Blockchain and digital assets are an integral part of the future of financial services. Standard Chartered has made several notable investments and exits in prominent companies in the digital assets space, these include Metaco and Ripple. Standard Chartered ventures has also incubated institutional grade custody and trade and execution firms Zodia Custody and Zodia Markets. With a long-term view on the growth and potential of the space, the Digital Asset fund will focus on key institutional infrastructure and capabilities relevant for a banking organisation to play a meaningful role in the ecosystem,
Responsibilities
Transaction Support for portfolio investments, venture fundraising and M&A
Lead the digital assets fund operations on the ground in UAE
Build and evaluate financial models for deal analysis
Assist in document collection and preparation of data room
Support the entire deal life cycle
Providing research support for new and existing transactions, including competitor research, sector, competitor, and valuation benchmarking
Lead pitches at Investment Committee meetings and be accountable for all follow ups
Assist in preparation of documentation to be presented at Investment Committees
Assist in preparation of fundraising documents and data rooms
Support preparation of quarterly fund reports for portfolio companies
Source information on a monthly and quarterly basis from portfolio companies to support portfolio reporting
Support all other SCV activities as required in UAE
Deal Screening/ Market Research
Deal screening support: call and/or meet with prospects, evaluate opportunities
Assist in the processing of NDA\xe2\x80\x99s and deal commencement procedures
Engage with sources of deal origination
Source Industry and sector Analysis
Key Stakeholders
SC Ventures core / functional team
Portfolio company management teams
Group Corporate Development
M&A Legal
External advisers
Role Competencies, Skills and Qualifications
5-10 years of investment, fundraising, M&A or related experience (VC/PE, investment banking, private equity, consulting, due diligence)
Understanding and familiarity of B2B blockchain applications, blockchain financial markets infrastructure, blockchain protocols, regulation and risk management relating to digital assets, tokens and smart contract models and economics, tokenisation, Web 3.0 and Defi
Roll up sleeves attitude as this will be a lean team operating the Digital Assets Fund
Outstanding analytical skills, detail-oriented, proactive and self-motivated
Ability to help develop more junior members of the team
Strong knowledge of Excel including advanced function
Experience with cash flow modelling and investment valuation techniques
Ability to produce well designed professional looking Power-point presentations
Strong written, analytical and verbal communication skills
About SC Ventures
SC Ventures (\xe2\x80\x9cSCV\xe2\x80\x9d) was established in 2018 with the purpose of \xe2\x80\x9cRewiring the DNA in Banking\xe2\x80\x9d by bringing three distinct areas together:
The eXellerator Lab, enabling innovation at large in the Bank by supporting intrapreneurs and their ideas, collaborating with fintech\xe2\x80\x99s through the SCV Fintech Bridge and engaging with clients and co-creation ideas
The Investment Fund (\xe2\x80\x9cFund\xe2\x80\x9d), tasked to acquire minority stakes in fintech companies (\xe2\x80\x9cfintechs\xe2\x80\x9d) whose technology has been successfully validated in the Group
Venture building, with the objective of exploring new business models (\xe2\x80\x9cventures\xe2\x80\x9d), in the way it engages existing new customers and markets.
There are c.100 team members (excluding individual ventures), including dedicated colleagues from the Group\xe2\x80\x99s support functions, based in Singapore, Hong Kong, Shenzhen, Nairobi and London.