- Salary
- $184k – $246k
- Location
- MA - Billerica Building 3, United States of America · Remote, CA
- Workplace
- Remote
- Type
- Full-time
- Seniority
- Senior
- Education
- Master
- Source
- Workday
Description
Job Title:
Senior Principal, Corporate VenturesJob Description:
Here at Entegris, we use advanced science to enable technologies that transform the world, and we are seeking employees who have the drive to continue that mission.
The Role:
Entegris is seeking a Senior Principal, Corporate Ventures to join our Entegris Ventures team.
In this role, you will drive the venture investment process across select mid-stage (Series A/B) startups spanning fund strategy, deal sourcing, due diligence, risk assessment, partnership definition, deal execution, and portfolio management. You will focus on opportunities aligned with Entegris' materials science innovation culture, high-tech go-to-market channels, unit-driven business model, sustainability objectives, and PACE Values.
You will partner broadly across the organization from the Technology Innovation and ER&D teams as well as Business Development and new semi solutions, to identify, evaluate, and manage a pipeline of investment opportunities in select Semiconductor and Electronics market verticals, as well as in path-finding innovation within new application domains.
As a critical member of a small, nimble team, you will be responsible for the definition, presentation, negotiation, execution, and oversight of a diverse portfolio of investments designed to:
- Contribute learnings into emerging technologies and markets
- Detect disruptive technologies and business models
- Augment Entegris ER&D capability through external partnerships
- Access top talent and thought leaders
- Drive continued growth for wider Entegris, with an ambition to boost mid to long-term growth by an additional >1–2% CAGR
What You'll Do:
Collaboration & Stakeholder Alignment
Develop and execute a consistent stakeholder engagement strategy to ensure innovation alignment with senior business leaders in support of inorganic growth opportunities and sustained organizational support.
Work in close collaboration with various teams, Corporate Development, BU Technology & Leadership, and Advanced Innovation and Technology to develop application domains, mapping of priority verticals, and startup ecosystems.
Venture Sourcing
Proactively network internally and externally to identify new investment opportunities.
Build and manage relationships across the venture capital ecosystem — including universities, innovation ecosystems, funds, VCs, and CVCs operating in targeted Semiconductor and Tech markets
Leverage state-of-the-art innovations and technologies to curate a continual pipeline of startup opportunities.
Startup Partnerships & Engagement
Lead the definition of value-accretive partnerships for startups while ensuring value creation for Entegris BUs in existing Semiconductor markets
Analyze ~200–300+ startups per year; conduct >50 management presentations; engage in ~15 due diligence and partnership definition processes; with an objective to partner with and invest in 2–3 startups per year per investment lead.
Prepare and present pitch decks alongside founders to the Ventures Investment Committee members.
Capital Deployment & Portfolio Management
Follow the Entegris Ventures stage-gate process to ensure appropriate allocation of investments across pre-agreed priority verticals, efficient capital deployment, and risk mitigation.
Articulate exit strategies (including IPO and acquisition pathways) and ensure a value-creation framework and tracking are in place to yield adequate portfolio returns.
Communication & Reporting
Regularly provide updates to the Ventures Investment Committee (and/or Fund Board), Entegris Executive Leadership Team, and key Division/BU stakeholders on overall portfolio health and value creation derived from investments.
Partner with Entegris Marketing & Communications to develop internal and external PR strategies that create advocacy, excitement for the portfolio, and enthusiasm for continued investment.
Longer-Term Strategic Leadership
Provide strategic thought leadership in developing and maturing the Corporate Ventures organization, processes, and effectiveness — contributing not only to execution but to the evolution of Entegris Ventures as a best-in-class CVC platform.
What We Seek:
- Master's degree in Technology, Materials Science, or Chemical Engineering, complemented by an MBA; or Master's degree in Business, Accounting, Economics, or Strategy with strong technology curiosity and depth.
- 12-15 years of work experience in the high-technology industry, business development, or finance.
3+ years in Corporate Strategy, Investment Banking, Private Equity, or Venture Capital (required).
Successful business development experience desired, alongside M&A track record.
Strong understanding of, or direct experience in, corporate venture capital.
Skills & Competencies
Financial modeling and superior analytical skills.
Strong data, analytics, and technology acumen.
Bias for action with the ability to multitask and balance priorities while maintaining exceptional attention to detail.
Demonstrated entrepreneurial mindset with the ability to explore new possibilities and approach challenges from novel perspectives.
Advanced proficiency in several of the following: innovation management, systems thinking, strategic planning & organizing, relationship building, collaboration, critical thinking, and project management.
Strong strategic planning and execution skills to drive the continued evolution of a functional capability.
Exceptional written, verbal, and presentation communication skills, with the ability to deliver concise, relevant market commentary and clearly explain complex industry and corporate development concepts to key stakeholders.
What we offer:
Our total rewards package goes above and beyond just a paycheck. Whether you’re looking to build your career, improve your health, or protect your wealth, we offer generous benefits to help you achieve your goals.
Compensation: $184,000.00 - $245,500.00 a year range with actual pay dependent on candidate overall skills for the role
Annual bonus eligible
Progressive paid time off policy that empowers you to take the time you need to recharge
Generous 401(K) plan with an impressive employer match with no delayed vesting
Excellent health, dental and vision insurance packages to fit your needs
Education assistance to support your learning journey
A values-driven culture with colleagues that rally around People, Accountability, Creativity and Excellence
Company anticipates the application window closing approximately 5 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require Company to shorten or extend the application window
Entegris does not provide immigration-related sponsorship for this role. Do not apply for this role if you will need Entegris immigration sponsorship (e.g., H1B, TN, STEM OPT, etc.) now or in the future.
At Entegris we are committed to providing equal opportunity to all employees and applicants. Our policy is to recruit, hire, train, and reward employees for their individual abilities, achievements, and experience without regard to race, color, religion, sexual orientation, age, national origin, disability, marital or military status.