Head of Investments

THE ESSENTIALS 
Platform: Investment
Status: Full time, permanent.
Working arrangement: We typically work 4 days in the office, 1 day from home. 
Start: ASAP

THE BENEFITS:

25 holiday days per year; 
4 ‘Me Days’ per year (take a Me Day – focus on you);
Team social events and trips;
Wellness allowance of £70 per month to be used for gym, classes, physio or other wellness costs;
Private healthcare with Vitality;
Mintago financial platform;
Drive Electric salary sacrifice;
Enhanced maternity, paternity and parental leave;
Employee referral scheme: £2,000 towards a getaway of your choice

HSPG is a social impact real estate company.

Our mission is simple: Building partnerships, creating homes, developing communities.

There is a critical shortage of affordable housing across the UK. We partner with Local Authorities, housebuilders and institutional investors to acquire, deliver and manage high-quality homes that meet local demand while creating long-term social value across multiple tenures.

At the centre of our Living Sector is PPHA, the Group's Registered Provider, which delivers Section 106 and grant-funded Affordable Rent and Shared Ownership homes. By working collaboratively with our partners, we are increasing the supply of quality affordable housing where it is needed most.

PPHA's north star is to create homes for more than 8,000 families and individuals by 2030, helping to address the housing crisis while delivering sustainable, long-term returns for our investment partners.

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.