Website Greater London Authority

Job reference number: 044810

Contract type: Permanent

Salary: £56,797 per annum

Grade: 9

Closing date: Sunday 21 April 2024 at 23:59.

Interview date: 13 May 2024.

Do you want to help tackle London’s housing crisis and make a difference across the capital by managing investments focused on building much needed homes?

If so, this may be the opportunity for you.

We are seeking an Investment Manager to be part of the Investments team who sit in the GLA’s Housing and Land Directorate.

About the Team

The Investments team lead on deploying funding and managing the Directorate’s recoverable investments portfolio (such as loans or recoverable grants to increase or accelerate housing supply in London). In addition, we provide strategic advice and practical management of investments (we have just implemented a new framework for managing and reporting on returning investments), lead bespoke investments and programmes such as the Homes for Londoners Land Fund and structure/restructure new and existing investments.

Principal Accountabilities

This particular role will focus on supporting the management, monitoring, and reporting of the existing portfolio of residential investments as well as new investment opportunities. As an Investment Manager, you will be responsible for:

  • The monitoring and reporting of the portfolio including expenditure and receipts against funding commitments and homes delivered.
  • Identifying risks within the portfolio that may impact delivery of homes or recoverability of funding.
  • Overseeing the operational transactions of the portfolio such as facility drawdowns to partners and repayment of funding.
  • Providing support in the assessment of new investments.
  • Preparation of performance reports for presentation at internal and external committees
  • Contributing to delivering the Mayor’s Housing Strategy by providing support in the negotiation and management of new contracts which will look to deliver increased housing supply for London.

If you can manage stakeholder relationships really well, enjoy the challenge of working through a problem and can translate analysis and data into a compelling story for stakeholders, come and talk to us.

The job description linked here provides the full list of skills and experience we are looking for and the principal accountabilities in more detail. Some of the most important demonstrable experience we’re looking for are:

  • Effective project management.
  • Effective relationship management.
  • Experience of data management, including use of relevant tools (Microsoft Excel and Power-Bi).
  • Experience in residential development or development finance would be beneficial but is not essential for this role.

If you have a question about the role or would like to discuss it informally, please feel free to contact Ben Crofts (ben.crofts@london.gov.uk) or Andrew Welsh (andrew.welsh@london.gov.uk) to arrange a call.

This role is primarily based at City Hall, in the Royal Docks (Kamal Chunchie Way, London, E16 1Z) and London Fire Brigade’s Head Office (Union Street SE1 0LL).

Staff at the GLA are working in our offices two to three days per week on average. GLA staff adopt hybrid working principles with a mix of office-based and remote/home working.

GLA senior managers are expected to be leaders across the organisation in demonstrating accessibility and visibility to colleagues.

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, you will be paid every four weeks, providing frequent salary payments. We also 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.

Application process

Please note all applications for this vacancy must be submitted via our online recruitment system. We do not accept CVs alone for this role. Please upload a supporting statement with a maximum of 2 pages to the ‘Additional Documents’ section of the form, ensuring you address your technical experience in residential development/development finance and the following competencies in your supporting statement:

  • Stakeholder focus (level 2) – focusing on your skills and experience interacting effectively with stakeholders and understanding differing stakeholder needs.
  • Problem Solving (level 2) – focusing on your skills and experience distilling a variety of information and proposing options for solutions to problems.
  • Planning and Organising (level 2) – focusing on your skills and experience in making contingency plans to account for changing work priorities, deadline, and milestones.

Please use Word or PDF format for your CV (no more than two pages) and covering letter (no more than two pages) and do not include any photographs or images. Please ensure your CV and supporting statement documents are saved with the job reference number as part of the naming convention (E.g. “CV – applicant name – 012345) and the file size is no larger than 1MB

Applications submitted without a Covering Letter may not be considered.

The GLA Competency Framework Guidelines further detailing each competency and the different level indicators can be found here: GLA competency framework.

Application closing date: Sunday 21 April 2024 at 23:59.

We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.

Additional Information

Please note, all candidates will need to confirm that the information provided in this application form is true and correct. Should a candidate deliberately give false information, including the use of AI software, they understand that this would disqualify them from consideration.

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

Appointable candidates that are not successful at interview through this process may be considered for any similar vacancies within the next six months. Decisions around whether to fill future vacancies in this way will be made at the time, based on considerations including the urgency of filling the post and the GLA’s commitment to promoting diversity and inclusion through its recruitment processes.

Apply link: https://tfl.taleo.net/careersection/gla26opdc_external/jobdetail.ftl?job=044810&tz=GMT%2B00%3A00&tzname=Europe%2FLondon

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