Associate, Strategic Capital

| Chicago
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.

We are PEAK6, a leading investment firm headquartered in Chicago and with offices nationwide.  Over 20 years ago, we were one of the first firms to develop sophisticated proprietary technology to use in our equity options trading business.  Today, we continue to leverage our technical ingenuity and operational excellence across several investment areas, ranging from early stage to growth capital to operational control.

Throughout the years, we've built and operated several financial technology firms, an e-sports organization and a flood insurance technology platform, and we continue to evolve.  You'll find a bit of everything here, and we're always looking to take on new endeavors.

As an Associate within the Strategic Capital investment and operating team, you’ll be focused on the top strategic priorities for PEAK6.  The team is responsible for investigating strategic opportunities, designing and conducting qualitative and quantitative research and analyses, driving M&A and corporate development initiatives, and working closely on key initiatives with senior leaders in PEAK6’s portfolio companies and shared services.

The successful candidate is an independent, analytical, and intellectually curious individual who can identify issues, structure analyses, develop solutions, and articulate findings to wide range of business stakeholders, including senior leadership throughout the organization.  The ideal candidate will have a financial and accounting background with an entrepreneurial mindset.  It is essential that a candidate has outstanding interpersonal and communication skills and is comfortable taking on responsibility in a fast-paced, dynamic – and oftentimes ambiguous – environment.

You’ll be responsible for:

Sourcing New Investment Opportunities

  • Conducting research, including market research, and financial analysis on potential investment targets.
  • Developing and building relationships with investment bankers, entrepreneurs, management teams and other investors in order to source deals and maintain relationships with qualified leads.

Deal Due Diligence, Presentation and Execution

  • Screening investment opportunities and and coordinating investment process and execution, including due diligence, financial analysis and oversight of third-party advisors.
  • Assisting in developing operating and financial models, valuation comparables, precedent transaction analysis and industry analysis for prospective deals.
  • Assisting with core financial diligence including analyzing detailed financial statement information including income statement, balance sheet, cash flow and key operational data to help to identify key risks and assess the strengths and weaknesses of the business against industry benchmarks.
  • Preparing written summaries, due diligence findings, presentation materials and investment memoranda that clearly communicate diligence findings and investment recommendations for the investment committee.

Negotiation and Review of Transaction Documentation

  • Assisting in the negotiation of key transaction terms with legal team support.
  • Supporting legal team with deal structuring and the evaluation of term sheets, letters of intent and key deal points.

Corporate Development / M&A

  • Developing a deep understanding of how our businesses operate, the markets we play in, our strategic priorities and potential opportunities.
  • Developing deep relationships with leaders of PEAK6 and our operating businesses and work closely with them on priority initiatives to improve portfolio company performance.
  • Supporting evaluation, negotiation and execution of potential merger and acquisition opportunities by conducting due diligence and capital structure reviews, developing business cases, building detailed financial models (DCF, comps, accretion / dilution, etc.) and working closely with internal leaders and external advisors.

Community Development

  • Representing PEAK6 in a highly engaging and professional manner throughout the entrepreneurial and investing community, including networking and marketing functions.

You’ll gain loads of experience in this role, but before you do, you should have:

  • A strong learning agility and proactive mindset – you love data and are intellectually curious – always asking “why” and finding areas for improvement and opportunity.
  • Comfort with ambiguity – demonstrating resiliency, maturity, and sound judgment.
  • A desire to learn and grow – you’re driven to be the best and challenge yourself by setting goals, beating them, and encouraging your teammates to do the same.
  • High ethics and integrity – you always conduct yourself with honesty and operate ethically. You say what you mean, and mean what you say.
  • The ability to take ownership – you take active responsibility not only for those tasks that you directly control, but also support teammates to ensure success.

Additional Qualifications:

  • Bachelor’s degree with 3-4 years of work experience in one of the following: financial audit, transaction advisory services, investment banking, financial consulting, or other M&A experience. Big 4, professional services or advisory firm experience strongly preferred.
  • CPA is strongly preferred.
  • High level of proficiency and comfort with 3-statement financial modeling and analysis. Exceptional problem-solving, decision-making and quantitative skills, including strong financial modeling abilities and research and analytical skills to support data-driven decision making.
  • Entrepreneurial self-starter who thrives in a fast-moving environment and is independently capable of seeking information, corralling resources, and delivering results without waiting for direction.
  • Ability to prioritize deliverables and meet demanding deadlines.
  • Ability to move seamlessly between conversing with engineers or frontline ops employees to leading presentations with senior executives.
  • High-energy, positive team player who has a proven ability to influence without authority and build strong working relationships with business partners; this is a highly cross-functional role, so a low ego and a high instinct for collaboration are musts.
  • Strong judgment and ability to make well-informed decisions – displaying both high IQ and EQ.
Read Full Job Description
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.

Technology we use

  • Engineering
    • GolangLanguages
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • jQueryLibraries
    • ReactLibraries
    • ReduxLibraries
    • Node.jsFrameworks
    • MongoDBDatabases
    • MySQLDatabases
    • PostgreSQLDatabases

Location

Chicago Board of Trade

An Insider's view of PEAK6

How would you describe the company’s work-life balance?

This is very important and luckily, we feel it’s something attainable for our employees. We have a generous time off policy, in addition to other affiliated vacation perks and leave benefits.
For example, to help employees save time on conventional tasks, we offer complementary services in the office, such as manicures, massages, and yoga classes.

Courtney Kuhnen

Human Resources Business Partner

How do you collaborate with other teams in the company?

Our developers are also a part of the decision-making process. We help our technologists take an interest in the business side of things - they know how the end product should work. Our developers know how the traders are going to use a product and after a product is delivered, the developer stays involved – making sure that things work efficently.

Rishi Kamath

QA Development Lead

How does the company support your career growth?

We have a big focus on career growth, especially for those in technology. Because of our size, there are opportunities to prove yourself and rapidly increase your responsibility on a team. And because of Peak6’s culture of constantly trying new things, there are often opportunities to get in at the ground floor of new ventures in a leadership role

Paul Whalen

Software Engineer

What unique initiatives do you have that encourage innovation?

We organize “tech days” where employees are encouraged to work on tech projects of their choosing. Projects have ranged from mobile apps to Sega emulators to workflow improvements for our developers. Recently, tech days took the form of a more formal hackathon, in which technologists and traders teamed up to prototype several new trading tools.

Luke Peeler

Software Engineer

What’s the vibe like in the office?

I like working at PEAK6 because there’s always something exciting to work on and I’m always learning something new. It’s also a privilege to work with so many smart people that are never hesitant to act as mentors. Lastly, PEAK6 gives me the opportunity to wear many different hats – I’m never restricted to working on just one thing.

Sean Lester

Software Engineer

What are PEAK6 Perks + Benefits

PEAK6 Benefits Overview

At PEAK6, you’ll find flexibility with our work-life balance, a collaborative spirit and the ability to cater to your strengths while having opportunities to cultivate new ones.

PEAK6 is committed to addressing barriers to diversity, equity, and inclusion. In June of 2020, PEAK6 created Fintech in Action, a coalition dedicated to Black inclusion in finance and fintech. As part of Fintech in Action we’ve partnered with Greenwood Project, a non-profit that introduces Black and other minority high school and college students to careers in the financial industry with paid summer internships, educational field trips and its summer Financial Institute.

Culture
Partners with Nonprofits
PEAK6 offers coordinated volunteer and philanthropic opportunities throughout the year including, Go Red For Women, Socktober, Filling in the Blanks Backpack Drive, Matching Gifts and Holiday Giving.
Friends outside of work
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Diversity manifesto
Someone's primary function is managing the company’s diversity and inclusion initiatives
Diversity Employee Resource Groups
POWHER seeks to amplifying women’s voices through the knowledge of money.  BRIDGE, Black Resourceful Individuals Dissolving Gaps Everywhere
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
We offer generous medical, vision & dental plans, including Preferred Provider Organization (PPO) and Health Savings Account (HSA) options.
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
We offer annual wellness screens and flu shots at no additional cost to employees.
Onsite Gym
Employees have access to the FFC-affiliated gym located in the Board of Trade at a discounted rate and free access to yoga classes at Bottom Line Yoga.
Mental Health Benefits
Offering Ginger, an emotional well-being and mental health app to employees and their dependents ages 18 and older. GuidanceResources, an employee assistance program to help with life's challenges.
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Performance Bonus
Match charitable contributions
PEAK6 offers a Matching Gift Program to encourage employees to become active in the support of non-profit organizations and to have a voice in determining the recipients of charitable contributions.
Child Care & Parental Leave Benefits
Flexible Work Schedule
Family Medical Leave
PEAK6 offers up to 12 weeks of unpaid, job-protected leave per year, as well as maintained health benefits, for any employee eligible under the Family and Medical Leave Act (FMLA).
Adoption Assistance
PEAK6's adoption assistance program provides employees with reimbursement for up to $5,000 (per child) of adoption expenses.
Vacation & Time Off Benefits
Generous PTO
PEAK6's vacation policy includes three weeks of PTO, plus 5 personal days. Employees with 5 years of service accrue four weeks of PTO, plus 5 personal days.
Sabbatical
Employees with 10+ years of service can apply to take an 8-week Sabbatical, as well as adding up to 4 weeks of accrued PTO.
Paid Holidays
Whenever the U.S. financial markets are closed, PEAK6 is closed.
Perks & Discounts
Casual Dress
Our employees wear casual attire like jeans, button-down shirts, and t-shirts. On any given day, many employees will be wearing branded PEAK6 clothing.
Commuter Benefits
PEAK6 offers pre-tax commuter benefits for all employee through WageWorks, as well as a Zipcar discount.
Company Outings
PEAK6 has themed social events throughout the year as well as a popular annual company party known for featuring surprise, high profile stars like Imagine Dragons, The Chainsmokers and Keith Urban.
Free Daily Meals
For three Fridays a month, employees enjoy noshing on bagels. For the remaining Friday, employees are treated to a free "Expiration Date" lunch.
Game Room
We host (in office) ping pong, cornhole, and poker tournments. Our employees enjoy a rooftop bar/deck that also includes a game room.
Stocked Kitchen
PEAK6 has a fully-stocked kitchen that includes a cereal bar, coffee bar, a variety of healthy food choices and drinks, as well as an abundance of snacks to put a rumbling stomach to rest.
Some Meals Provided
Happy Hours
The Culture Club at PEAK6 works to host themed social events throughout the year.
Parking
Recreational Clubs
We sponsor various teams based on employee interest, such as: table tennis, beach volleyball, soccer, kickball, flag football, dodgeball, and whirlyball.
Relocation Assistance
We offer relocation assistance plans for new employees and their families.
Fitness Subsidies
PEAK6 offers free yoga classes to Chicago employees at Bottom Line Yoga, which are currently conducted via Zoom.
Professional Development Benefits
Job Training & Conferences
PEAK6 is firmly committed to learning and development as a way to grow and develop employees.
Tuition Reimbursement
At the discretion of management and after completing one full-year of employment, we reimburse up to $8,000 per employee each calendar year for certifications and other educational programs or degree.
Diversity Program
Promote from within
Mentorship program
Continuing Education stipend

Additional Perks + Benefits

We have a dedicated team of employees who volunteer to be a part of our Culture Club. This group works to connect employees through delightful experiences while making a positive impact on PEAK6 life. The Culture Club plans many social and philanthropic employee events throughout the year.

We host bi-annual Hackathons as a collaboration of our technology, trading, support and analytics teams to develop, build, and present new ideas to the firm. The teams are free to explore solutions to problems in and outside of the day-to-day work. Winning Hackathon solutions are frequently deployed and tested in the firm.
Additional perks include:
-Matching gift up to $1000/employee/year
-Free semi-monthly massage day
-Free monthly manicures, pedicures, and mens clip and clean
-Free onsite/Zoom yoga
-Discounts: Lasik eye surgery, Zipcar, Dell computers, local hotels

More Jobs at PEAK627 open jobs
All Jobs
Finance
Data + Analytics
Dev + Engineer
HR + Recruiting
Marketing
Operations
Data + Analytics
new
Chicago
Data + Analytics
new
Chicago
Operations
new
Chicago
Data + Analytics
new
Chicago
Developer
new
Chicago
Developer
new
Chicago
Data + Analytics
new
Chicago
Developer
new
Chicago
Finance
new
Chicago
Marketing
new
Chicago
Finance
new
Chicago
Data + Analytics
new
Chicago
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.
Save jobView PEAK6's full profileSee more PEAK6 jobs