Company Description At Octopus we're transforming the industries we operate in and improving the lives of millions of people. We've built market-leading positions in a number of specialist sectors, including smaller company financing, renewable energy, healthcare and property finance. We employ in excess of 800 people and manage more than £9.1 billion on behalf of over 50,000 investors. Our products don't just help real people solve real life problems, they also make a positive impact on the world around us.
The Octopus Group incorporates Octopus Energy, Octopus Real Estate, Octopus Investments, Octopus Ventures, Octopus Wealth and Octopus Renewables. Our aim is to have an impact in everything we do, and to make a vital contribution to the UK economy by helping people, companies and institutions
Job Description Octopus Real Estate is a specialist real estate investor with more than £2 billion under management across property lending and healthcare investment.
Our property lending team provides fast, bespoke financing across the residential, commercial and development sectors.
Our healthcare team is looking after the needs of an ageing population by investing in care homes and retirement communities. We aim to create exceptional healthcare facilities you'd choose for your loved ones.
We're looking to recruit a Head of Residential Development to lead an experienced and talented team, and be responsible for all our development lending.
Developing and implementing Octopus Real Estate's residential development lending strategy, including expansion into new areas
Working with the broader Octopus business, raising institutional funds for residential development lending
Leadership of the teams managing each element of the business - sales/origination, credit and portfolio management
Overall responsibility for, and management of, the residential development book (currently at £0.5 billion)
Membership of the Octopus Real Estate Management Committee, reporting to the CEO
Membership of the Octopus Real Estate Investment Committee.
Qualifications To hit the ground running you will need the following exposure.
Experience in a senior position in a Real Estate fund manager, alternative investor, non-bank or bank lender.
Experience leading and motivating a high performing team.
A deep understanding of credit processes and experience in portfolio management.
Experience in the residential development lending sector, with a solid network of both broker and direct sources for origination.
Experience in expanding development loan books and lending products.
Ideally, experience raising institutional funds.
We will also need you to.
Lead from the front and embody the Octopus values.
Be comfortable with change, learning new skills and dealing with ambiguity.
Have a customer focussed mindset.
Be commercially focused.
Drive for results.
Be a strategic planner.
Additional Information Our Values and DNA
At Octopus we don't just focus on what we do but also how we do it. Everyone shares our values of being straightforward, helpful and bold. And while these are the principles that guide us as an organisation, our DNA goes even further, by revealing our inner strength:
We are loyal: we fully buy-in to the company's vision and believe in everything that Octopus stands for. We are respectful: we live and breathe the Octopus values of being helpful, straightforward and bold. We are resilient: we have an inner strength that means we never give in We are intellectually curious: we seek to understand how the world works and we're always learning, adapting and improving We understand who our customers are: and because we know them really well, we always give them our very best.
What we offer
Octopus has built an exciting and inclusive high-performance culture where employees feel empowered. This means we welcome discussions around flexible working hours. We also understand the value of diversity, and we have a team dedicated to promoting gender, ethnic, socio-economic, LGBT and disability equality, to make sure we back up our words with actions. All Octopus employees are given the opportunity to develop new skills, aim higher and accelerate their careers.