Details

Open Date 04/29/2024

Requisition Number PRN14792N

Job Title OCHE Intern

Working Title UT Innovation Lab Venture Capital Investment Analyst Internship

Job Grade UGR

FLSA Code Nonexempt

Patient Sensitive Job Code? No

Type Non Benefited Staff / Student

Temporary? Yes

Standard Hours per Week 19

Full Time or Part Time? Part Time

Shift Day

Work Schedule Summary

Hybrid: Flexible Schedule, Mon – Fri 8am – 5pm

Is this a work study job? No

VP Area President

Department 01379 - USHE Comissioner

Location Office of the Commissioner - Downtown SLC

City Salt Lake City, UT

Type of Recruitment External Posting

Pay Rate Range $15.00

Close Date

Job Summary

The Utah Innovation Lab is a $15M state-funded venture capital fund aimed at supporting the commercialization of technologies being discovered, advanced, or developed at Utah’s institutions of higher education. As a Venture Capital (VC) Investment Analyst Intern, you will play a crucial role in supporting the investment team in evaluating potential investment opportunities and assisting with various tasks in the VC process.

This is a part-time, temporary internship. This temporary, non-benefited position may work up to 19 hours per week.

Internship date range: May 13, 2024 up to August 30, 2024

Responsibilities

Essential Functions & Responsibilities may include:

1. Conducting market research and industry analysis to identify trends and potential investment sectors.

2. Assisting the investment team on sourcing opportunities that match the fund’s investment thesis.

3. Assisting in due diligence processes, including financial modeling, competitive analysis, valuation analysis, etc.

4. Supporting the team in preparing investment memos and presentations.

5. Monitoring portfolio companies’ performance and conducting regular updates.

6. Collaborating with team members to evaluate startups and assess their growth potential.

7. Participating in meetings with entrepreneurs and potential partners.

8. Contributing to the overall investment strategy through insightful research and analysis.

9. upporting other operational activities associated with the firm.

Requirements :

• Ability to attend Saturday orientation meeting (date and time TBD )

• Ability to attend weekly Monday afternoon/night investment team meeting (hybrid)

• Ability to attend weekly investment analyst meeting

• Ability to spend 19 hours/week on the job

• Ability to travel to Salt Lake City or Lehi for periodic in-person meetings

• Personal computer or access to a computer

Minimum Qualifications

Qualifications

• High School Diploma, or equivalency

• Currently enrolled in a Utah institution of higher education.

• Strong analytical and research skills, with the ability to analyze complex information and present it clearly and concisely.

• Excellent written and verbal communication skills.

• Proactive, self-driven, and able to work independently as well as part of a team.

• Proficiency in Microsoft Office Suite and familiarity with research databases and tools.

Preferences

Preferred Candidates will have…

1. Either

2. Investment banking, private equity, venture capital, or other investing experience (internship experience counts – especially internships where interns have conducted due diligence for investment memos)

3. Have a deep technical understanding (junior, senior, master’s, PhD) in a relevant discipline – advanced manufacturing, aerospace & defense, energy & natural resources, life sciences/biotech, outdoor products & rec, emerging technology (blockchain, ML, AI, AR/VR, etc.)

4. NOTE : if you do not meet the requirements above but are interested in interning with the Utah Innovation Lab, we encourage you to apply for our unpaid 10-hour/week internship!

Special Instructions Summary

Additional Information

The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS’ post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.

This position may require the successful completion of a criminal background check and/or drug screen.

The University of Utah values candidates who have experience working in settings with students and patients from all backgrounds and possess a strong commitment to improving access to higher education and quality healthcare for historically underrepresented students and patients.

All qualified individuals are strongly encouraged to apply. Veterans’ preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law. Upon request, reasonable accommodations in the application process will be provided to individuals with disabilities.

The University of Utah is an Affirmative Action/Equal Opportunity employer and does not discriminate based upon race, ethnicity, color, religion, national origin, age, disability, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, pregnancy-related conditions, genetic information, or protected veteran’s status. The University does not discriminate on the basis of sex in the education program or activity that it operates, as required by Title IX and 34 CFR part 106. The requirement not to discriminate in education programs or activities extends to admission and employment. Inquiries about the application of Title IX and its regulations may be referred to the Title IX Coordinator, to the Department of Education, Office for Civil Rights, or both.

To request a reasonable accommodation for a disability or if you or someone you know has experienced discrimination or sexual misconduct including sexual harassment, you may contact the Director/Title IX Coordinator in the Office of Equal Opportunity and Affirmative Action ( OEO /AA). More information, including the Director/Title IX Coordinator’s office address, electronic mail address, and telephone number can be located at: https://www.utah.edu/nondiscrimination/

Online reports may be submitted at oeo.utah.edu

https://safety.utah.edu/safetyreport This report includes statistics about criminal offenses, hate crimes, arrests and referrals for disciplinary action, and Violence Against Women Act offenses. They also provide information about safety and security-related services offered by the University of Utah. A paper copy can be obtained by request at the Department of Public Safety located at 1658 East 500 South.