Investment Portfolio Principal
Company: Solventum
Location: Salt Lake City
Posted on: October 10, 2024
Job Description:
Thank you for your interest in working for our Company.
Recruiting the right talent is crucial to our goals. On April 1,
2024, 3M Healthcare underwent a corporate spin-off leading to the
creation of a new company named Solventum. We are still in the
process of updating our Careers Page and applicant documents, which
currently have 3M branding. Please bear with us. In the interim,
our Privacy Policy here: continues to apply to any personal
information you submit, and the 3M-branded positions listed on our
Careers Page are for Solventum positions. As it was with 3M, at
Solventum all qualified applicants will receive consideration for
employment without regard to their race, color, religion, sex,
sexual orientation, gender identity, national origin, disability,
or status as a protected veteran.Job Description:Investment
Portfolio Principal (Solventum) 3M Health Care is now Solventum At
Solventum, we enable better, smarter, safer healthcare to improve
lives. As a new company with a long legacy of creating breakthrough
solutions for our customers' toughest challenges, we pioneer
game-changing innovations at the intersection of health, material
and data science that change patients' lives for the better while
enabling healthcare professionals to perform at their best. Because
people, and their wellbeing, are at the heart of every scientific
advancement we pursue.We partner closely with the brightest minds
in healthcare to ensure that every solution we create melds the
latest technology with compassion and empathy. Because at
Solventum, we never stop solving for you.The Impact You'll Make in
this RoleAs an Investment Portfolio Principal, you will have the
opportunity to tap into your curiosity and collaborate with some of
the most innovative and diverse people around the world. Here, you
will make an impact by:
- Deal sourcing: Proactively develop relationships with peer
investment funds, including corporate and private venture capital,
investment banks, and other corporate industry insights partners to
originate investment opportunities and source new deals
- Deal due diligence and execution: Lead in-depth due diligence
and analysis of new investment opportunities including financial,
strategic, and market alignment considerations. Manage deal
execution including deal structuring, terms, valuation, exit event
analysis and evaluation. Work cross-functionally with legal,
finance, tax/accounting, and regulatory through diligence and
execution phase.
- Deal champion: In partnership with division leadership, lead
the development and presentation of deal pitch to Investment
Committee, including Company C-level executives, inclusive of deal
strategy, deal terms, financial valuation
- Investment Portfolio Management: Oversee portfolio companies,
actively support company operating and financial iniativies, and
serve as a Board Observer or Board Member as appropriate on behalf
of Solventum.
- Division Collaboration: Facilitate collaboration between
division and portfolio companies to drive revenue growth and
strategic value for both companies; identify and surface innovation
opportunities.Your Skills and Expertise To set you up for success
in this role from day one, Solventum requires (at a minimum) the
following qualifications:
- Bachelor's degree from an accredited university and (5) years
investment experience in venture capital, growth equity, or
corporate venture capital
- Minimum (5) years with healthcare industry vertical either as
investor, or working directly in health care, or health care
technology setting
- Strong financial acumen with the ability to develop robust and
credible valuation models
- Demonstrated success and investment track record
- Demonstrated success and comfort working with senior level
executivesAdditional qualifications that could help you succeed
even further in this role include:
- Advanced degree in business, finance, health care, or related
scientific field
- 8 years investment experience in venture capital, growth
equity, or corporate venture capital
- 8 years with healthcare industry vertical either as investor,
or in health care, or health care technology setting
- Strong interpersonal and communication skills, and proven track
record of influencing at high levels within the organization
- Flexibility and responsiveness to meeting tight deadlines
- Creative problem solving with the ability to work with diverse
functional teams to evaluate and resolve complex issues
- Strong organizational and prioritization skillsWork location:
- Hybrid work based out of SLC, UT or St. Paul, MN
preferred.
- Remote option for the right candidate may be consideredTravel:
May include up to 30% domestic and international based on
projectsRelocation Assistance: May be authorizedMust be legally
authorized to work in country of employment without sponsorship for
employment visa status (e.g., H1B status).Supporting Your
Well-being Solventum offers many programs to help you live your
best life - both physically and financially. To ensure competitive
pay and benefits, Solventum regularly benchmarks with other
companies that are comparable in size and scope. Applicable to US
Applicants Only:The expected compensation range for this position
is - , which includes base pay plus variable incentive pay, if
eligible. This range represents a good faith estimate for this
position. The specific compensation offered to a candidate may vary
based on factors including, but not limited to, the candidate's
relevant knowledge, training, skills, work location, and/or
experience. In addition, this position may be eligible for a range
of benefits (e.g., Medical, Dental & Vision, Health Savings
Accounts, Health Care & Dependent Care Flexible Spending Accounts,
Disability Benefits, Life Insurance, Voluntary Benefits, Paid
Absences and Retirement Benefits, etc.). Additional information is
available at: Responsibilities of this position include that
corporate policies, procedures and security standards are complied
with while performing assigned duties.Solventum is committed to
maintaining the highest standards of integrity and professionalism
in our recruitment process. Applicants must remain alert to
fraudulent job postings and recruitment schemes that falsely claim
to represent Solventum and seek to exploit job seekers.Please note
that all email communications from Solventum regarding job
opportunities with the company will be from an email with a domain
of . Be wary of unsolicited emails or messages regarding Solventum
job opportunities from emails with other email domains.Solventum is
an equal opportunity employer. Solventum will not discriminate
against any applicant for employment on the basis of race, color,
religion, sex, sexual orientation, gender identity, national
origin, age, disability, or veteran status.Please note: your
application may not be considered if you do not provide your
education and work history, either by: 1) uploading a resume, or 2)
entering the information into the application fields directly.
Solventum Global Terms of Use and Privacy Statement Carefully read
these Terms of Use before using this website. Your access to and
use of this website and application for a job at Solventum are
conditioned on your acceptance and compliance with these
terms.Please access the linked document by clicking here , select
the country where you are applying for employment, and review.
Before submitting your application you will be asked to confirm
your agreement with theterms.
Keywords: Solventum, Logan , Investment Portfolio Principal, Education / Teaching , Salt Lake City, Utah
Didn't find what you're looking for? Search again!
Loading more jobs...