Investment Analyst for a Fintech Platform
We are looking to bring on another talented hire to join the WebStreet Investments team starting June 2024.
While the role will require you to put in some hours during US time zones, the role itself is location-independent, allowing you to work and live anywhere in the world. Whether it’s a beach in Bali, the side streets of Tokyo, or a villa in Mexico – the choice is yours.
You’ll be plugging into a network of business professionals who invest, buy, and run successful, profitable online businesses. You’ll be working with other driven professionals and mentored by a management team that truly wants to bring the best out in you.
The industry is going through a period of explosive growth and our company is on the bleeding edge of investing in online businesses. This new asset class has been exploding in recent years and we need your help to scale.
This is the position we wished we had when we were starting out! A remote position in a kick-ass remote company that works and plays hard.
Ready to get started?
If this sounds like an exciting opportunity for you, then read on to learn more about our company and how to apply for the position.
Job Details
An Investment Analyst works directly with WebStreet operators.
You will be responsible for vetting the track record of successful online entrepreneurs who want to raise funds and operate portfolios with WebStreet. This includes analyzing their current and past business performance to evaluate whether they are a good fit for our program.
You will also be responsible for working with existing operators to help with due diligence on new business acquisitions and generating quarterly performance reports for investors.
If you’re selected, and after a six-month probationary period – assuming it’s a good fit for everyone – you will be invited to join our team officially, where you will become a fully-fledged Investment Analyst.
What’s the Opportunity?
Becoming an Investment Analyst will put you in a critical role at WebStreet.
You’ll be joining a very fast-paced team in a high-growth environment. The work will be challenging and you may find yourself wearing several different hats along the way.
You won’t be another cog in the wheel of some larger corporation. You won’t be employee #30492 looking to skate by and hope that your peers or supervisor can cover for you. You’ll be an absolutely critical player in a company with big expectations and opportunities.
Your work ethic and skill set will have a direct impact on our growth. You’ll gain access to our Rolodex, receive direct training, mentorship, and support, and gain valuable insights into the online business space that no course could ever teach you.
You’ll be working right away with savvy investors, successful entrepreneurs running dozens or hundreds of sites, and portfolio owners and management teams running global product brands.
Do you want a seat at the table? A real shot to be a leader and have a voice in a fast-growing industry?
If we’re a good fit for each other, that’s exactly what you’ll get with this position
What’s This Investment Analyst Position Like?
While you can expect to work hard and wear many different hats, we’re not terribly corporate. We’re completely bootstrapped, have no board to answer to, and are focused on results, not politics.
When you first come on board as an Investment Analyst, you will start learning more about our industry before jumping into the job. First, you will learn about the different types of online businesses available to WebStreet investors. Then you will learn about WebStreet. You will become well-versed in all of our processes, from how investments are structured down to the intricacies of business acquisitions.
Once you have the basics down, we will train you how to value online businesses and evaluate past performance. You will spend a lot of time working with numbers in Google Sheets. This is not a sales role but you must be very comfortable on the phone and willing to reach out to sellers, operators, and partners when needed.
You might be wondering, though … what your daily work routine really looks like once you’re up and going.
Here is a list of daily tasks you can expect (not exhaustive and subject to change):
- Hosting calls with potential operators to discuss their previous or current portfolio performance to understand the potential and risks of their strategy
- Evaluating an existing operator’s acquisition target and helping the operator project investor returns based on different variables such as growth and purchase multiple
- Working with operators and accountants to put together financial statements and quarterly update reports for investors
- Figuring out ways to improve our existing processes to maximize investor returns and create a better experience for operators
- Collaborating with marketing and sales teams to identify and attract new operators to the program
What Skills Are Needed?
We believe in hiring people who are a good fit with us culturally. We want people who are hungry to learn, but also people that will be fun to work with.
However, that doesn’t mean we aren’t looking for a certain kind of skill-set.
While no previous work experience is needed, experience in an analytical role is a big plus. Any background in e-commerce or online business is also helpful. However, we are looking to train the right person, so if you don’t have that experience, don’t let it stop you from applying.
You must be comfortable talking with people. You need to be able to pick up the phone and call someone to work through complex issues.
You need to be detail-oriented. Being an analyst is a meticulous job. You will be pouring through spreadsheets, traffic analytics, and revenue data, day in and day out. It is up to you to spot errors, inconsistencies, or when something just doesn’t feel “right.”
Every day, you will speak with entrepreneurs about scaling businesses, liabilities, and how good certain assets are as an investment. Over time, you will need to be able to spot genuine risks and opportunities with online businesses. You will need to be able to confidently analyze each potential opportunity and make a recommendation. While investing in online businesses can bring great returns, it can also be a volatile space to play in.
We take a consultative approach with investors and operators. We’re not trying to fit square pegs into round holes. We truly believe that the best experience includes transparency – which sometimes means letting the other person know why they shouldn’t do the deal.
You’re a problem solver. Investing in these businesses can be a very important decision and a very intimate experience for entrepreneurs. That means you will face obstacles and challenges. It will be up to you to make sure those challenges are met head-on and solved for all parties in the deal.
You’re excited about expanding the WebStreet brand. We love hiring people who are passionate about the online business industry. We want you to be on board with our mission, participate in industry conversations, and get people excited about working with us.
