What are the responsibilities and job description for the Entrepreneur in Residence position at D. E. Shaw & Co. - Investment Firm and Careers?
Venture Studio – Internal
New York
A new venture of the D. E. Shaw group (“DESCO”) seeks talented and highly motivated individuals to join its Entrepreneur in Residence (EIR) program as part of our DESCOvery initiative. DESCOvery is DESCO’s venture studio. It explores unique opportunities to build out innovative, non-asset management technology-oriented businesses and ventures in areas such as fintech, insurtech, and data and the EIR will help us explore such opportunities. DESCOvery operates inside an established, highly creative, and entrepreneurial firm, where we ideate and incubate new business ideas in a collegial working environment.
What you’ll do day-to-day
Participants in the program will join the firm as full-time employees for approximately six months. During that time, they’ll be responsible for proposing, researching, and preparing plans for new business ideas. Promising ideas will move to the execution stage and will be backed by the firm, and the EIR will be expected to play a lead role in executing these ideas.
Who we’re looking for
Candidates should have a proven ability to generate, research, and lead ventures, along with domain knowledge in fintech, insurtech, and data analytics.
Creative idea-generators with excellent critical thinking, analytical, execution, and communication skills are highly sought after.
Superb team-building and teamwork capabilities are required.
The expected annual base salary for this position is $175,000 to $250,000.
The D. E. Shaw group is an equal opportunity employer.
The applicable annual base salary or hourly rate paid to a successful applicant will be determined based on multiple factors, including without limitation the nature and extent of prior experience and educational background.
European Union (EU), United Kingdom (UK), California, Hong Kong, Singapore, or Shanghai candidates should refer to the corresponding linked privacy notice.
The D. E. Shaw group may collect, use, hold, transfer, and process candidates’ resumes and associated information (including personal information contained therein) for purposes reasonably related to their application, including without limitation: review and management of employment applications and supporting materials; administration and management of offers to and communication with candidates; and administration, management, and improvement of the recruiting operations of the D. E. Shaw group; and/or where reasonably required in connection with a proposed sale, spin-out, reorganization, or outsourcing of all or some of the business of the D. E. Shaw group. The D. E. Shaw group will not use such information for purposes unrelated to the foregoing, such as direct marketing of third-party products to candidates, without candidate consent. As used herein, the term “personal information” is meant to broadly describe information identifying or relating to a specific individual; it is intended to encompass “personal data,” “sensitive personal data,” and “personally identifiable information” and similar terms, as those terms are defined by law in the jurisdictions in which the D. E. Shaw group operates.
The D. E. Shaw group may transfer such personal information within and outside the country and jurisdiction of the locations where the D. E. Shaw group maintains offices, to other D. E. Shaw group affiliates, to government and regulatory authorities, and to third parties which provide or may provide support and/or services to the D. E. Shaw group and for the purposes set forth above. The persons who may have access to this personal information are other employees of the D. E. Shaw group, in connection with the performance of their duties of employment, and the other parties listed above, in connection with the business of the D. E. Shaw group. (Of course, candidates will be considered for employment opportunities only in those countries in which they express interest.)
The D. E. Shaw group will use reasonable care to maintain the confidentiality of personal information (including appropriate technical measures against unauthorized or unlawful processing and against accidental loss or destruction of, or damage to, such information) and will retain such data as required by applicable law or regulation. Candidates have the right to request access to, and correction of, their personal information in accordance with applicable law; any such request should be submitted to recruiting-inquiries@deshaw.com. Candidates who have submitted a resume to the D. E. Shaw group and do not wish to proceed with their applications should email cvwithdraw@deshaw.com. Personal information of candidates who have been the subject of background checks may have been transferred in accordance with applicable regulations, and any concerns with such transfers should be submitted to backgroundcheck-inquiries@deshaw.com.
The D. E. Shaw group may retain candidates’ information for prospective recruiting activities, including sourcing candidates for employment opportunities and for organizing events with prospective candidates, in accordance with our internal data retention procedures. Candidates who do not agree to such future use should email recruiting-inquiries@deshaw.com.
New York
A new venture of the D. E. Shaw group (“DESCO”) seeks talented and highly motivated individuals to join its Entrepreneur in Residence (EIR) program as part of our DESCOvery initiative. DESCOvery is DESCO’s venture studio. It explores unique opportunities to build out innovative, non-asset management technology-oriented businesses and ventures in areas such as fintech, insurtech, and data and the EIR will help us explore such opportunities. DESCOvery operates inside an established, highly creative, and entrepreneurial firm, where we ideate and incubate new business ideas in a collegial working environment.
What you’ll do day-to-day
Participants in the program will join the firm as full-time employees for approximately six months. During that time, they’ll be responsible for proposing, researching, and preparing plans for new business ideas. Promising ideas will move to the execution stage and will be backed by the firm, and the EIR will be expected to play a lead role in executing these ideas.
Who we’re looking for
Candidates should have a proven ability to generate, research, and lead ventures, along with domain knowledge in fintech, insurtech, and data analytics.
Creative idea-generators with excellent critical thinking, analytical, execution, and communication skills are highly sought after.
Superb team-building and teamwork capabilities are required.
The expected annual base salary for this position is $175,000 to $250,000.
The D. E. Shaw group is an equal opportunity employer.
The applicable annual base salary or hourly rate paid to a successful applicant will be determined based on multiple factors, including without limitation the nature and extent of prior experience and educational background.
European Union (EU), United Kingdom (UK), California, Hong Kong, Singapore, or Shanghai candidates should refer to the corresponding linked privacy notice.
The D. E. Shaw group may collect, use, hold, transfer, and process candidates’ resumes and associated information (including personal information contained therein) for purposes reasonably related to their application, including without limitation: review and management of employment applications and supporting materials; administration and management of offers to and communication with candidates; and administration, management, and improvement of the recruiting operations of the D. E. Shaw group; and/or where reasonably required in connection with a proposed sale, spin-out, reorganization, or outsourcing of all or some of the business of the D. E. Shaw group. The D. E. Shaw group will not use such information for purposes unrelated to the foregoing, such as direct marketing of third-party products to candidates, without candidate consent. As used herein, the term “personal information” is meant to broadly describe information identifying or relating to a specific individual; it is intended to encompass “personal data,” “sensitive personal data,” and “personally identifiable information” and similar terms, as those terms are defined by law in the jurisdictions in which the D. E. Shaw group operates.
The D. E. Shaw group may transfer such personal information within and outside the country and jurisdiction of the locations where the D. E. Shaw group maintains offices, to other D. E. Shaw group affiliates, to government and regulatory authorities, and to third parties which provide or may provide support and/or services to the D. E. Shaw group and for the purposes set forth above. The persons who may have access to this personal information are other employees of the D. E. Shaw group, in connection with the performance of their duties of employment, and the other parties listed above, in connection with the business of the D. E. Shaw group. (Of course, candidates will be considered for employment opportunities only in those countries in which they express interest.)
The D. E. Shaw group will use reasonable care to maintain the confidentiality of personal information (including appropriate technical measures against unauthorized or unlawful processing and against accidental loss or destruction of, or damage to, such information) and will retain such data as required by applicable law or regulation. Candidates have the right to request access to, and correction of, their personal information in accordance with applicable law; any such request should be submitted to recruiting-inquiries@deshaw.com. Candidates who have submitted a resume to the D. E. Shaw group and do not wish to proceed with their applications should email cvwithdraw@deshaw.com. Personal information of candidates who have been the subject of background checks may have been transferred in accordance with applicable regulations, and any concerns with such transfers should be submitted to backgroundcheck-inquiries@deshaw.com.
The D. E. Shaw group may retain candidates’ information for prospective recruiting activities, including sourcing candidates for employment opportunities and for organizing events with prospective candidates, in accordance with our internal data retention procedures. Candidates who do not agree to such future use should email recruiting-inquiries@deshaw.com.
Salary : $175,000 - $250,000