ABOUT VERMILION
Founded in 2020, Vermilion Group is a direct investment office wholly owned by M. A. Mortenson Companies, Inc. Mortenson is a growth and community-oriented, family-owned enterprise whose portfolio most notably includes Mortenson Construction Holdings, Inc. a large, highly diversified construction organization that tackles some of the most complex development, real estate, and construction opportunities in North America.
Purpose
To positively impact lives (customers, team members and communities) by building and perpetuating a diversified family of businesses.
Values
Stewardship – Responsibly manage resources for the long term.
Goodness – Commitment to doing the better thing.
Inspiration – Reimagine and advance what is possible.
SUMMARY
This is an exciting opportunity to be part of the Vermilion team! We’re seeking an Associate with strong expertise and practical transactional or operational experience in areas including sourcing, target assessment, valuation, due diligence, deal execution, and portfolio company monitoring and management. This is a unique and exciting opportunity for a high performer who embraces a long-term perspective on value creation, beneficial impact investing, building and sustaining a generational portfolio and aligns with Vermilion’s values.
The ideal candidate will be a strategic, purpose-driven investment professional with demonstrated interest in private equity, direct investing and/or corporate development. This person will be a highly motivated team player who embraces a long-term perspective on value creation and prioritizes the beneficial impact that businesses can have. They will have demonstrated an ability to build enduring relationships and work with all levels of an organization throughout their career. They will also bring a strong process orientation to their work.
For more information, please visit Vermilion’s website.
RESPONSIBILITIES
Deal Execution
- Participate in investment evaluation activity including financial modeling and scenario analyses
- Collaborate with Managing Director, Vice Presidents and Senior Associates to outline transaction structures and create in depth business cases for potential investments
- Support due diligence processes and evaluate all critical components of potential investments, bringing in outside experts as needed
- Draft short-form and long-form investment memoranda
Investment Oversight
- Support operating company post-close activities to ensure value creation drivers are maintained and managed
- Work with Managing Director/CFO to monitor financial and Impact performance and evaluate returns on investments
- Develop and conduct quarterly internal portfolio valuation and assist with portfolio reporting for presentation to Managing Director, Chairman, CFO and Board of Directors
- Assist portfolio companies with strategy deployment and financial analyses as needed to achieve growth objectives
- Provide support to portfolio companies efforts to identify and build relationships with potential bolt-on acquisition targets
Prospect Development
- Conduct research and analysis, including but not limited to industry/market dynamics, competitive profiles, outreach calls, target profiling, primary research etc., to support deal opportunities in-line with Vermilion’s investment strategy
- Assist in the development and maintenance of relationships with deal sources including investment advisors, investment bankers, other family-run enterprises, attorneys and other key stakeholders to ensure a robust pipeline of investment opportunities
Leadership Competencies
The Associate at Vermilion is expected to demonstrate the following leadership competencies:
Strategic Acumen
Understands what drives value in investments and can apply expertise to strategic opportunities. Prioritizes strategically, assisting the organization in pursuing and capitalizing on the best investment opportunities.
Sound Decision-Making
Possesses strong intellectual curiosity and the ability to analytically, conceptually and critically evaluate information to determine relative strengths and weaknesses of ideas and proposals. Comfortable managing ambiguity and balancing action with the appropriate level of risk.
Disciplined Execution
Coordinates the establishment of plans to achieve objectives, adapting and adjusting near term plans to proactively anticipate what is next. Ensures adequate capabilities are present and effectively allocates and deploys resources and time.
Accountability and Dependability
Takes personal responsibility for the quality and timeliness of work and achieves results with little oversight. Sets high standards for the organization and holds self and others accountable
Entrepreneurial Spirit
Understands and manages the challenges inherent in future-looking and growth-oriented environments. Promotes systems and processes that are nimble in order to achieve evolution and scaling.
Champions Innovation
Constructively applies expertise to develop processes and approach to investing. Uses data and insights to recommend well-reasoned risks and new ideas.
QUALIFICATIONS
- 2+ years working in investment banking, private equity, family office, corporate development group, management consulting and/or a related field
- Demonstrated experience developing/evaluating financial models, analyzing financial statements, understanding various valuation methodologies and working in a transaction-oriented environment
- Demonstrated proficiency with Microsoft Excel and financial modeling
- Strong command of accounting and finance
- Outstanding communication and interpersonal skills
- Knowledge of and passion for using investing as a means by which to engender beneficial impact
- Bachelor’s degree in business or related field with excellent academic record, preferably with an emphasis in finance, accounting or economics
- Interest and comfort working in a small, fast paced organization with an emphasis on teamwork, humility, stewardship and a commitment to doing the better thing
