Providence Health & Services Venture Capital Principal in Seattle, Washington
Providence Ventures (PV) is the venture capital fund for Providence St. Joseph Health (PSJH). The fund is designed to achieve venture class returns through direct investments in innovative healthcare companies that improve quality and convenience, lower cost and improve health outcomes.
We are seeking a Venture Capital Principal in Seattle, WA to support Providence Venture’s Partners on investment transaction-related efforts, and sourcing/leading his/her own investments, including developing financial models, performing primary and secondary market research, meeting with entrepreneurs, and attending relevant conferences and networking events. The Principal will be expected to source a growing number of investment opportunities and formulating proactive investment theses on areas of interest. This position will provide all facets of analysis and assessment of potential venture capital investments and portfolio management activities, and the Principal should show the ability to establish "go-to" relationships with prospective company management teams when leading investment processes. The incumbent performs all duties in a manner that promotes Providence mission, values, and philosophy. In all aspects, he/she serves as a role model for the values and mission of the organization.
In this position you will have the following responsibilities:
Develop financial models relating to VC financing transactions, restructurings, valuation analyses and liquidity events.
Perform due diligence such as customer and management references, industry research (e.g. market sizing and mapping and competitive landscape analyses), while demonstrating the ability to form a viewpoint on investment opportunities.
Craft investment memoranda and presentation materials for the partnership, and in a lead investor capacity, to include developing and refining presentation themes, data gathering and synthesis, and constructing professional presentation materials.
Work with portfolio companies to enhance operations and performance, report on portfolio company’s performance and supporting them on ad hoc projects.
Create processes and infrastructures to ensure long-term scalability of PV's investment process.
Demonstrate an ability to leverage an existing network of relationships that can enable the professional to source a growing number of compelling investment opportunities.
Show a maturing ability to present investment opportunities to PV's Executive Investment Committee.
Required qualifications for this position include:
Bachelor's Degree in Business/Finance or Technology-related Field
8 years of experience in investment banking, venture capital, strategy consulting, relevant corporate development role, or some combination of the above. Or, strong entrepreneurial experience (e.g. from launching a tech start up), in conjunction with demonstrated facility in all financial aspects of transaction-related work
Ability to analyze a wide variety of businesses in technology, software and digital media.
Ability to self-direct, analyze, evaluate, and form independent investment judgments.
Excellent organizational skills with a “self-starter” mentality and also a strong attention to detail.
Strong written and verbal communication capabilities
Strong financial modelling capabilities / Professional Excel and PowerPoint experience
Direct or indirect exposure to healthcare technology businesses
Preferred qualifications for this position include:
- Master's Degree in Business/Finance or Technology-related Field.
A small but growing team - we’re good at what we do and enjoy working together.
Autonomy and respect from day one
An environment that is scrappy, flexible, and values tenacity
Generous vacation, benefits, flexible work, and matched 403b
The best tools money can buy
You’ll be surrounded by a team of people who have transformed industries and have come to Providence to transform health care delivery. You will have the best of both worlds- the exhilaration of an incubation organization paired with the resources and security of an industry healthcare leader.
What drives us:
As employees of the Providence Ventures team, we passionately serve the people of our community. We are dedicated to removing obstacles that limit access to quality health care and enabling people to live healthier lives.
Learn more about us here: http://www.providenceventures.org/
We offer a full comprehensive range of benefits - see our website for details
As expressions of God’s healing love, witnessed through the ministry of Jesus, we are steadfast in serving all, especially those who are poor and vulnerable.
Providence Health & Services is a not-for-profit Catholic network of hospitals, care centers, health plans, physicians, clinics, home health care and services guided by a Mission of caring the Sisters of Providence began over 160 years ago. Providence is proud to be an Equal Opportunity Employer. Providence does not discriminate on the basis of race, color, gender, disability, veteran, military status, religion, age, creed, national origin, sexual identity or expression, sexual orientation, marital status, genetic information, or any other basis prohibited by local, state, or federal law.
Job Category: Finance & Accounting
Req ID: 198223