Jesuits in Britain Vacancy: Responsible Investment Intern

Role: Responsible Investment Intern
Contract: One year fixed, with possible extension
Reporting to: The JiB Treasurer (with initial guidance from the Trustee on responsible investment
Initial Salary: £22,000
Hours: 35 hours per week
Based at: 114, Mount Street, London W1K 3AH

Background

Jesuits in Britain (JiB) has more than £600m invested, with about 80% of that sum in shareholdings.  These funds provide a large part of the income needed for our works, subsidies and grants. 

Responsible investment assesses both what is good for us to make money from and limits damage that those sources might cause.  This is a work to promote greater social justice worldwide.

The Investment Committee has developed a growing awareness of the concern for Environmental, Social and Governance (ESG) issues.  To date, a member of the Committee who is also a trustee of the JiB has been the promoter of work in this area.

This work includes:

• Reviewing and updating our ethical investment policy.
• Checking on how our investment managers report on ESG, with a view to improvements.
• Participating in networks that promote responsible investment, such as Charities Responsible Investment Network and the Church Investors Group and benefitting from the research done by these and many other groups.
• Engaging with companies, in which we have shareholdings, to further certain objectives, such as questioning the level of fossil fuels financing by banks and promoting healthy foods at supermarkets or other such companies.
• Monitoring how our investment managers vote our shares at AGMs.

The Post

The person recruited, initially for a fixed term of one year, would take on the tasks mentioned above under the guidance of the Trustee deputed for concern on responsible investment, reporting to the JiB Treasurer. 

Qualifications

Academic: Ability to understand & advocate on financial and investment material

Experience: May be beginning in this field, but needs an awareness of investment issues, with a concern for social justice.  Good computer skills expected.

Qualities: Sympathetic to the mission of JiB

Applications

To send CV & Cover Letter to:  spowersj@jesuit.org.uk   with Subject Line:  ‘RI Intern’

By: 14th July 2023

Only shortlisted persons will be contacted. Further information can be found on the Jesuits in Britain website.