Investment Associate

Job Title:

Investment Associate

Reports to:

Investment Director

Grade and Salary:

£50,400 - £55,000 based on experience

Contract:

Full time; Permanent

Location:

Hybrid - London, EC1Y and homeworking

About Better Society Capital

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 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 £634m of its own investments as well as acting as portfolio manager for the Schroder BSC Social Impact Investment Trust (SBSI) managing its £83m 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 have a unique opportunity to accelerate your career in Social Impact Investment through Better Society Capital’s

Investment Associate Development Programme

. Whilst playing a key role as part of a dynamic and supportive team, you will develop your impact investment management skills, knowledge of social issues and your strategic and design thinking in order to help solve some of the UK’s most entrenched social issues.

This is an exciting time to join BSC as we begin delivering our strategy for 2025-30, building upon what we have learnt since we started our impact investing journey in 2012. Our team comes from a wide range of backgrounds, and are driven by transforming the way mainstream financial markets help deliver deep and lasting impact on people in the UK.

If you are someone who shares our passion to improve people’s lives, and who is enthusiastic about designing and developing creative solutions to complex problems, we would love to hear from you.

What you will do:

Help us make and manage investments through research and analysis

,

including:

• Undertaking research and detailed analysis to help us understand social issues and market gaps where social impact investment can help support a solution, within our market systems (social property, social lending, impact venture and social outcomes); synthesize and present these; and monitor relevant market data and update the team on relevant developments in the market systems, for example related to the issues, asset classes and policy areas.

• Undertaking supplementary analysis of performance, benchmarks and other research that helps enhance our understanding of performance of the portfolio.

Support prospective investments through our investment process across our market systems, including:

• Undertaking detailed investment analysis, including of the market, the prospective investee, and the financial, social impact and systems change cases;

• Assisting in preparing and presenting investment recommendations to our Investment Committee;

• Project management such as ensuring the consistent application of our investment process and the tracking of new investment opportunities in the pipeline; and,

• Helping deal leads and legal team negotiate legal documents and close transactions.

• This will likely involve specialising in one market system for a period of time.

Support management of our existing portfolio investments, including:

• Supporting and co-ordinating fund manager reporting of that helps BSC to assess the contribution of the investments to our systems change, impact and financial goals across our portfolio and in the relevant market system

• Undertaking data gathering, aggregation and detailed analysis to evaluate impact and financial performance across portfolios of investments in our market systems, including working with fund managers on individual investments

Systems change agent

• Supporting delivery of key strategic projects in BSC’s market systems, including through project management

• Supporting our engagement work with investors and with charities and social enterprises to deliver on our market system goals, for example helping to co-ordinate networks and events in partnership with Investment Networks and Engagement teams .

Team and approach

• Helping to build a world class social impact investment team and approach at Better Society Capital, such as acting as a champion for part our investment management approach or being part of a working group to delive