Senior Associate / Vice President at IrishAngels Ventures

Location: Chicago, IL
Date Posted: 01-08-2018
IrishAngels Ventures seeks a Senior Associate/Vice President (SA/VP) to join the organization. IrishAngels Ventures is a first-time fund so flexibility and an entrepreneurial mindset are essential. This is a high-risk, high-reward opportunity for the right individual. As a key contributor to the team, the SA/VP will focus on internal firm operations, new investment opportunities, and portfolio company management and reporting.
 
This individual must have a strong background in startup operations, banking, private equity, or venture capital. Five years of work experience is required, and an MBA is strongly preferred. Please note that a Notre Dame degree is not required for this role.
 
The skills essential to success in this position include project management, data analysis, financial modeling, business writing, and sales/networking. Candidates must have attention to detail and the ability to execute quickly and effectively. Comfort with ambiguity and a collaborative approach are critical to success.
 
 
Key Responsibilities
 
Internal Operations
  • Manage IrishAngels technology and software platforms, including the website.
  • Ensure compliance with IA’s security policy.
  • Execute the social media and blogging strategy.
  • Coordinate and distribute press releases for all new investments.
  • Manage the internship program.
  • Plan events for LPs and portfolio company CEOs as needed.
 
Investments
  • Assist in deal sourcing.
  • Conduct initial interviews with companies.
  • Maintain the IrishAngels deal database.
  • Conduct industry research to stay on top of trends that are relevant for IA’s investment thesis.
  • Own the due diligence process and memo creation, incorporating improvements and updating templates and resources periodically.
  • Manage the deal close process (i.e., documentation and reporting).

 
Portfolio Company Management & Reporting
  • Work with fund administrator to manage quarterly and annual portfolio company reporting.
  • Assist accountant with audit, taxes, etc. as needed.
  • Collect, record, analyze, and report on all IA data and metrics (i.e., KPI dashboard, unrealized return analysis, anti-portfolio, etc.)
  • Coordinate the preparation and distribution of all limited partner communications.
  • Make connections and provide assistance to portfolio companies, largely through networking.
 

Qualifications
 
  • Strong investment background having completed numerous transactions at an investment bank, private equity firm, or venture capital fund OR relevant experience operating a startup at the executive level.
  • High interest in and acute understanding of entrepreneurship and what it takes to be successful as an entrepreneur.
  • High risk tolerance.
  • Self starter and comfort with executing when there is limited information and/or guidance available.
  • Intellectually curious and a fast learner.
  • Effective networker and high comfort interacting with senior level executives on a regular basis.
  • Strong written and oral communication skills.
  • High level of maturity; strong executive presence.
  • Able to work independently or in a team setting.
  • MBA or other advanced degree is strongly preferred.
 
The SA/VP reports to the IrishAngels Managing Partner and will interact with the IrishAngels limited partners, service providers, and prospective and current entrepreneurs frequently. This is a full-time role and is based in downtown Chicago. No relocation assistance will be offered for this role, so candidates must either be local or willing to self-relocate. The position includes a salary and benefits as well as some carry in the fund. The exact title of this position will be determined based on level of experience. 
 
 
About IrishAngels Ventures
 
IrishAngels Ventures is a $12.7+ million early stage investment fund that aims to identify and invest in promising technology startups. The first close of this fund occurred on October 13, 2017, and another closing is slated for Q1 2018. The Fund will build on momentum generated and insights gained from the IrishAngels Network, a Chicago-based angel investing network formed in 2012 and affiliated with the University of Notre Dame that has deployed over $17 million into 33 early stage portfolio companies.
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