Senior Associate
Commerce Ventures is a venture capital firm investing in early-stage companies shaping the future of retail, payments, banking, and insurance.
About Commerce Ventures
Commerce Ventures partners with early-stage companies building infrastructure for retail and financial services. The firm invests across retail technology, payment technology, banking technology, and insurance technology, typically participating from seed through later stages. It provides thematic investment support, industry networks, corporate connections, and access to founders, executives, advisors, and strategic partners. Its portfolio includes companies serving consumers, businesses, retailers, financial institutions, and insurance companies.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
The Senior Associate will support investment activities, drive due diligence, manage new-investment processes, build executive and founder relationships, support portfolio companies, and prepare market analyses and presentations for investment decisions.
Requirements
- Have 3–5 years of total prior work experience.
- Have 2–3 years of full-time experience as an investment professional at a technology-focused venture capital or growth equity firm.
- Have a track record of managing investment processes, leading financial analyses, and conducting customer and management diligence calls.
- Have 2–3 years of experience in investment banking, strategy consulting, or strategy, business development, or corporate development in a relevant sector.
- Have a strong understanding of financial modeling and accounting.
- Write investment memos summarizing financial analyses, market research, and company diligence.
- Have an undergraduate degree from a top-tier institution.
- Be located in or willing to relocate to San Francisco and work in person.
- MBA graduates must be graduating in Spring 2024.
- Demonstrate strong analytical, interpersonal, networking, and relationship-building skills.
Responsibilities
- Drive and review due diligence, including business analysis, industry theses, investment sourcing, competitive landscapes, business and pricing models, financial modeling, and deal structuring.
- Manage investment processes for new investments, including resource management and business and legal due diligence.
- Build proprietary relationships with industry executives and startup founders.
- Read and review business plans and pitch decks.
- Work strategically with existing portfolio companies as needed.
- Prepare market analyses and presentations to support investment decisions and engage corporate relationships.
- Contribute to weekly internal meetings on new investments and portfolio companies.