Carina Initiatives
Carina Initiatives is a philanthropic fund working to send more kids from more communities to the frontiers of science and technology. We see math as fundamental to future innovation; we fund and support organizations that inspire, unearth, and train math talent.
The Role
Carina is looking for a Senior Associate- Investment Management. This new role reports to the Co-Founder/ COO.
The Senior Associate will support the team in evaluating, negotiating and monitoring investments that further Carina’s charitable mission. You’ll participate in or lead all aspects of the investing cycle: landscape research, financial modeling, structuring, due diligence, and document negotiation. Post-close, this role will take a hands-on approach, acting as a resource for our portfolio companies, helping them execute strategic initiatives. This Senior Associate will also have the opportunity to be a board observer for investments and support the team in preparing for board meetings.
We are looking for someone with international deal experience across many domains, structures and check sizes.
Responsibilities:
- Market and industry research: landscape reviews, trends analysis, prior transaction evaluations
- Evaluation: evaluate opportunities that would support Carina in meeting its strategic goals, help manage the pipeline, assist with initial screenings
- Investment analysis and execution: financial modeling, due diligence, deal documentation, negotiations and investment committee recommendations
- Monitoring and portfolio support: oversee compliance, reporting, board participation and general strategic support
- Work with Co-Founder and external legal and audit teams on all regulatory and tax compliance matters related to philanthropic investments
- Support ad hoc data analysis projects.
Skills and experiences you’ll need to bring:
- 3-6 years of relevant transactional experience.
- A degree in business, economics, or quantitative field; MBA or quantitative Masters ideal but not required.
- Excel/Sheets and database savvy. Capable of building a variety of modeling tools.
- Advanced knowledge of finance, accounting and valuation concepts.
- Solid communicator, ability to interact with external advisors, funders and founders.
Big pluses:
- Experience working in or adjacent to the education, research, or gaming industries
- Exposure to non-profits and/or startups
Preferred Location: Remote and/or Southern California. Open to a fully remote US-based position with light quarterly travel.
We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, veteran status, gender identity, genetic information, or any other characteristic protected by federal, state, or local law.
Salary: $100K-150K