Portfolio Rationalisation Manager
£66,997 annual base salary
Permanent Full-time
Hybrid
Location: Braintree Essex
At Eastlight, we are committed to providing outstanding services to our residents and creating thriving communities. We are seeking a skilled Portfolio and Rationalisation Manager to play a pivotal role in maximising the value of our portfolio and delivering sustainable benefits for our residents.
As our Portfolio and Rationalisation Manager you will lead and coordinate Eastlight’s portfolio rationalisation strategy, ensuring that all activities align with Eastlight's mission and deliver tangible benefits for our communities. This role involves identify portfolio acquisition and disposal opportunities and then end-to-end management of the process - from initial financial modelling through to collaboratively ensuring delivery. The successful candidate will collaborate cross-departmentally and with external consultants to meet programme objectives, maintain project timelines, and secure Eastlight’s position as a responsible and effective asset manager.
Why Choose Eastlight?
Eastlight Community Homes is a vibrant, resident-led housing association in the East of England. We own and manage 14,500 homes, offering a mix of social rent, affordable rent, and shared ownership. With plans to build many more homes, we are committed to tackling the demand for truly affordable housing.
We prioritise the health and wellbeing of our residents by ensuring they have access to high-quality, safe homes and neighbourhoods. Our residents pay rents and charges below market rate, and we reinvest every £1 to fund new housing projects, improve services, and address community challenges.
Working side-by-side with our residents, our governance structures, including our resident-led Customer Influence Committee, enable us to listen to their views and ensure they can influence decision-making.
Your Key Responsibilities:
Lead Portfolio Rationalisation: Oversee and coordinate portfolio rationalisation initiatives to ensure alignment with Eastlight’s strategic objectives and deliver measurable value to our residents.
Manage Portfolio Acquisitions and Disposals: Identify, develop, and execute acquisition and disposal projects. This includes conducting detailed financial modelling, project analysis, stakeholder consultation, and managing each project to completion.
Project Team Leadership: Coordinate and lead internal project teams to drive portfolio rationalisation projects, ensuring adherence to timelines and programme objectives.
Internal and External Approvals: Secure necessary approvals for projects at every level, including internal Board-level and external regulatory approvals, such as from Homes England and relevant statutory authorities.
Cross-Departmental Coordination: Utilise matrix management skills to coordinate activities across departments, ensuring cohesive delivery of programme objectives and adherence to timelines.
External Consultancy Management: Appoint and manage specialist consultants as required to support the rationalisation projects and enhance Eastlight’s capacity to deliver top-quality outcomes.
What You’ll Bring to the Role:
* Proven experience in asset portfolio management, rationalisation, or similar roles.
* Demonstrated experience in complex financial modelling, project analysis, and end-to-end project management.
* Strong understanding of the legislative and regulatory frameworks affecting housing and asset portfolios.
* Experience in securing internal and external approvals, particularly at a Board level.
* Proficiency in cross-departmental collaboration and matrix management.
* Excellent communication and stakeholder engagement skills.
* RICS (MRICS) qualification or with relevant, proven equivalent experience.
* Experience managing consultancy relationships including dealing with complex contract negotiation, management, and project management experience for large-scale projects.
* Knowledge of housing sector challenges and opportunities, particularly in the non-profit or social housing context.
* Detailed understanding of affordable housing funding streams, Homes England Capital Funding Guide requirements and statutory authority approval processes.
What We Offer:
To demonstrate our commitment to you, we have developed a sector leading total rewards package.
* £66,997 annual base salary
* Permanent Full-time Contract
* Annual wellbeing grant of £200 per annum – Subject to eligibility • Group stakeholder pension plan (Eastlight will double, up to 5% of the employee’s contribution - Employee 5% + Eastlight 10% = Total 15%)
* Annual wellbeing grant of £200 per annum – Subject to eligibility
* 30 days annual leave plus bank holidays
* Trailblazing family leave [Maternity, Paternity and Adoption – 12 weeks full pay / 6 weeks half pay] – Subject to eligibility.
* BUPA healthcare cash plan, life assurance
* Formal qualifications and paid professional membership.
* We truly embrace agile working; geography is never a barrier to recruiting the best person. Our Head Office is in Braintree, Essex.
At Eastlight we support, develop, and invest in our people, together creating a culture where people love to work.
There has never been a better time to join us! Click the link below to submit your CV and personal statement.
Application closing date: Wednesday 20th November 2024
Interview date: Tuesday 3rd December 2024 in person
Eastlight Community Homes is a disability confident and equal opportunities employer. We are committed to promoting an inclusive and diverse culture, which is why we encourage applications from everyone. If you require any support with the application process, please contact recruitment@eastlighthomes.co.uk.
[Eastlight Community Homes is unable to provide visa sponsorship].
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