Investment Manager

Salary: £61,500 to £67,000 per annum, depending on experience

Location: Hybrid - London, EC1Y and homeworking

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 2011, we have helped the UK's social impact investment market grow twelve‑fold to over £10 billion. This capital has financed social purpose organisations tackling everything from homelessness to mental health and fuel poverty. BSC manages £634 m of its own investments as well as acting as a portfolio manager for the Schroders BSC Social Impact Investment Trust managing its £83 m portfolio. As BSC begins delivering its next five‑year strategy, the organisation is embarking on a period of significant opportunity, growth and impact.

The opportunity

We’re recruiting an Investment Manager to identify, assess and manage impact investment opportunities. You will also work with other teams to help develop the social impact investment market in the UK, working with investors, social enterprises and government. 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, direct exposure to our Investment Committee, and collaboration with sector‑leading specialists. If you’re passionate about using investment to help improve people’s lives, we want to hear from you.

What you will do

• Support the development of new investment opportunities, including:

• Helping identify social issues or market needs where social impact investment can be an important part of the solution;
• Helping develop creative and innovative solutions to these identified social issues, including building collaborative partnerships with diverse stakeholders such as investors, charities and government.

• Lead prospective investments through our investment process, including:

• Project and relationship management, including supporting pipeline development and tracking;
• Undertaking detailed investment analysis, including that of the market, the prospective investee, and the financial, social impact and systems change cases;
• Supporting the structuring of prospective investments;
• Preparing and presenting investment recommendations to our Investment Committee;
• Helping negotiate legal documents and close transactions.

• Manage a number of our existing portfolio investments, including:

• Working with the fund managers to evaluate and manage their financial and social impact performance;
• Supporting and coordinating fund manager reporting to enable us to assess the contribution of the investments to our systems change, impact and financial goals across our portfolio and in the relevant asset classes;
• Supporting the design and undertaking of analysis on impact and financial performance across portfolios of investments, including across asset classes and impact themes.

• Systems change agent:

• Supporting the development and delivery of key strategic projects in BSC’s asset classes and strategic areas of focus, moving toward leadership of strands depending on experience and learning over time;
• Managing relationships with and helping the long‑term business development of fund managers;
• Supporting our engagement work with investors and with charities and social enterprises to deliver on our strategic goals.

• Team and approach:

• Helping to build a world‑class social impact investment team and approach at Better Society Capital, including acting as a champion for part of our impact investing approach or being part of a working group to deliver a strategic priority;
• Contributing to organisation‑wide initiatives that help us deliver our mission such as working groups to improve the way we work or how we engage with certain stakeholders.

What you will bring

• Skills, Abilities and 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 source 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.

Embody Better Society Capital core values:

• Purposeful – We are passionate and energetic in our work to bring about our long‑term vision of a thriving social investment market that enables positive social impact.
• Pioneering Spirit – We give our team the autonomy and flexibility to be entrepreneurial and creative. We have the courage to push boundaries and a restless drive for change.
• Openness – We listen, learn, experiment and collaborate. And we are adaptive and flexible in responding to what we learn.
• Rigorous – We take a rigorous approach in all we do. We expect the highest standards and continually strive for excellence.
• Respectful – We are genuine in both our approach and aspiration. We value each member of our team and our partners for what they bring.

Other terms

Location: We are a UK‑based business with an office in the Old Street area of London, accessible via a number of public transport links. Colleagues typically spend 40% – 60% of their working hours in the office, and the remainder from home. However, the exact requirements for this role can be discussed at interview. We hope that this working pattern encourages Better Society Capital employees to achieve a healthy balance between work and personal life, as we adapt to the needs of our diverse workforce.

Right to work: Unfortunately we are unable to offer visa sponsorship for this role. Applicants must have the right to work in the UK at the time of application and for the duration of employment.

Equity, Diversity and Inclusion: Better Society Capital is committed to being a diverse organisation that is truly representative of the communities we serve. We therefore welcome applications from candidates of all backgrounds, particularly those under‑represented in the social impact investment sector (e.g. people from LGBTQIA+, racialised, disabled or under‑served communities). We are an equal‑opportunity employer with an inclusive environment where all employees can contribute to their fullest potential. Our office is fully accessible with step‑free access and an open‑plan set up. We are open to accommodation requests regarding assistive technologies, accessibility tools, flexible working or any other reasonable adjustments that will make working or visiting here more accessible for you. We do not discriminate on the basis of race, religion, gender, disability or any other protected characteristic. If you have a disability or other access needs and require any support to assist you through the recruitment process, please get in touch with Krystle De Guzman (Talent Acquisition & Development Officer) on kdeguzman@bettersocietycapital.com.

Qualifications & Experience:

• A passion and demonstrable commitment to improving lives in the UK;
• Experience of 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 investing;
• Knowledge of housing or real estate, venture investment, social outcomes contracts or lending.

Don’t meet every requirement? 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.