Sr. Director, SSBCI, Pre-Seed & Seed Fund

* Applicants MUST submit a cover letter with resume to be considered. 

* This position will require in-office presence. Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy.

* Minorities, women, and individuals with disabilities are encouraged to apply. Please contact Human Resources if you require an accommodation.

BASIC FUNCTION:  

The Senior Director will be integrally involved in supporting the work of the State Small Business Credit Initiative programs including all aspects of developing, creating and managing the State Small Business Credit Initiative Pre-Seed and Seed Fund Program for the NY Ventures team.

WORK PERFORMED:

The Senior Director will be responsible for providing support to the NY Venture Fund’s Managing Director and working with other senior staff in all aspects of executing the SSBCI programs with primary focus on the pre-seed and seed fund. The NY Ventures Pre-Seed and Seed Fund invests in seed stage high growth innovation businesses across NY. The focus is fostering a start-up ecosystem that creates new opportunities for diverse entrepreneurs to build and scale meaningful businesses in the state. Job responsibilities may include, but are not limited to:

• Creating and managing program protocols, processes, guidelines and structure for recruiting, sourcing, reviewing, diligence and managing the Pre Seed and Seed Fund.
• Developing and maintaining partnerships with angel, seed and institutional investors for sourcing deals. 
• Establishing partnerships with accelerator, incubator and other partners across NYS for support of applicant companies, sourcing of opportunities and marketing of the program.
• Create, collect and manage documentation, and legal support of investment opportunities including data required to be maintained and submitted for program compliance.
• Provide generalized support, guidance and mentoring to applicant and investment companies.
• Work with the NY Ventures Assistant Director and ESD Marketing resources to develop opportunities for creating additional awareness of the Pre Seed and Seed Fund (as well as other NY Ventures programs).
• Collect data, create and prepare reports on program outcomes for internal and external audiences including the quarterly and annual reports for US Treasury. 
• Provide oversight, management and guidance to the other SSBCI program directors for quarterly and annual reporting.
• Represent ESD and/or NY Ventures at conferences and meetings, make presentations and participate in panel discussions regarding building and scaling startup companies.
• Assist SSBCI Team in preparation for, and response to outside audits.
• Working effectively with other colleagues within ESD and NYS to further the development of the work of NYSIVC and the Small Business and Technology Division including developing new programs that support startup companies.
• Other duties as assigned.

MINIMUM REQUIREMENTS:

Education level required: Bachelor’s degree in science, business, finance or related field required. Masters preferred. (Ten years’ equivalent work experience in one or more of these sectors may be substitute.)

Required Experience: A minimum of five or more years of investment related experience working with, investing in and supporting early stage, high growth companies in the innovation community 

Required Knowledge: 

• Strong knowledge and passion for technology and entrepreneurship 
• Solid writing and financial analysis background  
• Excellent interpersonal and networking skills with proven ability to develop and maintain effective business relationships
• Analytical skill and ability to interpret data and provide relevant conclusions/recommendations
• Excellent computer and organizational skills 
• Ability to work with limited supervision 
• Ability to articulate ideas in a group setting