First Citizens Bank

Managing Director- Investor Coverage, Innovation Banking- Life Sciences

First Citizens Bank$198K — $252K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree and 8 years in VC relationship management or High School Diploma/GED with 12 years in VC relationship management.
  • Active involvement in relevant sectors with strong connections in the VC and startup community.
  • Proven track record of building long-term sales-oriented relationships and partnerships.
  • Data-driven mindset to meet targets and measure ROI effectively.
  • Strong execution skills, with the ability to develop authentic relationships with influential venture firms.
  • Collaborative approach, able to engage effectively with internal and external stakeholders.
  • Curiosity-driven with a focus on uncovering strategic investor needs.

Responsibilities

  • Engage key investors in the market, particularly influential VC firms.
  • Deliver relevant programming and insights to investors, showcasing SVB's resources.
  • Identify relationship interdependencies and coordinate with banking teams accordingly.
  • Collaborate with Business Development and Commercial Banking on portfolio company opportunities.
  • Serve as an information source and advisor on market trends for internal colleagues.
  • Utilize technology and data tools to enhance communication and impact.
  • Advocate for SVB in the marketplace.

Benefits

  • Comprehensive wellness programs.
  • Generous time off policies.
  • Retirement savings plans with matching contributions.
  • Professional development opportunities.
  • Employee stock purchase plan.
Full Job Description
Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of our Boston, NYC or San Francisco office.

Join SVB, a division of First Citizen's Bank, as a part of the Investor Coverage and Business Development group in either Boston, NYC OR the Bay Area. As trusted advisors, building a supportive ecosystem for the investor community and their portfolio companies is the primary focus of our team. Responsible for delivering differentiated value and a world-class experience to the investor community, the Managing Director will work in collaboration with our broader Business Development team and Commercial Bank colleagues, upholding SVBs brand reputation and commitment to helping investors achieve their business goals.

Seeking a relationship management and business development professional with experience in the Life Science Healthcare industry to join our team. Primary responsibilities of the Managing Director are to build, maintain, and engage strategic relationships within the LSHC investor community to help scale and grow SVB's businesses; be an SVB ambassador; cross-sell the SVB platform by winning and retaining the best opportunities; provide strategic insight and advice to critical investor relationships and internal bank stakeholders.

Based in either Boston, NYC or the Bay Area West Coast, the ideal candidate is already active in the local ecosystem, with an existing, and growing network of investors, influencers, and relevant stakeholder relationships.

Responsibilities
• Responsible for engaging specific investors in the market, specifically with influential VC firms that influence SVB's client acquisition, retention, and bank cross-sell decisions
• Deliver effective and relevant programming and insights to investors, leveraging scaled methods of highlighting the breadth of SVB's resources
• Determine critical relationship interdependencies and serve as the coordinator across various banking teams that intersect with those relationships
• Collaborate closely within Business Development team and across Commercial Banking teams on specific portfolio company opportunities
• Serve as critical information source and collaborator to internal colleagues across Sales, Credit, Relationship Managers, and other senior leaders, advising on market trends and specific, actionable investor insights
• Leverage technology and data-driven tools to scale time, impact, and communication
• Drive advocacy in the market

Qualifications

Bachelor's Degree and 8 years of experience in VC relationship management OR High School Diploma or GED and 12 years of experience in VC relationship management.

Preferred Qualifications

Expertise: Active in relevant sectors and committed to active participation in the VC and startup community. Comfortable building long-term, sales-oriented relationships, and managing partnerships. Individual can build and maintain investor relationships, devise strategies for developing new business, and collaborate well across groups

Goal Oriented: Able to meet targets and measure return on investment. Data driven. Capable of using both data and intuition to deliver results.

Execution: Can develop authentic relationships with the most influential and impactful venture firms in the startup ecosystem. Actively shares viewpoints and information with colleagues and peers to form recommendations. Ensures cohesion across SVB's broad businesses and delivers timely business reviews to show progress to goals

Collaborative: Influences. Has gravitas and charisma. Partners extremely well with internal colleagues and can skillfully engage in difficult external discussions with critical relationships when needed. Views SVB and the broader Business Development team as extensions of their network and uses full set of SVB resources to deliver exception results

Investor Focus: Has an innate curiosity and the ability to uncover the needs and interests of strategic investors. Is personally active and respected in the marketplace with an existing and growing network of relevant stakeholders

New Business: Persistent and resourceful. Able to ideate and devise new ways to engage clients and prospects. Comfortable with pipeline development and execution accountability. Can learn to cross sell SVB platform. Able to deal with difficult or dissatisfied clients. Motivated to solve issues and thinks about solutions - not problems.

Brand Builder: Can represent SVB with confidence in the marketplace with a unique and informed POV. Able to converse with serial entrepreneurs, first-time founders, early stage investors, late-stage investors, and stakeholders as needed.

The base pay for this position is generally between $198,000.00 and $252,000.00 Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

About First Citizens Bank

First Citizens Bank is a regional bank that provides a range of financial services to individuals and businesses. The bank offers checking and savings accounts, loans, mortgages, credit cards, and investment services, as well as online and mobile banking. First Citizens Bank operates more than 500 branches in 19 states and the District of Columbia. The bank was founded in 1898 and is headquartered in Raleigh, North Carolina.
Learn more about First Citizens Bank
Size
6,000 employees
Industry
Founded
1898

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