Introduction
Better Society Capital (BSC) has now been operating for over twelve years and we are currently nearing the end of our 2025 strategy to scale social impact investment and improve peoples’ lives in the UK. We are excited to have opportunities to recruit new Board members to join us in the next stage of our mission.
Better Society Capital is a financial institution with a social mission. It was set up in 2012 to build the social investment market in the UK, addressing some of the most intractable social issues in the UK. It gives charities and social enterprises access to repayable finance that enables them to grow and increase their impact on society. Over the last twelve years Better Society Capital has helped grow the social investment market almost ten-fold to £9.4bn in 2022.
Better Society Capital acts as both a champion for the social investment market and as an investor, providing capital to social finance intermediaries. These intermediaries provide finance and support to charities and social enterprises. Better Society Capital expects to continue to grow its investment portfolio and play a crucial role, alongside government, the social sector and other investors, in leading the development of a vibrant investment market in the UK.
Better Society Capital judges its success by the direct impact on people its investments make and the broader change it contributes to in the system of tackling social issues over the long term – through building sustainable enterprises, new impact financing approaches and changes in policy and markets – or more simply system change.
As a Disability Confident organisation, we guarantee an interview for all candidates with disabilities who meet the minimum criteria for the job. We are defining a disability in accordance with the Equality Act 2010, as a person who has a physical or mental impairment, and the impairment has a substantial and long-term adverse effect on their ability to carry out normal day-to-day activities. You will be asked in your application whether this applies to you.
Equality, Diversity and Inclusion: Better 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 and Non Executive Directors can contribute to their fullest potential. We want every colleague to be able to deliver their work with dignity, equality, comfort and independence. Our office is fully accessible with step-free access and an open-plan set up. We are open to accommodation requests regarding assistive technologies, accessibility tools, flexible working or any other reasonable adjustments that will make working or visiting here more accessible for you. If you have a disability or other access needs and require any support to assist you through the recruitment process, please get in touch with Kimberley Moyo at Kimberley.Moyo@green-park.co.uk
Role: Non-Executive Director
Location: London, EC4A
Accountable to: The Chair of the Board
Contract type: Initial 3 year term, Non Executive role
Remuneration: £8,700 per annum.
Overview of the Role:
Better Society Capital is looking to appoint a new Non-Executive Director. This is an opportunity to join a supportive, passionate and collaborative Board, lend your voice to the creation and shaping of this Company’s strategic direction and oversee the delivery of its mission and objectives.
The role would suit candidates who have a passion for improving people’s lives, an interest in being part of the solution to complex social issues, and a willingness and enthusiasm to represent Better Society Capital’s values through their attitudes, experience and by applying their skills.
The Better Society Capital Board believes that the Company’s leadership should be representative of its diverse stakeholders. Applications would be particularly welcome from candidates from backgrounds which are currently under-represented on the Board.
The social sector is a key stakeholder for Better Society Capital, and the Board seeks to ensure the right balance in its composition, between financial services and social sector experience. Candidates who have recent or current experience working in the social enterprise sector, particularly in management or CEO positions, or who could bring valuable insights from a social sector and/or social enterprise perspective would thrive in this position and be of great help to Better Society Capital in guiding it towards its mission.
Key Responsibilities of the Role:
As part of a supportive and collegiate Board you will work together to:
- Constructively challenge and contribute to the development and evolution of a strategy which should be driven by impact;
- Scrutinise the performance of management in meeting agreed goals and objectives and monitor the reporting of performance;
- Ensure that the Board represents and is mindful of the interests of the Company’s various stakeholders, including social enterprises, staff, investors, and fund managers;
- Consider whether financial information is accurate and confirm that financial controls and systems of risk management are robust and defensible;
- Uphold high standards of integrity and probity and support the chair and CEO in instilling the appropriate culture, values and behaviours across the Company.
The Role of the Board:
The Board as a whole is collectively responsible for the success of the Company. The Board’s role is to:
- provide leadership to the Company within a framework of prudent and effective controls which enable risk to be assessed and managed;
- set the Company’s strategic aims, ensure that the necessary financial and human resources are in place for the Company to meet its objectives, and review management performance; and
- set the Company’s values and standards.