Review Vacancy
AgencyEmpire State Development, NYS
TitleAssistant Director, NY Ventures
Occupational CategoryOther Professional Careers
Salary RangeFrom $85000 to $90000 Annually
Duties Description *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 Assistant Director will serve as key operational partner to the Managing Director of NY Ventures and its senior staff with responsibility for establishing and maintaining evaluation and performance metrics for its various internal and external stakeholders, including oversight for data collection and integrity, systems tools, and data analysis and reporting across all NY Ventures programs. The Assistant Director will also conduct research in support of specific investment deals or areas.
WORK PERFORMED:
The Assistant Director is responsible for establishing and maintaining the quantitative framework that validates and communicates the success and reach of NY Ventures investment programs. The core function is to ensure systems integrity, strategic performance measurement and streamlined execution of data capture, collection and reporting to ensure accuracy, security and accessibility across all direct and indirect programs of NY Ventures for internal and external stakeholders.
· Strategic Measurement & Impact Reporting: Own the end-to-end data management, reporting, and advanced analytics functions. Develop and track both financial and socio-economic impact metrics to effectively communicate the return on investment for internal stakeholders and external partners.
· Operational Optimization & Efficiency: Proactively identify, analyze, and implement opportunities to streamline work and activities across NY Ventures to ensure efficient and scalable program execution.
· Data Governance & Integrity: Manage investment-related data, ensuring the highest standards of accuracy, security, and accessibility across all direct and indirect programs, including best practices for data collection, analysis, reporting, and retention.
· Research & Program Support: Collaborate with team to provide essential research and analytical support for active deal flow, investment due diligence, and overall program investment activities.
· Develop and generate performance reports for internal stakeholders and executive leadership.
· Work with team to develop and track key performance indicators (KPIs) and metrics for all facets of investment activities for both financial and socio-economic impact metrics and activities across NY Ventures to effectively communicate return on investment for all stakeholders.
· Conduct advanced analytics to provide insights into portfolio performance, risk assessment, and market trends.
Operational Optimization & Efficiency :
· Proactively identify bottlenecks and inefficiencies in program execution workflows.
· Develop and implement strategies, processes, and technology solutions to streamline activities and enhance overall operational efficiency.
Data Governance & Integrity:
· Manage investment-related data, ensuring accuracy integrity, security, and accessibility across all direct and indirect investment programs.
· Oversee data governance and implement best practices for data collection and storage.
Research & Program Support:
· Conduct targeted research on venture capital, emerging technologies, and regional economic development to inform investment strategy.
· Assist the Managing Director and other senior team members with ad-hoc projects, presentations, and preparation for internal and external meetings.
Minimum Qualifications Education Level required: Minimum of a bachelor’s degree; Advanced Degree in Finance, Statistics, Math, Computer Science or other technical fields preferred. Seven years direct experience may be substituted for degree.
Relevant experience required: One or more years of investment analysis related experience at a PE/VC firm, analytical roles with innovation programs or, alternatively, four or more years of financial operations managing data, performance measurement and systems. Familiarity with process and documents related to venture capital investment.
Knowledge Required: Strong knowledge and passion for innovation and entrepreneurship. Strong analytical background, solid writing and financial experience; versatile and flexible self-starter with strong work ethic.
Excellent interpersonal and networking skills with proven ability to develop and maintain effective business and team relationships. Attention to detail and organizational skills required. Excellent computer, software, systems experience. Ability to learn and implement new systems quickly. Excellent data management, analysis and interpretation skills. Ability to work with limited supervision; Ability to articulate ideas in a group setting.
Additional Comments Salary range as specified.
Comprehensive Benefits Package.
Some positions may require additional credentials or a background check to verify your identity.
Name Jane Martinez – HR Trainer/Talent Acquisition Specialist
Email Address resumes@esd.ny.gov
Address
Notes on ApplyingExternal Candidates: Please attach cover letter and resume. To apply copy & paste URL in browser: https://bit.ly/3APr8cp
Internal Candidates: Please apply through ADP using the Myself/Talent menu and submit your cover letter and resume for consideration.
WE ARE AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY