Ecolab is active in mergers and acquisitions, investments, and partnerships on a global basis across its various business units as a means of inorganic growth. To that end, Corporate Development is a centralized global corporate function set up with the objective of leading this activity on behalf of Ecolab. The Corporate Development team is composed of senior members who interface internally with the business units, associated executives, and the functional groups across the company, and externally, with target management, owners, industry consultants and bankers, to realize the company’s inorganic growth objectives. The Corporate Development team is responsible for both the Business Development and M&A/Investments activity.
Ecolab is seeking a Senior Manager/Director, Growth Ventures, supporting strategic growth venture investments across Ecolab. The roles’ primary objective is to own and manage the existing investment portfolio including governance, reporting and relationship management. It also involves assessing spaces for strategic expansion opportunity assessment, target identification and sourcing, and commercial team transaction support. This position reports to the Vice President Growth Ventures & Business Development.
Location: St. Paul, MN
What You Will Do:
- Maximize impact of Growth Ventures by building processes to track portfolio management, strategic alignment, drive strategic collaborations and support driving investments to M&A actionability.
- Manage quarterly financial reporting for investment committee updates, including analyzing portfolio financial performance.
- Lead Growth Ventures Operations including: Manage and improve portfolio tracking systems and knowledge management tools. Develop and optimize processes for insights and strategic opportunities. Tracking and monitoring of monthly KPIs for venture investments.
- Partner with internal stakeholders and portfolio companies to conduct comprehensive portfolio reviews, identify growth opportunities and underperforming assets, and recommend strategic adjacencies to guide capital deployment, commercial partnership and resource prioritization
- Profile, contact and engage prospective targets
- Engage in focused outreach with venture capital firms, accelerator programs, and target company CEO’s/ management to build relationships
- Prepare discussion, communication and internal approval materials as needed in support of potential investment opportunities
- Assemble and lead commercial due diligence team to develop business cases, translate diligence findings into, and identify integration planning implications, Partner with M&A, Minority Investments and Technology Partnership & Development teams to execute transactions
Minimum Qualifications:
- The successful candidate must be an outstanding leader with strong relationship building skills, strategic and business acumen, and communication skills
- Experience in strategy development with exposure to M&A, venture investments and partnerships
- Solid financial and general business acumen. Knowledge / experience in capital markets, venture capital / private equity, investment banking is desirable
- Excellent written and verbal communication skills. Ability to synthesize complex datasets into simple messages for dissemination.
- The ability to lead and work well in a global, team based, matrixed environment
- An undergraduate degree in finance or related business degree or engineering/sciences, with an MBA or other advanced business degree required
- 10-12 years professional experience including 5-7 years experience in capital venture, investment portfolio management, business development, strategy, or strategic marketing
Other desirable qualifications:
- Domian knowledge in industrial processes, applied engineering and chemistry
Annual or Hourly Compensation Range
The base salary range for this position is $148,300.00 - $222,500.00. This position is eligible for annual bonus and long-term incentives based on performance, per plan terms. Many factors are taken into consideration when determining compensation, such as experience, education, training, geography, etc. We comply with all minimum wage and overtime laws.
Ecolab strives to provide comprehensive and market-competitive benefits to meet the needs of our associates and their families. Click here to see our benefits.
If you are viewing this posting on a site other than our Ecolab Career website, view our benefits at jobs.ecolab.com/working-here.
Potential Customer Requirements Notice
To meet customer requirements and comply with local or state regulations, applicants for certain customer-facing roles may need to:
- Undergo additional background screens and/or drug/alcohol testing for customer credentialing.
- Be fully vaccinated for COVID-19, including a booster if eligible, unless a religious or medical accommodation is requested by the applicant and approved by Ecolab.
Americans with Disabilities Act (ADA)
Ecolab will provide reasonable accommodation (such as a qualified sign language interpreter or other personal assistance) with our application process upon request as required to comply with applicable laws. If you have a disability and require accommodation assistance in this application process, please visit the Recruiting Support link in the footer of each page of our career website.