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Development Manager

Employer
Legal & General Affordable Homes
Location
London (Central), London (Greater)
Salary
Competitive
Closing date
7 Oct 2019

Job Details

The role holder’s responsibility will be to support the Area Development Manager to source, appraise, scrutinise and contract s106 and package deals. The role holder will manage a pipeline across local authority areas under the direction of the ADM.  Activities will include:

  • Reporting to the Area Development Manager and working with Finance and Operations team, support the full and successful delivery of s106 and package deals.
  • Undertake business development activities in relation to the new business  opportunities within the designated area targeting, overseeing the pricing and negotiation of schemes, and executing affordable housing forward funding and direct acquisitions from house builders and developers.
  • Prospect opportunities, appraising the schemes jointly with Finance and Operations teams, and then appraising and testing schemes in accordance with the approved investment parameters and the scrutiny processes and reporting to the Area Development Manager. Review and ensure that scheme appraisals are 100% accurate.
  • Peer reviewing schemes as required and providing recommendations to manage risks, optimise quality and deliver good value for money.
  • Ensure a robust sign-off process is followed in line with agreed governance policies, operating within agreed financial and risk parameters.
  • Manage all negotiations in a transparent, trustworthy and honest manner and to ensure the reputation of the company is safeguarded at all times and ensure that projects are contracted in accordance with the approvals and in accordance with the adopted policies and procedures.
  • Monitor scheme bidding performance and pricing to ensure that the team are procuring at values which reflect the needs of the business.
  • Lead and maintain relationships with partners to ensure we are a valued and trusted partner and are presented with opportunities as they arise.

Qualifications:

  • Degree educated or equivalent
  • Excellent academic background, with a numerical aptitude

Track record

  • Sourcing and contracting residential affordable housing investments and/or developments Maintaining trustworthy relationships with developers and house builders that are current and potential future partners and clients
  • Delivering good returns and effective project management and risk management

Experience

  • Substantial local knowledge of both the social housing and wider residential sectors, in particular an expert understanding of social housing development, housing management and regulatory requirements
  • Knowledge of developing new business relationships
  • Acting efficiently and productively within defined decision making processes
  • Development management of affordable housing schemes.
  • Commercial and financial management of affordable housing schemes.

Skills/ Attributes:

  • A self-driven entrepreneurial spirit that embraces change and opportunity
  • A commercial development manager that works collaterally with colleagues within and across the business with the capability of being highly effective in a corporate environment
  • Ability to build new business ventures and teams to change business models and be “disruptive”
  • Decisive whilst working at a quick pace
  • Significant problem solving and “soft skills”

Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, 10% car allowance, life assurance, family private medical insurance, 25 days' holiday, performance related bonuses, your hard work will be rewarded when you join us.

For further information please contact Stacie Burnett, Resourcing Lead on stacie.burnett@landg.com 

 

Company

Legal & General Affordable Homes

Improving the lives of our customers and building a better society for the long term.

The need for good quality housing that people can afford is fundamental to supporting a flourishing society.  We seek to increase the supply of affordable housing by investing long-term institutional capital into the affordable housing sector to build more affordable flats and houses and provide safe and comfortable homes for those who need them most.

Legal & General Affordable Homes’ ambition is to become the leading private developer of affordable homes in the UK.  We will provide high quality housing management alongside a responsive and effective customer service experience. 

We will deliver our ambition by collaborating with local authorities, housing associations and developers across the country.  Our approach is to develop solutions and approaches to address the challenges of current and future society; by being forward thinking we will deliver competitive, customer-focussed solutions.

We deliver at scale, and with high quality, so our impact is material in addressing the nation’s affordable housing shortage.

We are looking for talented and ambitious individuals that can work in a fast-moving environment to build a business which delivers socially-important outcomes and becomes a market-leader.

To deliver this aim, we will are looking for ambitious individuals that want to be part of teams that collaborate, work with purpose and deliver a new and ambitious business which improves the lives of the customers we serve.

As a growing business there will be change; systems, processes and procedures will be being developed as the business grows, and this will require adaptable and responsible teams that thrive in this environment.

If you think you have these skills and capabilities, and you think you can meet this challenge, then we’d like to hear from you.

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