Senior VC Vice President @ Citi Ventures in San Francisco, CA

Citi Ventures is the strategic venture capital arm of Citi. The team makes investments in and partners with high-growth private companies whose capabilities and/or customer bases are complementary to those of Citi. Citi Ventures invests for both strategic and financial return by leveraging strong relationships with and knowledge of the priorities of Citi business unit leadership, including U.S. Personal Banking, Wealth, Client, Banking, Markets, and Technology.

We are looking for a Senior Vice President who is highly motivated to (a) develop investment theses, (b) source and execute investments, (c) monitor and support portfolio companies, (d) drive commercializations, and (e) help build our franchise and develop talent. The engagement will help startups refine product roadmaps and/or enter commercial relationships with Citi and its clients, keeping Citi at the cutting edge of innovation and generating outsized financial returns. The role can be in NY or San Francisco .

Responsibilities

• Develop investment theses
  • Lead identification of internal business priorities.
  • Synthesize proposed investment theses/landscapes for prioritization by MD or Director and, once prioritized, lead the generation of such investment theses/landscapes.
  • Lead development and filtering of pipeline for priority trends.
• Source and execute investments in distinctive startups
  • Actively source investing opportunities leveraging internal and external networks and stating if related to “priority themes” or opportunistic.
  • Conduct initial deal filtering/share details/articulate POV.
  • Contribute to juniors’ deal filtering.
  • Execute new strategic investments: due diligence, documentation, internal approvals; lead follow-ons.
  • Maintain high quality analysis, including supervision of junior output.
  • Support negotiation and compliant transaction structuring.
• Monitor and support portfolio companies
  • Conduct portfolio management of existing investments, including support for governance, administration and portfolio lifecycle events.
  • Lead internal control function engagement for covered investments including quarterly risk and valuations process.
• Drive commercializations
  • Monitor and drive commercialization of covered portfolio companies.
  • Provide commercialization support & guidance to portfolio companies.
  • Support cross-Citi commercializations.
• Help build our franchise and develop talent
  • Establish business relationships across multiple product lines, including acting as ‘lead contact’ for some sub-products.
  • Develop working knowledge of most relevant business lines, plus more in-depth knowledge across 1-2.
  • Build relationships and leverage broader innovation functions and infrastructure.
  • Broaden external network across fintech companies, investors and ecosystem partners; lead Citi contact for some relationships.
  • Represent Citi externally in client, partner and fintech meetings.
  • Take up presentation opportunities on panels / roundtables.
  • Build strong relationships with other investing team members.
  • Manage junior team on investment proposals.
  • Support and mentor team AVP & analysts.
  • Develop and deliver team training material.

Qualifications

• Prior experience in Financial services is a plus.
• Drive and ability to collaborate in teams and work independently.
• Ability to articulate and debate opinions on potential investments.
• Ability to navigate a large financial services organization and to engage Citi execs and clients.
• Ability to supervise, mentor, manage and develop talent.

Education

• Bachelor’s/University degree from a top college or university, preferably in Economics, Engineering, or other analytical disciplines.

Benefits

Citi offers competitive employee benefits, including medical, dental and vision coverage; 401(k); life, accident and disability insurance; wellness programs; paid time off packages (vacation, sick leave, paid holidays). In addition to salary, Citi’s offerings may also include discretionary and formulaic incentive and retention awards. For additional information regarding Citi employee benefits, please visit citibenefits.com.

Location

San Francisco, California, United States (NY or San Francisco). Full-time.

Compensation

$163,600.00 – $245,400.00, plus discretionary and formulaic incentive and retention awards.