DRW Venture Capital is a private investor in financial and enterprise technology. Our team focuses on businesses that will benefit from our engagement beyond capital: as a client, as a liquidity provider, through our review of new products, and through our deep industry expertise in financial services. We focus on venture capital and growth equity investments in companies with a minimum of $5mn in revenue, are stage agnostic and are looking for an Associate to join the team that has a strong investment skillset who can both contribute to and lead process together with the team. Our portfolio comprises 25 companies including ErisX, OpenFin, Cuebiq and TradingView.  

As an Associate, you will have meaningful exposure to all aspects of private company investing on a small team across the value chain from earlier stage businesses to pre-IPO.  The role requires a strong sense of self-motivation, quantitative skills and good process. You will play a pivotal role in the evaluation of new opportunities and in the ongoing performance monitoring of the entire portfolio and have the opportunity to regularly interact with portfolio company senior management teams and co-investors. 

In this role you’ll...

  • Contribute to a team and organization that has been leading innovation in technology and financial markets for 25+ years
  • Play a critical role within an established platform, leveraging DRW’s position as a major market participant and technology innovator to screen and evaluate new opportunities, process live transactions, and add value to existing portfolio companies
  • Perform a critical role in forming research and leading work-product to help inform investment decisions

What you’ll do in this role…

  • Financial Analysis: Prepare and review team work-product, including valuations for current and pipeline opportunities including DCF, public and private comparables and transaction analysis, in addition to waterfall analysis
  • Industry Research: Contribute strong baseline knowledge the financial services space to help prepare analysis and research presentations for the group.
  • Deal Structuring: Assist with deal structuring and the evaluation of term sheets, model economic impact
  • Diligence: Prepare and present investment memos and pitch decks for new and follow-on investments based on fundamental analysis and market research
  • Value Creation: Support portfolio company management teams to develop corporate strategy, evaluate M&A opportunities, assess new business lines, and other projects as needed
  • Portfolio Monitoring: Monitor current investments and track key metrics and company performance

You will be right at home if you have… 

  • 2-3 years of experience in Investment Banking, Consulting or Finance
  • A Bachelor’s degree in Finance, Business or related field
  • Deep understanding of valuation and modeling (LBOs, liquidation waterfalls, cap tables, DCF, etc.) and a high level of proficiency in Excel to complete this work accurately
  • A strong passion for investing and evaluating investment opportunities both quantitatively and qualitatively, high level of proficiency in PowerPoint to distill information / key concepts into presentation format
  • Strong attention to detail
  • A strong sense of urgency and self-motivation to work autonomously
  • Limitless curiosity about business models and understanding of how companies make money
  • An interest in the fintech investment category and in gaining exposure to companies across that landscape including cryptocurrency, trading platforms, data businesses and technology companies
  • Excellent communication and relationship building skills

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

#LI-RS1

Apply for this Job

* Required

  
  


U.S. Equal Opportunity Employment Information (Completion is voluntary)

Individuals seeking employment at DRW are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. You are being given the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.

Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.


Form CC-305

OMB Control Number 1250-0005

Expires 05/31/2023

Voluntary Self-Identification of Disability

Why are you being asked to complete this form?

We are a federal contractor or subcontractor required by law to provide equal employment opportunity to qualified people with disabilities. We are also required to measure our progress toward having at least 7% of our workforce be individuals with disabilities. To do this, we must ask applicants and employees if they have a disability or have ever had a disability. Because a person may become disabled at any time, we ask all of our employees to update their information at least every five years.

Identifying yourself as an individual with a disability is voluntary, and we hope that you will choose to do so. Your answer will be maintained confidentially and not be seen by selecting officials or anyone else involved in making personnel decisions. Completing the form will not negatively impact you in any way, regardless of whether you have self-identified in the past. For more information about this form or the equal employment obligations of federal contractors under Section 503 of the Rehabilitation Act, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

You are considered to have a disability if you have a physical or mental impairment or medical condition that substantially limits a major life activity, or if you have a history or record of such an impairment or medical condition.

Disabilities include, but are not limited to:

  • Autism
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, or HIV/AIDS
  • Blind or low vision
  • Cancer
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or hard of hearing
  • Depression or anxiety
  • Diabetes
  • Epilepsy
  • Gastrointestinal disorders, for example, Crohn's Disease, or irritable bowel syndrome
  • Intellectual disability
  • Missing limbs or partially missing limbs
  • Nervous system condition for example, migraine headaches, Parkinson’s disease, or Multiple sclerosis (MS)
  • Psychiatric condition, for example, bipolar disorder, schizophrenia, PTSD, or major depression

1Section 503 of the Rehabilitation Act of 1973, as amended. For more information about this form or the equal employment obligations of Federal contractors, visit the U.S. Department of Labor's Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.