SC Ventures Lead, Saudi Arabia

Job Summary

SC Ventures was set up in 2018 and today has geography teams across key locations outside Singapore – in Shanghai, Hong Kong, Kenya, Silicon Valley, UK and the UAE. The role of the Saudi Arabia Lead is to accelerate the expansion of SC Ventures mandate in the country and connect the ecosystem with other location in the region.

The Middle East innovation landscape is expanding at a fast pace and this role is a key position to integrate SC Ventures and the Bank in Saudi Arabia with that ecosystem and drive change in business models and innovation agenda. The role will support the Geo lead in UAE to provide coverage more broadly across the Middle East.

The role will assess emerging business models in Saudi Arabia which are relevant for other SCB markets and build long term partnerships with clients and fintechs in the region including sourcing potential M&A transactions, working closely with Corporate Development and Funds team.

Key Responsibilities

• Engage Clients, Fintechs, Venture ecosystem in the country for co-creation, PoCs, M&A and venture building opportunities while working closely with the team/capabilities
• Incubate business ventures and mentor teams which originate from Saudi Arabia or are focused on these markets helping them with problem statement, strategy, value proposition, business model and build plan in partnership with the incubation team
• Enable portfolio of ventures including funding and expansion plans to the country
• Engage and educate senior stakeholders (SCB CMT and Board members) in the country about SC Ventures mandate, strategy and progress including aspects of governance
• Represent SC Ventures in external events in the Country and build strong relationships with key government bodies and associations
• Drive culture and mindset change in the country by engaging employees and stakeholders.
• Execute the country responsibility by supporting SCV’s overall agenda including team management, strategy, OKRs, budget etc for the SCV team
  
  

Skills And Experience

• Strong understanding of mandate and activities of SC Ventures
• Expertise in business model innovation / venture building
• Expertise in the Group’s products and offerings
• Understanding of the impact of innovation technology in Financial Services sector
• Knowledge of and connections with the FinTech / Venture ecosystem
• Innovation mindset to challenge traditional thinking and drive change in culture
  
  

Qualifications

• Experience in a Corporate Venture Capital / Corporate development is a plus
• Broad understanding of Banking products
• Connected to start-up / VC / CVC landscape is a plus
• Experience in technology / Financial institutions & large global organizations
  
  

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together We

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
  
  

What We Offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.