000000 Jobs | eBankingCareers A Global Career Site for Banking and Financial Professional

Job Specification

  1. Number of Vacancies: 1
  2. Expiry Date: 2019-08-15
  3. Job Type: Full Time
  1. Experience: 5 to 10 years
  2. Functional Area:
  3. Job Code: JB104498

Job Description

    • We are looking for an energetic individual with strong drive to assume a key role in roll out of "Fintech Venture Capital Investments" as part of bank’s proprietary investments group. 
    • In addition to a deep understanding of technology venture capital investments, the role requires business development skills and an aptitude for creating organizational collaborations. 
    • The successful applicant will play a key role in establishing and managing a fintech venture capital portfolio for the bank, building a strong team to ensure proficient portfolio management and working through bank’s organizational channels to enable collaborations and realize other strategic growth opportunities through fintech investments.
    • Establish and maintain relationships with venture capital fund managers and credible investors active in fintech.
    • Create access to high prospect fintech companies and their managements with a view to future investments and creating collaboration with the bank Establish collaborations with local and regional fintech stakeholders, as well as other financial institutions.
    • Review and analyze fintech market developments and appraise present portfolio performance in view of existing strategy objectives.
    • Based on portfolio performance and fintech market analysis, table recommendations for review of fintech venture capital strategy and execution plans.
    • Help identify collaboration opportunities with fintech investees and work towards realizing other strategic growth opportunities that bank may pursue through fintech investees.
    • Ideate, source and execute investment opportunities (LP interest into relevant funds; co-investment and direct investment into Fintech companies) in accordance with the strategy and the directions of the relevant supervisory authorities as determined by the bank (e.g. fintech investment committee).
    • Gain access and develop relations with investees, whilst aiming to select the investees that are most strategically fit for future co-investment, and subsequently follow-on investment.
    • Provide performance updates for existing portfolio investments (both funds, direct and prospective investment).
    Skills and Qualifications:
    • 5-10 years investment and portfolio management experience with (i) technology venture capital firm preferably with a Fintech focus or (ii) experience of managing corporate venture in a bank.
    • A master’s degree in technology, innovation, entrepreneurship or relevant majors.
    • Entrepreneurship experience would be added advantage.
    • Strong analytical and financial skills with sound understanding of trending technologies in fintech markets,
    • Advanced understanding of sub-sectors of Fintech (such as payments, credit) and application of Fintech solutions for banking institutions.
    • Ability to work in an organizational framework to create collaborations, strategic investments.