Head of Investment

Interview date: Week commencing 20th January 2025

Do you want to help shape the future of housing delivery in London and make a difference across the capital by working with stakeholders to secure funding and overseeing investments focused on building much needed homes? If so, this may be the opportunity for you.

We are seeking a Head of Investment to lead the Investments team who sit in the GLA's Housing and Land Directorate.

The Housing and Land directorate is responsible for the Mayor's plans to deliver new and improved homes and strong communities. Working closely with boroughs and partners, we manage the Mayor's housing investment programmes and land and property assets to support the building of affordable homes, job creation and regeneration.

We particularly welcome applicants from diverse ethnic backgrounds and/or disabled candidates as these groups are currently underrepresented in our directorate at this level.

The Investments team lead on deploying funding and managing the Directorate's recoverable investments portfolio. In addition, we provide strategic advice and practical management of investments, lead bespoke investments and programmes such as the Homes for Londoners Land Fund and structure/restructure new and existing investments. Investments are focused on residential housing schemes or infrastructure that will unlock residential housing schemes in London.

The team also liaise with central government and other arm's length bodies such as Homes England to secure funding and ensure it is directed across London to unlock much needed housing.

We are looking for a senior leader with commercial expertise in residential property development and/or development finance or related fields, along with experience of contract negotiation, deal structuring and programme management. You will be managing a high performing and diverse team of six Senior Investment Managers and two Investment Managers and reporting to the Assistant Director Investment and Operations. You will also sit on the Directorate's Management Team which includes providing leadership across the Directorate by leading workstreams and opining and providing feedback on decisions.

As the Head of Investment, you will be responsible for:

• Providing appropriate senior professional and technical property and financial advice, guidance and support across the Housing & Land teams on contracting for both interest free (grant and recoverable grant), interest bearing (commercial) loans in relation to land and development finance and long-term investment finance proposals.
• Be a key point of contact with Government and other arm's length bodies in relation to recoverable investments and securing funding.
• Support the Assistant Director Investment and Operations in identifying and delivering strategic opportunities to grow the GLA's recoverable investment programme.
• Provide effective and professional leadership as well as management of staff.

If you're an excellent strategic thinker, practical problem solver and strong team leader come and talk to us.

Some of the most important demonstrable experience we're looking for are;

• Experience of effective relationship management and negotiating complex agreements.
• Senior-level experience in negotiating and managing agreements for the development and/or financing of residential property.
• Senior-level experience of managing a large investment programme.

Focusing on your skills and experience engaging a diverse range of influential contacts within stakeholder and community groups, and partner organisations and understanding the complexities of political dynamics and using this to manage relationships and resolve conflict effectively.

Focusing on skills and experience in translating GLA vision and strategy into practical and tangible plans for own teams or delivery partners.

Focusing on your skills and experience in problem solving jointly with others to stimulate innovation.

Motivates and inspires others to perform to their best, recognising and valuing their work and encouraging them to learn and reflect.

Please note all applications for this vacancy must be submitted via our online recruitment system. We do not accept CVs alone for this role.

If you would like to apply for the role you will need to submit the following:

• Personal statementwith a maximum of 2 pages to the 'Additional Documents' section of the form.Please ensure you addressthe person specification and behavioural competenciesoutlined above in the advert.

Please ensure your CV and Personal Statement have a maximum file size of 1.5MB each and upload your Personal Statement to the 'Additional Documents' section of the form, ensuring you address the technical requirements and competencies in your Personal Statement.

Word or PDF format preferred and do not include any photographs or images. Please ensure your CV and Personal Statement 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

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.

Successful candidates must undergo a criminal record (DBS) check but some roles may require additional security screening.