Do you want to help tackle London’s housing crisis and make a difference across the capital by managing investments focused on building much needed homes? If so, this may be the opportunity for you.
We are seeking a Senior Investment to be part of the Investments team who sit in the GLA’s Housing & Land Directorate.
About the Team
The Investments team lead on deploying funding and managing the Directorate’s recoverable investments portfolio (such as loans or recoverable grants). In addition, we provide strategic advice and practical management of investments (we have just implemented a new framework for managing returning investments), lead bespoke investments and programmes such as the Homes for Londoners Land Fund and structure/restructure new and existing investments.
Principal Accountabilities
This particular role will focus on portfolio management within the team but going forward, there will likely be opportunities for involvement across all aspects of the team’s work. There are no current line management responsibilities for this role but there is the possibility line management opportunities could be available in the future.
As a Senior Investment Manager, you will be responsible for:
leading relationships with a portfolio of partners including developers, registered providers and housing associations who are committed to delivering new homes
You will contribute to delivering the Mayor’s Housing Strategy by leading on proactive management across your portfolio including assessing borrowing risks, contract compliance, forecasting of receipts, negotiation and restructuring of agreements and reporting internally and externally on the wider portfolio
If you’re a strong problem solver, strategic thinker and can manage stakeholder relationships really well, come and talk to us.
The job advert linked here provides the full list of skills and experience we are looking for and the principal accountabilities in more detail. Some of the most important demonstrable experience we’re looking for are;
managing contract/legal agreements for the development or financing of residential developments
effective relationship management with stakeholders including strong negotiation skills
practical risk management and analysis skills
Technical experience in residential development or development finance would be beneficial for this role.
If you have a question about the role or would like to discuss it informally, please feel free to contact Eric Gommans ([email protected]), Andrew Welsh ([email protected]) or Yvette McKenzie-Ray ([email protected])
We will be holding a live one hour session which will provide the opportunity for applicants to hear from the head of the team, Yvette McKenzie-Ray as well as hear from current role holders and the opportunity for questions. Dates are:
Wednesday 20th December: 10am – 11am
Please contact Taslima Alom at [email protected] for further event details which will be held via MS Teams.
This role is primarily based at City Hall, in the Royal Docks (Kamal Chunchie Way, London, E16 1Z) and London Fire Brigade’s Head Office (Union Street SE1 0LL)
Staff at the GLA are working in our offices two to three days per week on average. GLA staff adopt hybrid working principles with a mix of office-based and remote/home working.
GLA senior managers are expected to be leaders across the organisation in demonstrating accessibility and visibility to colleagues.
London's diversity is its biggest asset and we strive to ensure our workforce reflects London's diversity at all levels. We welcome applications from everyone regardless of age, gender, gender identity, gender expression, ethnicity, sexual orientation, faith or disability.
We particularly encourage applications from Black, Asian and Minority ethnic candidates and disabled candidates who are currently underrepresented in our workforce.
We are committed to being an inclusive employer and we are happy to consider flexible working arrangements. We would welcome applications from candidates who are seeking part time work as this role is open to job share.
In addition to a good salary package, we offer an attractive range of benefits including 30 days’ annual leave, interest free season ticket loan, interest free bicycle loan and a career average pension scheme.
Application process
Please note all applications for this vacancy must be submitted via our online recruitment system. We do not accept CVs alone for this role. Please upload a supporting statement with a maximum of 2 pages to the ‘Additional Documents’ section of the form, ensuring you address your technical experience in residential development/ development finance and the following competencies in your supporting statement:
Building and Managing Relationship (level 3) – focusing on your skills and experience proactively managing partner relationships, preventing or resolving and conflict and building consensus with partners.
Problem Solving (level 3) – focusing on your skills and experience to actively challenge the status quo to find new ways of doing things and where you may have initiated on opportunities to improve work processes
Strategic Thinking (level 3) – focusing on your skills and experience where you have informed strategy development by identifying gaps in delivery or evidence
Please use Word or PDF format for your CV (no more than two pages) and covering letter (no more than two pages) and do not include any photographs or images. Please ensure your CV and supporting statement documents are saved with the job reference number as part of the naming convention (E.g. “CV – applicant name - 012345)
Applications submitted without a Covering Letter will not be considered
The GLA Competency Framework Guidelines further detailing each competency and the different level indicators can be found here: GLA competency framework
Application closing date: Sunday 7th January 2024 at 23:59
We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.
Appointable candidates that are not successful at interview through this process may be considered for any similar vacancies within the next six months. Decisions around whether to fill future vacancies in this way will be made at the time, based on considerations including the urgency of filling the post and the GLA's commitment to promoting diversity and inclusion through its recruitment processe