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UKG · 1 day ago

Senior Principal, Corporate Venture Capital

San Francisco, CA

Full-time

Hybrid

Senior Level, Lead/Staff

$164K/yr - $236K/yr

8+ years exp

UKG is a company that focuses on workforce management solutions, and they are seeking a Senior Principal for their Corporate Venture Capital division. This role will lead the full investment lifecycle, including deal origination, diligence, negotiation, and post-investment value creation, while also establishing the internal infrastructure and processes for UKG's venture program.

Bookkeeping and PayrollHuman ResourcesSoftware

Comp. & Benefits

Responsibilities

Partner with UKG Product, Corporate Development and Corporate Strategy leadership to develop and refine investment theses aligned to UKG’s strategy

Build targeted sourcing funnels and relationships with founders, funds, and ecosystems; maintain a robust pipeline at Seed–Series C with a center of gravity at Series A/B

Publish thematic perspectives and market maps to support proactive origination

Lead diligence across market, product, technology, GTM, unit economics, and legal

Negotiate term sheets and coordinate closing with outside counsel

Draft investment memos; present and champion recommendations to UKG’s investment committee and executive stakeholders

Track milestones and support executive hiring and follow‑on financing

Drive adoption by orchestrating pilots, integrations, and co‑selling motions with UKG Product, Sales, and Alliances

Define and report impact KPIs (new bookings influenced, attach rates, product accelerators, ecosystem depth)

Design and implement UKG Ventures’ operating model: investment committee cadence, stage‑gate criteria, approval authorities, portfolio management, reserves planning, and conflict‑management protocols

Establish policy frameworks (information rights, reporting standards, board practices), risk controls, and documentation balancing strategic and financial goals typical of leading CVCs

Build automated tracking and reporting for pipeline, portfolio health, strategic impact, and financial performance; produce quarterly updates and executive briefings

Represent UKG Ventures at industry events; expand networks with co‑investors and founders to win competitive deals and amplify UKG’s brand in worktech

Qualification

Venture CapitalInvestment GovernanceEnterprise SaaSPost-Investment Value CreationTechnical LiteracyMarket DiligenceExecutive CommunicationCross-Functional InfluenceNegotiationRelationship Building