Investment Manager - Client Investment

Job Title: Investment Manager - Client Investment

Department: Investment

Reports to: Managing Director - Client Investment

Grade: Manager - Senior

Contract: Full-time, Permanent

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

Location: Hybrid - London, EC1Y and homeworking

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.

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 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 are recruiting an Investment Manager to take a leading role across BSC's client investment mandates, playing a central part in how we mobilise capital at scale to deliver lasting social impact.

A significant part of this role is supporting the management of BSC's client investment mandates, including the Schroder BSC Social Impact Trust, a listed investment trust for which BSC acts as portfolio manager, giving investors access to private market impact investments addressing some of the UK's most entrenched social issues. You will support portfolio management, reporting and investor engagement for the Trust, working closely with senior colleagues.

You will own a portfolio of impact investments spanning both BSC's own capital and the mandates we manage for others, taking direct responsibility for how these investments perform against their financial, social impact and systems change goals over time. You will build lasting relationships with fund managers, lead on performance monitoring and reporting, and shape how BSC manages a genuinely broad and varied portfolio across products and asset classes, developing cross-asset-class judgement that few comparable roles offer.

You will also contribute to BSC's client work more broadly, supporting our growing Advisory capability as we help other investors turn their impact ambitions into action through credible, practical investment strategies. This is a capability we are actively building, and you will play a key role in its delivery as it scales.

We invest in our people as seriously as we invest in our portfolio. You will accelerate your growth through hands-on experience, tailored training and collaboration with sector-leading specialists as well as gaining direct exposure to our Investment Committee and senior leadership. You can find out more about our training offer in our Candidate Pack.

What you will do:

Support investment management for BSC's client mandates

• Contribute to portfolio-level investment management across our client mandates, helping shape how we think about multi-asset allocation and performance, and building the cashflow, liquidity and return models that underpin these decisions.

• Bring the analysis and insight behind our client reporting to life, from regulatory reporting and accounts to due diligence questionnaires, giving investors a clear, compelling picture of how their capital is performing.

• Support engagement with shareholders and clients through investor meetings, roundtables and portfolio updates, and represent BSC at external events, Boards and Investment Committees where needed.

Lead the performance management and manager relationships for a portfolio of social impact investments across BSC's own capital and client mandates

• Own a portfolio of individual social impact investments, managing each towards exit and delivering on its financial returns, social impact and systems change goals.

• Build strong relationships with fund managers, engaging on and helping manage the financial and social impact performance of each investment.

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

Support Advisory projects

• Support delivery of BSC Advisory projects for external investors, from discovery through to solution design and client capital management.

• Contribute research, analysis and investment expertise to help other investors design credible impact investment strategies suited to their goals.

Contribute to new investment opportunities and strategic, systems change projects

• As opportunities arise, contribute to new deals and strategic projects aligned with our strategy, growing your expertise in origination and deal execution over time.

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 and with external partners.

• Champion part of BSC's impact investing approach, or join a working group to deliver a strategic priority.

• Contribute to organisation-wide initiatives that help us deliver our mission, such as working groups to improve how we work or engage with stakeholders.

What you will bring - Qualifications & Experience

Essential

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

• Investment experience including performing investment analysis, making investment recommendations, monitoring performance and engaging with investees

• Strong quantitative analysis skills, including financial analysis and modelling

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

• Proven relationship-building and stakeholder management

Desirable

• Work experience in impact investing or sustainable investing

• Exposure to multi-asset portfolios

• Experience delivering regulatory and/or client reporting

• Proven project management skills

• Knowledge of real estate, growth equity, venture investment, private credit, or social outcomes contracts

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.