Job Title: Venture Portfolio Manager
Hiring Organization: Safaricom
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Telecommunication
Job Type: Full
Time
Salary: KES
Date Posted: 05/14/2024
Reporting
to the Venture Management Tribe Lead, The Venture Portfolio Manager will be
responsible for planning, developing, and executing key strategic initiatives
and establishing key ventures inline with Safaricom Group goals and objectives.
Primary objective will be to execute key strategic and cross-functional
initiatives and establish envisaged venture’s in a bid to spur business growth
and enhance customer experience.
Responsibilities
Strategy
and Roadmap
- Collaborate
with stakeholders, such as product managers and business leaders, to
identify and prioritize key strategic initiatives and allocate resources
effectively.
- Develop
and execute an execution roadmap for key strategic initiatives, aligned
with the overall organizational objectives.
- Identify
market trends, competitive landscape, and client needs to define the
strategic roadmap.
Venture
Building
- Drive
the ideation, design, and development of ventures and cross functional
strategic units
- Coordinate
execution of key ventures and initiatives
- Proactively
identify and address any barriers that may hinder execution of key
initiatives/ventures
Post-Launch
Support
- Work
closely with Venture/Business Unit leads to ensure the venture/strategic
initiative meets the 12-24 month objectives and milestones
- Foster
cross-functional coordination to ensure portfolio companies meet the 12-24
month objectives and milestones.
Stakeholder
Management
- Establish
and maintain strong relationships with key stakeholders, including
clients, senior executives, and business partners.
- Collaborate
with other tribes, teams, and departments to foster a holistic and
integrated approach to venture building and execution of key strategic
initiatives.
- Communicate
effectively to convey the tribe’s vision, progress, and achievements.
Performance
Monitoring and Reporting
- Define
and track key performance indicators (KPIs)for each initiative
- Prepare
regular reports and presentations to update senior management on the
execution of key initiatives, outcomes, and challenges.
Data
Analytics
- Monitor
key performance indicators (KPIs) related to wealth management products
and services, analyze data trends, and provide actionable recommendations
for performance improvement.
- Drive
data-driven decision-making by presenting insights and recommendations to
senior management and stakeholders.
- Ensure
data privacy and security measures are implemented and followed in
accordance with regulatory requirements and industry best practices.
- Stay
up-to-date with the latest advancements in data analytics and technology
to identify opportunities for innovation and process optimization in
venture building
- Core
competencies, knowledge and experience
Customer
Obsession
- Deepen
team connection to our customers and communities.
- Foster
authentic relationships with customers and partners that build trust.
- Explicitly
take customer-centric decisions and take personal ownership to achieve
results.
- Simplify
processes through digitalization and promote a digital mindset and digital
first customer experience.
- Stay
focused on the big priorities, know when to make meaningful trade-offs and
demonstrate brilliant execution.
Purpose
Drive
execution of key initiatives.
- Show
ambition and courage, empowering others to go beyond the plan.
- Prompt
new thinking and ideas by asking “what if” questions.
- Use
knowledge of the external environment (customers, partners, competition,
external bodies) to identify and act on opportunities for growth at pace.
Innovation
- Create
psychological safety so everyone can have an impact.
- Fuel
innovative ideas from others and test them to enable growth.
- Explore
successes and failures with curiosity and resilience; fearlessly
recognizing lessons learned.
- Share
your ongoing learning and personal purpose with others.
- Learn
fast from digital adoption, using learnings to drive simplicity, scale and
efficiency.
Collaboration
- Articulate
your team’s role in making our strategy happen, prioritizing and aligning
resources with current and future needs.
- Actively
collaborate to break silos and hold your team accountable to do the same.
- Develop
others to make the most of their talents and coach them to take ownership
to get things done.
- Create
an inclusive environment ensuring the safety and wellbeing of others.
- Live
our Purpose and demonstrate the highest Standard of integrity.
Key
performance indicators
- Adherence
to set Venture Management Tribe business OKRs and commitments.
- Timely
delivery of key project milestones
- Timely
escalation and resolution of issues at execution phase
- Ventures’
successful achievement of key post-launch milestones and targets
- Compliance
with all relevant regulations and internal policies and procedures. KPIs
could include regulatory compliance metrics, audit results, and risk
management metrics.
- Provide
guidance and leadership to team members, through continuous and quarterly
reviews.
- Identify
and nurture talent within the Venture Management Tribe.
- Provide
guidelines and process for the implementation of reward and recognition
activities.
- Agile
Maturity, Employee Engagement (eNPS) and Productivity.
Qualifications
- At
least seven (7) years’ knowledge and experience in the relevant field with
at least three (3) in a managerial/supervisory role.
- Relevant
Business Undergraduate Degree or relevant field along with professional
qualifications, or equivalent qualification(s) from a recognized
institution of higher learning.
- Strong
project management skills with emphasis on integrating multiple work
inputs into a unified deliverable and, timely completion of projects.
- Self-Starter
who thrives in a fast-paced environment with a high degree of autonomy.
- Possess
high professional and ethical standards.
- Demonstrate
strong execution capabilities with good strategic and analytical mindset.