Head of Investments
HSPG · London
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THE ESSENTIALS |
THE BENEFITS: 25 holiday days per year; |
HSPG’s mission is to put a roof over the heads of the people who need it most.
Having somewhere to call home is one of our most important basic human needs. The housing shortage presents one of the biggest social crises in the UK. We’re here to create thousands of homes to alleviate that.
HSPG is a social impact real estate company: building partnerships, creating homes, developing communities. At the heart of our Living Sector platform is PPHA, the Group’s For Profit Registered Provider: co-owned in a Joint Venture by HSPG and global investment firm Sixth Street. We are backed by over £1bn, made up of equity and debt. As one of Homes England’s Strategic Partners, we have an additional £150m to deploy. We deliver Section 106 and grant-funded Affordable Rent and Shared Ownership homes at scale.
We can only scale at our desired pace through innovation. We are living through one of the most significant technology shifts in history, and we plan to drive our growth through tech-first, AI-enabled solutions. We expect everyone on the team to look for the tech solution first.
PPHA’s north star is to create homes for more than 8,000 families and individuals by 2030.
Core Behaviours:
Core mission:
Support PPHA’s investment, financing, and asset management activities as the business scales towards delivering safe and secure affordable housing for 8,000 families by 2030. The role will help execute the investment strategy, manage debt relationships and facilities, supporting capital partner relationships and owning institutional-quality reporting. The candidate will be responsible for the financial analysis underpinning investment, funding and asset management decisions, ensuring the Senior Leadership Team, the PPHA Board and capital partners have clear and reliable information on portfolio performance, capital deployment and expected returns.
Accountable for
- Supporting the development and execution of PPHA’s investment, financing and asset management strategies.
- Leading the financial analysis and underwriting of new investments, including the preparation, development and review of investment models and committee materials.
- Monitoring the portfolio performance against original underwriting and the latest business plan, identifying emerging risks, opportunities and areas requiring management action.
- Working with the Commercial Finance Manager to monitor covenant compliance, manage lender information requirements and support the effective use of the existing debt facility.
- Acting as a principal day-to-day contact for PPHA’s capital partners on financial analysis, portfolio performance and reporting matters, working closely with senior leadership on wider relationship management.
- Coordinating and delivering accurate, timely reporting to equity and debt partners.
- Supporting refinancing, capital raising and other strategic financing initiatives.
- Contributing to investment committee, portfolio review and asset management discussions across the business.
Not accountable for
The role will have significant responsibility for analysis, execution and reporting but will not hold sole responsibility for:
- Final investment, financing or asset management decisions.
- Overall ownership of capital partner or lender relationships.
- Approval of business plans, budgets or investment committee recommendations.
- The statutory responsibilities of the PPHA Board or senior leadership team.
Obsess:
You obsess over:
- Organisation: you prioritise meticulously across competing priorities, for both internal and external partners.
- Analytical thinking: you synthesise complex data into information that's easy to understand.
- Detail: you bring high attention to detail across all tasks, ensuring presentation materials to institutional partners are polished, accurate and of the highest standard
Excel:
You excel at:
- Stakeholder management: you engage deeply with internal and external stakeholders, delivering on their fundamental wants and needs.
- Commercial judgement: You solve problems by considering their commercial impact, making decisions that balance opportunity, risk, and long-term value.
- Leadership: measurably improving people through influence, clear coaching, honest feedback and a genuine belief that investing in people’s growth is the most important responsibility a leader holds.
Specific experience:
- Minimum of 5 years of relevant experience in real estate investment, corporate finance, transaction advisory or comparable analytical role.
- Strong financial modelling and underwriting capability, with experience taking ownership of complex investment analysis.
- Experience supporting or executing real estate transactions and presenting analysis to senior decision-makers. Experience with UK residential real estate. Exposure to UK affordable housing would be advantageous but not essential.
- Comfortable working autonomously with senior management, capital partners, lenders and professional advisers.
90 Day Wins
Early traction and strategic control.
- Develop a detailed understanding of the joint venture business plan, portfolio model and key investment assumptions.
- Become sufficiently familiar with the model to assess sensitivities, downside cases and capital deployment scenarios independently. Establish an effective working relationships with the capital partner, lenders and key stakeholders.
- Develop a clear understanding of the existing debt facility, including its economics, covenants, drawdown mechanics and reporting requirements. Take ownership of the regular investment and portfolio reporting cycle.
12 Month Outcomes
Material impact and results within first 12 months.
- Establish a clear and reliable reporting framework covering investment performance, portfolio delivery, capital deployment, financing and returns.
- Provide senior leadership, the Board and capital partners with timely analysis of performance against the business plan and underwriting.
- Improve the quality and consistency of financial analysis supporting investment and asset management decisions.
- Play a meaningful role in any refinancing, capital raising or strategic financing activity undertaken by PPHA.
- Become a trusted source of investment judgement and financial analysis across the business.