AMS PSR

Senior Manager – Complex Transaction Support

Homes England | National Housing Bank
£59,631-£79,464 | Location: Hybrid 50/50 

Our 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 opportunity

Responsibilities 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

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 benefits 

Contact point for applicants 

Name : Ciara Lynn

Email : Ciara.lynn@weareams.com 

Recruitment team 

Email : psrpermapplications@weareams.com

Closing date: 26^th June,  2026

Right to Work in the UK is required.