Job Title: Investment Associate

Department: Investment

Reports to: Investment Director

Grade: Manager - Core

Contract: Full-time, Permanent

Salary: £50,400 to £55,000 per annum, depending on experience

Location: Hybrid - London, EC1Y and homeworking

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 Associate to support the identification, assessment and management of social impact investments that change lives, working alongside investors, social enterprises and government to help grow the UK's social impact investment market.

You'll help research and analyse the investments that deliver on BSC's 2026–2030 strategy: identifying social issues and market gaps, and supporting the partnerships, structures and solutions needed to mobilise capital at scale. You'll contribute to strategic projects that shape how BSC and the wider market tackle these challenges, building your experience as a future systems change agent.

Supporting the performance of our existing portfolio is just as central to our mission as finding new investments. You'll help build relationships with fund managers and support the monitoring of 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. You can find out more about how this works alongside our training offer in our Candidate Pack.

We are hiring up to two Associates or Managers starting in the following teams:  

• Lending: you will work on assessing and managing investments across blended finance, social outcomes contracts and/or climate and energy vehicles and contribute to strategic projects aligned with our 2026-30 strategy.

• Impact Investment Management: you will gain a portfolio-wide perspective, working on special situations and exits to protect and recover value across financial, impact and systems change; lead our overall learning approach; and lead on elements of portfolio insight. 

Careers webinar at Better Society Capital: Investment Team

Monday 10 August, 2:00pm

Join us for an introduction to BSC & hear about the range of roles currently open across our Investment team. This is a great opportunity to hear first-hand from the team and get your questions answered. Sign up here

What you will do:

Support the origination and assessment of new investments

• Help identify social issues and market gaps where impact investment can be part of the solution, contributing to creative, collaborative solutions with investors, charities and government.

• Support detailed investment analysis of the market, the prospective investee, and the financial, social impact and systems change cases, working closely with senior members of the investment team and with fund managers to help build the relationships that underpin a strong investment case.

• Support the structuring of prospective investments, help prepare recommendations for our Investment Committee, and support legal negotiations through to close.

Contribute to systems change

• Support the development and delivery of key strategic projects in BSC's asset classes, building your experience and taking on more responsibility over time.

• Help develop relationships with fund managers, and support engagement with investors, charities and social enterprises to deliver on our strategic goals.

Support the performance management and manager relationships for a portfolio of social impact investments

• Support a portfolio of individual social impact investments, engaging with fund managers to help monitor and manage each investment's progress towards exit, financial returns, social impact and systems change goals.

• Contribute to analysis of impact and financial performance across your investments, including across asset classes and impact themes.

• Support special situations and the active management of exits as needed.

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 the investments you’re involved in 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

• 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.

Other

• Participate in at least one ‘BSC Citizenship’ activity, helping to make BSC a great place to work. This could be helping to organise our summer or winter social, joining the Staff Council or helping with health and safety   

What you will bring - Qualifications & Experience

Essential

• A passion and demonstrable commitment to improving lives in the UK

• Experience undertaking and communicating detailed analysis of complex problems

• Work experience that faces the financial, social or public sector

• Proven relationship-building and influencing skills

Desirable

• Work experience in social impact investment

• Proven project management skills

• Knowledge of housing or real estate, venture investment, social outcomes contracts or lending

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

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.

How to apply:

Closing Date:  Sunday 16th August 2026 - 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.

NB We screen for applications that appear to be heavily generated by AI. You’re welcome to use AI tools to support small edits, such as improving grammar, structure or clarity, but your CV and supporting answer should reflect your own experience, knowledge, skills and motivations. Applications that feel authentic and genuinely personal are most likely to receive a high score.

We may use AI tools to support parts of our recruitment process, always with human oversight and in line with our principles on fairness, transparency and data protection. Read more about how we use AI in hiring here

Interviews

Initial Screening: w/c 31st August

Round 1 virtual interviews: w/c 7th September & 14th September

Round 2 in-person interviews: w/c 21st September

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. 

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 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) at kdeguzman@bettersocietycapital.com

You can find out more about our recruitment approach here

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. We envision that for this role, the successful candidate will be required to 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 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 Krystle De Guzman (Talent Acquisition & Development Officer) on kdeguzman@bettersocietycapital.com