Investment Manager

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Investment Manager
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Direct message the job poster from Vivensa FoundationFounder and Director, Careers4Change,recruiting for social impact
Job Title: Investment ManagerLocation: London with hybrid office and home-working arrangementsReporting To: Chief Investment OfficerContract: Up to 12 month FTC (starting in October 2025)Date Closes: Fri 12 Sep 2025Role PurposeThe Vivensa Foundation are seeking to recruit an Investment Manager on a one year fixed-term basis, to support the organisation in deploying and managing its social investment portfolio. (There may be an opportunity for the role to progress to a permanent position, depending on available funding and personal performance).It’s an exciting time to be joining our organisation. We’re looking for people with the commitment, vision and expertise to work with our small but highly experienced and professional executive team, allowing us to support innovative approaches that can help deliver our mission of ageing well.In the spring of 2025, the Vivensa Foundation launched its new strategic framework and identity. Formerly known as the Dunhill Medical Trust, it was back in the 1980s that our founder’s niece recognised that the shifting demographics would drive a need for investment in a high-quality research base to improve our understanding of the mechanisms of ageing and ageing-related disease, together with the delivery of innovation to improve health and social care services for older people.Our charitable objects were never more relevant than they are today and the opportunities are immense to support our academic and clinical researcher community to make real systemic change. The Foundation plans to play its part in three broad ways:investing in ideasconnecting research and practice andfostering flourishing communities.With our new identity and with our refreshed Strategic Framework and priorities for the next five years in place, we are now looking forward to writing our next chapter. As an independently endowed charitable foundation, with an endowment now valued at c. £170M, we are keen to leverage all the resources at our disposal in pursuit of our mission – not just the funding we distribute annually in grants. That has led us on a journey of reviewing how our money is invested, resulting in the Foundation making a commitment to allocate £5m of its investable assets, for the purpose of making social investments. The Social Financing Policy outlines the Foundation’s ambition to invest £5M, to support a variety of ideas that align to the organisation’s mission of ageing well. A range of financial mechanisms may be deployed, such as repayable grants, low interest loans, outcomes-based contracts or equity investments – providing capital both directly to purpose-driven organisations (such as charities or social enterprises), or indirectly through investment into pooled funds whose underlying investments are in companies which are substantially supportive of our mission.We’ve made a handful of investments to date – from a commitment to a science-for-impact venture capital fund – Zinc, to a direct equity investment in a homecare business, BelleVie. But with the volume of investments under consideration likely to increase over the coming years, we are looking to put in place the internal resource and processes to support the Foundation’s social investment ambitions, leading to the creation of this role.Key Responsibilities:The Investment Manager role will support the Foundation’s social investment activity, providing additional capacity and resource, working closely with the Chief Investment Officer and Social Financing Committee, across the following areas:Investment sourcing and due diligence:Develop a pipeline of suitable social investment opportunitiesAssess pipeline opportunities to identify relevant and mission-aligned investment propositionsSupport potential investees through the investment appraisal process, providing financial advice and business supportAnalyse financial, operational and impact aspects of investment proposals, summarising assessments into investment memosSupport with execution of approved investments, including drafting and negotiating legal agreements, with support from external legal counselDevelop appropriate reports and tools to support with the management of the existing portfolio investmentsMonitor both the financial and non-financial (social impact) performance of investments, identifying suitable metrics to measure and report on an on-going basisBuild effective partnerships with investees, providing support and advice, leveraging the expertise of the Committee and wider organisation, where relevantReporting and governance:Prepare investment recommendations, due-diligence reports and related materials for the Social Financing CommitteeFacilitate the Social Financing Committee investment decision-making processes, with support from the Chair and CIODesign suitable management reports to support Board and Committee oversightSupport the learning and development of others, including sharing advice and knowledge with team colleagues and with fellow charitable foundationsCollaborate with other investors including participating in relevant social investor forums and attending impact investing events.Person SpecificationProspective candidates should be able to demonstrate the required attributes and essential skills, with a preference for those who can evidence some of the desirable experience.AttributesEmbodies the Foundation’s values with an interest in supporting the organisation’s mission and vision.Structured thinker who can deal with complexity and distil complex information.Self-starter who can work independently under their own initiative and proactively seek support when required.Collegial collaborator, comfortable with the flexibility required in a small organisation, to contribute across a wide range of tasks.Passion for improving the health and wellbeing of older people.Essential skills and experienceUnderstanding of context in which modern charitable foundations work, particularly in relation to investment guidance provided by the Charity Commission.Strong financial analytical skills, with an ability to assess financial statements, stress-test financial models and evaluate financial performance.Experience in conducting due-diligence processes and preparing investment recommendations.Understanding of social impact and systems-thinking, with the ability to recognise theory of change models and evaluate planned outcomes – both financial and social.Desirable skills and experienceKnowledge of financial products and structures, such as repayable grants, low interest loans, outcomes-based contracts or equity investments.Experience of investing directly in small-scale social or community enterprises with an understanding of the legal and tax implications.Experience of running a small team or social enterprise, particularly within the clinical, medical and/or health and wellbeing sectors.Knowledge of delivering innovation in healthcare, social care or academic and clinical research settings.Completion of a relevant professional financial qualification such as ACCA/ACA or CFA, for example.How to ApplyPlease send your CV, with a covering letter of no more than one full page addressing how you meet the needs of the person specification to Careers4Change.Our online EDI form is optional and you do not have to answer any / all of the questions. However, we encourage you to complete it, as gathering this information helps us to know if we are succeeding in involving a diverse group of people in our work, and that we need to change our approach if we find that there are some groups we are not reaching.Your application will be anonymised before it is considered by the recruiting panel and the panel will not have access to any information you have provided in our EDI form.CVs without covering letters will not be considered. We also recognise the potential of generative AI to contribute to the creative process and we encourage its ethical and constructive use. This includes acknowledging it whenever it is used. Therefore, please reference generative AI in your written application if you have used it.We recognise the inherent benefits of having a diverse team and the negative impact of discrimination on us and the communities that we serve. We work hard to promote a culture of respect and dignity and work within the practice – and the spirit – of the Equality Act 2010. We do our very best to proactively combat behaviours and barriers that can lead to discrimination. If you wish to make your application in a different format to the one stated, please contact us and we will do our best to accommodate your needs.Seniority level
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