Director, Live Oak Ventures

About Us
Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America's Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.
How This Role impacts Live Oak and its People
The Corporate Strategy & Development team drives innovation and strategic planning for Live Oak. The group is responsible for Live Oak's Venture Capital business, Live Oak's embedded banking business, a number of incubation projects, and the overall strategic planning process for the Bank. This role will help drive outsized value for the Bank through the venture investment strategy.
What You'll Do at Live Oak
This role will be a significant driver of the Ventures investments at Live Oak Bank. The team is responsible for managing relationships with 10-15 current portfolio companies and participating directly in deal activity for all new investment opportunities. Live Oak Ventures has a successful track record, with over 9x returns, and including recent exits in Finxact and Payrailz.
How You'll Do It

• Analyze and manage due diligence process on investment opportunities (business analysis, industry thesis, competitive landscape, business/pricing model, and financial modeling / deal structuring)
• Gather and present market data to analyze trends and identify investment opportunities in the fintech and financial services sectors.
• Support portfolio companies in their financial planning, capital raising, commercial and growth strategies.
• Build the Live Oak network of relationships and develop infrastructure to i) monitor potential opportunities, ii) track conversations, and iii) keep our executive team informed.
• Monitor the financial performance of our investment portfolio for regulatory, accounting and business objectives.

• Create financial models and powerpoint presentations to facilitate the team's overall efforts.

Required Experience

• 10+ years experience preferably with knowledge of financial technology and finance
• Evidence of strong leadership and business acumen with ability to handle complex situations and multiple responsibilities simultaneously mixing long term projects with the urgency of immediate demands
• Deep interest in technology and how it interacts with financial institutions. Desire to develop a fintech expertise, rooted in an understanding of bank infrastructure and financial metrics
• Strong communication skills - ability to represent the Live Oak story with third parties and to update internal stakeholders
• Strong analytical skills - ability to bring structure to ambiguous or complex problems, ability to generate insights and develop relevant action plans
• Strong quantitative skills with an ability to evaluate market opportunities using all available resources including financial models.
• Team player - ability to work collaboratively in a matrixed organization
• Curiosity, with excellent listening skills and ability to challenge current thinking
• Ability to manage multiple priorities and a heavy workload
• Organized - ability to track, monitor and maintain large sets of information from various sources
• Excel and PowerPoint capabilities
• Education: Bachelor's Degree is required in relevant area
• Location: Flexible: Wilmington, NC or monthly trips to Wilmington, NC

To Thrive at Live Oak

• Gravitate to Growth - Shows adaptability and support for changes to improve organizational effectiveness.
• Communicate and Collaborate - Communicates clearly and thoughtfully, demonstrating empathy in teamwork.
• Eye of the Tiger - Gets positive results by taking personal responsibility for actions and team outcomes.
• Know Your Business - Curates and maintains a depth of knowledge and skill to perform one's job effectively.
• Customer at the Center - Provides customers with a personalized experience to achieve exceptional outcomes.

For a detailed overview of our employee benefits please visit: https://www.liveoakbank.com/corporate-social-responsibility/live-oak-bank-employees/
At Live Oak Bank, we are passionately focused on creating an inclusive and genuine environment! We encourage you to apply for roles that you believe you'd be a great fit for, even if you feel your past experience does not perfectly match every requirement. As we continue to grow, our People Team will match the skillsets of current and prior applicants with open roles within our organization. As we say at Live Oak, "Paint the Target!" and go after your goals!"