Director, New Venture Incubation
- Employer
- Capital One
- Location
- New York, New York
- Closing date
- Sep 5, 2022
View more
- Industry
- Financial Services and Banking
- Function
- Finance
- Hours
- Full Time
Job Details
Director, New Venture Incubation
Job Description
About Capital One Ventures team:
Capital One Ventures (COV) is the strategic venture investment arm of Capital One. We seek to invest in and partner with tech startups in order to unlock mutual strategic value and to accelerate Capital One's progress as an innovative technology leader. We are uniquely positioned at the intersection of Capital One's businesses and the startup ecosystem. We continuously survey the market for opportunities that not only result in financial return but drive strategic impact and better experiences for Capital One customers.
The COV team has members in San Francisco, New York and Capital One Headquarters (McLean, VA) who work to identify new opportunities in Enterprise, Data, AI/ML, Cyber, Identity, Payments, Fintech and other strategically relevant areas.
Some of our investments include: Snowflake, ThoughtSpot, Blend, Cylance, Riskified, Dave, and Eightfold.
Who we're looking for:
We seek an entrepreneurial and seasoned company builder to join our Ventures team to help establish and execute an exciting strategy for new venture incubation. In this capacity, you will have the unique opportunity to work with senior leadership across Capital One, along with external entrepreneurs and investors, to identify and then launch a series of new, strategically relevant, high potential businesses.
This person must possess a passion for building new businesses, along with the curiosity, vision, optimism, empathy, and rigorous strategic mindset required to assess, shape, and support emerging startups. Previous experience as a founder and/or early stage startup investor or advisor is critical. Experience operating within large enterprises to drive meaningful strategies would be highly beneficial.
This team member is humble, genuine, strategic, articulate, and professional. S/he possesses the deep understanding and versatility to nimbly leap from the nuances of competitive landscape to deep technical topics, as necessary, with the fearlessness to engage comfortably with the most senior leaders or leading startups, investment firms, or Capital One.
The role
What you'll do:
- Lead the formation and evolution of the vision, strategy, and execution of our new venture incubation program
- Build an external marketing, communication, and engagement strategy to engage the startup and early stage investing ecosystem
- Work with the COV team, Capital One leadership, and startup ecosystem to identify the most promising new opportunities and problem statements to seed new venture explorations
- Partner effectively with a variety of internal and external collaborators to steer and shape nascent business ventures to contribute to our financial and strategic goals
Responsibilities include:
- Strategic Leadership: Develop strong relationships with Capital One business and technology leaders. Understand their strategic priorities, challenges and needs and serve as a subject matter expert and thought leader. Work with the investment team to surface high potential investment and incubation opportunities.
- Diligence & Steering: Leverage your understanding of technology, business models, and emerging trends to evaluate potential investments and direct startups in directions that would create the most shared value.
- Investing: Collaborate with COV investment team members to identify, vet, and execute venture investment transactions. Establish the new venture incubator as a feeder to produce promising new ventures in which Capital One should invest.
- COV Community Building: Engage with the startup ecosystem to build mutually beneficial relationships with promising startups and investors. Cultivate and support the entrepreneurial community around Capital One.
Qualities of Potential Hire include:
- Significant experience as an entrepreneur and/or investor in one or more of the following domains: Fintech, Enterprise, Data, AI/ML, Cloud, Cyber, Identity
- Passion for working with startups and patience for working with large enterprises
- Hunger to learn about and understand complex technology and business problems, and experience developing and evaluating new business strategies
- Excellent written and verbal communication skills
Basic Qualifications
- Bachelor's degree
- At least 8 years experience as an early stage technology startup entrepreneur
Preferred Qualifications:
- MBA or Master's degree in Computer Science or Engineering
- 4+ years of experience in Management Consulting or Venture Capital
- 4+ years of experience in Product Management or Engineering
- 4+ years as a startup investor or advisor
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Company
We Don’t Only Think Big Things—At Capital One, We Do Big Things.
You’re dedicated to your career. You deserve professional satisfaction and personal fulfillment. You belong at Capital One.
Here, every day brings another chance to do impactful work that matters: helping millions of customers confidently manage their money, building stronger communities and delivering truly disruptive tech. You’ll give your all alongside some of the brightest, most resilient people in the industry—and in return, you’ll enjoy the growth opportunities, support, flexibility and benefits you need for an exhilarating life both on and off the job.
Be inspired. Be yourself. That’s #LifeAtCapitalOne.
Creating a Culture of Belonging
At Capital One, we value diversity, inclusion and belonging at our core. We’re building a place of belonging—where everyone can feel seen, heard, valued and free to be their authentic selves. We want to be a place of opportunity—where associates from all backgrounds innovate for our customers and communities, and build meaningful, fulfilling careers.
We endeavor to be a welcoming and inspiring place for all. We seek and embrace diversity. And we’re committed to having a diverse and inclusive workforce, focused on increasing the representation of underrepresented groups, strengthening our culture of inclusion and belonging and harnessing our scale to invest in our communities.
We’re focused on three core principles to advance diversity, inclusion and belonging across Capital One:
Create a culture of belonging where everyone can thrive and innovate
Attract and develop talent from all backgrounds and experiences
Ensure our systems and programs promote fairness and equity
Get a career with more at Capital One. Discover it for yourself today.
Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, sexual orientation, gender identity, protected veteran status, disability or other protected status.
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