Associate

Summary

Novo Holdings is seeking an Associate for its Growth Investments team in San Francisco. The role involves identifying, evaluating, and managing investments, as well as expanding industry expertise. The Associate will work on projects related to new investments and asset management activities within the growing portfolio.

Requirements

• A Bachelor’s degree from a top-tier institution
• 2+ years at a top investment bank or leading consultancy or leading investment organization
• Strong financial modeling skill set
• An interest in life sciences

Responsibilities

• Contribute to the identification, origination, evaluation, diligence, and negotiation of new investments as well as to asset management activities within its growing portfolio
• Evaluate new investment opportunities and synthesize findings in form of PowerPoint Presentations, Word memos and Excel models for internal discussions
• Take part in preparing all aspects of internal investment documentation in form of PowerPoint presentations, Word memos and Excel models, to be presented to governing bodies of Novo Holdings (e.g., Novo Growth’s Investment Committee and Novo Holdings’ Executive Management)
• Manage projects by taking a lead on scoping and managing the content and timing of relevant due diligence streams (e.g., commercial, financial, legal, IT, operational) related to investment projects and portfolio companies
• Take lead on creating models in Excel to assess new potential and current investments, including all aspects of bottom-up operational forecasting, valuation models (e.g., discounted cash flow valuation, return / hold valuation, and peer group valuation), and capital structure models
• Continuously expand industry expertise through desktop research, external meetings, expert calls, external advisors, and conferences
• Leverage the knowledge and capabilities of the broader Novo Holdings team and collaborate with other departments and colleagues in other locations on investment projects in overlapping industries

Benefits

• Medical and dental insurance
• Retirement benefits
• 5 months of parental leave regardless of gender
• Commuting reimbursement
• One Medical membership
• Fitness reimbursement
• Family planning benefits
• Home internet reimbursement
• Daily catered lunches
• Generous PTO and holiday time