General Manager, Projects & Portfolio at Family Homes Funds

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