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Development Manager (Legal & General Affordable Homes)

Employer
Legal & General Affordable Homes
Location
South West/Midlands
Salary
Competitive basic salary, plus 10% car allowance and great benefits!
Closing date
25 Oct 2020

Job Details

Are you ambitious, driven and passionate about helping to tackle the UK's Affordable Housing crisis?

We have a fantastic opportunity for an experienced Development Manager to join our growing affordable housing business, backing a fast-growing pipeline of over 80,000 homes over the next five to ten years!

You will support the Head of Development to source, appraise, scrutinise and contract s106, package deals, land led and joint ventures and manage a pipeline across local authority areas.

We have two vacancies available - One to cover the South West region and one to cover the Midlands. 

What you'll be doing

  • 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 Head of Deevlopment. 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.
  • Effectively plan, monitor and disburse all items of expenditure associated with the acquisition pipeline.
  • Be responsible for the effective contracting and work with the project management team to ensure the successful project management of schemes to ensure they are delivered in accordance with the programmes and to a high quality of finish and a high level of customer satisfaction.
  • Ensure that schemes are completed to the standard delivery requirements, ensuring that these standards are met by all counterparties.
  • Monitor scheme bidding performance and pricing to ensure that the team are procuring at values which reflect the needs of the business.

What we're looking for:

Qualifications:

  • Degree educated or equivalent
  • Excellent academic background, with a strong 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”

Legal & General Affordable Homes is a subsidiary of Legal & General Capital, which invests its long-term capital into sectors where there has been a shortage of investment and innovation, focusing on growth opportunities and scale ups. Focused on supporting the UK’s demographic and affordable living needs, and consistent with Legal & General’s housing growth strategy, Legal & General Affordable Homes is leading the evolution of the affordable housing sector with an aim to become the leading private affordable housing provider in the UK. Through collaborating with developers, housing associations and public sector bodies across the country, L&G Affordable Homes is forward-funding new build affordable housing, bringing volume institutional capital to the social housing sector with initial target markets being affordable rent, shared ownership and rent-to-buy.

Please contact Stacie Burnett, Resourcing Lead - Stacie.Burnett@landg.com for further information.

 

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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