Investment Director | US |

Date:  22-Jun-2022
Job Posting End Date:  17-Jun-2022;09:59:59GMT
Job Country: 

USA

Job State/Province: 
Job Location/Region: 

BHP is a world-leading natural resources company, with more than 80,000 people across 90 locations globally, primarily operating in Australia, Asia and the Americas.

 

Our purpose is to bring people and resources together to build a better world. We will do this through our business activities, which provide the natural resources our world needs to thrive, and creating social value across for all our stakeholders through our contributions to the environment and our society.  

 

The commodities we produce are the building blocks of the modern world, from the iron ore needed to create steel for construction of buildings, infrastructure and wind turbines, to the nickel powering the electric vehicle revolution, the copper enabling the next generation of renewable infrastructure and the potash used in fertilisers to support the global food supply chain.

About BHP Ventures

We are a dedicated internal venture capital investment unit, established to build and manage a portfolio of technology investments that not only help accelerate BHP’s innovation activities today, but also seeds future growth options for the company to thrive for decades ahead. 

We work closely with teams across BHP and with our outside partners to generate opportunities to support the company’s most important strategic priorities. Our success depends on our ability to engage as closely with our C-suite (Executive Leadership Team, or ELT) as we do with our start-ups and drive common outcomes.

Our portfolio is oriented around growth… securing the future growth of our current operations by accessing cutting-edge technologies and leading capabilities, growing our resource base in nickel, copper and other “future-facing” commodities by discovering and/or recovering resource first, growing our business into new verticals and horizontals, and seeding potential new business lines, such as carbon removal.

Our team is global, our portfolio is global, and our vision is big. If we are successful, our early-stage investment strategy will find and develop leading technologies and talent from across the world which, when combined with the power of BHP’s current capabilities, can together unlock significant value for our companies, partners and for BHP and its stakeholders. 
 

Expressions of interest are sought for an Investment Director within BHP Ventures, our in-house venture capital investment unit. The Senior VC Associate will be a critical member of our global team, driving end-to-end investing activities from deal sourcing through to investment execution, portfolio company management, team operations, and external and internal stakeholder engagements.   Every day you show up at work, be that at home, in the office or anywhere else, you’ll demonstrate a commitment to BHP’s Values… that means an overriding commitment to health, safety, respect, integrity, environmental responsibility and sustainable development and an obligation to comply with Our Charter Values.

About The Role

Your key roles will include early-stage company assessment and support, including:

 

  • Leading the team of investors responsible for the venture investment origination and execution;
  • Identifying, engaging and managing relationships with entrepreneurs, investors, and investment bankers to generate and manage organic deal pipeline; 
  • Qualifying, prioritizing, managing, screening, and tracking a high volume of new investment opportunities;
  • Acting as a subject matter expert on both early-stage deal structuring and technology investments;
  • Undertaking independent research into technology areas in which BHP Ventures could target through its investments, over time developing expertise in multiple verticals to identify trends and recommend investment opportunities;
  • Creating and maintaining market maps for strategic and financial targets;
  • Gaining fluency and meaningful exposure to tech and the tech investing ecosystem to assess the attractiveness of potential opportunities, having regard to the strategic value BHP could realise through an investment and the commercial appeal of the investment;
  • Leading transaction execution teams harnessing the insights and participation of key internal business stakeholders and potentially external advisors as relevant;
  • Authoring investment memos and managing the investment processes from start to finish including coordinating with legal and finance teams.
  •  

You will also be pivotal to ensuring world class corporate venture operations, including by:

 

  • Serving as a board director and/or board observer for executed transactions;
  • Supporting ongoing portfolio management and follow-on funding rounds;
  • Enhancing the team’s internal efficiencies and communications by identifying opportunities to continually improve how we do our work;
  • Communicating and collaborating with the utmost respect and integrity with all internal and external stakeholders;

About You

Candidates should have previous technology investment experience, with an understanding of risk and how to price it, and a familiarity with investment process, transaction documents, and key terms; including side letter negotiations and board director/observe experience.

 

You must be a fast learner, a careful listener, curious about everything, and able to quickly assess a range of technologies… Can you navigate from quantum physics to equipment autonomy to carbon capture and sequestration, quickly determine what could be real and what is likely to just be hype… all in one day? 

 

You must be comfortable and thrive in a fast-paced and unstructured working environment, which means you have a strong bias for action and impeccable attention to detail.  You’ll need to take initiative and be resourceful… BHP is a big, global company, but we are a small, nimble team engaging with leading start-ups… and you will be expected to make that integration “work”.

 

To be good at this, you will clearly understand the value of relationships and drive yourself to build and maintain your own broad network, internally and externally. That means being comfortable picking up the phone and calling someone; it means knowing how to write an engaging email, being responsive but not overly aggressive. It means listening to what people are actually saying and knowing how to see through the noise to spot the win-win outcome.

 

Perhaps most importantly, you need passion… passion about sustainable business practices and investing for global impact, passion for driving outcomes as part of an awesome team and passion about building your own career as a prolific investment professional.   
 

About Our Process 

 

At BHP, we are committed to employing individuals who align with the BHP Charter Values and meet the requirements of the role. As part of the recruitment process, there are a number of checks which may be conducted to demonstrate applicants suitability for a role including police / criminal background checks, medical, drug and alcohol testing, due diligence checks, right to work checks, and/or reference checks. 

 

Supporting a Diverse Workforce  
 

The size and magnitude of our business not only provides significant opportunity for professional development, but also attractive salary packages with performance-based bonuses and a unique BHP employee share program. 

 

At BHP, we recognise that we are strengthened by diversity. We are committed to providing a work environment in which everyone is included, treated fairly and with respect.

 

We know there are many aspects of our employees' lives that are important, and work is only one of these, so we offer benefits to enable your work to fit with your life. These benefits include flexible working options, a generous paid parental leave policy, other extended leave entitlements and parent rooms. 

 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran