Specialist - BHP Ventures | US

BHP Ventures

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

BHP Ventures works with teams across BHP and with our external partners to generate opportunities that support the company’s most important strategic priorities, engaging as closely with our C-suite as we do with our start-ups to drive mutually beneficial outcomes.

Our investment strategy is oriented around growth by accessing cutting-edge technologies that augment our current operations, enhancing our resource base in nickel, copper and other “future-facing” commodities, expanding into new market verticals and horizontals, and seeding potential new business lines.
 

About the Role

Close engagement and collaboration with key internal stakeholders at BHP as well as external ecosystem partners.

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.

Your key responsibilities will include:

• Gaining fluency in, and meaningful exposure to, key mining industry concepts and cutting-edge technologies of strategic relevance to BHP, as well as developing relationships within the investing ecosystem that enable you to identify, assess and access attractive investment opportunities.
• Undertaking independent market analysis to develop new and existing investment theses, identifying market trends and specific opportunities across multiple verticals, to guide our investment strategy towards maximizing both financial and strategic returns to BHP.
• Assisting with qualifying, screening, prioritizing, establishing relationships with, and tracking a high volume of prospective investments to develop our pipeline of new opportunities for BHP;
• Assisting with end-to-end due diligence activities including market and competitive research, financial/valuation analysis and modeling, commercial due diligence, obtaining venture and founding team references from customers and other investors, authoring investment memoranda, and presenting investment recommendations to our Executive Leadership Committee.
• Assisting investment team leaders with managing the investment processes from start to finish, including coordinating with prospective investment companies’ management teams, internal BHP business units, legal and finance teams, deal structuring and negotiation strategies, and ensuring transaction timelines and milestones are met.
• Engaging our portfolio companies and developing relationships with key external and internal stakeholders to activate strategic collaboration with BHP.
• Synthesizing insights from your market engagement and end-to-end investment activities to drive additional revenue and savings across BHP.
• You will also play a role in supporting and enhancing our team’s world class corporate venture operations by (amongst other things):

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,
• Creating content, events, and more to enhance BHP Ventures brand, and
• Developing key relationships across BHP stakeholders.

You may also have the opportunity to rotate to other teams critical in developing and delivering BHP’s most important strategic priorities.

About You

You will have successfully completed a relevant undergraduate degree. Candidates should understand risk and how to price it, and be familiar with investment processes, transaction documents, and key investment terms. Operational experience within the resources sector would be advantageous, but not essential.  

You must be a fast learner, a careful listener, curious about everything, and able to quickly assess a range of technologies. You will be tasked with multiple investment processes and internal projects concurrently, and the ability to prioritize these demands on your time will be paramount. Can you navigate from green steel to copper leaching 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.