Investment Associate

Investment Associate

Ten Coves is a CT and NYC-based growth equity firm that invests in high growth, B2B software companies across the FinTech ecosystem where our capital, network, and decades of experience can help accelerate growth and value creation. Over the last 15 years, Ten Coves has backed over 30 companies across payments, Office of the CFO, banking & lending, asset & wealth management, capital markets, among other sectors; including notable names such as Bill.com (NYSE: BILL), HealthEquity (NASDAQ: HQY), Quovo (sold to Plaid), and Nvoicepay (sold to Corpay (NYSE: CPAY)). The firm has a long track record of success and closed its 4th fund in the last year, bringing total AUM to over $750M.

Ten Coves is currently seeking an Associate to join our investment team. This individual will play a critical role in identifying, evaluating, and executing new investment opportunities, as well as supporting portfolio companies post-investment. The ideal candidate is intellectually curious, self-motivated, and thrives in a dynamic, performance-driven environment where significant autonomy is afforded.

Responsibilities

This is a unique opportunity to join an experienced team of investors in an entrepreneurial setting with direct exposure across the entire investment lifecycle, and with significant upward mobility potential. Responsibilities include (but are not limited to):

• Sourcing new investment opportunities; in part by building and maintaining relationships across the fintech ecosystem
• Developing market research and investment theses
• Leading and presenting due diligence efforts, including financial modeling, customer and competitor analysis, and industry research
• Preparing internal investment committee memoranda
• Working directly with portfolio management teams to provide high-touch support throughout the investment lifecycle

Qualifications

We’re a lean team that values strong work ethic, an eagerness to learn, humility and a commitment to continuous improvement. We’re passionate about FinTech markets and partnering with companies to help support their growth, and are looking to add a strong self-starter who shares both our values and enthusiasm for investing:

• 2 to 4 years of work experience in investment banking, private equity, growth equity, venture capital or similar investing roles
• Strong record of academic and professional achievement
• Entrepreneurial mindset with the ability to prioritize, multi-task, and manage deadlines independently, while maintaining sharp attention to detail
• Excellent analytical, financial and accounting skills, including mastery of financial modelling
• Strong communication skills and comfort interacting with sophisticated counterparties
• High level of personal integrity, self-awareness, and maturity
• A team-oriented mindset with a healthy balance of self-confidence and humility
• Strong sense of accountability, ownership, and initiative

Compensation

• Market-competitive base salary and annual bonus; we anticipate a range of $200K to $250K depending on experience

Ten Coves is proud to be an equal opportunity employer.