Fund Banking Lead

Rho; New York (NY); On-site; USD 180,000 - 220,000; Full time

Benefits offered by this job

Equity compensation

Healthcare benefits

Paid time off

Job summary

Rho is hiring a Fund Banking Lead to own the end-to-end motion for winning emerging fund managers and their LPs as customers and partners. This build-from-zero role sits on the Partnerships team, reporting to the Head of Partnerships, in either SF or NYC.

You will lead strategy, network-building, and cross-functional collaboration with Sales and Product to turn GP wins into portfolio wins and scale Rho’s fund banking platform.

Qualifications

• Experience building relationships with fund managers, GPs, LPs and related stakeholders.
• Ability to operate without a fixed playbook, map the market, and execute.
• Based in NYC or San Francisco and comfortable working in the office.
• Willingness to travel up to 25% of time.

Responsibilities

• Own fund banking strategy: map the comprehensive approach to win across budgets, conferences, gaps, and opportunities.
• Build the network: develop and run relationships with GPs, LPs, and allies that win customers.
• Turn GP wins into portfolio wins: enable banking for portfolio companies in collaboration with Sales.
• Bridge VC Partnerships, Product, and Sales to share learnings across the company.
• Be a visible leader in the emerging-manager and LP universe in the right rooms and conferences.

Skills

GP/LP relationships

Relationship building

Emerging manager network

Builder mindset

AI in workflow

Location NYC/SF

Travel willingness

Job description

About Us

Rho is the modern banking platform built for the AI era. Startups and growth-stage companies can open accounts in minutes, issue cards, manage expenses, pay bills, and close the books - all in one connected platform backed by real human support.

About the Role

We're hiring a Fund Banking Lead to build and own the motion to win emerging fund managers and their LPs as customers and partners, end to end.

Your accountability in one sentence: make Rho the leading choice for new fund managers. That means winning GPs as customers of Rho's fund banking platform - yield on called capital, cash back on operating spend, up to $75M in FDIC insurance, every entity in one login - and building the path to serve their portfolio companies, which sit squarely in Rho's core ICP.

This is a build-from-zero seat on the Partnerships team. You'll report to our Head of Partnerships and work daily across VC Partnerships, Product, and Sales, in our SF or NYC offices.

What You'll Do

• Own Rho's fund banking strategy: map the comprehensive approach to win - budget, conferences, gaps, and opportunities - and keep it honest as the market moves.

• Build the network: develop and run the relationships with GPs, LPs, and allies that win GPs as customers.

• Turn GP wins into portfolio wins: create the path from a signed fund to banking its portfolio companies, in partnership with Sales.

• Be the bridge between VC Partnerships, Product, and Sales - carry learnings and opportunities in both directions so the whole company gets sharper at winning funds.

• Be Rho's visible leader in the emerging-manager and LP universe - in the right rooms, from LP gatherings to emerging-manager conferences - so new fund managers know Rho before their first capital call.

What You Bring

• Deep proximity to GPs and LP relationships - for example as a chief of staff to a GP, in investor relations, or in capital formation - and a real understanding of emerging fund managers' pain points. Domain background is strongly preferred.

• Relationship-first with family office and LP audiences. You win trust over years; an aggressive startup-sales style is not how you operate, because it doesn't translate in these rooms.

• Credible and visible in the emerging-manager community - people in that world already take your call.

• A builder's temperament: you'd rather map the market and run the play yourself than wait for a playbook.

• You already use AI to move faster - research, drafting, pipeline hygiene - and you're curious what's next.

• Based in New York City or San Francisco and excited to work in office with the team.

• Willingness to travel up to 25% of the time.

Nice to Have

• Time as an emerging manager / VC, or working at a fund administrator, bank, or fintech serving venture funds.

The budgeted total cash compensation range for this role is $180-220K, split between base and variable, plus meaningful equity compensation.

Compensation may vary depending on relevant experience, skills, and business needs. In addition to cash compensation, Rho offers equity, healthcare benefits and paid time off.

Diversity is a core value at Rho. We're passionate about building and sustaining an inclusive and equitable environment for all those involved with our mission, including employees, contractors, candidates, customers and vendors. We believe every member of the Rho community enriches our ability to provide a broad range of ways to understand and engage with the market, identify problems, and drive solutions that align with our mission. We welcome all qualified applications and support each of our Rho'ers with ongoing professional growth opportunities.