Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currency and public blockchains for payments, commerce and financial applications worldwide. Circle platforms and products provide a suite of internet-native financial services for payments, treasury infrastructure and capital formation. Circle is also a principal developer of USD Coin (USDC), which has become the fastest growing dollar digital currency in the world. USDC has grown to over 23 billion in circulation and supported over $640B in transactions in the past year. Circle’s payments and treasury infrastructure services available through the Circle Account and APIs helps bridge the legacy financial system and digital currency and blockchain based finance. Circle’s SeedInvest service brings internet-native fundraising and capital formation to startups and growth companies. Combined, Circle’s suite of services helps companies to participate in a more open, global and inclusive financial system.
What you’ll be part of:
With the mission “To raise global economic prosperity through the frictionless exchange of financial value,” Circle was founded on the belief that the internet, blockchains and digital currency will rewire the global economic system, creating a fundamentally more open, inclusive, efficient and integrated world economy. We envision a global economy where people and businesses everywhere can more freely connect and transact with each other with new technologies for digital money and internet-native finance. We believe such a system can raise prosperity for people and companies everywhere. Our mission is powered by the values we espouse and which we expect all Circlers to respect. We are Multistakeholder, serving the needs of our customers, our shareholders, our employees and families, our local communities and our world. Furthermore, we are also Mindful, Driven by Excellence, and High Integrity.
What you’ll be responsible for:
In this exciting opportunity, you will be the first core team member of Circle’s Venture initiative within the Finance group. The Investment Manager will be an integral part of the team with emphasis on setting up the investment fund and driving strategic engagement and innovation for Circle. The role will lead the identification, evaluation and execution of new investment opportunities focusing particularly on crypto and payments. This is not a ‘9-5’ job so please do not apply if this is what you are looking for. You will partner with the VP of Finance to build out a strong pipeline of opportunities focused on driving growth for Circle. We are looking for an ambitious, ‘no job is beneath me’ attitude, highly motivated individual who seeks a collaborative, iterative and fast-paced environment. You will have an opportunity to grow your career in an exponential way but will require your hard work and dedication.
What you’ll work on:
Developing investment theses and conducting market and industry analyses, with a passion for crypto and payments
Leading the full lifecycle management of deal pipeline including sourcing, evaluating, transacting, and managing investments
Proactively identifying potential investments, meeting and qualifying startups; will have extensive exposure to and be expected to develop strong relations with the venture and entrepreneurial communities
Evaluating potential target and business cases from strategic, operational and financial valuation perspectives
Providing key analysis and support for transactions and working closely with internal and external partners to execute investments
Developing detailed financial models and related valuations
Preparing and communicating recommendations to investment team
Responsible for ongoing monitoring and managing relationships with investment companies and the investment portfolio review process
Support Finance / Legal / Compliance teams
You will aspire to our four core values:
Multistakeholder – you have dedication and commitment to our customers, shareholders, employees and families and local communities.
Mindful – you seek to be respectful, an active listener and to pay attention to detail.
Driven by Excellence – you are driven by our mission and our passion for customer success which means you relentlessly pursue excellence, that you do not tolerate mediocrity and you work intensely to achieve your goals.
High Integrity – you seek open and honest communication, and you hold yourself to very high moral and ethical standards. You reject manipulation, dishonesty and intolerance.
What you’ll bring to Circle:
Experience with and deep understanding of crypto is required
The role is a multi-faceted one and requires both analytical, strategic, and interpersonal skill sets
5+ years previous experience must include both financial / deal experience (i.e. investment banking, private equity, venture capital) and strategy / partnership experience (i.e. venture capital, consulting, business development)
Significant experience with technology infrastructure and payments
Expertise in the evaluation of startups and investment opportunities, including sourcing, leading due diligence processes and closing
Ability to independently design, create, and communicate well-crafted presentations of prescriptive strategies and investment recommendations
Knowledge of venture finance, including key metrics, valuation methodologies, capitalization tables, waterfall models, deal structures, and term sheets
Excellent finance, accounting and valuation modeling skills
Strategic mindset, with the ability to identify and assess key points, implications and recommendations and to provide thought leadership
Team player with proven ability to influence and collaborate with others to drive results
Demonstrable leadership, communication & analytical skills
Bachelor’s degree required, MBA preferred
Proficiency in Google Suite, Slack and MacBook preferred
If interested, please apply here.