This job is closed
Applications are no longer available for this announcement. Explore current related opportunities below.
Job description
We are seeking aVice Presidentto join the Citi Impact Fund investment teamand work across our four verticals.The $500million Citi Impact Fund was first launched in 2020, born out of the belief that venture investing could play a meaningful role in advancing economic opportunity for underserved communities. We make direct equity investments in “double-bottom line” U.S.-basedstart-upsthat are applying innovative solutions to help address some of society’s most pressing challenges.
Based in New York, the candidate will workalongside members of the investment teamoninvestment execution,duediligence, portfolio management, sourcing strategyand partnership activities with the impact investing and startup community.In addition, this person will partner with subject matter expertswithinCitito drive collaboration and findopportunitiesto advance the success of our portfolio companies and thefield as a whole.
Investment Focus Areas
Climateresilience:Solutionsfor climate transition,mitigationand adaptation to protect our natural and built environments from the harmful effects of climate change, which disproportionatelyimpactunderserved communities
Financialresilience:Solutions that provide underserved communities with opportunities to create, manage and build financial resilience and wellness
Social infrastructure:Solutions that expand access to essential services including housing,healthcareand transportation for underserved communities
Future of work:Solutions that provide access to stable, quality jobs, offer modern, relevant education and training for workers and students and re-imagine how we balance work and life.
Key Responsibilities
Leaddiligenceand investment thesis buildingon prospective investment opportunities;prepare investmentmemorandums,buildfinancial models,conduct market research andpresent to internal investment committeeandmanageapproval processes
Work cross-functionally within the firmon both new investment andfollow-on investmentprocesses;maintainclose relationships and build trust with business partners internally
Support sourcing, market landscaping and thesis building activities within the Fund’s focus areas
Developstrong relationships with keyventure capital,impact investing,andstart-upecosystem playersand represent the Fund at industry events
Managea portfolio of investments,monitoring company performance,trackingfinancial and impact results,and preparinginternalquarterly portfolio reviewsandotheranalyses
Support follow-on investmentopportunities, including diligence,approvals,executionand structuring
Support portfolio companies by attending founder meetings and enabling partnerships across Citi to help support portfolio company growth
Leadinternal partnerengagementongovernanceandoperationalitemsoverthe life cycle of an investment
Manageportfolioanalysis and dataprojectsforCiti risk and control functions andfirm-wide reportingneeds
Qualifications
Commitment to the Citi Impact Fund’s mission and desire to innovate in impact investing
2+years of experience inprivate equity / venture capitalinvesting; total of 5+ years of experience in relevant role (investment banking, strategy consulting, corporate finance, or direct business experience in oneof the fund’s investment verticals)
Strong preference for directinvestingexperiencein at least one of Citi Impact Fund’s key verticals; specific experience or interest in impact investing strongly preferred
Candidate must have strong finance and investment acumen including an ability to develop and manage complex financial models, conduct rigorous primary market and industry diligence,prepare valuationanalysisandsynthesize in written investment materials
Strong communicationand relationship management skillsas well as an entrepreneurialspirit
Attention to detail and desire to deliver high qualitywork productsthat drivekeydecisions
Confidentinterpersonal skills and comfortcontributing todiscussions at senior levels
Natural curiosity for learning new things and proactively sharing information with others
Strong senseof urgency in driving projects to completionand ability to prioritize assignments and work in a fast-paced environment
Bachelor’s degree, preferably in technical/analytical discipline
#J-18808-Ljbffr
Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.