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Review Vacancy

Date Posted 06/29/18

Applications Due07/30/18

Vacancy ID54748

AgencyEmpire State Development, NYS

TitleDirector, NYS Innovation Venture Capital Fund (Ref# SJ015)

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitNone listed

Salary RangeFrom $80000 to $80000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Exempt Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.5


From 9 AM

To 5:30 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

County Monroe

Street Address 400 Andrews Street

City Rochester


Zip Code14604

Minimum Qualifications EDUCATION & REQUIREMENTS:
Education Level required: Bachelor’s degree in relevant field. Graduate degree in finance, accounting, public administration, public policy, urban planning, business administration, or related field strongly preferred.
Equivalent Experience required: 5+ years’ experience working in finance, venture, venture law, angel investment, investment, contract law, economic development, small business support, community development, or public policy.
Knowledge required: Excellent program management, writing, researching, and presentation skills.
Strong understanding of small business support programs, community finance, policy, and public/ private/nonprofit stakeholders. Understanding of economic development issues and policy. Understanding of common small business challenges.

Duties Description BASIC FUNCTION: The Director is responsible for providing support to the NYSIVC Fund's Managing Director and senior staff in all aspects of the venture capital investment process and is integrally involved in all aspects of the NYSIVC Fund, including the identification of potential investments, due diligence related to those investments, and post-investment activities related to the investment portfolio.

•Participating in all aspects of the investment due diligence process including market sizing and mapping, competitive market identification, and industry research.
•Developing and maintaining financial models related to VC financings, investment deal and company restructurings, valuation analyses, and liquidity events.
•Preparing new investment deal review and presentation materials for the NYSIVC Fund Investment Advisory Committee and the ESD Board of Directors.
•Supporting active deal flow by sourcing new investments including participating in meetings with founders and entrepreneurs, attending relevant conferences and networking events, and maintaining deal pipeline records.
•Maintaining the NYSIVC company portfolio--This includes collecting and reviewing quarterly financial information, maintaining investment data, preparing company updates, and constructing professional presentation materials.
•Other duties as assigned.

Additional Comments -Salary starting at specified amount

-Comprehensive benefits package

*We are an Equal Opportunity Employer committed to diversity*

Some positions may require additional credentials or a background check to verify your identity.

Name Leah Schanke

Telephone N/A

Fax N/A

Email Address


Street 633 Third Avenue

City New York

State NY

Zip Code 10017


Notes on ApplyingSend resume to email address provided, indicating job title and reference # in subject line

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