10 days old

ODD Director- SVB Capital

Silicon Valley Bank
Menlo Park, CA 94025
  • Job Code
    12372
BE PART OF A BANK LIKE NO OTHER.

When you work with the world's most innovative companies, you know you're making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.
Job Description

About SVB Capital

Headquartered in Silicon Valley, SVB Capital is an investment platform investing in the Innovation Economy. The platform currently manages over $6.8 billion of assets across venture capital fund of funds as well as technology and life science equity and credit strategies. Since 1999, SVB Capital continues to be the premier partner to global investors who aim to access the growth of the Innovation Economy.

Job Responsibilities

Lead Operational Due Diligence (ODD) assessments of external fund managers, including on-site meetings with managers and works closely with the Investment Team as they conduct own Investment Due Diligence.

Preparation of ODD Reports which will include a review of all relevant areas including personnel, processes, systems, trade capture, valuation, counterparty risk, accounting and financial reporting, risk management, performance measurement, documentation, compliance, disaster recovery and cyber security.

Review and maintain up to date information and documentation in our internal databases

Continually look for ways to automate processes and help make the firm more efficient

Support or in some circumstances lead ad-hoc projects across the teams.

Maintain a thorough knowledge of industry standards and best practices relating to Operational Due Diligence.

Lead and execute a program for ODD assessments of external fund managers and portfolio investments, including on-site meetings with managers as warranted. Work closely with the Investment Team as they conduct own Investment Due Diligence.

Preparation of ODD Reports which will include a review of all relevant areas including personnel, processes, systems, trade capture, valuation, counterparty risk, accounting and financial reporting, risk management, performance measurement, documentation, compliance, disaster recovery and cyber security.

Desired Qualifications

Thorough understanding of both public and private market investment operations process flows including funds transfer, waterfall and carry fee methodology, trade life cycle, settlement, custody and valuation processes.

Good understanding of a wide range of financial instruments as well as a solid understanding of private market strategies.

Impeccable degree of honesty and integrity

Strong work ethic and tireless dedication to achieving excellence

Curious and inquisitive, with a genuine interest in investing

Respectfully skeptical, with a truly open mind

Passionate about organization, process and discipline

5+ years' experience doing Operational Due Diligence with a focus on Alternatives, both liquid (Hedge Funds) and illiquid (Private Equity, Credit, Real Estate)

Experience of managing the full ODD process from start to finish and be able to work with minimal support.

Experience evaluating and reporting on internal control processes, procedures and documentation.

For nearly forty years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group's businesses, including Silicon Valley Bank, offer commercial, investment and private banking, asset management, private wealth management, brokerage and investment services and funds management services to companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. Headquartered in Santa Clara, California, SVB Financial Group operates in centers of innovation around the world.

2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).

SVB Financial Group is an equal opportunity employer.

At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.





Posted: 2021-09-11 Expires: 2021-10-10
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ODD Director- SVB Capital

Silicon Valley Bank
Menlo Park, CA 94025

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