  • Membership of the Homes and Communities Agency Pension Scheme (contributory defined benefit)
  • Professional membership fees paid
  • Employee Assistance Programme, healthcare plans, financial wellbeing support, and retail discounts
  • Vibrant employee network groups and an inclusive culture
  • Digital kit provided to get you up and running

We encourage early applications and may close the vacancy early if we receive a high volume of interest. Where possible, please apply using the full application (not quick apply), especially if you wish to be considered under the Disability Confident Scheme.

Things you need to know

  • Working pattern: Full‑time, 35 hours; hybrid (50/50 office/home).
  • Right to Work: You must have the Right to Work in the UK; Homes England does not offer visa sponsorship. Proof of Right to Work will be required at interview stage.
  • Equality, Diversity & Inclusion: We are committed to reflecting the diverse communities we serve and to inclusive ways of working. See our latest Equality, Diversity and Inclusion Report 2024 to 2025 — Second Edition on GOV.UK.
  • Use of Artificial Intelligence: AI can support your application; however, all examples must be truthful, factually accurate and drawn from your own experience. Plagiarism (including presenting AI‑generated experiences as your own) may lead to withdrawal of your application and potential disciplinary action for internal candidates. Please refer to our candidate guidance on appropriate use.

Contact point for applicants

Job contact :

•            Name : Ciara Lynn

•            Email : Ciara.lynn@weareams.com

Recruitment team

•            Email : psrpermapplications@weareams.com

Apply