Managing Director, Venture Investing
Company: Citi
Location: El Sobrante
Posted on: January 26, 2023
Job Description:
The Citi Ventures Investing (CVI) team is Citigroup's primary
corporate venture group. We identify, source, cultivate
relationships with, and invest in entrepreneurs who will help
define the future of financial services. To attract and engage with
the best startups, CVI leverages the power of its franchise,
whether as a big tech spender ($8bn/year) or as the leading global
bank (operating in nearly 100 countries and serving more of the
largest corporates and investors than any of our peers).
Specifically, CVI fosters interactions among leading startups, Citi
executives ("BUs") and/or Citi's institutional ("ICG") clients to
identify win-win-win opportunities. Thus (i) startups gain access
to potential flagship clients and to subject matter expertise to
refine their go-to-market and roadmaps, (ii) BUs and ICG clients
gain exposure to exciting startups that can help them become more
innovative, and (iii) CVI gets to add value to its portfolio
companies and/or to nurture relationships with startups in which it
would like to invest. The CVI team is seeking a highly motivated
individual to (a) source and invest in leading fintech startups,
(b) engage with BUs and ICG Clients with two-way dialogue and
introductions, and (c) drive piloting and commercialization of
portfolio startups within Citi. The role is based in San Francisco
or Palo Alto. Position Scope & Responsibilities: As a Managing
Director on the Venture Investing team, the individual will:
- Join the senior management team of Venture Investing
- Source, lead diligence, and complete investments that support
our focus areas
- Manage portfolio companies post-investment, manage Citi
Ventures' relationship with portfolio companies
- Lead commercialization activity with emerging companies (both
portfolio and non-portfolio) by identifying leading startups,
driving pilot activity, and accelerating adoption of key
capabilities
- Build a pipeline of leading startups that fit with the
strategic investment themes
- Meet regularly with VCs and innovation partners and attend
conferences to maintain a pulse on market developments
- Develop market landscapes and points-of-view on emerging
trends
- Interface/interact with colleagues in BUs and IT to understand
strategic roadmaps and help synthesize Citi Ventures investment
themes and focus areas
- Lead internal thought leadership activities in coverage areas
by creating and disseminating synthesis of industry trends,
organize meetings with Citi management and startup roadshows
- Contribute to external communications to demonstrate Citi
thought leadership
- Represent Citi at external events and financial sector
forums
- Manage/mentor Citi Ventures' junior personnel to build and
strengthen Citi's market intelligence and innovation
capabilityQualifications/Experience desired:
- Bachelor's degree in an analytical discipline with 10+ years of
work experience
- At least 6 years of full-cycle venture investing experience
with a venture capital firm or in a corporate venture setting
- Network and connectivity within the venture and entrepreneur
ecosystem, especially in Silicon Valley
- Successful track record of investing and adding value to
portfolio companies
- Ability to think analytically about businesses, strategic fit
to Citi, and drive projects with a focus on creating impact
- Additional experience in strategy, or investment banking with a
focus on technology, is a plus
- Strong relationship management, communication, interpersonal,
and influencing skills at all levels within or outside the
organization
- A top-tier academic background; an MBA or other master's degree
is a plus - Job Family Group: Project and Program Management - Job
Family:Program Management Time Type: Full time Primary Location:
San Francisco California United States Primary Location Salary
Range: $275,000.00 - $400,000.00 Citi is an equal opportunity and
affirmative action employer.Qualified applicants will receive
consideration without regard to their race, color, religion, sex,
sexual orientation, gender identity, national origin, disability,
or status as a protected veteran.Citigroup Inc. and its
subsidiaries ("Citi") invite all qualified interested applicants to
apply for career opportunities. If you are a person with a
disability and need a reasonable accommodation to use our search
tools and/or apply for a career opportunity review Accessibility at
Citi .View the " EEO is the Law " poster. View the EEO is the Law
Supplement .View the EEO Policy Statement .View the Pay
Transparency Posting - Effective November 1, 2021, Citi requires
that all successful applicants for positions located in the United
States or Puerto Rico be fully vaccinated against COVID-19 as a
condition of employment and provide proof of such vaccination prior
to commencement of employment.
Keywords: Citi, San Francisco , Managing Director, Venture Investing, Executive , El Sobrante, California
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