Head of investment

Head of Investment

Job reference number: 047340
Contract type: Fixed Term Contract / Secondment Opportunity - 12 months
Closing date: 29th December 2024 at 23:59
Interview Date: Week commencing 20th January 2025
Salary: £89,041 per annum
Grade: 13

About the role
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.

Housing and Land
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.

About the Team
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.

Principal Accountabilities
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:

1. 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.
2. Be a key point of contact with Government and other arm's length bodies in relation to recoverable investments and securing funding.
3. Support the Assistant Director Investment and Operations in identifying and delivering strategic opportunities to grow the GLA's recoverable investment programme.
4. 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.

Person specification

Technical requirements/experience/qualifications
Some of the most important demonstrable experience we're looking for are:

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

Behavioural competencies

• Building and Managing Relationship (level 4) - 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.
• Strategic Thinking (level 3) - Focusing on skills and experience in translating GLA vision and strategy into practical and tangible plans for own teams or delivery partners.
• Problem Solving (level 4) - Focusing on your skills and experience in problem solving jointly with others to stimulate innovation.
• Managing and Developing Performance (level 3) - Motivates and inspires others to perform to their best, recognising and valuing their work and encouraging them to learn and reflect.

Application process & Additional Information

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:

• Up to date CV
• Personal statement with a maximum of 2 pages to the 'Additional Documents' section of the form. Please ensure you address the person specification and behavioural competencies outlined above in the advert.

Applications submitted without a Covering Letter will not be considered.

We are committed to being an inclusive employer and we welcome applications from candidates who are seeking part time work as this role is open to job share.

Application closing date: Sunday 29th December 2024 at 23:59