Post Title / Head of the Social Investment Fund
Department / Support Services
Reporting to / Director of Finance & Support Services
Staff / N/A
Location / Based in Bath
Job Summary / To establish and manage a Social Investment Fund Programme to achieve both social impact and financial return in accordance with St John’s purpose and values.
Contract Type / 3 year Fixed Term, to be reviewed with view to become a permanent post.
Hours of Work / For this role, both the hours and work pattern is to be agreed. The normal hours of work at St Johns is 35 hours per week. Although additional hours may be required from time to time, this post does not attract overtime payments.
Principle Accountabilities and Standards /
- To establish and manage the Charity’s social impact investment portfolio through expert investment analysis, due diligence, monitoring and review.
- To set up and manage the social impact investment process, from assessing social investment opportunities, including taking expert advice as and where required and to make investment recommendations to the Social Investment Fund Panel and Investment Committee meetings.
- To work with external advisors and the grants team to analyse new potential social investments from both a financial and social perspective.
- To implement the decisions on approved investments including gathering and proofing all necessary legal and other documentation.
- To co-ordinate legal and tax advice relating to all financial and social investments.
- To prepare agendas and papers for Social Investment meetings and the Social Investment Fund Panel and Investment Committee meetings.
- To oversee and undertake monitoring and review of investments including observation of investees’ decision making processes, capturing, reporting back and contributing to the overall learning within St John’s.
- To work with colleagues to develop and implement controls that track, recover and forecast all cash flows relating to the social investments including income and capital distributions.
- To support the development of an appropriate framework for evaluating and monitoring the social impact of the Social Investment Fund, taking an outcome based approach to monitoring the social impact aligned to the charities aims and purpose.
- To conduct due diligence and financial performance assessments of all social investments.
- To have an accord with the Charity’s values.
Main Duties & Responsibilities /
- Managing social impact investments from engagement through to completion, providing appropriate guidance, feedback and support to applicants and investees.
- Manage, monitor, and report on the performance of the social impact investments, including financial analysis and managing investment processes.
- Producing and approving investment documentation and memoranda, including close management of these through the organisation’s required internal processes.
- Structuring investments from an optimal financial, asset allocation, risk and tax perspective in conjunction with external advisers.
- Building and developing relationships with other social impact and ethical investors, including private individuals, private banks, trusts, institutions and intermediaries and developing opportunities for co-investment with these groups.
- Development of social impact investments in areas of particular expertise, such as social care, property and asset management.
- Work closely with grant colleagues to understand the local market and explore opportunities to deepen our relationship with grant recipient organisations.
- Maintain clear systems for relationship management with co-investors and investees and adhering to internal policies, procedures and processes.
- Keeping abreast of new developments and players in the social finance, investment and impact sector.
- Building and maintaining profile and relations with other professionals and intermediaries within the UK social finance community.
- Such other duties as may be required from time to time to fulfil the needs of St John’s Hospital.
Written By / James Money-Kyrle
Date / October 2013
Person Specification
Post Title / Head of Social Investment Fund
Key Criteria / Essential / Desirable
Education & Qualification /
- A degree level qualification in a business or financial field
- Evidence of continuous professional development
- ACA, CIMA or MBA qualification
- Management competence
Experience /
- Proven 5 years post qualification corporate finance experience
- Investment Management expertise
- Experience of social investment in practice and a commitment to its joint aims
- Experienced in assessment of business plans or equity investments e.g. review of budgets, cash flow forecasts, dcf models etc
- Management in charity/not-for profit sector
Social Investment Fund Knowledge and Skills /
- Extensive track record of providing social finance advice including deal development, deal management and execution and due diligence reporting
- Proven track record of social investment reporting or accounting
- Preparing and shaping of compliant investment documentation to fit a specific client need and presenting this with clarity
- Used to data collection and an analysis including forecasting, charting trends etc
- Well practiced due diligence procedures
- Identifying and problem solving in a financial context
- Excellent financial modelling and ICT skills
- Can contribute detailed financial analysis and judgment. Understanding of current legislation in particular on investment, social finance, and charities
- Understanding of wider social investment issues
- Knowledge of voluntary and community development sector and ethos
- Statutory Financial accounting and reporting awareness
Personal Aptitudes and Skills /
- Analytical skills and the ability to present information in a simple way
- Combines quick thinking with precision, attention to detail and methodical approach
- Produces high quality business plans and reports
- Good networking, marketing and personal presentation skills
- Will be an active contributor to the team and agenda and can work under pressure
- Has the highest standard of personal integrity and discretion
- Can gain the respect of and shows respect to colleagues and external service providers
- Good interpersonal skills; the ability to deal in a helpful, friendly and professional way with people from a range of different backgrounds
- Good oral and written communication skills
- Ability to prioritise and manage work to meet deadlines
- Shows commitment to equality and customer care
- Able to work independently with minimal supervision
- Disclosure and Barring Service Certificate satisfactory to St John’s
Written By / James Money-Kyrle/TC
Date / October 2013