Citi Ventures Venture Capital Investing Senior Vice President - New York or San Francisco

Citigroup • San Francisco, CA

298d • $163,600 - $245,400

About The Position

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. The Citi Ventures team is seeking a Senior Vice President. We are looking for a highly motivated individual 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. Our engagement with distinctive startups and with Citi colleagues and clients is expected to help such startups refine their product roadmaps and/or enter into commercial relationships with Citi and/or its clients, Citi stay at the cutting edge of innovation, and Citi Ventures generate outsized financial returns. The role can be in NY or San Francisco.

Requirements

• 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

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

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree