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General information

Posting ID
4064
Type of employment
Permanent
Organisation
Homes England
Salary Banding MIN
£ 85862
Location
Leeds
Salary Banding MAX
£ 114417
Workplace Type
Hybrid

Description & Requirements

Assistant Director – Guarantees & Product Development

Business area: Homes England – National Housing Bank

Salary: 

£85,862 – £114,417 

Pension: Competitive employer contributions through the Homes and Communities Agency Pension Scheme

Contract type: 

Permanent 

Working pattern: 

Full‑time (35 hours) 

Locations: 

Hybrid – Birmingham, Bristol, Leeds, Liverpool, London, Manchester, Newcastle or Northstowe 

Closing date: 11:59pm, Thursday 2 April 2026

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Reference number: 4064 

Job grade: Senior Civil Service – Equivalent 

Type of role: Product Development / Housing Investment / Strategy 

Number of jobs available: 1

About the job

Job summary

This is an exciting opportunity to join Homes England, the government’s housing and regeneration agency, at a pivotal moment for the sector. With housing at the heart of the national agenda, the creation of the National Housing Bank (NHB) marks one of the most significant interventions in housing investment in a generation.

Backed by £16bn in new financial capacity, including £5.5bn for the new Guarantees Programme, the NHB will unlock investment at scale, attract new institutional partners, and accelerate the delivery of high‑quality homes across the country.

As Assistant Director – Product Development, you will play a central role in shaping the next generation of financial products that support housing delivery, regeneration and long‑term place‑making. You will help design innovative, scalable solutions that address market failures, unlock capital, and enable partners to deliver the homes and infrastructure communities need.

This is a rare opportunity to influence a new national organisation from the ground up and to make a meaningful impact on the future of housing investment in England.

Job description

You will join the newly established Guarantees Team, a growing and strategically important part of the Agency’s investment offer. Your work will focus on the origination and development of new financial products, ensuring they are impactful, market‑informed and aligned with the NHB’s mission.

You will:

  • Lead the design and development of innovative, scalable financial products that attract institutional capital and support housing delivery.
  • Engage extensively with the market to understand barriers to investment and identify opportunities for intervention.
  • Work collaboratively across Homes England to ensure products align with strategic objectives, governance requirements and risk frameworks.
  • Empower internal stakeholders to contribute to product development, ensuring a shared understanding of purpose, impact and delivery.
  • Shape the NHB’s approach to product innovation, helping to build a new national capability from inception.
  • Provide clear leadership, direction and judgement, ensuring your team’s work aligns with organisational goals and delivers measurable impact.

A two‑stage interview process will apply. Candidates invited to second stage will complete an Occupational Personality Questionnaire (OPQ).

Person specification

A bit about you

We are looking for creative, commercially minded professionals with a strong understanding of the residential property market and the dynamics of housing investment. You will bring:

  • A track record of developing financial products or investment solutions within housing, real estate, infrastructure or related markets.
  • The ability to listen to the market, interpret complex challenges and design interventions that drive meaningful change.
  • Strong communication skills, with the ability to influence senior stakeholders and build trusted relationships across sectors.
  • Leadership qualities that inspire confidence, support professional development and foster an inclusive, collaborative culture.
  • The patience, resilience and strategic thinking required to deliver innovation in a complex policy and investment environment.

As a leader, you will:

  • Provide clear direction and ensure alignment with organisational priorities.
  • Demonstrate integrity, sound judgement and a commitment to public value.
  • Build a positive, inclusive culture where people can do their best work.
  • Encourage collaboration and support the growth of a high‑performing team.

About the National Housing Bank

The National Housing Bank (NHB) is a new financial organisation within Homes England, created to unlock investment at scale and accelerate the delivery of homes, regeneration and long‑term place‑making.

With £16bn in new financial capacity, the NHB will:

  • Connect capital with capability
  • Enable innovation and sustainable growth
  • Support partners to unlock complex sites and deliver at pace
  • Provide government‑backed finance where the market cannot act alone

Purpose‑driven and built for impact, the NHB offers a unique opportunity to shape a new national institution from its earliest stages.

Who we are

Homes England – The Housing and Regeneration Agency

We believe that affordable, high‑quality homes in well‑designed places are essential to improving people’s lives. We work with partners across the public and private sectors to:

  • Deliver more homes and regenerate places
  • Champion sustainable, well‑designed communities
  • Support a diverse and innovative housing sector
  • Unlock investment and accelerate delivery

Together, we are building the homes and places people can be proud of for generations.

What we offer

  • Competitive salary
  • 33 days annual leave
  • 50/50 hybrid working
  • Membership of the Homes and Communities Agency Pension Scheme (defined benefit)
  • Employee assistance programme and wellbeing support
  • Healthcare plans and financial wellbeing tools
  • Discounts with major retailers
  • Payment of professional membership fees
  • A diverse and inclusive workplace with active staff networks

We encourage early applications as vacancies may close ahead of schedule.

Contact point for applicants

Job contact :

  • Name : Ciara Lynn
  • Email : Ciara.lynn@weareams.com

Recruitment team

  • Email : psrpermapplications@weareams.com

You must have the Right to Work in the UK. Homes England does not offer visa sponsorship.

Artificial Intelligence

AI tools may support your application, but all examples must be truthful, accurate and based on your own experience. Plagiarism or fabricated content may result in withdrawal of your application.

 

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