About The New Industrial Corporation
The New Industrial Corporation ("The NIC") is an investment platform operating at the intersection of venture capital and infrastructure development. We back early-stage technology companies seeking to scale through revenue-generating facilities, and we serve as the active developer of those projects.
Our team brings together developers, investors, engineers, veterans, and company builders with a shared mission: to remove barriers to commercialization and deliver the infrastructure required for the next generation of industrial leaders.
Supported by leading venture capitalists and entrepreneurs, The NIC offers unparalleled exposure to high-profile transactions and engagement with some of the most influential figures in the industry.
Overview
The NIC is seeking a VP, Construction & Technical Delivery to lead the technical and construction workstream across its portfolio of first-of-a-kind industrial facilities. Working alongside the Partner, Construction, you will take projects from basis of design through financial close, construction and commissioning, with a high degree of independence from day one. The role brings direct industrial EPC and construction delivery experience to complement the team's infrastructure development and project finance background.
Purpose of the Role
- Run the technical workstream on assigned projects end to end, with minimal oversight
- Bring an EPC insider's view of how industrial facilities should be scoped, contracted and built
- Reduce execution risk as a growing book of projects moves into construction
Key Responsibilities
Technical leadership and execution strategy
- Own the technical workstream for three to four concurrent projects, from basis of design and front-end engineering (FEL/FEED) through stage-gate approvals
- Fully capable to lead the Owner team in defining the Basis of Design and development of Contractor RFP.
- Set the project execution and contracting strategy (EPC, EPCM, design-build or multi-package) and lead contractor and major equipment selection and negotiation
- Challenge and validate capital cost estimates, schedules, contingency and risk registers
- Prepare and defend the technical case for project financings, working with lenders' and independent engineers on budgets, draw processes and completion tests
Construction through operations
- Act as The NIC's owner's representative through construction: progress, cost, change orders, quality and claims
- Administer EPC and major equipment contracts through to closeout
- Lead commissioning, performance testing and ramp-up with portfolio company operating teams
Platform and portfolio
- Act as the primary technical counterpart to portfolio company leadership
- Lead technical diligence on new top-co investments and project opportunities
- Build The NIC's repeatable delivery standards: stage-gates, templates and lessons learned
- Mentor junior technical and project development staff, and grow into leading a technical team
Measures of Success
- Projects reach financial close with bankable execution plans, budgets and contracts
- Construction delivered on schedule and within approved budgets, with change orders and claims controlled
- Within 6 to 12 months, assigned projects run with minimal oversight from the Partner, Construction
Candidate Profile
Required
- Engineering degree (chemical, mechanical, civil, electrical or similar)
- 15 or more years in industrial capital projects, including significant experience with a large EPC or EPCM contractor
- A track record of successfully delivering industrial facilities of $100M or more from front-end engineering through commissioning
- Strong technical judgment, with solid commercial skills in contracting, risk allocation, claims and cost control
- Clear and credible with founders, investors and senior stakeholders
Preferred
- Professional engineering designation (P.Eng. or PE), or eligibility to register with Engineers and Geoscientists BC
- Owner-side experience managing EPC contractors
- Experience with first-of-a-kind or scale-up technologies (chemicals, materials, batteries, energy or similar)
- Experience on project-financed assets, working with lenders and independent engineers
- Experience delivering projects in the U.S.
Compensation & Benefits
- Base salary range: 250,000 - 350,000 depending on experience
- Attractive annual discretionary bonus
- Standard customary benefits package to be provided
How to Apply
Please submit your resume and cover letter to: careers@newindustrial.com
In your cover letter, please explicitly state your view on why the market opportunity that The NIC is pursuing is both challenging and interesting for you to address with your skill set.
We thank all applicants for their interest. Only those selected for an interview will be contacted.
The NIC is an equal opportunity employer. We welcome applications from all qualified candidates, and accommodations are available on request throughout the recruitment process.
- Applicants must be legally entitled to work in Canada. This job description is not intended to be exhaustive and may be revised at the employer's discretion. www.newindustrial.com
