NBA Investments Principal

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Position Summary

The position will play a crucial role in evaluating and managing investment opportunities for NBA Investments, the NBA’s corporate venture capital division. This position will participate in the identification, analysis, and execution of potential investments in promising startups and growth-stage companies and will work closely across multiple internal NBA constituencies to gather and prioritize strategic investment focus areas. This person will be responsible for critical process management efforts, from developing a company database to tracking the opportunity pipeline and monitoring portfolio company progress.

Major Responsibilities
Deal Sourcing / Research
• Identify investment opportunities through market research and various deal-sourcing channels.
• Conduct initial screening of investment opportunities based on strategic fit, financial viability, and growth potential.
• Conduct research around industry trends, market dynamics, and emerging technologies to inform investment decisions and strategy.
• Develop a company database to track key industry metrics and serve as an internal benchmarking tool.

Investment Analysis
• Conduct comprehensive due diligence on prospective investments, including financial analysis, market research, competitive landscape assessment, and risk evaluation.
• Collaborate with subject matter experts internally to assess strategic fit and upside potential within the organization.
• Assist in preparing investment recommendations for the Investment Committee and SLT.

Portfolio Management
• Support portfolio companies by identifying growth opportunities and addressing operational challenges.

• Monitor existing portfolio companies’ performance by tracking key performance indicators and financial metrics, while comparing it to the market.

• Prepare progress reports and presentations to the Investment Committee and Board of Governors.

Required Skills/Knowledge Attributes
• Strong analytical ability and proficiency in financial modeling, business valuation, and data analysis
• Familiarity with venture capital / private equity / M&A transactions and processes.
• Knowledge of startup ecosystems, industry trends, and emerging technologies.
• Ability to understand term sheets and identify key issues to negotiate.
• Excellent communication and presentation skills, with the ability to convey complex ideas clearly and concisely.
• Attention to detail and a high level of accuracy in data analysis.
• Creative & innovative thinker with analytical & entrepreneurial mindset.
• Team player who can work collaboratively in a cross-functional environment internally and network externally.

• Strong organizational and project management skills.

Required Education/Professional Experience
• Minimum 7 – 10 years of relevant work experience.
• Work experience in venture capital, consulting, investment banking, or private equity is required.
• Bachelor’s degree in finance, business, economics, or a related field.
• Advanced degrees, such as MBA preferred.

Required Skills/Knowledge Attributes
• Strong analytical ability and proficiency in financial modeling, business valuation, and data analysis
• Familiarity with venture capital / private equity / M&A transactions and processes.
• Knowledge of startup ecosystems, industry trends, and emerging technologies.
• Ability to understand term sheets and identify key issues to negotiate.
• Excellent communication and presentation skills, with the ability to convey complex ideas clearly and concisely.
• Attention to detail and a high level of accuracy in data analysis.
• Creative & innovative thinker with analytical & entrepreneurial mindset.
• Team player who can work collaboratively in a cross-functional environment internally and network externally.

• Strong organizational and project management skills.

Salary Range:

$200,000 - $220,000

Job Posting Title:

We Consider Applicants For All Positions On The Basis Of Merit, Qualifications And Business Needs, And Without Regard To Race, Color, National Origin, Religion, Sex, Gender Identity, Age, Disability, Alienage Or Citizenship Status, Ancestry, Marital Status, Creed, Genetic Predisposition Or Carrier Status, Sexual Orientation, Veteran Status, Familial Status, Status As A Victim Of Domestic Violence Or Any Other Status Or Characteristic Protected By Applicable Federal, State, Or Local Law.

The NBA is committed to providing a safe and healthy workplace. To safeguard our employees and their families, our visitors, and the broader community from COVID-19, and in consideration of recommendations from health authorities and the NBA’s own advisors, any individual working onsite in our New York and New Jersey offices must be fully vaccinated against COVID-19. The NBA will discuss accommodations for individuals who cannot be vaccinated due to a medical reason or sincerely held religious belief, practice, or observance.

About the NBA

The National Basketball Association (NBA) is a global sports and media organization with the mission to inspire and connect people everywhere through the power of basketball. Built around five professional sports leagues: the NBA, WNBA, NBA G League, NBA 2K League and Basketball Africa League, the NBA has established a major international presence with games and programming available in 214 countries and territories in 60 languages, and merchandise for sale in more than 200 countries and territories on all seven continents. NBA rosters at the start of the 2024-25 season featured a record-tying 125 international players from a record-tying 43 countries. NBA Digital’s assets include NBA TV, NBA.com, the NBA App and NBA League Pass. The NBA has created one of the largest social media communities in the world, with more than 2.3 billion likes and followers globally across all leagues, team and player platforms. NBA Cares, the NBA’s global social responsibility platform, partners with renowned community-based organizations around the world to address important social issues in the areas of education, inclusion, youth and family development, and health and wellness.