Senior Manager, Content Investment
About the role
Summary/objective: The Director, Media Finance is responsible for the investment economics underlying Angel’s content commitments. The role builds and challenges financial cases for acquisitions, licenses, Royalty-Backed Guarantees, financing structures, and other content investments so decision-makers understand expected return, downside exposure, cash timing, recoupment, and key sensitivities before capital is committed.
Expectations At Angel Studios Amplify light in every action.As the owner of your outcomes, you are empowered to break down silos and coordinate with any and all people you need in order to reach your goals. You are ultimately responsible for achieving the outcomes while also using resources wisely - whether that be money, people, or time.Know your customer - it might be our viewers, investors, creators, or internal Angel Teams. Ensure you understand your customer and are providing what THEY need and not just what you want to build. Give consistent and timely candid feedback with compassion - your team members need to know where they stand at all times. If you find yourself doubting a team member, address it swiftly with actionable feedback.Contributes in a way that moves the Angel mission forward and exemplifies the team qualities required for working at Angel.When faced with roadblocks, mistakes or unforeseen circumstances, consistently and proactively find creative solutions and/or break down barriers to handle the challenge or complication. (Focus is on creating/building/testing/learning/resolution rather than getting stuck and identifying or placing blame).
Responsibilities
- Investment Underwriting: Build decision models for acquisitions, licenses, RBGs, and strategic content investments.
- RBG Analysis: Model guarantee exposure, timing, performance thresholds, downside cases, recoupment, interest, and cash requirements.
- Scenario & Sensitivity Analysis: Pressure test audience, theatrical, Guild, downstream, licensing, cost, timing, and revenue assumptions.
- Deal Economics: Model waterfalls, revenue shares, minimum guarantees, advances recoupment positions, financing fees, and return structures.
- Decision Materials: Prepare clear investment memoranda and recommendations for Business Affairs and executive approval.
- Portfolio Monitoring: Compare actual performance with approved underwriting cases and identify lessons for future investment decisions.
- Cross-Functional Partnership: Work with Finance, FP&A, Acquisitions, Guild, Theatrical, International, and Business Affairs to validate assumptions and data.
- Capital Exposure Reporting: Maintain visibility into committed, contingent, and potential content obligations.
Requirements
7+ years of experience in media finance, investment banking, corporate finance, FP&A, content finance, private equity, or related roles; advanced modeling experience required. Must be authorized to work in the United States.
Qualifications
Familiarity with Angel Studios, the Angel Guild, and Angel’s films, series, and other projects.
Skills
- Advanced financial modeling and investment analysis skills.
- Strong understanding of entertainment economics, distribution waterfalls, guarantees, licensing, and content cash flows.
- Ability to explain complex models and risks clearly to creative and executive stakeholders.
- Strong skepticism, precision, and willingness to pressure test optimistic assumptions.
Schedule
Regular full-time exempt position unless otherwise designated by People & Culture. Provo or Minnesota in-office availability, with travel requirements appropriate to the role. Must be able to sit or stand at a desk for extended periods of time. Travel is occasional and based on transaction needs.
Pay
$180,000-$207,000