Investment Associate

Massachusetts Clean Energy Center

$85K — $94K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree required; Master's preferred.
  • 3-5 years of relevant experience in venture capital or related fields.
  • Familiarity with energy, power, or climate tech industries and startups is a plus.
  • Strong analytical skills in both qualitative and quantitative aspects.
  • Excellent verbal and written communication skills.

Responsibilities

  • Identify and evaluate new clean energy companies for investment.
  • Conduct due diligence including business plan reviews and financial analysis.
  • Develop investment theses to guide selection.
  • Prepare presentations for investment recommendations to senior management.
  • Collaborate with various teams to support portfolio companies and investments.

Benefits

  • 457b plan with matching contributions.
  • Comprehensive medical, dental, and vision coverage.
  • Life insurance and supplemental retirement plan options.
  • Paid time off and parental leave.
  • Monthly stipend for remote work expenses.
Full Job Description
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
  • Master's degree preferred

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:
  • Proactive self-starter
  • 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 effectively
  • Demonstrated 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.


To Apply

Qualified candidates are encouraged to submit a resume and cover letter online through our Online Career Center.

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

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