Senior Manager, New Ventures

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Job Title: Senior Manager, New Ventures

Req Id: 3038

Work Model: Hybrid

Company: 6601 Ventures LLC

State/Province: Virginia

Job Description:

Together We Innovate. Together We Change.

Interested in helping shape where a business invests, grows, and creates value? If you have experience evaluating opportunities, building business cases, and using strategic and financial insights to guide investment decisions, this role offers the opportunity to influence growth strategies, portfolio priorities and long-term business direction.

We are actively recruiting for a Senior Manager, New Ventures, to join our team in Richmond, VA.

The Senior Manager, New Ventures, plays a key role in shaping the future growth of the business by identifying, evaluating, and advancing emerging consumer products and business opportunities. This role leads portfolio strategy development, opportunity evaluation, business case development, and long-range planning to support strategic growth and long-term value creation. Ideal candidates bring experience in strategy, corporate development, corporate venture capital, management consulting, or related growth-focused roles within the consumer products industry.

In This Role, You Will:

• Lead the development of portfolio strategies that expand the business into emerging product categories, markets, and growth opportunities.
• Identify and recommend opportunities to build a portfolio of emerging consumer products that support growth and long-term value creation.
• Develop business cases and strategic recommendations that inform portfolio priorities, investment decisions, and business direction.
• Lead financial analysis and modeling to evaluate opportunities, inform portfolio prioritization, and guide investment decisions and resource allocation.
• Partner with cross-functional teams to advance portfolio opportunities across build, partner, invest, and acquire pathways.
• Lead annual and long-range planning processes that translate portfolio strategy into business priorities, resource needs, and growth objectives.
• Influence senior leaders through data-driven insights, clear recommendations, and disciplined strategic thinking.

We want you to have:

• Bachelor's degree in Business, Finance, Economics, or a related field; MBA or relevant graduate degree preferred.
• 7+ years of relevant experience, including 3+ years in strategy, corporate development, corporate venture capital, investment banking, management consulting, or related growth-focused roles within the consumer products industry.
• Strong quantitative, analytical, and financial modeling skills, with the ability to synthesize complex information into clear conclusions and recommendations.
• Strong project leadership skills, with the ability to manage multiple priorities, aggressive timelines, and cross-functional stakeholders.
• Strong communication skills, with the ability to clearly articulate strategic investment rationales and recommendations to internal partners and senior leadership.
• Advanced Microsoft Excel and PowerPoint skills.
• Comfort operating in a fast-paced, dynamic environment with evolving priorities and ambiguity.
• Self-starter who can work independently while effectively partnering across collaborative teams.
• Demonstrated ability to lead through ambiguity, solve complex problems, and drive alignment and decision-making.

Altria is a Fortune 500 company that has a leading portfolio of products for U.S. adult tobacco and nicotine consumers 21+. For decades we've been leaders in the tobacco industry, but the industry is evolving - and so are we. Our Vision is Moving Beyond Smoking.

At Altria, we celebrate the power of diverse teams working together to shape our future. Each Altria company is an equal opportunity employer. We are committed to providing individuals with criminal records, including formerly incarcerated individuals and individuals with conviction records, a fair chance at employment. Join us as we work together to shape a better future for adult tobacco consumers, our employees, and our shareholders.

Altria is the parent company of Philip Morris USA, John Middleton, U.S. Smokeless Tobacco, Helix Innovations, and NJOY. Altria complements its tobacco portfolio with equity investments in Anheuser-Busch InBev and Cronos Group.

Learn more about Altria at www.altria.com and follow us on LinkedIn.

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