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Development Manager

Employer
Legal & General Affordable Homes
Location
Buckinghamshire, Cambridgeshire, Essex, Suffolk, Norfolk, Berkshire, Oxfordshire
Salary
Competitive
Closing date
23 May 2021

Job Details

Legal & General Affordable Homes (LGAH) is recruiting for a Development Manager to source, appraise, scrutinise and contract s106 and package deals. You'll manage a pipeline across local authority areas under the direction of the ADM (Area Development Manager). 

Regular travel will be required - Northern Home Counties - Buckinghamshire, Cambridgeshire, Essex, Suffolk, Norfolk, Berkshire, Oxfordshire. 

What you'll be doing:

  • 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.
  • Manage the consultant team, emphasising importance of meeting targets and supporting the team as necessary.
  • Ensure the efficient, accurate and quick management of prospects and contracts.

What we're looking for:

  • You'll have an excellent academic background, with a numerical aptitude
  • Experience in sourcing and contracting residential affordable housing investments and/or developments and of building trustworthy relationships with developers and house builders that are current and potential future partners and clients
  • You'll have 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

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.

We’re an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender identity or age.

Does this opportunity excite you but you’re not 100% sure if you meet all the requirements for the role? Or are you concerned that ‘normal’ office hours aren’t possible given your personal circumstances? We’re aware that candidates, especially women, can be put off from applying for a job unless they tick every box, or candidates who are parents or have other caring responsibilities may not think they can achieve the flexibility they need. If this is you, we’re keen to connect; and whilst we can’t accommodate every flexible working request, we’ll try to find a practical solution. So why not apply?

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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