Job Title: Impact Manager (Maternity Cover)

Department: Investment Team

Reports to: Managing Director, Impact

Grade and Salary: £57,900 - £69,400 p/a

Contract: 6-months (dependent on start date), Full Time or Part Time

We are open to candidates who are interested in either the full role or those who wish to support us on a part-time/job share basis focusing on impact management support in one of the two priority areas covered in this job description, Impact Venture and Social Lending.

Location: Hybrid / London, EC4A and homeworking

The opportunity:

Better Society Capital is the UK’s leading social impact investor, with the mission to grow the amount of money invested in tackling social issues and inequalities in the UK. Two of our top priorities are building thriving Impact Venture and Social Lending markets that can help improve the lives of people across the UK, with a particular focus on disadvantaged people and communities.

This is an exciting opportunity to work within Better Society Capital’s Impact and Investment team on implementing and enhancing our impact management approach, with a focus on monitoring and assessing impact performance in two key areas of our investment work – Impact Venture and Social Lending. This includes supporting direct engagement with fund managers, as well as further developing our new impact scoring approach.

You will also support the development of new impact management resources and deliver training on impact management for the ImpactVC and wider impact venture community, as needed.

Please note: We are open to considering candidates who want to join us on a part time/job share basis, covering only one the priority areas, Impact Venture or Social Lending. We may also consider candidates who are more senior for this position.

What you will do:

Support new investments (in our Venture and Social Lending portfolio)

• Support Venture and Social Lending deal teams and potential investees in applying BSC’s impact approach during DD and decision making, with a particular focus on rolling out BSC’s revised “Impact Canvas” (our de-facto impact term sheet that captures the investment’s impact thesis and measurement plan).

Implement and enhance BSC’s impact management approach (with focus on Venture and Social Lending).

•  Support the investment team in preparing, conducting, and learning from our “impact-focused”, annual meetings (“Annual Impact Conversations”) with fund managers during which we review our investments’ impact performance against thesis and fund managers’ impact practice.

• Support the impact team in further developing and implementing BSC’s new impact scoring approach.

• Work closely with our Venture and Social Lending investment team to assess the actual impact performance of our investment portfolio, drawing out and presenting insights and learnings at our Annual Impact Performance Committee meeting in June.

• In Social Lending, lead on the further development and implementation of an Impact Performance Assessment tool for fund managers.

Lead and support other impact priorities

In Venture

• Deliver training sessions / programmes, on impact management within venture, to the ImpactVC and wider venture community, as needed.

• Support ImpactVC (the largest community globally of VC’s accelerating impact within venture, initiated and supported by BSC) in co-creating new impact tools and resources, as needed.

In Social Lending

• Lead the further development and implementation of an Impact Performance Assessment tool for fund managers.

• Support our ongoing efforts to assess enterprise resilience and growth, as well as learn about enterprise-level business models across our Social Lending portfolio.

What you will bring:

Experience

Essential

• Experience in designing and implementing impact management frameworks and processes in an impact investing context, with a focus on monitoring and assessing impact performance.

• Proven project management and stakeholder engagement skills

• A passion for and demonstrable commitment to Better Society Capital’s social mission and the UK social sector

Desirable

• Experience of the above in a fund of fund Venture investing and/or Social Lending context.

• Experience in applying a systems lens / systems change thinking to the investment context.

Skills, Abilities and Attributes

• Structured thinker able to synthesize, simplify and reframe complex problems

• A collaborative team player, able to establish excellent working relationships

• Attention to detail with an ability to prioritize ideas and initiatives

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.

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 anyways. You may be just the right candidate for this or other roles.

 Other terms

Location: We are a UK-based business with an office in the Chancery Lane area of London, accessible to a number of public transport links. Our current approach allows colleagues to spend 40% - 60% of their working hours in the office, and the remainder from home. We hope that this working pattern encourages Better Society Capital employees to achieve a healthy balance between work and personal life, as we continue to adapt to the changing needs of our diverse workforce.

Right to work: Right to work in the UK required  

Equality, 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+; racialized; disabled; under-served communities)

We are an equal opportunities employer with an inclusive environment where all employees can contribute to their fullest potential. We want every colleague to be able to deliver their work with dignity, equality, comfort and independence. 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. 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 Nica Gordon (People and Talent Officer) at ngordon@bettersocietycapital.com

How to apply:

Please apply via Applied by 23:59pm on Tuesday 19th November 2024

Applied is a platform designed to minimise unconscious bias in recruitment. You will be asked some work-based questions which are reviewed anonymously by the hiring panel. Please note, while you will upload your CV, it will not be viewed by panel members at this stage, so we ask that you give full consideration to each answer.

Please note: We screen for answers generated by Chat GPT. To get a 5 star score, we ask that your Applied answers are authentic and reflect your own knowledge, skills and motivations.

As a Disability Confident employer, we guarantee an initial telephone interview for all candidates with disabilities who meet the minimum criteria for the job. We are defining a disability in accordance with the Equality Act 2010, as a person who has a physical or mental impairment, and the impairment has a substantial and long-term adverse effect on their ability to carry out normal day-to-day activities. You will be asked in your Applied application whether this applies to you. If we receive an exceptionally high volume of applicants, we may not be able to facilitate interviews for everyone.

Interviews

Round 1 interviews will be held approximately w/c 25th Nov 24

Round 2 interviews will be held approximately w/c 2nd Dec 24

You can find out more about our recruitment approach here