Head of Fund Management - Public Sector Resourcing

Head of Fund Management

Homes England | National Housing Bank

£69,831 - £93,055 | Hybrid | Location: Hybrid 50/50 Our new Headquarters are in Leeds and this role is based inBirmingham, Bristol, London, Leeds, Liverpool, Manchester, Newcastle or Northstowe.

As we are headquartered in Leeds our preference is to appoint to this location and priority will be given to applicants based within commuting distance of the Leeds office.

Homes England is launching the National Housing Bank, a government-backed investment platform to accelerate housing delivery across England. With £16bn in capital, it will unlock private investment, support regeneration and accelerate housing delivery across the UK. Joining now offers a rare opportunity to shape a major new national investment platform from the ground up.

As Head of Fund Management, you will shape how National Housing Bank governs, allocates and optimises capital, ensuring investment activity is disciplined, data-driven and aligned with national housing priorities. This is a high-impact leadership role at the heart of a new national financial institution.

The opportunity

Responsibilities include:
* Design and embed NHB's capital governance, allocation frameworks, and portfolio modelling.
* Monitor capital deployment, returns, stress tests and economic capital limits.
* Provide portfolio-wide insight: performance trends, risk indicators, pricing discipline.
* Lead forecasting, scenario analysis, stress testing, and decision-grade reporting.
* Improve systems, controls and forecasting processes to enhance operational quality.
* Coach and develop team members, building a high-performing fund management culture.
* Work across NHB and Homes England teams - Loans, Equity, Guarantees, Finance, Risk, Operations - to ensure joined-up capital deployment.

Candidate profile

You're an experienced investment professional with:
* Strong fund management, banking or investment experience
* Knowledge of debt, equity and guarantee products
* Expertise in capital frameworks (Basel III/CRR), stress testing, portfolio forecasting
* Advanced financial modelling and reporting skills
* Experience managing teams or sub-functions
* Ability to translate complex data into actionable insight
* Excellent stakeholder skills, comfortable engaging at Executive and Board level
* A confident problem solver, adept at structuring ambiguity and collaborating across functions
* Experience with risk management and governance is highly desirable.

Why join?
* Build a national financial institution from the ground up
* Lead a high-impact fund management function deploying billions in public capital
* Competitive salary, 33 days' leave, hybrid working and wellbeing support
* Work in a purpose-driven, collaborative and inclusive environment

Contact point for applicants

Name : Rebecca Nolan

Email : [1]

Recruitment team

Email : [2]

Closing date: 5th August 2026

Right to Work in the UK is required.
References

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