Impact Investment Manager – Hybrid Role in London

Location: Hybrid – London, EC1Y (40-60% in person) and homeworking.

Right to work: Candidates need to have the existing right to work in the UK and for the duration of employment.

About Better Society Capital (BSC): Better Society Capital (BSC) is the UK's leading social impact-led investor. Our mission is to grow the amount of money invested in tackling social issues and inequalities in the UK; we do this by investing ourselves and enabling others to invest for impact too. Since 2012, we have helped grow the UK's social impact investment market thirteen-fold, to more than £11 billion, proving that impact investing can scale when social outcomes and investment opportunity are genuinely aligned. We have committed more than £1 billion of our own capital to social impact investments and today hold a live portfolio of over 100 across the UK, primarily made into funds spanning early-stage and mature positions, all working towards lasting impact for the people and communities they serve. We're now delivering our 2026–2030 strategy: mobilising £20–30 billion in capital to positively impact 15–20 million lives across the UK over the next decade. We're focusing our expertise and capital on four challenge areas: housing, economic opportunity, climate and energy, and health. These have been chosen because each combines urgent social need, proven investment models and a clear role for BSC to play. This is BSC's next chapter. Building on everything we've proven since 2012, we're scaling with greater ambition and sharper focus, and looking for people who want to help shape how we get there.

The Opportunity: We're recruiting an Investment Manager to identify, assess and manage social impact investments that change lives, working with investors, social enterprises and government to grow the UK's social impact investment market. You’ll help find and shape the investments that deliver on BSC's 2026–2030 strategy: identifying social issues and market gaps and building the partnerships, structures and solutions needed to mobilise capital at scale. As a systems change agent, you’ll contribute to strategic projects that shape how BSC and the wider market tackle these challenges, moving towards leading strands of this work as your experience grows. Managing a portfolio of social impact investments well is just as central to our mission. You’ll build trusted, long-term relationships with fund managers, managing performance against expectations across financial, social impact and systems change goals.

Investment Associate and Manager Development Programme: We invest in our people as seriously as we invest our portfolio. You’ll accelerate your growth through hands-on experience across multiple asset classes, tailored training programmes and collaboration with sector-leading specialists as well as gaining direct exposure to our Investment Committee and senior leadership. We deliberately rotate Associates and Managers across our investment team to build genuine cross-asset-class judgement, learning to manage performance, risk and relationships across very different types of investment. Few roles in impact investing offer this breadth. Over time, Managers will begin to specialise in one of our teams.

What You Will Do:

• Originate and assess new investments: Identify social issues and market gaps where impact investment can be part of the solution, building creative, collaborative solutions with investors, charities and government.
• Run detailed investment analysis of the market, the prospective investee, and the financial, social impact and systems change cases, working closely with fund managers to build the relationships that underpin a strong investment case.
• Support the structuring of prospective investments, prepare and present recommendations to our Investment Committee, and help negotiate legal documents through to close.
• Become a systems change agent: Support the development and delivery of key strategic projects in BSC's asset classes, moving towards leading strands as your experience grows.
• Manage and develop relationships with fund managers, and support engagement with investors, charities and social enterprises to deliver on our strategic goals.
• Lead the performance management and manager relationships for a portfolio of social impact investments: Own a portfolio of individual social impact investments, engaging with fund managers to manage each investment towards exit and delivering on its financial returns, social impact and systems change goals.
• Lead analysis of impact and financial performance across your investments, including across asset classes and impact themes.
• Contribute to special situations and the active management of exits.
• Support portfolio-level performance analysis and management: Contribute to portfolio-level and asset class-level performance monitoring, including analysis of financial, impact and systems change performance across asset classes, strategies and impact themes.
• Help embed the lessons from your own investments into how BSC manages performance and risk across the wider portfolio.
• Help shape the next phase of our market-leading impact investment approach and team: Champion or contribute to our impact investing practice and process, in collaboration with colleagues across BSC.
• Contribute to organisation-wide initiatives and strategic projects that improve how we work and how we engage with stakeholders.

What You Will Bring – Qualifications & Experience:

• A passion and demonstrable commitment to improving lives in the UK.
• Experience undertaking and communicating detailed analysis of complex problems.
• Experience developing solutions to complex problems.
• Work experience that faces the financial, social or public sector.
• Proven relationship-building and influencing skills.
• Work experience in social impact investment.
• Knowledge of housing or real estate, venture investment, social outcomes contracts or lending.

What You Will Bring – Skills, Abilities & Attributes:

• Structured thinker – able to deal with complexity and uncertainty.
• Innovative, creative and strategic approach to problem solving.
• Solves problems with multiple stakeholders in an open and empathetic way.
• Collegial team player – flexible and willing to work with and contribute to a team.
• Self-starter – able to work under own initiative and run with new opportunities.
• Relationship management – excellent interpersonal skills and able to build relationships at all levels.
• A confident and effective communicator when writing and speaking.
• Hunger for continued learning and development, including developing others.

Studies have shown that women and people from racialised communities are less likely to apply to jobs unless they meet every single qualification. If you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

How to Apply & Interviews:

Closing Date: Sunday 16th August - Midnight. Please apply via Applied which is designed to minimise unconscious bias in recruitment. You will be asked to provide your CV and a short written answer. Your CV and answer will be anonymised before being reviewed by the hiring panel.

We are a Disability Confident Committed employer. Disabled applicants who meet the essential criteria will be considered for an initial screening interview. When application numbers are high and we are unable to interview everyone who meets the minimum criteria, we will prioritise those who best meet the essential requirements of the role.