VC Director @ GE Ventures in Cambridge, MA

VC Stack; Cambridge (MA); On-site; USD 155,000 - 205,000; Full time

Benefits offered by this job

Relocation assistance

Professional development

Competitive compensation

Job summary

GE Vernova is seeking a Director, Ventures to drive venture partnership initiatives and collaborate with startups. Ideal candidates possess a Bachelor's degree, 10+ years of experience, and a strong background in deal-making.

Responsibilities include sourcing and managing venture partnerships, tracking equity portfolios, and maintaining industry relationships. The role is based in Cambridge, Massachusetts, offering a salary range of $155,000 to $205,000 plus a bonus.

Join us at GE Vernova to be a part of the global energy transition and embark on a meaningful career.

Qualifications

• 10 years of professional experience and 5 years of deal-making experience.
• Expertise in negotiating and closing deals with startups and VCs.
• Strong external climate VC network.

Responsibilities

• Source and lead venture partnership execution.
• Track startup equity portfolio across GE Vernova.
• Cultivate relationships with venture partners for market intelligence.

Skills

Deal-making experience

Negotiation skills

Communication skills

Team building

Education

Bachelor’s Degree

MBA and/or PhD preferred

Job description

GE Vernova is helping change the world. Will you be part of the global energy transition?

Our team of approximately 75,000 employees keeps the lights on for people around the world. We’ve installed ~7,000 gas turbines for customers operating in over 100 countries, powering more than a third of the world to deliver brighter cities, stronger economies, and a better connected world.

Join our team, to evolve and grow, surrounded by some of the brightest minds in the industry who help you get better every day. You’ll get the chance to rewrite the rules, work on cutting-edge technology, and be part of a global team for positive change.

For us, venturing represents a way to leverage the startup community to simultaneously help startups grow and scale while bringing that critical innovation to our customers.

The Director, Ventures will be responsible for sourcing, negotiating, and executing venturing deals in areas of strategic interest to GE Vernova. S/he will also be responsible for working with the GE Vernova businesses to share market insights and identify key value drivers with startups for potential collaborations.

Job Description

Essential Responsibilities

• Source, structure and lead venture partnership execution
• Track and manage startup equity portfolio across GE Vernova
• Maintain and cultivate relationships with venture partners to obtain up-to-date market intelligence
• Build GE Vernova process for partnering with external startups and align across businesses

Position Requirements

• Bachelor’s Degree. A minimum 10 years of professional experience.
• ~5 years of deal-making experience
• Venturing experience
• Expertise negotiating and closing deals with startups and other VCs
• Proven ability to identify technology and team growth potential

Desired Characteristics

• MBA and/or PhD preferred
• Board experience
• Experience working both in a large, matrixed organization
• Experience in working in the energy sector, in particular with dispatchable power
• Entrepreneurial nature with a passion for bringing technology to market
• Expertise advising startups and managing a startup portfolio
• Strong communication, influencing and negotiation skills, ability to operate and communicate at senior business levels
• Strong team player with ability to build relationships quickly
• Strong external climate VC network
• Affinity for and understanding of technology underpinning climatetech
• Experience in organizational transformation and the willingness and ability to drive cultural change that brings lasting, meaningful value to GE Vernova

Please note that we are targeting for the selected candidate to start in this role in early April 2025.

The base salary range for this position is $155,000 to $205,000 USD. The specific salary offered to a candidate may be influenced by a variety of factors including the candidate’s experience. In addition to base pay, this position is eligible for a discretionary annual target bonus.

GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation.

GE Vernova is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE Vernova will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

Relocation Assistance Provided

Yes