3M Ventures Investment Director

3M•Maplewood, MN

1d•Onsite

About The Position

3M Ventures Investment Director Collaborate with Innovative 3Mers Around the World Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a wide variety of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers. This position provides an opportunity to transition from other private, public, government or military experience to a 3M career. The Impact You’ll Make in this Role As an Investment Director, in 3M Ventures you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative people around the world. Here, you will make an impact by: Leading 3M venture investments aligned with areas of strategic interest across 3M’s broad set of businesses Managing the entire investment process, as needed, including mapping investment trends, developing investment themes, building, sourcing and maintaining a pipeline of relevant investment opportunities, conducting due diligence and valuation analysis, to pitching deals to the Ventures Investment Committee, closing deals, and managing portfolio companies and board observer roles post- investment Leveraging investment experience to coach and lead a team of investment managers Working closely with business and technical leaders to develop collaboration plans that provide value to 3M and partner companies, while forming trusted relationships with senior decision makers that enable effective communication and alignment around critical business decisions related to our projects Developing creative and highly tailored deal structures and processes that result in optimal solutions for unique project objectives

Requirements

Bachelor’s degree or higher (completed and verified prior to start) from an accredited institution
A minimum of 5 years of active Corporate Venture Capital (CVC) or Venture Capital (VC) experience
Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Nice To Haves

Experience in deep tech field
MBA, or undergraduate or higher degree in engineering or technical field
Entrepreneurial, business management, strategy, consulting, investment banking or business development experience, including strong knowledge of finance and various valuation techniques
Experience as a board member or board observer for a venture-backed startup
Strong negotiation skills, with the ability to effectively engage directly with target company senior management

Responsibilities

Leading 3M venture investments aligned with areas of strategic interest across 3M’s broad set of businesses
Managing the entire investment process, as needed, including mapping investment trends, developing investment themes, building, sourcing and maintaining a pipeline of relevant investment opportunities, conducting due diligence and valuation analysis, to pitching deals to the Ventures Investment Committee, closing deals, and managing portfolio companies and board observer roles post- investment
Leveraging investment experience to coach and lead a team of investment managers
Working closely with business and technical leaders to develop collaboration plans that provide value to 3M and partner companies, while forming trusted relationships with senior decision makers that enable effective communication and alignment around critical business decisions related to our projects
Developing creative and highly tailored deal structures and processes that result in optimal solutions for unique project objectives
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.
Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.