To apply for this job please visit www.socialfinance.org.uk.
About Social Finance
Social Finance (SF) is an ambitious not for profit organisation which seeks to drive social change. We work in partnership with government, funders and the social sector to tackle entrenched social problems in the UK and internationally. We seek transformation that is both sustainable and scalable and can harness investment where needed.
Founded in 2007, we developed techniques and tools to rethink ways to tackle social problems. Our compelling approach led to the first ever Social Impact Bond in Peterborough. Over the past 13 years, our innovations, including Social Impact Bonds, have helped to mobilise over £500m for social change, in over 24 countries around the world.
We have grown from 2 people to over 100 professionals from diverse backgrounds in the public, private and charity sectors, who all share a passion for making a difference. We are based in Vauxhall, London with sister organisations in the US, Israel, India and the Netherlands, as part of the Social Finance Global Network. We are regulated by the Financial Conduct Authority.
What we do
We develop models, products and services that are pragmatic and have the scope to drive systemic change to improve people’s lives. In the UK, we focus on issues such as homelessness, domestic abuse, mental health, learning difficulties, loneliness and vulnerable children on the edge of the care system. Internationally, we design outcomes-based models for issues such as maternal and neonatal health, education and employment.
Everyone at Social Finance believes that change is possible. Our unique blend of skills and backgrounds enables us to create breakthrough solutions to society’s toughest problems. To help us do it, we have three core values that guide everything we do:
Be ambitious for lasting change and don’t stop until social systems truly meet people’s needs. Change is hard but by juggling social insight, business flair and practical savvy we make it happen
Unearth the evidence, ask awkward questions and don’t give up until we get the right answer. Through rigorous thinking and learning from others we generate ideas that make a big social impact.
Be all ears, see all angles – we seek to understand, not to blame.
We embrace diverse backgrounds to build strong teams and create lasting partnerships for change.
If this sounds like you, then we’d love to hear more.
More information about us can be found on our website: www.socialfinance.org.uk
We are looking for both Senior Analysts and Associates to work flexibly across our different business areas, who are:
- Motivated by making social change happen
- Curious and interested to learn
- Innovative, creative thinkers, who like to solve problems
- Structured and analytical in their approach
- Self-motivated and adaptable with a temperament that suits the highs and lows of making change
- Team players who can build good working relationships with a variety of internal and external
About Your Work Here
Our teams work across many social issue areas. This includes working at the intersection of data, digital and public services in our Data and Digital team; partnering with local and central government and social enterprise in our Government & Enterprise team; investing in community-based services in Health & Social Care; transforming the relationship between health and work in our Health and Employment team; developing outcomes-based programmes in International Development; and working with foundations to build new partnerships to tackle social issues through our Impact Incubator.
As an Analyst or Associate, you may work on various types of projects, supported by more senior members of staff. Social Finance aims to create social change in partnership with like-minded organisations, and we use various avenues to do this:
- Systems thinking and design – developing innovative and long-lasting ways of solving social issues, ranging from new funding models to policy approaches, to service re-design solutions. For example, we have brought together several frontline charities to design a new programme of behaviour change to reduce domestic violence that is being scaled with support from the Home Office.
- Data analysis and research – from carrying out detailed data analysis to understand complex social issues, to conducting market research to advise investors on how they can generate a social and financial return, to helping government use their data effectively to make better decisions. For example, we draw together multiple data sets to identify which groups of young people are most at risk of poor long-term outcomes, such as unemployment, and use our conclusions to influence policy.
- Advisory work – assisting social sector and development organisations, and governments worldwide, to create new approaches to services and innovative funding mechanisms to underpin them. For example, we work with Local Authorities to design contracts based on the achievement of social outcomes to prevent young people going into care.
- Market building – from developing national strategies to create and develop SIB markets, to designing knowledge platforms that support the sharing of learning, to building the capacity of other players in the market to help replicate our work. For example, we work with governments and donors all over the globe to help create outcome-focused funds to improve the quality of primary and secondary education.
- Operational support – Individual Placement and Support (IPS) supports people with serious health difficulties to find and keep a job in an area that they are passionate about. We are working with NHS England to expand the number of people who have access to high quality IPS. We provide hands-on operational support to services, create and deliver free training and develop tools to help providers monitor their own performance.
- Fund management – from supporting the development of an investment pipeline and carrying out due diligence on potential investments, to monitoring the performance of existing investments and supporting investees achieve their targets. For example, we manage a social investment fund in the
health & care space which invests in social enterprises and projects with the aim of improving community health and wellbeing.
• Partnership building and relationship management- from working with frontline delivery partners, to coordinating with a range of local authority partners, to bringing together diverse sets of funders and investors. For example, Black Thrive works across government agencies, charities and community groups to address the inequalities that negatively impact the mental health and wellbeing of Black people in Lambeth and elsewhere.
If you are excited by the challenge of addressing some of society’s greatest injustices, we’d love to hear from you. We are looking for people with a mix of the following skills, capabilities, and experience:
- An understanding of social problems – you have work or lived experience of some of the challenges we may work on. This could also be academic, research or work experience.
- Data & analytical skills – solid analytical skills to conduct analysis independently. You pay attention to detail and quality control your own work to produce accurate and reliable outputs in PowerPoint, Excel and Word. You can create financial and operational models that address underlying problems, drawing from comparable models in the business, social and development sectors.
- User Research & Design Thinking – an ability to plan, design and implement user research strategies to understand service users and their needs. Synthesising research data to build clearer pictures of potential service users to feed into project/product design.
- Communication, stakeholder management & relationship building – you make effective contributions in external meetings and can anticipate, support and build credibility and effective working relationships, both within and outside Social Finance. You summarise and disseminate information effectively, have excellent writing, listening and inter-personal skills.
- Project management – you document and catalogue your work, prioritise and plan your own work streams, communicate project progress effectively, invest your time appropriately to answer research questions, and formulate consistent and insightful presentations of findings and conclusions.
- Teamwork – you are a team player with an ability to work independently when required. You are receptive to feedback and use it to continually improve. You are also open to giving feedback to others with the goal of maintaining a constructive working culture.
- Problem solving – you look at a problem with a creative lens and suggest alternative solutions to the norm.
No one person has all of these skills. Social Finance has intentionally brought together people with different backgrounds and skillsets to create a team with a range of abilities to address social challenges. To give an indication of the level of experience we’re looking for, your peers are likely to have 3-5 years of work experience.
Our Commitment to You
Social Finance offers a range of training and development support, using both in-house expertise and external partners to develop and deliver our training programmes. Alongside the Project Managers you work with day to day, your Line Manager will support you in your career planning and personal development. All new staff have a buddy in place to help them learn about life at Social Finance.
Should you be considered as a senior analyst, the fixed salary for this position is £35,000 per annum plus an additional 10% pensionable salary in lieu of benefits (total compensation of £38,500 per annum). If you are considered to be an Associate the fixed salary for this position is £40,000 per annum plus an additional 10% pensionable salary in lieu of benefits (total compensation of £44,000 per annum).
We offer a generous holiday allowance plus bank holidays and corporate leave between Christmas and New Year when the office is closed. We also offer a contributory stakeholder pension scheme, season ticket loans, bike to work schemes and Give as you Earn via salary sacrifice.
Encouraging community and wellbeing is important to us. We have a health and wellbeing plan to encourage better working practices for individuals. Social Finance is a disability confident committed employer as well as a founding signature of the UK social investment sector’s Diversity Forum manifesto.
Diversity and Inclusion
We need a diverse organisation to be effective. Our work requires us to bring together people with a broad range of skills and life experiences to ensure our impact across a range of social issues and systems. We are committed to having an inclusive culture and working environment in which everyone feels at home and is supported to achieve their potential. We know there is further to go and are implementing a Diversity and Inclusion strategy with a group of external experts to hold us to account.
We actively encourage applications from under-represented and minoritised groups, including those with lived experience of the social issues we are working to address. We are an equal opportunities employer.
We support a range of flexible working options and welcome UK based applications from outside of London/the South-East so far as they can meet the in-person meeting requirements for the role.
How to Apply
All applications should be registered via the Be Applied platform which can be accessed here.
This portal uses Applied to counteract unconscious bias in our hiring – helping us to do a better job of spotting talent where it doesn’t come with the trappings of privilege. We will shortlist candidates based on their answers to situational questions which aim to give us a sense of how you would approach the type of challenges we expect the successful candidate to take on. Most people find that answering those questions takes them about two hours.
Should you require any reasonable adjustments to allow you to attend an interview, please highlight this when you are invited.
Closing date for applications: Monday 27 September – 1pm