VC Vice President @ Synchrony Ventures in Chicago, IL

Synchrony Ventures; Chicago (IL); On-site; USD 110,000 - 185,000; Full time

Job summary

VC Stack is seeking a VP, Ventures in Chicago to engage in corporate venture capital, portfolio management, and ecosystem development. The successful candidate will source new deals, drive due diligence efforts, and support VC brand building.

With a focus on Fintech, Financial Services, and Health, this role demands strong networking skills and the ability to analyze market trends. A Bachelor's Degree and 5+ years of relevant professional experience are required.

This position offers a salary range of $110,000 to $185,000 annually, plus possible bonuses.

Qualifications

• 5+ years of experience in Fintech, Financial Services, or Health.
• Experience in Start-ups or Venture Capital.
• Understanding of relevant technologies and market trends.

Responsibilities

• Source and assess investment opportunities.
• Conduct thorough due diligence on potential investments.
• Support and monitor portfolio companies.

Skills

Networking

Market assessment

Financial analysis

Due diligence

Data-driven insights

Communication skills

Education

Bachelor's Degree

Master's Degree

Tools

Financial analysis tools

Job description

This role entails active involvement in all areas of corporate venture capital investing, portfolio management and ecosystem development. The VP, Ventures will be expected to source new deals, drive due diligence efforts, monitor and support Synchrony’s portfolio investments and build Synchrony Ventures brand in the ecosystem. You will be part of a small and high-impact team, with direct exposure to senior management and all aspects of the investment process. This role offers a unique opportunity to be a key impact player and have significant involvement in the evolution of Synchrony Ventures. This role reports to the SVP of Synchrony Ventures and is part of the Business Strategy & Development organization.

Essential Responsibilities:

• Align with internal Stakeholders: Develop deep relationships across the synchrony organization to identify themes and trends of strategic relevance. During diligence, collaborate with internal stakeholders to assess strategic fit and value.
• Market assessment: Scan the market to identify emerging themes and trends of potential relevance to SYF.
• Deal Sourcing: Source investment opportunities aligned to identified themes through various channels. Serve as initial filter to screen opportunities.
• Conduct Deal Due Diligence: Perform thorough due diligence on potential investments including financial analysis, TAM and competitive differentiation, team evaluation, and customer reference checks. Independently run diligence processes with assistance from relevant team members and functional stakeholders. Build presentations.
• Post-closing Portfolio Support: Provide ongoing monitoring of portfolio companies, including relevant internal reporting and KPI tracking.
• Network Building & Thought Leadership: Cultivate relationships across the broader Venture and Entrepreneurship community to drive deal flow. Support and execute on strategic brand building and represent the firm at relevant industry and internal events.
• Perform other duties and/or special projects as assigned.

Qualifications/Requirements:

• 1) Bachelor’s Degree and Minimum of 5 years of professional experience including industries such as Fintech, Financial services / Payments, Retail or Healthcare industry experience or 2) in lieu of a Bachelor Degree, a High School Diploma / GED and 8 years relevant Fintech, Financial Services / Payments, Retail or Healthcare industry experience; or 3) Master’s Degree and 4 years relevant Fintech, Financial Services / Payments, Retail or Healthcare industry experience.
• Prior Start-up and/or Venture Capital experience.
• Demonstrated ability to build a network internally and externally – network partners including startups, investors, corporates and other ecosystem partners, and universities.
• Understanding of relevant technologies.
• Demonstrated ability to develop data-driven perspectives on market trends and emerging technologies and present insights to executive audiences.
• Ability to travel up to 20%.

Desired Characteristics:

• 2+ Years of Start-up and/or Venture Capital experience.
• MBA or other relevant Master’s Degree.
• Fintech and or venture capital experience is preferred; Fintech experience – startup and enterprise side.
• Strong tech understanding of new Technologies such as AI, machine learning.
• Understanding of payments space.
• Deep understanding of and/or exposure of how the latest technologies are impacting Financial Services, Retail, and/or Health.
• Strong connections to the startup community, investors, and entrepreneurs.
• Intellectual curiosity and relentless drive to learn.
• Exceptional initiative, attention to detail and capacity to work in a self-directed manner.
• Excellent verbal and written communication skill.
• Cross‑functional experience within an enterprise organization.
• Risk identity / fraud space understanding within the fintech / financial institution and /or payments space.

Grade/Level: 12

The salary range for this position is 110,000.00 – 185,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.