Fund Banking Lead

Rho; San Francisco (CA); On-site; USD 180,000 - 220,000; Full time

Benefits offered by this job

Equity

Healthcare benefits

Paid time off

Job summary

Rho is seeking a Fund Banking Lead to own the motion to win emerging fund managers and their LPs as customers and partners, end to end. This build-from-zero role reports to the Head of Partnerships and works across VC Partnerships, Product, and Sales in our SF or NYC offices.

You will map the fund banking strategy, develop GP and LP relationships, and turn wins into portfolio-level banking adoption, driving Rho’s leadership in the emerging-manager community while enabling scalable growth.

Qualifications

• Deep proximity to GPs and LPs; understands emerging fund managers' pain points.
• Relationship-first with family offices and LP audiences; trust building over time.
• Credible and visible in the emerging-manager community.
• Builder's mindset; map markets and execute plays.
• Uses AI to move faster in research and pipeline hygiene.
• Based in NYC or SF and comfortable in-office collaboration.
• Willing to travel up to 25%.

Responsibilities

• Own Rho's fund banking strategy from budgeting to partnerships.
• Build and manage relationships with GPs, LPs, and allies.
• Translate GP wins into portfolio-level banking adoption.
• Bridge VC Partnerships with Product and Sales to sharpen company focus.
• Be the visible leader in the emerging-manager and LP space.

Skills

GP relationships

LP relationships

Emerging-manager knowledge

Relationship-based selling

AI-assisted workflows

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.