At a Glance
- Tasks: Lead a team in making impactful technology venture investments across various sectors.
- Company: Join the leading venture investor in Wales, backed by the Welsh Government.
- Benefits: Competitive salary and the chance to shape regional investment opportunities.
- Why this job: Make a real difference in the tech landscape while developing your leadership skills.
- Qualifications: Proven venture capital experience and strong team management skills.
- Other info: Opportunity to work closely with co-investors and industry leaders.
The predicted salary is between 48000 - 72000 £ per year.
The technology venture investment team is the lead Venture investor in Wales, sector agnostic, investing across a range of sectors from life sciences to AI. Fully backed with funding from the Welsh Government, we invest between £10-15m per annum. We build strong relationships with co-investors and actively add value to the businesses we back.
We are seeking an experienced investment professional to provide leadership and strategic support within our Technology Venture Investments team. In this role, you will lead and guide a team of Investment Executives, taking ownership of successfully delivering technology venture investments in Wales. You will play a key part in ensuring effective and impactful Venture investing in Wales, overseeing deal sourcing, diligence, and investment recommendations. Additionally, you will manage portfolio oversight, risk management, support follow-on investment, and lead all valuation and reporting activity. This role carries delegated investment authority and requires active participation in senior management forums.
Key Responsibilities:- Lead and develop a team of Investment Executives, providing coaching, guidance, and support on complex deals.
- Oversee the monitoring, reporting, and risk assessment of the Technology Venture Investments portfolio.
- Appraise and recommend investments to the Investment Committee and support follow-on decisions for portfolio companies.
- Develop relationships with co-investors and wider industry contacts.
- Maintain up-to-date knowledge of venture investing and the technology landscape, fostering best practices and continuous improvement.
- Input into the investment strategy for the Technology Venture Investment team, focusing on delivering impact and returns.
- Manage portfolio valuations and ensure accurate financial reporting in line with IFRS and fund guidelines.
- Attend boards as an observer, support governance, and help strengthen executive teams within investee companies.
- Represent the team at meetings, events, and presentations, promoting our products and activities.
- Contribute to the development of new financial products and systems to support fund operations.
- Proven experience in venture capital, with a strong investment track record.
- Passionate about place-based investment, driven by a desire to make a positive impact on regional opportunity.
- Strong understanding of equity and debt investment, particularly in early or later-stage environments.
- Excellent communication and presentation skills.
- Commercial mindset with strong negotiation and decision-making abilities.
- Experience of managing a team and prepared to spend time in Cardiff each week where the majority of the team are based.
- Strong financial analysis skills and confidence working with business plans and investment cases.
- Proficient IT skills.
- Full driving licence.
- Knowledge of public-sector involvement in SME finance, impact investing in the venture space, or regional venture investing.
- Understanding of the Welsh economy, Development Bank of Wales, and its activities.
- Welsh language skills.
Locations
Senior Manager Opportunity - Technology Venture Investments in Cardiff, Wales employer: Development Bank of Wales
Contact Detail:
Development Bank of Wales Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager Opportunity - Technology Venture Investments in Cardiff, Wales
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups, and don’t be shy about reaching out to potential co-investors or industry contacts. Building relationships can open doors that applications alone can't.
✨Showcase Your Expertise
When you get the chance to chat with hiring managers or at networking events, make sure to highlight your experience in venture capital and your understanding of the tech landscape. Share insights and trends you've noticed – it shows you're engaged and knowledgeable!
✨Prepare for Interviews
Do your homework on the company and its investment strategies. Be ready to discuss how your skills align with their goals, especially around impact investing and regional opportunities. Practise common interview questions and have your own questions ready to show your interest.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of our team and contributing to the exciting work we do in Wales.
We think you need these skills to ace Senior Manager Opportunity - Technology Venture Investments in Cardiff, Wales
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Manager role. Highlight your venture capital experience and any leadership roles you've held, as we want to see how you can lead our team effectively.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for technology venture investments and how you can make a positive impact in Wales. Be sure to mention specific examples of your past successes in the field.
Showcase Your Communication Skills: Since excellent communication is key for this role, ensure your application is clear and concise. Use professional language but keep it friendly – we want to get a sense of your personality too!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Development Bank of Wales
✨Know Your Numbers
Make sure you’re well-versed in the financial metrics and performance indicators relevant to venture investments. Brush up on your understanding of equity and debt investment, especially in early or later-stage environments, as this will be crucial for discussing potential deals.
✨Showcase Your Leadership Skills
Prepare examples that highlight your experience in leading teams and guiding Investment Executives. Think about specific situations where you provided coaching or support on complex deals, as this will demonstrate your capability to lead effectively in this role.
✨Understand the Welsh Landscape
Familiarise yourself with the Welsh economy and the role of the Development Bank of Wales. Being able to discuss how regional factors influence venture investing will show your commitment to place-based investment and your understanding of local opportunities.
✨Engage with Co-Investors
Be ready to talk about your experience in building relationships with co-investors and industry contacts. Prepare to discuss how you’ve successfully collaborated in the past, as this is key to adding value to the businesses you’ll be backing.