IV

Ilja Velickis

Associate Partner @ Flashpoint | Forbes 30 under 30 |

Riga

Invests in

Stages:

Locations:

  • Min Investment:

    $1,000,000.00
  • Max Investment:

    $4,000,000.00
  • Target Investment:

    $2,500,000.00

Work Experience

  • Associate Partner

    2023

    The role involves the end-to-end execution and management of the Venture Debt Fund's investment process from sourcing of investment opportunities to signing investment deals and subsequent portfolio management. Additionally, I am involved in setting up the Fund's and Flashpoint's operational processes

  • Investment Director

    2022 - 2023

  • Associate

    2020 - 2022

  • Analyst

    2018 - 2020

  • Board Observer

    2021

  • Board Observer

    2020

2021 - 2022

  • Board Observer

    2021 - 2022

2015 - 2018

  • Associate - Strategic Vendor Partnerships

    2016 - 2018

    Supporting the Bank's Strategic Vendor Partnerships Programmes by being the junior relationship manager for a set of strategic suppliers. Preparing Senior Executive and Board Level meetings by identifying key topics of interest for the key stakeholders, analysing gaps in the relationship and aligning the agenda with the Bank's and particular business units' strategies. Supporting Management Board and COO ExCo members by providing timely, concise and insightful supplier intelligence to enable important decision-making and resolution of critical issues. Engaging in revenue enablement and revenue protection activities by liaising with a broad set of senior stakeholders in the Front and Back Offices and ensuring information alignment where a vendor-client relationship overlap exists. Supporting the team with improving internal processes and simplifying/automating manual work and identifying innovative solutions to foster efficiency.

  • Graduate Analyst

    2015 - 2016

    Graduate analyst role in Global Technology featuring 4 three-month long rotations in Innovation Labs, Markets Clearing, FX Prime Brokerage and Risk. o InnovationLabs Supported a blockchain initiative through ownership of vendor on-boarding, knowledge transfer and presentation of demo product to COO and senior management across the bank. Engaged in day-to-day management of a pilot project which progressed to integration stage. Supported operations of the Lab, initiated a review of the Lab’s operating model. o FXPrimeBrokerage Researched existing trade flow, analysed options for enhancement, uncovering a potential annual cost saving of €350,000 and presented the results to the management. Recommendation was embraced. Successfully supported multiple application releases through ownership of the user testing phases.

2013 - 2014

  • Audit Assistant

    2013 - 2014

    • Audit Assistant role Carried out tests of internal controls, ensured compliance with regulatory framework. Reconciled financial statements with supporting accounting data. Proposed audit solutions which improved efficiency and resulted in lower costs. • Tax Assistant role Drafted Transfer Pricing Policy documents. Conducted benchmarking tests to determine the applicable transfer price. All projects were completed within deadlines and accepted by the clients. Developed an Excel tool in VBA to compute Transfer Pricing Policy consistent loan interest rates. The tool was sold to company's clients. Worked up to an "Outstanding/Highly efficient" performance ranking, according to the senior colleagues reviews.

2012 - 2012

  • Intern

    2012 - 2012

    • Conducted quantitative analysis of financial statements, which aided due diligence processes in my team. • Drafted reports of the bank’s operations for the Latvian subsidiary, saving time for senior employees. • Ensured the completeness of the documentation related to issued loans and clients.

2008 - 2008

  • PR Director's Assistant

    2008 - 2008