Head Venture Management at Safaricom Kenya

Detailed Description

Reporting to the Chief Business Development and Strategy Officer the role holder will lead and provide oversight to Safaricom’s investment portfolio and thus, key investments. These include Safaricom’s investments in start-ups and, innovative products/ solutions. The incumbent be responsible for the development of a portfolio with portfolio management strategy including policies, processes and procedures for the portfolio. Aimed at enhancing entrepreneurial activity by exploiting new areas of growth. The incumbent will also provide oversight to innovations that have been commercialised and are in incubation stage, with a view to make a scale, sell or shut decisions.

Key accountabilities

• Develop and implement investment policies, processes and procedures for Safaricom’s fund investments.
• In partnership with investment leaders, tribe leaders and/or product owners develop objectives for the key investments
• Define and manage the governance, plans and structure of the Portfolio to ensure portfolios and projects deliver the objectives of the business and value to Safaricom
• Monitor the performance of the portfolio/investments and drive the delivery to ensure that investments are meeting their objectives and achieving maximum value for money
• Prepare strategic reports and investment briefs, illustrating executive reports illustrating, economic trends, market trends and Safaricom’s’ investments performance to drive decision making
• Enhances stakeholder engagement and relationships with Safaricom’s investee companies to ensure effective deployment of capital to achieve intended development impact result

Job Qualifications

• BS/MS in Business Finance
• Licensed with Financial Industry Regulatory Authority (FINRA);
• Must be well versed in the existing financial tools.
• Certified Chartered Financial Analyst /CPK
• 10-15 years of work experience
• Strong Portfolio Management skills
• 7 years of proven track record of leadership roles ideally in the entrepreneurial space.
• Distinct analytical and systematic thinking.
• Excellent written and oral communication and interpersonal skills;
• Demonstrated managerial skills
• Experience in Agile ways of working