Venture Portfolio Manager at Safaricom Kenya

Job Description

Venture Portfolio Manager at Safaricom Kenya

• 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.

Venture Portfolio Manager at Safaricom Kenya