Director of Fund Operations

Job Details

Job Title: Director of Fund Operations

Reports to: CFO

Salary: £66,500 -£76,500

Contract: Permanent; Full-time (open to considering part-time, flexible working options and job-shares)

Location: Hybrid / London, EC4A and homeworking

The oppeortunity

Big Society Capital is the UK's leading social impact investor. This role sits at the heart of delivering one of our most important initiatives - the Schroders/Big Society Capital Social Impact Trust. This is a world-leading listed investment trust enabling a wider range of investors to put their money to work to achieve positive social impact across the UK. The successful candidate will have responsibility for co-ordinating and executing vital operations for the trust including reporting, risk management and core policies, sitting at the heart of an energetic and committed team.

What you will do

1. Project Management

• Overall delivery and project management for SBSI annual report and interim report and any other complex deliverables (e.g. fund raise processes and operational due diligence (ODD) reviews).
• Creating and managing timetables
• Co-ordinating all BSC and external parties to deliver objectives
• Problem solving

2. Working with SBSI Board

• Point of contact for the Board
• Report on process, timetable and execution for key deliverables

3. Managing Risk

• Manage SBSI Risk Framework and relationship with Schroders Risk team, including stress testing cycle and key risk indicators - while individual risks sit with people across the team, this role holds overall co-ordination and ownership
• Supporting BSC CFO on reporting to BSC ARCC on controls and risk frameworks around SBSI, and potentially BSC risk framework

4. Process and Policies

• Joint ownership of key SBSI Policies with Investment/Product leads (incl Order Execution, TCF, Product Governance)
• Resolving any challenges or changes needed to processes we have developed around finance and operations
• Ownership of SBSI Process Manual and periodic review/updates
• Ensure proper functioning of BSC role as Portfolio manager under the terms of the Portfolio Management Agreement with Schroders

What you will bring:

Skills, Abilities and Attributes

• Excellent project management abilities and highly organised approach to complex initiatives
• Good at building relationships and working with multiple stakeholders
• Collaborative and co-operative, pro-actively solving problems with others
• Excellent communicator, both when presenting and writing

Embody Big Society Capital core values:

Ø Purposeful -We are passionate and energetic in our work to bring about our long-term vision of a thriving social investment market that enables positive social impact.

Ø Pioneering Spirit - We give our team the autonomy and flexibility to be entrepreneurial and creative. We have the courage to push boundaries and a restless drive for change

Ø Openness - We listen, learn, experiment and collaborate. And we are adaptive and flexible in responding to what we learn.

Ø Rigorous - We take a rigorous approach in all we do. We expect the highest standards and continually strive for excellence

Ø Respectful - We are genuine in both our approach and aspiration. We value each member of our team and our partners for what they bring.

Experience

• Experience of operational leadership and delivery in a financial services context
• Middle office experience in a financial services firm
• Experience of co-ordinating complex initiatives across multiple teams
• Skilled at working closely with investment and finance professionals
• Familiar with risk management practice in financial services
• Track record of interfacing and influencing senior executives and external stakeholders
• Experience of working with a UK listed investment trust, ideally involving private assets (Desirable)

Don't meet every single requirement? Studies have shown that women and people from racialised communities are less likely to apply to jobs unless they meet every single qualification. If you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

Other terms

• Location: We are a UK-based business with an office in the Chancery Lane area of London, accessible to a number of public transport links. Our current approach allows colleagues to spend 40% - 60% of their working hours in the office, and the remainder from home. We hope that this working pattern encourages Big Society Capital employees to achieve a healthy balance between work and personal goals, as we continue to adapt to the changing needs of our diverse workforce.
• Right to work: for candidates who do not have the right to work in the UK, Big Society Capital may consider visa sponsorship
• Equality, Diversity and Inclusion: Big Society Capital is committed to being a diverse organisation that is truly representative of the communities we serve. We therefore welcome applications from candidates of all backgrounds, particularly those under-represented in the social impact investment sector (e.g. people from LGBTQIA+; racialised; disabled; under-served communities)

We are an equal opportunities employer with an inclusive environment where all employees 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 Ruth Davidson (People and Talent Manager) at rdavidson@bigsocietycapital.com

How to apply:

Please apply via the Apply Button by midday Monday 31 October.

As a Disability Confident employer, 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 Applied application whether this applies to you.

If you have any questions about the position before making an application, we invite you to a virtual Open Hour with Hermina Popa (Investment Director, SBSI) and Ruth Davidson (People and Talent Manager) at 1.30pm on Tuesday 25 October via Teams. This is an open opportunity to meet the team and to explore the role and Big Society Capital a little further before you apply. For anonymity, attendees will have the option to remove their name and switch videos off. Please contact mrodrigues@bigsocietycapital.com if you would like to attend, and include what questions you would like us to cover - although we will aim to leave time for additional questions on the day.