Omidyar Network is hiring a

Director, Investment Management

Redwood City, United States

At Omidyar Network (ON), we start from a fundamental belief: People are inherently capable, but they often lack opportunity. We believe if we invest in people, through opportunity, they will create positive returns for themselves, their families, and the world at large.

To that end, we believe that business can be a powerful force for good. Pierre Omidyar experienced this firsthand as the founder of eBay. Just as eBay created the opportunity for millions of people to start their own businesses, we believe market forces can be a potent driver for positive social change. That’s why we invest in both for-profit businesses and nonprofit organizations, whose complementary roles can advance entire sectors.

Formed in 2004, we have invested to date more than $700 million in over 600 organizations. We now total about 100 people and have offices in Redwood City, California; Washington DC; London; Mumbai; and Johannesburg

POSITION SUMMARY: This position will be on ON’s Investment Management team, reporting to Lorraine McDonough, Partner & Head of Investments, and based in Redwood City. Working intregally with our global investment team, the position has two broad responsibilities:

  • Manage our investment process – which includes:
    • evaluating proposed investments
    • managing the investment decision-making process
    • supporting investment team members in deal execution, including negotiation, closing, and funding of approved investments
    • training the firm’s investment professionals
  • Drive portfolio management – which includes:
    • managing the firm’s investment portfolio for social impact at scale
    • reporting on the firm’s investment activity and portfolio performance
    • refining investment guidelines and best practices based on portfolio learning, activity and trends

 SKILL, EXPERIENCE AND EDUCATION REQUIREMENTS

  • 15+ years business experience, with 5+ years in a direct investing role (ideally venture capital, private equity or impact investing firm); MBA strongly preferred
  • Passion for (and ideally prior demonstrated interest in) creating positive social impact; domain experience in social investing desirable
  • Passion for partnering with entrepreneurs – for-profit and/or non-profit – in building growth organizations
  • Strong strategic and analytical skills – ability to evaluate proposed investments from multiple perspectives (strategic fit, market opportunity, operational capability, business model, financial performance, valuation, etc.) and an appreciation of analytical rigor and clarity
  • Solid knowledge and experience in executing investments, including sourcing, evaluating, teeing up for decision making, negotiating, documenting, closing, etc
  • Strong interest in process management and multi-tasking across a large number of ongoing transactions, including acting as a facilitator to resolve different points of view
  • High level of comfort with ambiguity and working in a dynamic, rapidly evolving organization
  • Willingness to get involved in all aspects of a small team environment
  • Sharp communication skills – ability to communicate succintly and clearly; excellence in writing and presenting
  • Great interpersonal skills – ability to work collaboratively with colleagues around the world