Are you looking for an exciting career opportunity where you can make substantial, positive impact on health, science and society by generating attractive long-term returns on the assets of the Novo Nordisk Foundation?
We are looking for an Associate to join our growing team in Singapore!
Novo Holdings Asia is looking for an ambitious and proactive Associate to take part in the identification, negotiation, and due diligence processes of investment opportunities within the healthcare and life science industry across the Asia Pacific region. In this role, you will be part of the established investment team in making value-creating investments in healthcare and life science companies.
Novo Holdings is a world-leading life science investor with offices in Copenhagen, London, Boston, San Francisco, Singapore, and Shanghai. Our portfolio spans the entire range of life science development – from early-stage research to large and mature commercial players. Novo Holdings’ purpose is to be a supportive owner of the Novo Group companies and to make a growing and positive impact on health, science, and society by generating attractive long-term returns on the assets of the Novo Nordisk Foundation.
We established our Asian life sciences investment platform in 2020, with offices in Singapore and expanded to Shanghai in 2022. Our teams invest in healthcare companies across the continent. We see tremendous long term investment opportunities in Asia given the dynamic region and fast-growing life science sector. In Asia, we have built a portfolio of more than 10 high quality investments across various segments of healthcare, life science, and bioindustrials. Our goal is to increase this significantly and we are looking for a fantastic team member to join us on this journey.
The Job
You will be working out of the Singapore office, in close collaboration with colleagues globally. As an Associate, you will help ensure that the investment team is well-informed and well-prepared for making investment decisions and create a strong network across the region. The team in Singapore focuses on growth- and principal investments and across subsectors within the life sciences and bioindustrials.
Your tasks will include:
· Evaluating new investment opportunities
· Performing financial due diligence and modelling business cases
· Creating financial models to assess new potential and current investments
· Preparing internal investment documentation and presentations for the governing bodies of Novo Holdings
· Expanding industry expertise through conducting desktop research and expert calls, and attending relevant conferences
· Monitoring and reporting on portfolio companies
Further to this, you will collaborate with other departments and teams located in Copenhagen, Shanghai, San Francisco, Boston, and London on investment projects.
The ideal candidate has a bachelor’s degree or beyond from a top-tier institution and 1-2 years’ relevant working experience at a top investment bank, leading consultancy, private equity or investment firm. We are looking for a strong investment professional withan interest in life sciences.
Experience from life science private equity, business development or consultancy will be an advantage, but not a requirement.
In addition, we imagine that you have:
· A bachelor’s degree or beyond from a top-tier institution in Finance or Economics; a graduate degree within science would be an added advantage
· Excellent analytical skills, comprehensive understanding of valuation and financial modelling
· Industry and investment expertise within healthcare IT, pharma services, MedTech, and biotech is a plus
· Strong interpersonal, communication and presentation skills
· Fluency in English, oral and written.
· High level of IT skills, in particular creating PowerPoint presentations and Excel models/analyses
As a person, you are outgoing and confident with managing a wide variety of stakeholders. Further to this, you are independent in your working style and aim to always deliver at a high quality. You always maintain a high level of professionality and integrity and seek to provide input on issues relating to investment projects and opportunities. Finally, we imagine that you are curious and intellectual with a desire to make a positive impact on society.
Working at Novo Holdings
Our work environment is driven by purpose and values, and we strive to be recognised by our stakeholders and people as an exceptional enterprise.
We employ over 160 professionals from various nationalities and backgrounds, all sharing the same goal: to generate attractive long-term returns on the assets of the Novo Nordisk Foundation.
Application and Information
We encourage you to apply as soon as possible and no later than 12 February 2024. To apply, please send your CV, cover letter, and transcripts from university and onwards by clicking on the “Apply” button.
About Novo Holdings
The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation and to be a supportive owner of the Novo Group companies.
Novo Holdings is a holding and investment company that is responsible for managing the assets and wealth of the Novo Nordisk Foundation, one of the world’s largest enterprise foundations.
Novo Holdings is the controlling shareholder of Novo Nordisk and Novozymes (the Novo Group companies) and manages an investment portfolio with a long term return perspective. Novo Holdings invests in life science companies at all stages of development and, in addition, manages a broad portfolio of equities, bonds, real estate and infrastructure assets as well as private equity investments. Novo Holdings operates from offices in Copenhagen, London, Boston, San Francisco, Singapore and Shanghai.
As of year-end 2022, Novo Holdings had total assets of EUR 108 billion.
For further information visit www.novoholdings.dk