Investment Director, Housing Lead

Big Society Capital

London, EC4

  • Location

    London, EC4

  • Job type

    Permanent

  • Sector

    Not for Profit

  • Salary

    Competitive Salary

  • Job ref

    GSe49373

  • Expiry date

    19 January 2019

  • Client

    Big Society Capital

Ref: GSe49373

Big Society Capital‘s purpose is to improve the lives of people in the UK, by connecting social impact investment to charities and social enterprises. We are a globally unique investment organisation that was set up in 2012 and since then have alongside our co-investors committed £1.3bn to new investments. As an investor, we seek to contribute to solutions to social challenges and we work with diverse partners to pro-actively identify problems and co-design solutions. We are now going to focus our effort more on three areas where our experience has shown us that there is a particular opportunity for social investment to make a difference: homes for those in need, supporting communities to improve lives and early action to prevent harm.

Housing is an area of strategic focus for us, with the goal of creating a fairer housing market where people, particularly vulnerable people, are able to live in secure and affordable homes and communities. The UK’s housing market is failing many people, with rising levels of homelessness and people living in unsuitable accommodation. Social investment is already tackling this by partnering with housing associations, developing new financial instruments to connect more capital to the sector and supporting specialist and smaller housing providers. We have already committed around £400m in housing alongside co-investors and housed more than 2,000 people. In our view, delivering the homes the UK needs will require new partnerships and a diversity of innovative solutions. As an investor driven by social purpose, we want to be part of those solutions.

We are now looking to recruit a talented new Director who will strategically lead our work in this area through a dedicated team. You will be in the driving seat to develop innovative partnerships and social investment propositions in housing with a wide range of key stakeholders, including institutional investors, housing associations, developers, national and local governments, charities and social enterprises, trusts and foundations. You will take responsibility for sourcing and analysing new investments that tackle housing need, identifying issues and business models within housing where social investment may have a role to improve or scale outcomes. Working with co-investors, intermediaries and housing providers, you will play a critical role in developing solutions that meet our social impact and financial objectives.  You will be required to take a collaborative approach to building proposals as well as assessing them and will also have responsibility for deal execution, from origination and due diligence through to legal documentation and closing, as well as portfolio monitoring and management.

We are seeking a strategic and entrepreneurial self-starter to make an immediate impact, and who is passionate about the role of housing in improving people’s lives. We require someone who is highly analytical, has investment experience, is able to develop key partnerships, and align themselves with our vision, mission and values.  If you feel you have the skills and experience we are looking for and are motivated to make a difference to communities across the country, we very much look forward to hearing from you.

Timetable
Closing dateFriday 18th January 2019
Longlist meetingw/c 21st January 2019
Preliminary Interviewsw/c 4th February 2019
Shortlist Meetingw/c 18th February 2019
Final Panel Intervieww/c 25th February 2019
How to Apply

The Investment Director will be selected on the basis of a combination of a written application and interview. To apply for the role, please provide the following:

  • an up to date CV (maximum 3 pages);
  • a supporting statement that addresses all of the bulleted criteria set out in the Person Specification and tells us why you are interested in this role;
  • the names and contact details of two referees who we may contact after the shortlisting stage (please note that we will not take up these references without advising you first).

Please ensure that you complete the equalities monitoring questionnaire that automatically appears on the GatenbySanderson website as you complete your application with us online. This form will not be disclosed to anyone involved in assessing your application.

We are committed to supporting the principle that everyone should have the same opportunities for employment, development and progression. This should be based on their ability, competence and suitability for the role. We welcome applicants from all backgrounds. 

If you have a disability, please indicate in your application whether you need any specific assistance or adjustments to enable you to be interviewed.

Contact details
Ludovica Orlando: 020 7426 3993

Jennifer Ross: 0113 205 6067