Investment Associate

Codman Square Neighborhood Development Corporation; Boston (MA); Hybrid; USD 85,000 - 94,000; Full time

Benefits offered by this job

457b plan with matching

Medical coverage with HRA

Dental coverage

Vision coverage

Paid time off

Tuition Reimbursement

Monthly Remote Work Stipend

Supplemental Retirement Plan

Job summary

Massachusetts Clean Energy Center (MassCEC) seeks a proactive Investment Associate to join the venture investments team. The associate will source, evaluate, make, and manage equity and venture debt investments in climate tech companies across Massachusetts.

Reporting to the Director of Investments, you will drive due diligence, develop investment theses, prepare presentations for the Investments Committee and Board, and collaborate across MassCEC to accelerate job growth and economic

Qualifications

• Minimum undergraduate university degree.
• Background in business, engineering, or science.
• 3-5 years relevant work experience.
• Venture capital investment, investment banking, strategy consulting and/or corporate positions preferred.

Responsibilities

• New investments: identify opportunities, conduct due diligence, and prepare investment recommendations.
• Portfolio management: advise and support portfolio companies, attend board meetings as necessary.
• Drive cross-organizational collaboration to leverage synergies across MassCEC.
• Lead team-process improvements: valuations, presentations, and data requests.
• External representation: engage ecosystem partners and attend industry events.

Skills

Analytical skills

Excellent written & spoken communicate

Cross-team collaboration

Independent multi-tasking

Excel, Word, PowerPoint

Ability to understand complex tech

Education

Undergraduate degree

Background in business, engineering, or science

Tools

CRMs

Office suite proficiency

Job description

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Investment Associate

Full Time Salary Boston, MA, US

5 days ago Requisition ID: 1306

Position Type:Full-time

Pay:$85,000 - $94,000 per year, dependent on experience and education

Benefits:457b plan, and matching; Medical coverage and 100% deductible coverage through HRA; Dental coverage; Vision coverage; Life insurance; Paid time off; Parental leave; Tuition Reimbursement; Monthly Remote Work Stipend; Supplemental Retirement Plan, and more.

Schedule:Monday to Friday 9-5pm; occasionally work on off hours if required

Work Location:Hybrid; Home and Boston Office at least 1 day per week

Job Overview:

The Massachusetts Clean Energy Center (MassCEC) seeks a proactive self-starter to join the venture investments team. The Investment Associate will work with the Investments team to accelerate the advancement of technology, job growth, and economic development in the Massachusetts Clean Energy Industry. The Associate will report to the Director of Investments and will work alongside the Investments team to source, evaluate, make, and manage equity and venture debt investments in the most promising clean energy companies in Massachusetts, and to assist with other related programs. This is an opportunity for a hardworking and motivated candidate to take ownership of significant responsibilities and build a venture capital skillset while developing deep relationships across the Massachusetts clean energy sector.

Job Duties

New Investments and Transaction Execution:Help our team identify promising clean energy companies and execute new investments to grow our portfolio.

• Help identify, track, analyze, and evaluate new climate tech investment opportunities
• Conduct investment due diligence, including business plan evaluation and general, financial, and technical due diligence
• Help develop comprehensive investment theses for climate tech to guide investment selection
• Prepare investment recommendation presentations for senior management and the MassCEC Investments Committee and Board
• Assist with managing deal paperwork

Investments Portfolio Management and Support:Work closely with all members of the Investments team as we engage with and provide support to companies that we have already invested in.

• Work with the Director of Investments and other team members to assist with advising and managing investments in portfolio companies
• Attend Portfolio Company board meetings as an Observer
• In partnership with the Director for Economic Growth and Partnerships, respond to and process requests for support from portfolio companies.

Drive Cross-Organization Collaboration: Collaborate frequently and effectively with teams across MassCEC to identify and capitalize on potential synergies across teams.

• Work together to identify opportunities for Investments to invest in companies that have received MassCEC grant funding
• Identify and implement opportunities for Investments portfolio companies to participate in pilot and demonstration projects
• Evaluate technologies and support due diligence efforts across the teams

Investments Team Process Management:Take a lead role in making our team operate efficiently and coordinating our work with others at MassCEC.

• Assist with semi-annual portfolio valuation process, including valuation spreadsheet and valuation narrative
• Assist in the preparation of presentations and recommendations for investment to senior management, the Investments Committee, and the Board of Directors
• Respond to data and information requests from within the organization
• Assist with administrative duties such as meeting notes, preparing agendas, writing briefs, preparing documents for CEO signature, scheduling meetings, and other tasks as directed by the senior staff members

External Representation of MassCEC:Build a strong network across the climate tech space through proactive engagement with ecosystem partners and other stakeholders.

• Represent MassCEC at meetings, conferences and working sessions
• Coordinate and conduct regular engagement with key ecosystem partners
• Attend events to identify new investment opportunities and potential investment partners

Team Management:Help manage and mentor junior Emerging Climatetech team staff.

Position Qualifications:

Education:

• Minimum undergraduate university degree
• Background in business, engineering, or science

Experience:

• 3 - 5 years relevant work experience
• Venture capital investment, investment banking, strategy consulting and/or corporate positions, with exposure to energy, power, or climate tech industries and to startups and entrepreneurship, preferred

Knowledge, Skills, and Abilities:

• Strong qualitative and quantitative analytical skills
• Excellent oral and written communication skills
• Demonstrated ability to collaborate effectively with colleagues and across teams
• Demonstrated ability to work independently and manage multiple priorities effectivelyDemonstrated ability to obtain and review complex technical information and clearly articulate conclusions and associated recommendations
• Interest in climate tech and a demonstrated aptitude to understand complex and new products, systems, innovations, and business concepts as well as market opportunities and challenges
• Strong command of Excel, Word, and PowerPoint
• Familiarity with management platforms in the Microsoft Office suite and CRMs is a bonus.

About the Massachusetts Clean Energy Center

The Massachusetts Clean Energy Center (MassCEC) is a state economic development agency dedicated to accelerating the growth of the clean energy sector across the Commonwealth to spur job creation, deliver statewide environmental benefits and to secure long-term economic growth for the people of Massachusetts.

MassCEC currently funds about 20 programs, including financing for early-stage companies and technology development, pilots for the decarbonization of buildings and transportation, and investments in training to build a skilled, diverse clean energy workforce. MassCEC drives innovation by serving as a clearinghouse and support center for the clean energy technology sector -- helping companies and communities access capital and other vital growth resources. We also operate two major facilities that support the offshore wind industry.

MassCEC fosters collaboration among industry, state government, research universities and the financial sector to advance the state’s clean energy economy. We partner with policymakers, employers, job seekers, students, municipal governments, community organizations, schools, industry experts, technology incubators, academics, business accelerators, energy consumers, clean energy installers, environmental advocates and the innovators who are developing the next generation of clean energy technologies.

Applicants with diverse backgrounds, experiences, abilities, and perspectives are encouraged to apply.