Job Description

End Date Thursday 22 May 2025Salary Range xc2xa30 - xc2xa30Flexible Working Options Hybrid Working, Job Share Summary .JOB TITLE: Portfolio Director, Housing Growth PartnershipLOCATION: London, Birmingham or EdinburghSALARY: Competitive packageHOURS: Full-timeAbout this opportunityThe Housing Growth Partnership (HGP) is an equity investor passionate about accelerating the delivery of new homes across all UK Living Sectors. HGP is an GP Fund manager owned by Lloyds Banking Group (LBG). The investors are LBG and the UK government, via Homes England. As a result of our investments to date HGP has committed to the construction of 13,000+ new homes across the UK. The fund was voted social impact investor of the year by our industry peers. Our housing delivery forms and important part of LBGxe2x80x99s Helping Britain Prosper plan commitments.Wexe2x80x99re looking for a Portfolio Director to be responsible HGPxe2x80x99s underperforming investments requiring more active involvement to improve performance and protect value. In this role youxe2x80x99ll also be responsible for developing and improving HGPxe2x80x99s processes and approach to managing and monitoring investments including setting the tone on appropriate challenge of management strategy, ensuring we proactively support and influence our management teams.Youxe2x80x99ll work alongside the five regional investment teams responsible for the original investments and will have co-responsibility for the portfolio management resource within each of those teams. The HGP live portfolio contains c. one hundred projects, of which c. 5%-20% will require differing levels of active portfolio management dependent on the prevailing market conditions.Youxe2x80x99ll also work with and take responsibility for HGPxe2x80x99s Senior Advisor population, a large group of senior industry figures who are available to support HGPxe2x80x99s assessment and management of investments.HGP has a UK wide investment focus so the role will require travel however wexe2x80x99re advocates of agile working. Wexe2x80x99ll be pleased to consider applications from candidates wishing to work flexible arrangements. The office base for this role could be London, Birmingham, or Edinburgh. If you consider yourself a good match, we would love a conversation and would welcome your application.What do we want you to do?Join the HGP leadership team and support the Head of HGP to lead, run and empower the team to manage HGP investments alongside mid-market and SME house builders and developers. Take responsibility for HGPxe2x80x99s off plan investments to determine and implement the optimal investment strategy. This will require deal execution skills including work out, negotiation, structuring, financial analysis, due diligence, investment approvals and legal documentation.The role requires working with house builder / developer management teams and advisers, ensuring we have the right management teams in place to deliver successful build out and sale of living sector developments invested in by HGP. In some cases, this may involve replacing defaulting / insolvent partners and assuming responsibility for the development SPV. This could require appointment of turnaround directors, securing an alternative delivery route and restructuring the investment with lending banks and other stakeholders.A key component of the role will be presenting investment strategy and portfolio performance to Investment Committee in a succinct manner and ensuring the maintenance of the highest standards of portfolio management, valuation, and management support.HGP is a regulated Fund. Youxe2x80x99ll hold a certified role as part of HGPxe2x80x99s governance team ensuring Fund processes are adhered to and investments delivered in line with key fund principles. This will include having a seat on HGPxe2x80x99s Investment Committee, attending HGP Board Meetings and preparing and presenting quarterly valuations to HGP Valuation Committee.About usWexe2x80x99re on an exciting journey to transform our Group and the way wexe2x80x99re shaping finance for good. Wexe2x80x99re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.What youxe2x80x99ll need

• Significant relevant experience in PE, restructuring, turnaround, active portfolio management or broader construction industry experience.
• Proven experience in structuring, negotiating, and executing equity or debt investments ideally in the real estate sector.
• Ability to distinguish between the impact of unavoidable external market factors in Living Sector projects and underperformance by management teams to early identify investments requiring increased HGP intervention.
• Ability to demonstrate effective risk management and control ensuring adherence to legal, regulatory, conduct and compliance requirements.
• Financial analysis, including development cash flow modelling and where value sits in a capital structure.
• Relevant sector experience in living sector development and/ or property finance
• Knowledge and practicable experience of due diligence, accounting, tax, and legal aspects of transaction execution.
• Exceptional inter-personal, communication and leadership skills to support relationship building and influence management teams.
• Ability to maintain an effective network of advisers, partners, industry bodies and senior sector experts.
• Ability to work autonomously and lead and develop junior team members, setting an example with a positive and professional attitude.
• High levels of personal Integrity and honesty.

About working for usOur focus is to ensure wexe2x80x99re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. Wexe2x80x99re committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best.We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative.As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern.Wexe2x80x99re proud to be a Disability Confident Leader. If you have a disability, you can also apply via our Disability Confident Scheme (DCS). Through the DCS, we guarantee to interview a fair and proportionate number of applicants with a disability, whose application meets the minimum criteria for the advertised job role.We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If youxe2x80x99d like an adjustment to the recruitment process just let us know.We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%

• An annual performance-related bonus

• Share schemes including free shares

• Benefits you can adapt to your lifestyle, such as discounted shopping

• 30 daysxe2x80x99 holiday, with bank holidays on top

• A range of wellbeing initiatives and generous parental leave policies

If youxe2x80x99re excited by the thought of becoming part of our team, get in touch.Wexe2x80x99d love to hear from you!At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together wexe2x80x99re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

Lloyds Banking Group