Impact Manager @ Better Society Capital in London, England

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.