Associate, Healthcare

B Capital

$110K — $130K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1-3+ years experience in investment banking, finance, or business development, preferably in healthcare.
  • Undergraduate degree in economics, data science, biology, biomedical engineering, engineering with a biology focus, or biochemistry.
  • Excellent quantitative and qualitative analytical skills.
  • Strong familiarity with financial modeling and venture capital concepts is preferred.
  • Passion for disruptive technology and emerging AI trends in healthcare.
  • Relocation or current residence in San Francisco; hybrid work model with 3 days in-office.

Responsibilities

  • Conduct market research to develop investment theses and sourcing strategies.
  • Identify and source new healthcare investment opportunities through analytical research.
  • Evaluate viability of investment proposals and materials from potential companies.
  • Lead financial and operational due diligence on investment opportunities.
  • Provide support to portfolio companies to enhance their value across various areas.
  • Leverage firm's networks to connect portfolio companies with valuable customer targets.

Benefits

  • Hybrid work model combining in-office and remote work.
  • Access to a deep network in the healthcare and AI sectors through BCG.
  • Potential for significant career growth within the investment and healthcare tech space.
Full Job Description
POSITION SUMMARY:

B Capital is looking for a pre-MBA Associate for the Healthcare AI Team who has an incredible drive to assist in the investment process from end-to-end on investments from Series A to Growth Equity. Primary responsibilities will be helping identify new healthcare investment opportunities through research-driven sourcing, researching markets and sector trends, evaluating deals, and conducting detailed business and financial due diligence, including complex financial models. The individual will work across healthtech and digital health. The role requires a background in finance, familiarity with AI, and maturity, flexibility, intellectual curiosity, and a proven track record of turning ideas into action.

BASIC JOB RESPONSIBILITIES:

Market research
  • Develop market research and investment theses to guide sourcing efforts.
  • Source new investment opportunities based on investment themes and research.
  • Follow AI trends in healthcare

Deal screening and evaluation
  • Evaluate and assess the viability of investment materials we receive from potential companies.
  • Lead key pieces of diligence on investment opportunities and deal processes (e.g., audit, tax, legal, financial modeling, etc.).

Building company value
  • Deliver high-touch support to our portfolio companies across a number of operating areas.
  • Utilize the firm's and BCG's networks to connect companies with the highest value customer targets.


BASIC JOB REQUIREMENTS:
  • Passion for disruptive technology.
  • 1-3+ years of relevant work experience strongly preferred (e.g., investment banking on a healthcare team or work on a finance or BD team in an operating role)
  • An undergraduate degree in economics, data science, biology, biomedical engineering, engineering with biology, biochemistry, or other relevant fields is highly desired.
  • Excellent quantitative and qualitative analytical skills.
  • Prior VC/PE investing experience not required, but a plus. Finance experience is highly desired.
  • The role will be based in San Francisco, and you must be comfortable relocating or presently be based in SF
  • Hybrid Work (3 days in SF office)

KEY COMPETENCIES:

The ideal candidate has strong analytical abilities and is intellectually curious - particularly in terms of new and emerging technologies.
  • Awareness of the market and a perspective on potential investable market trends, particularly in AI related approaches.
  • Experience distilling ideas and insights into clean, digestible formats (e.g., slides, documents) required.
  • Experience with detailed financial modeling, including P&L, balance sheet, and cash flow statements, as well as quantitative market research (e.g., valuation comps) required.
  • Exposure to core venture capital "math" skills (e.g., cap table, returns modeling) and familiarity with standard venture terms and concepts is a plus.
  • Entrepreneurial spirit to help us shape new portfolio investments and our own company.
  • Exceptional interpersonal skills, business judgment, and work ethic.


The salary range is $110,000-$130,000 and will be commensurate with relevant experience.

Salary Range applies to California candidates only. The actual salary may be subject to change.

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