VC Principal @ American Cancer Society in Boston, MA

This position is a remote role, open anywhere throughout the United States.

Save lives. Fulfill yours.

At the American Cancer Society, we’re leading the fight for a world without cancer. Our employees and 1.5 million volunteers are raising the bar every single day. We actively seek candidates from diverse backgrounds including communities of color, the LGBTQ community, veterans, and people with disabilities. The greater the diversity of our people, the better we can serve our communities.

The people who work at the American Cancer Society focus their diverse talents on our lifesaving mission. It is a calling. And the people who answer it are fulfilled.

Since 1913, the American Cancer Society has been dedicated to saving lives, celebrating lives, and leading the fight for a world without cancer. BrightEdge is the American Cancer Society’s donor-funded impact fund operating at the intersection of impact, investment, and innovation. To accelerate ACS’s bold goal of reducing cancer mortality 40% by 2035, BrightEdge propels groundbreaking patient-centric solutions by investing in the most innovative startup companies developing novel technology-based cancer solutions to advance science, reduce disparities, and promote healthcare sustainability.

The BrightEdge team uses a double bottom-line approach by evaluating both mission-driven social impact and financial returns on investments to help fuel the Society’s life-saving programs in research, access, and health equity.

A successful Principal Investor will demonstrate the ability to think critically about investment opportunities and be project-oriented, with the capability to independently lead projects and investment deals from start to finish. The role requires a high level of self-motivation and will have a meaningful level of responsibility from the outset, including independently identifying, researching, and executing investment opportunities. A key responsibility of this role is developing and nurturing strategic relationships with top level venture firms and other key for-profit organizations. This role is responsible for evaluating the validity of investments and structuring of deals; enabling the strategy of the companies where BrightEdge is involved, and communicating the overall impact investment strategy to sophisticated audiences.

This position often includes extended hours and meeting with clients outside of the office setting. The fast-paced working atmosphere is sometimes tempered by slow periods. It is in these anticipated slower times that the effective investment associate reviews and oversees current portfolios for maximum return on given investments and continues to develop and refine thematic investment thesis.

Major Responsibilities

  • Leading the investment process: (a) reviewing investment memorandums; (b) developing investment theses; (c) drafting term sheets; (d) conducting extensive diligence; (e) building operating / financial models and returns analyses; (f) preparing investment committee presentations; and (g) engaging with potential investors.
  • Identify and execute on potential investment opportunities independently and with minimal supervision.
  • Occasionally speak on behalf of BrightEdge at public events.
  • Oversight of Investment Associate work product.
  • Provide leadership and mentorship to Investment Associate.
  • Financial and valuation modelling.
  • Market research, comparative/industry analysis.
  • Preparation of presentation materials to board and investment committee.
  • Analyzing investment opportunities.
  • Participating in deal due diligence.
  • Creation and review of regular cash flows, budgets, business and operating plans.
  • Compilation of investor reporting.
  • Liaison with investors and key stakeholders.
  • Preparation of investor presentation materials.
  • Following market trends, researching companies and analyzing industry dynamics.
  • Meetings with potential investment targets, operating partners and key industry players and gathering information for the purpose of evaluating potential investment opportunities.
  • Monitoring portfolio companies including: (a) building relationships with management teams; (b) actively monitoring market, competitive and company developments; and (c) maintaining and updating valuation and detailed financial models to reflect current information and thinking.
  • Actively presenting and participating in discussions regarding investment trends, opportunities and reports.
  • Writing both internal and external memos and presentations.

Position Requirements

Post-graduate degree in oncology-related science field (PhD-preferred); Degree or coursework in accounting, finance, business, economics or statistic (MBA preferred). 5+ years experience within venture capital or strategic investments with a focus on cancer-related life sciences investments.

Other Skills

  • Deep understanding of products and therapies in the cancer space; insatiable desire to learn and understands how to access resources to continually improve knowledge and insights.
  • Excellent negotiating skills.
  • Proven track record of strong returns and successful results.
  • Impeccable academic results.
  • Zealous attention to detail.
  • Ability to work effectively within a fast-moving entrepreneurial environment.
  • Good communicator and team player.
  • Advanced analytical capabilities.
  • Advanced Microsoft windows capabilities, specifically Microsoft Excel.
  • Excellent oral and written communication skills are required, as is computer proficiency.
  • Established ability to build and cultivate relationships with individuals, corporations and foundations.
  • Ability to establish collegial, effective working relationships and partner with staff and volunteers.
  • Strong financial acumen.
  • The ability to be an ambassador for the American Cancer Society.
  • Ability to understand work within a complex organizational structure.
  • Travel may be required upon removal of COVID-19 restrictions, and is estimated to be less than 15%

In addition to these, the ideal candidate will need to possess leadership and critical thinking skills associated with strategic development, collaboration, and influence. BrightEdge is a complex operating model, and the above skills are necessary for success.

The full compensation range established for this position begins at a minimum of $112,500 annually.* Actual starting pay may differ based on non-discriminatory factors including, but not limited to, geographic location, experience, skills, specialty, and education. *This mininum rate is specific to Colorado.

If interested, please apply here.

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