About the Job
Thank you for taking the time to consider the role of Investment Committee Member at Big Society Capital.
The Investment Committee plays a crucial role at Big Society Capital. It approves all of our social investments, currently around £70-90m per year, and takes an overview of our investment strategy. The Committee includes Big Society Capital’s Chair, CEO, Chief Investment Officer and a mixture of other executive and non-executive members.
This is a fantastic opportunity for an experienced non-profit sector professional to play a strategic role as part of Big Society Capital’s Investment Committee.
Overall Purpose of the Role:
We are looking for a new non-executive member for the Committee, who can bring insight, rigour and new perspectives to our decision-making. We are particularly looking for someone with a strong understanding of and credibility within the non-profit sector.
Big Society Capital is committed to being a diverse organisation that is truly representative of the communities we serve. We are an equal opportunities employer with an inclusive environment where all employees can contribute to their fullest potential. We especially welcome those from groups that are under-represented in social investment.
- Experience of leadership or governance within the non-profit sector – charities, social enterprises or foundations (either UK or international)
Strong understanding of a range of social issues and the needs of the organisations that address them
- Demonstrated ability to use complex financial information in decision-making
Ability to take a strategic view across competing priorities
- Commitment to Big Society Capital’s mission to improve the lives of people in the UK through investment with a sustainable return
- Ability to perform an advisory role, communicate complex issues clearly and to engage in challenge and debate in a constructive way.
- Experience of making and/or taking on investments, ideally investments with a social purpose
- Experience of developing strategies to achieve social change at a systemic level
- Familiarity with different types of investment product.
Terms of appointment:
The Investment Committee meets around 20 times a year, usually first thing on a Wednesday. There is a significant amount of information provided for each meeting to inform decisions
Members also need to be available for ad-hoc conversations with members of the investment team who are working on an issue on which the Member may have particular insights. Total time commitment is 7-8 hours per month on average
The role reports to the Chief Executive. The appointment is for an initial three-year term, with possibility of renewal
Remuneration: £5,635 per annum
All applicants must have an existing Right to Work in the UK
Big Society Capital is committed to being a diverse organisation that is truly representative of the communities we serve. We are an equal opportunities employer with an inclusive environment where all employees can contribute to their fullest potential.
Big Society Capital
As the UK’s leading social impact investor, our role is uniting capital, expertise and ideas to create better lives. Working with expert partners, we seek to understand
people’s needs first. Then, using our knowledge and capital, we collaborate and invest with fund managers who also want to create a better, sustainable future.
They, and the social enterprises and charities they invest in, create the impact. Our role is to bring the most relevant experts from our network to the table, generating ideas and connecting capital to where it’s most needed.
We want to give more people and communities the chance to have an impact on the issues they care about – from affordable homes, to vulnerable older people and preventing mental ill health. In this way, we create opportunities for investors and enterprises to generate systemic social change, not just for today but for
generations to come.