General Manager, Projects & Portfolio at Family Homes Funds

Family Homes Funds is a Social Housing Finance Company, is committed to delivering affordable housing to Nigerians in most need. They aspire to be the continent's leading affordable housing financing institution. To achieve that vision, they are passionate that the homes they finance are built to high-quality standards, are sustainable, and create places people are proud to live. Over the next five years, they aim to produce up to 300,000 homes.

We are recruiting to fill the position below:

Job Title: General Manager, Projects & Portfolio

Location: Abuja (FCT)
Job type: Full time

Job Description

• As a member of the Executive Management Team, the successful candidate will help achieve this ambition. Specifically, the post holder will be accountable for delivering key results, including:
  • Best Practice pre-finance technical evaluation of project proposal.
  • At least 90% of projects are completed to time, cost, and quality targets.
  • Green Building Certification (e.g., IFC Edge) on projects funded by the organisation.
  • Standardisation and modernisation of the design and construction of Housing Units to improve delivery costs and effectiveness.
  • Creating up to 1,500,000 jobs through our investment in housing projects.

Key Responsibilities
The responsibilities of the GM, Projects & Portfolio include:

Strategy:

• Develop our Project and Portfolio Management Sub-Strategy to ensure the company has a clear and focused road map towards creating and maintaining a good quality loan portfolio.
• Act as the lead for transforming the company into a “green” affordable housing finance institution.
• Develop, and maintain an efficient eco-system of partners required to support the achievement of the company’s ambitions.
• In conjunction with the HR Unit, develop and support a performing Projects and Portfolio Management Team.

People Leadership & Management:

• The Postholder will be accountable for developing and maintaining a high performing team including:
  • Overseeing the selection and training of team members, assigning clear roles and responsibilities, providing effective supervision, and managing performance to achieve and exceed set targets.
  • Maintain and support the company’s culture and values across the team and our key stakeholders and partners.
  • Maintain and ensure compliance with relevant Company policies and regulations including systems, procedures, and processes for effective and efficient management.
  • Act always in a manner that appropriately represents and portrays the corporate image and reputation of the Company in the best light.
  • Act as an effective and efficient member of the Executive Management Team.

Sustainability Development:

• The Postholder will help the company become the leading Sustainable Housing Finance provider on the continent. Responsibilities will include:
  • Spearheading the development and execution of strategies based on the vision specifically regarding the company’s ambition to achieve innovation, green sustainability, and affordability in all its housing projects.
  • Devise short- and long-term strategies and lead implementation in achieving a zero-carbon emission footprint.
  • Leading the company in achieving a recognised industry sustainability rating
  • Incorporate the company’s sustainability agenda into development strategies, frameworks & policies.

Standardisation & Data Management:

• The Postholder will help the company leverage data and standardisation to improve performance. The Postholder is expected to:
  • Develop, Implement and Maintain Standard reporting tools to assist in tracking the performance of Projects.
  • Develop, Implement the standardisation of Building Design and Specifications to provide guidance to prospective partners.
  • Collaborate with the Strategy & Business Performance unit in collating reporting and analysing construction cost, sales, completed units, and other relevant data.
  • Leverage technology to create tools, dashboards, frameworks, methodologies, and metrics to track project performance.
  • Publish periodic data on the cost, quality, and time performance of projects financed by the company.
  • Report on Jobs created.

Pre-Project Development:

• Rigorous and effective technical assessment of project proposals are a critical part of the company’s financing decision-making process and ultimately the quality of our loan portfolio.
• The Postholder is responsible for ensuring that this aspect of our operation is best in class. In that regard the Postholder will:
  • Oversee the conduct of technical credit assessment of project proposals including expert opinion on counterparty capacity and capability, location/site quality, design quality, cost proposals, and delivery plans.
  • Continuously review and evaluate the adequacy of the Company’s processes, system, and capacity towards ensuring that the Company has a best-in-class capacity effective project credit risk assessment at all times.
  • Work Collaboratively with the Investment, Risk and Legal team to ensure that the Company has a 360 view of credit risk prior to commitment.
  • Provide Periodic reports on the Pre-Development Credit Risk assessment process

Project Development:

• Once financing commitment is made, the monitoring of projects during implementation to ensure that cost, quality, and time targets remain achievable is a critical activity necessary to maintain credit quality.
• The postholder is responsible for ensuring that the company always has an effective project monitoring capability. In that regard, the postholder is expected to:
  • Ensure that a written monitoring plan is in place for every project in which the company has a financial commitment.
  • Oversee and report on the execution of the monitoring plan.
  • Report on Project Implementation to the monthly Project Management Committee.
  • Proactively identify emerging risks on projects and develop effective mitigation. Where required, escalate as necessary.
  • Where projects are at risk of default, proactively lead the restructuring of such projects working with colleagues in the Investment, Finance, Credit and Legal Teams.
  • Continuously review and evaluate the adequacy of the Company’s processes, system and capacity towards ensuring that the Company has a best-in-class capacity for effective project monitoring at all times.

Post- Construction Management:

• The post holder is responsible for ensuring a clean close including final accounts, handovers, and management of the defect’s liability period.
• The post holder is expected to:
  • Ensure and co-ordinate project completion process to allow for sales (where necessary) or occupancy, including the preparation of reports and completion of all necessary legal and financial documentation.
  • Ensures the smooth transition of projects from the Project Management Unit during development to Assess & Portfolio Unit at the commencement of occupancy.
  • Prepare the Project Closing Report for consideration by the Project Management Committee.

Assets & Portfolio Management:

• The company maintains a portfolio of homes for sale on legacy housing project in addition to a significant landbank to support its objective of facilitating the provision of affordable homes for Nigerians in most need.
• The Postholder will be responsible for the effective management of the Company’s development assets and will be expected to:
  • Plans, organizes, and directs the operations of the Asset Management Unit. Oversees the development and implementation of approved asset management plans.
  • Take ownership of the sales & marketing of the company’s legacy housing projects,
  • Keep and manage an inventory of the company’s landbanks ensuring that focused oversight is in place to protect these assets.
  • Co-ordinate the provision of effective facility management services on company-owned projects.
  • Develop and maintain supportive relations with communities in which the company’s estates are located.

Requirements
Essential Requirements:

• Minimum of 18 years of total experience. 10 years shall be a senior-level experience in managing Real estate projects financing.
• University Degree in the field of Architecture, Estate Management, QS, Building Construct and Humanities.
• M.Sc in a related field from a top-tier Nigerian or International University
• Must have Professional Certification in Project Management e.g (PMP, PMI- APC, PfMP or Prince2)

Desirable Requirements:

• Project management, land use planning, or real estate development and financing or a related field
• Ability to coordinate planning, design development, construction, and due diligence activities within a regulatory framework for a range of projects, and balance diverse interests, risks, and benefits in achieving project objectives
• Experience negotiating issues through influence and persuasion.
• Broad knowledge and understanding of affordable and social housing financing
• Working knowledge and understanding of the company’s housing programs, and development and lending policies specifically relating to the development of social housing

Competencies:

• Strong leadership & strategic ability
• Strong Technical Skills, particularly ability to read and interpret building related technical information.
• Excellent Personal Effectiveness & Communication
• Results Oriented
• Teamwork & collaboration
• Service Oriented
• Budget preparation, interpretation,
• Aptitude for handling a wide variety of responsibilities at once in a very hands-on manner, at varying levels of complexity, with excellent attention to detail and consistently high quality of output.
• Strong work ethic and commitment to getting the job done, with excellence and enthusiasm.
• Flexible to changing priorities and conditions.
• Ability to work independently and take the initiative when appropriate.
• Strong organisation and project management skills – ability to see the big picture, manage the small details, and create and maintain systems that enhance organisational efficiency.
• Very strong interpersonal skills and the ability to build relationships with multiple stakeholders
• Advanced computer skills and knowledge of current business applications, particularly complex spreadsheets, scheduling management and project management software

Application Closing Date
20th March, 2023.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Note: Only shortlisted candidates will be contacted.