Senior Incubator, SCV Kenya at Standard Chartered Bank Kenya

SC Ventures (“SCV”) was established in 2018 with the purpose of “Rewiring the DNA in Banking” by bringing three distinct areas together:

The eXellerator Lab, enabling innovation at large in the Bank.  Allowing entrepreneurially minded colleagues, known as “Intrapreneurs”, to develop ideas into products, services or new business models. Collaboration with fintech companies, supported by the SC Ventures Fintech Bridge, Proof of Concept (“POC”) framework and POC funding and extends to client engagement on co-creation activities.

The Innovation Investment Fund (“Fund”), tasked to acquire minority stakes in fintech companies (“fintechs”) whose technology has been successfully validated in the Group and is progressing to production (i.e., continuing use), subject to commercial due diligence.

Venture building, exploring new business models (“ventures”), with the objective of providing ‘optionality’ for the Group in the way it engages existing and new customers and markets. These adopt a start-up model, operating independently of the Group’s existing businesses, funded in a venture capital fashion, and under a different governance and risk management framework.

There is a global team of “Members” (excluding individual ventures), including dedicated colleagues from the Group’s support functions, based in Singapore, Hong Kong, Shanghai, Nairobi, London and San Francisco.                                       

As the Senior Incubator you will:

• Manage key ventures in our portfolio from end-to-end: Incubation, Acceleration and Commercialisation
  • Provide support to intrapreneurs across ideation, acceleration, investment and commercialisation stages.
  • Serve as a Mentor to grow the key skillset and mindset required for effective successful ventures and ongoing operation. 
  • Provide high-quality coaching and advisory support to intrapreneurs along their journeys. 
• Work along with other team members to develop ventures at their various stages and help passionate intrapreneurs take their ventures into success stories.
  • Help ventures develop their go-to-market strategies and financial projections
  • Ensure tight management of milestones and progress of intrapreneurs and venture leads; Guide & support start-ups for Brain Trust activity.
  • Provide continued strategic and intensive guidance to entrepreneurs in areas such as business modelling, sales, and marketing, financing, fundraising, overall strategy, operations etc. 
  • Be the switchboard for intrapreneurs to access relevant resources and connections within the bank and outside when required

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Lead SC Ventures Kenya to achieve the outcomes set out in the Bank’s Conduct Principles
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Skills & Requirements

•  At least 5-10 years of relevant work experience with experience working with entrepreneurs, start-ups labs, incubators, VCs or incubation consultancy
• Good understanding of the entrepreneurship and Venture Capital ecosystem.
• Built FinTech businesses in regulated environment
• Strong Team and Stakeholders Management skills: ability to motivate, communicate at different levels, train, mentor and lead the ventures throughout the process 
• Passionate about start-ups, Technology and Fintech
• Competitive spirit with demonstrated ability to strive in a competitive environment 
• Highly resilient, committed, leadership, strategic, ability to work under pressure, team player, innovative with excellent communication, presentation and influencing skills
• Ideally a post graduate education