Investment Manager

Job title:             Investment Manager

Reference:         MM165

Contract:            Permanent, full time, 35 hours per week (2 days per week in the office)

Location:            London based with hybrid working

Salary:                Up to £50,000 per annum (depending on experience)

Do you want to lend with purpose? With CAF’s social investment team you’ll be responsible for the origination, assessment and management of loans to charities and social enterprises, strengthening their resilience and enabling greater social impact. You’ll identify and showcase effective models of impact, actively manage portfolio risk and steward philanthropic capital by aligning funders’ goals with the needs of social purpose organisations, working together with colleagues to drive meaningful change.

We’re looking for a talented Investment Manager to join our Social Investment Team at Charities Aid Foundation (CAF). 

What you’ll do

At CAF, every one of us contributes to our impact, and as our Investment Manager you too will play an integral part in what we do.

You’ll work as part of the Social Investment team lending philanthropic capital to social purpose organisations – building a more resilient social enterprise sector and greater impact outcomes.  You’ll develop a pipeline of opportunities and will be responsible for critically analysing potential investments through a social and financial lens, and present your written recommendation to our impact committee.   

As our Investment Manager you will:

• Evaluating loan applications from charities, social enterprises and community groups seeking to scale their social impact through repayable finance and strengthen organisational resilience
• Lead the due diligence process for new social investment opportunities, including site visits, financial and impact analysis, peer reviews and the preparation of high-quality recommendations to the Impact Committee; ensuring social impact objectives and financial risk are appropriately balanced, supported by robust sensitivity analysis
• Track, monitor and oversee a proportion of the social investment portfolio, proactively monitoring social impact, financial performance and risk profile, refreshing due diligence, and preparing loan variations where required
• Drive repeat investments and contribute to the development of new investment opportunities
• Provide support and advice to social purpose organisations, where appropriate, within wider CAF programmes building organisational resilience.
• Monitor and evaluate the social impact of the investment portfolio, identifying compelling case studies to support fundraising and stakeholder engagement

Who you’ll be

This role is for you if you have experience of working in a financial, business or charity environment or have relevant transferable skills and are keen to make a difference to society.

We are looking for:

• A team player who can well with others and share knowledge
• Strong financial skills and highly numerate
• A strong track record of lending, assessing financial data, or grant-making
• A good understanding of impact-focused social investment
• A passion for supporting social enterprises, charities and community groups of all shapes and sizes and the ability to understand and empathise with a range of social needs and charitable activities
• A proven ability to manage multiple activities and prioritise accordingly
• Self-motivated with the ability to thrive in a busy, collaborative team, demonstrating adaptability and flexibility
• The ability to confidently develop new relationships and work with a range of stakeholders

What’s in it for you

At CAF you will receive:

• Hybrid ways of working where roles allow
• Six weeks holiday plus bank holidays (pro-rated)
• Pension scheme with better-than-market employer contribution options
• Social impact benefit schemes

For all our employer benefits and to gain an insight into our culture and values, please visit cafonline.org/careers.

Who we are

The Charities Aid Foundation exists to accelerate progress in society towards a fair and sustainable future for all. Over the last 100 years, we have led the way in developing innovative approaches to giving. Annually, we distribute over £1 billion to social purpose organisations around the globe. 

As a leading charity operating from the UK, US and Canada, alongside an international network of partners, CAF works at the centre of the giving world. We collaborate with corporate and individual donors to enable them to give more effectively, strategically and impactfully. This includes connecting them to charities globally and providing access to our in-depth sector knowledge, governance expertise and innovative giving solutions. 

We help social purpose organisations to strengthen their resilience and do more of their life changing work, through strategic advisory services from our Impact Accelerator, tools to support charities’ fundraising activities, and charity financial services from CAF Bank Limited and CAF Financial Solutions Limited. Using our research, policy and campaigns work, we understand and influence the wider environment for charities and donors. 

Diversity and inclusion

We know that the more diverse and inclusive our organisation becomes, the more creative, effective and impactful we will be. Our aim is for our workforce to represent the society we serve, and we have embarked upon an ambitious pathway to achieve this.

We want to attract, retain and develop the best of talent at all levels, and provide a leading and great place to work, where every voice matters.

How to apply

The closing date for applications is 4 March 2026.  

We welcome applications from everyone who feels they meet the criteria, regardless of age, sex/gender, disability, race, religion, national origin, sexual orientation, marital, veteran or parental status.

Don’t meet every single requirement? If you’re excited about this role but your experience doesn’t align perfectly, we encourage you to apply anyway. You may just be the right candidate for this or other roles.

As a Disability Confident Employer, we guarantee to interview disabled applicants who meet the minimum criteria for the role. Please indicate on the application form if you would like to be considered as part of the Disability Confident Scheme.

To apply for this role you must be able to provide proof of your Right to Work in the UK.

So we can support you to be your best during the application or interview process, please contact our Recruitment team at recruitment@cafonline.org or 03000 123 566 to request assistance or reasonable adjustments.

Job Reference: MM165