General Manager, Venture & Private Equity
Posted 1ds ago
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Job Description
General Manager building Flex’s venture and private equity banking business. Owning sector strategy, partnerships, product priorities, relationships, and P&L for an AI-native private bank.
Responsibilities:
- Build and run Flex’s venture and private equity business
- Own the sector strategy, relationship development, partnerships, product priorities, and P&L
- Make Flex the primary financial institution for venture and private equity
- Decide which relationships and partnerships can bring hundreds of owners onto Flex
- Determine product requirements needed to win venture and private equity customers
- Own relationships with general partners, fund CFOs, operating partners, fund administrators, and fund-finance lenders
- Build a sector coverage pitch covering the sector and owners, banking needs, market map, first three partnerships, investment and return, and plan and team
- Report directly to the CEO
Requirements:
- 7 to 12 years in investment banking, private credit, private equity, venture, or a senior commercial seat inside venture and private equity
- Demonstrable record of originating business, not servicing it
- Active network in venture and private equity
- Fluency in how funds and their portfolio companies move money, including capital calls, distributions, portfolio treasury and credit, operating-partner priorities, and portfolio CFO requirements
- Comfortable structuring partnerships, negotiating referral economics, and working through a term sheet without support
- Ability to build own models
- Banker-level Excel proficiency
- Working understanding of the unit economics of deposits, cards, and credit
- One-pager and CV submission as part of the application
Benefits:
- Variable compensation targeted at 100% of base, with no ceiling, tied to sector revenue
- Guaranteed variable component in the first year while the book is built
- Equity compensation eligibility
- Medical insurance
- Dental insurance
- Vision insurance
- Paid time off
- 401(k) plan









