MBA Venture Summer Associate at Alloy Labs
TL;DR
Passionate about fintech? This opportunity puts you at the heart of the fintech world and VC. This is a full-time summer internship position working with our Ventures team.
What We Do
Alloy Labs is a consortium of community and mid-sized banks working together to operationalize innovation through collaboration, startup partnerships and strategic investments. Curious what we’ve accomplished? We launched a peer to peer network that got coverage in major publications like Forbes, Financial Brand and American Banker to name a few. Our Concept Lab is a ‘reverse accelerator’ that creates partnerships between startups and banks like the one between Carefull and the Cooperative Bank. We are also active strategic investors in the technologies and business models disrupting financial services like NYDIG and ClubNFT.
If we were a single institution, we would be a top 20 bank in the U.S.
What You’ll Do
Our $25M strategy-first venture fund is focused on Late Seed – Early Series A startups that are reinventing banking. We are strategy led vs return led investors pursuing themes (in and outside of fintech) that leverage our member insights. You will have access to grow your network (we co-invest with the top VCs in fintech), get an overarching view of fintech, and be involved in all aspects of the investing process (sourcing to portfolio management). No experience in venture capital is necessary, however a passion for fintech is a must.
Who You Are
Current MBA Student: You are currently enrolled in a MBA program willing to commit 10-12 weeks to a virtual internship.
Analytic: You’ll need some sort of background in doing analysis, however, we don’t expect everyone to be an x-consultant or investment banker. Experience in product development, sales, non-profit world or even the military may have given you the building blocks.
Passionate about Fintech & Startups: You are excited about the revolution happening in financial services and want to play a part. You actively read about the space and follow the fintech startup ecosystem.
Self-directed problem-solver: You are independent enough to seek solutions to issues as they arise, but humble and efficient enough to know when to ask for help.
Curious and Resourceful: You notice patterns and can “connect the dots”. You are comfortable developing and testing hypotheses through primary and secondary research.
What You Get
Alloy Labs is a preferred partner with the top fintech VCs and startups because of the strategic value we bring. In this role, you’ll interact with the movers and shakers that are changing the industry. You’ll leave this internship with a demonstrable set of skills and experiences that show you know how to hit the ground running in a venture role and access to our deep networks.
Email to introduce yourself, submit a resume, and ask questions: Kelsey Landau, kelsey@alloylabs.com
Logistics
We are, and have always been, a remote first company but we get together (pandemic not-withstanding) at events such as SXSW, Money2020 and Finovate. We value diversity and collaboration in all forms. We are intellectually curious, community minded and compassionate. The work environment is flexible and fun, but we are dead serious on the mission that financial technology and community banks play vital roles in improving customer lives.
