Join Cleveland Clinicâs Main Campus where research and surgery are advanced, technology is leading-edge, patient care is world class and caregivers are family. Here, you will work alongside a passionate and dedicated team, receive endless support and appreciation, and build a rewarding career with one of the most respected healthcare organizations in the world. Â
The Principal Ventures works closely with the Executive Director and Partners on the Ventures team to identify, evaluate, and recommend investments in startup companies. Supporting a portfolio spanning medical devices, life sciences, and digital health, this individual contributes to all aspects of the Ventures investment program, including research into emerging areas of healthcare innovation, oversight and guidance of junior team members, and execution of special projects.
A caregiver in this role works a hybrid schedule from 8:00 a.m. -- 5:00 p.m., with a minimum of three in-office days each week (Mondays and Wednesdays required, plus one additional day), with additional on-site days as business needs require.
A caregiver who excels in this role will:Â Â
Lead idea generation, market research and diligence activities to create actionable investments into new or existing Cleveland Clinic startup companies.
Build complex financial models that analyze and monitor New Companiesâ startups compared to plans and forecasts, as well as to industry standards.
Identify trends in the industry and specific markets for Cleveland Clinicâs startupsâ specific technologies and competition.
Coordinate activities with all others in the Cleveland Clinic commercialization team and participate in the ongoing development of the New Companies team by fostering on-going external relationships with entrepreneurial and venture capital communities.
Seek to successfully lead an investment from end-to-end (sourcing to thesis development to diligence to investing) and serve as Member of the Board of Directors of this startup under the direct supervision of the General Manager New Companies.
Interface with other Cleveland Clinic startup board members and Directors to ensure that the goals of the New Companies team are advanced.
Hire a CEO and/or founding executive team through the creation of a strategic hiring plan, writing of job descriptions, and targeted interviews, either organically or through a recruiting firm.
Set a due diligence process for an investment with layered questions and in collaboration with business analytics, finance, and legal team members.
Work with the Cleveland Clinic startup company team to create and deliver investor presentations that are designed to attract and expedite the syndicated investment of external capital into companies formed by the Cleveland Clinic.
Prepare and present reports for Cleveland Clinicâs executive team and other CCF stakeholders.
Other duties as assigned.
Minimum qualifications for the ideal future caregiver include:
Bachelor of Arts or Bachelor of Science degree in Economics, Mathematical Sciences, Engineering, Computer Science, Business, or Liberal Arts
Six years of business research and analysis experience and experience with entrepreneurial resources
Proficiency in Excel, PowerPoint, Word, Access, Adobe Acrobat, and other technologies including multiple databases and LinkedIn
Critical thinking skills, decisive judgment and the ability to work with minimal supervision
Excellent interpersonal, oral, and written communication skills
Excellent project management and product management skills and experience
Preferred qualifications for the ideal future caregiver include:
PhD or Masterâs degree in life sciences
Prior experience in venture capital, investment banking, or management consulting
Strong record of academic achievement
Experience with venture-stage life sciences companies
Scientific and experiential background
Physical Requirements:
Requires frequent sitting, normal or corrected vision and manual dexterity sufficient to perform work on a personal computer.
Requires the ability to walk to various locations to attend meetings.
Requires ability to travel, both domestically and internationally.
Personal Protective Equipment:
Follows standard precautions using personal protective equipment as required.
           Â
The policy of Cleveland Clinic Health System and its system hospitals (Cleveland Clinic Health System) is to provide equal opportunity to all of our caregivers and applicants for employment in our drug free environment. All offers of employment are followed by testing for controlled substances.
Cleveland Clinic Health System administers an influenza prevention program. You will be required to comply with this program, which will include obtaining an influenza vaccination on an annual basis or obtaining an approved exemption.
Decisions concerning employment, transfers and promotions are made upon the basis of the best qualified candidate without regard to color, race, religion, national origin, age, sex, sexual orientation, marital status, ancestry, status as a disabled or Vietnam era veteran or any other characteristic protected by law. Information provided on this application may be shared with any Cleveland Clinic Health System facility.Â
If applying for a Florida position, please see the following website for more information on the background screening requirements required by the Agency of Health Care Administration: https://info.flclearinghouse.com/
Please review the Equal Employment Opportunity poster.Â
Cleveland Clinic is pleased to be an equal employment opportunity employer.
ccf