Managing Partner, Seligman Venture Partners at Ameriprise Financial Services, LLC

Menlo Park, California, United States -

Full Time

Start Date

Immediate

Expiry Date

28 Dec, 25

Salary

425000.0

Posted On

29 Sep, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Investment Decision Making, Cloud Infrastructure, AI, Machine Learning, Cyber Security, Portfolio Management, Board Governance, Business Development, Analytical Skills, Valuation, Team Leadership, Public Relations, Budgeting, Legal Oversight, Marketing, Talent Acquisition

Industry

Financial Services

Description

Managing Partner will be the lead decision maker for all investments in VC team’s target verticals of cloud infrastructure, AI and machine learning, and cyber security. Individual should have 10+ years’ experience as a senior investing partner at a VC firm and 7-10 years’ experience in an executive operational role at a leading-edge technology company or as an Information Technology executive. Individual should have a strong track record with historical performance of portfolio companies, including companies sold or having gone public. It is expected that the individual will have served on several private company boards and will have strong relationships with the business development teams of leading technology companies. Managing Partner should also have a strong network with other VC executives, as well as important executives in the technology industry. Most of the responsibilities of an Investing Partner are also key for the Managing Partner, including analytical skills and ability to accurately value private technology companies and exercise good judgment with investments. Candidate must be capable of leading a team of other VC executives, including investment staff and operational support personnel. Managing Partner must have the capacity to oversee all aspects of VC team, including reporting, audit, PR, budgeting, legal expenses, and marketing. The ability to convince founders to choose Seligman as an investor, for both board seats and to lead funding rounds, is vitally important, as is the ability to raise a dedicated venture fund from external clients. It is expected that the Managing Partner will take on the most board responsibilities of the members of the venture team. Individual should also help the broad Seligman Investments team with understanding how developments at private technology companies are affecting public ones, thereby benefitting investment performance of Seligman’s mutual funds and hedge funds. Lastly, the Managing Partner needs to be able to bring favorable publicity to Seligman and attract capable talent to help grow Seligman Investments and Seligman Venture Partners. #LI-DNI About Our Company We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world. Base Pay Salary The estimated base salary for this role is $350,000 - $425,000 per year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances. Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law. Full-Time/Part-Time Full time Exempt/Non-Exempt Exempt Job Family Group Investment Management Line of Business AMINV US Asset Management We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Responsibilities

The Managing Partner will lead all investment decisions in target verticals such as cloud infrastructure, AI, and cyber security. They will oversee the VC team and ensure effective management of reporting, audits, and public relations.