Job details
Job type full-time
Full job description
Company description
Jdrf t1d fund (www.t1dfund.org)
The jdrf t1d fund is a $175 million venture philanthropy fund whose mission is to accelerate life-changing solutions to treat, prevent, and cure type 1 diabetes (t1d)Through its investments alongside private capital, including venture capital, corporate vcs, pharma and foundations, the t1d fund seeks to secure the investment necessary to win regulatory approval of new therapeuticsThe t1d fund invests in areas strategically aligned with jdrf, with an emphasis on cure-oriented or disease modifying therapiesThe t1d fund is an evergreen model and realized gains are deployed into new investments.
The t1d fund was launched in 2016 and continues to grow its dedicated team of boston-based investment professionalsThe portfolio includes investments in approximately thirty companies including several that have generated successful exits (semma therapeutics, provention bio, pandion, sqz biotechnologies, immunocore, protomer)The fund will continue to be an active investor playing various roles within its world-class co-investor syndicates.
Jdrf is the world’s largest nonprofit funder of t1d research having made grants of approximately $2 billion over the past fifty yearsThe jdrf seeded the fund with an initial investment capital and provides meaningful support and access to the key stakeholders and experts in the t1d communitySuccess is enhanced by the fund’s relationship and leverage of jdrf resources, yet the fund governed as a separate vehicle with an independent investment team, board, and investment committee, allowing for nimble and effective decision makingThis new model has been highly visible, with coverage in outlets including the new york times, bloomberg tv, biocentury, venture capital journal, and axios
Job description
Opportunity:
The jdrf t1d fund is seeking an analyst to assist in executing investments, performing financial due diligence, and conducting ongoing support and portfolio management of our companiesThe analyst would also collaborate and interact with the more scientificly-oriented investment professional and other finance staff at the jdrf.
Position:
This role provides a unique opportunity within life science venture capital to be part of a venture philanthropy effort driving new investments in strategic partnership with a leading disease focused foundation (jdrf).
The ideal candidate will have a finance and/or accounting backgroundThe associate will be expected to operate in a start-up environment and, where appropriate, exhibit independence and leadership potentialThe position will frequently interact with our external stakeholders in industry and venture capital, as well as stakeholders at jdrfThe position will be based in boston, and we anticipate hybrid in-office/remote work as we emerge from the covid-19 pandemicThe position is available immediately.
Responsibilities:
Prepare and maintain internal documentation on portfolio companies, including projected financing needs and exit scenarios.
Prepare and maintain financial models which reflect the performance of overall investment portfolio and t1d fund.
Support business due diligence including investment-specific diligence, market analysis, financial modeling, and research.
Actively engage in on-going portfolio management including presentations and financial model.
Supporting role in deal pipeline monitoring and management.
Qualifications
Must have a strong interest in working for a mission driven, team-oriented organization.
Minimum one year of work experience in banking, consulting, or related industries
Ability to work in a dynamic, fast-paced entrepreneurial environment.
Must be able to pro-actively prioritize competing demands and deliver high-quality results.
Experience with corporate finance, equity financing, and relevant financial modeling.
Exceptional written, verbal and interpersonal skills.
Experience with type 1 diabetes or related therapeutic areas or disciplines (immunology, metabolic disease, regenerative medicine, etc.) is a plus but not a requirement
Additional information
Jdrf supports a diverse and inclusive workforce and is an equal opportunity employerYour information will be kept confidential according to eeo guidelinesAll your information will be kept confidential according to eeo guidelines.
