Summary
Date Posted: Tuesday, December 10, 2019 , Base Salary: Not Disclosed

JOB DETAILS:

Standard Bank is not an abstract legal entity. We are our people. And our people have a distinct culture – a way of thinking and behaving. To help us embody this culture in everything we do, we’ve come up with six attributes: expertise, opportunity, integrity, collaboration, performance, and growth. These attributes explain what we believe in collectively. They also guide our behavior and give us a shared frame of reference for what matters most to us. Ultimately, these are qualities we want our business to stand for. But each of them starts with you.

Job Responsibilities:
• Manages core Foundation functionality
• Develops and oversees the execution of the foundation strategy.
• Provides the strategic direction and guides the development of the Foundation unit strategies
• Ensures effective investment in long-term versus short-term initiatives.
• Keeps abreast of changes in legislation and the local environment; and foundation trends and reviews strategies accordingly as required.
• Drives implementation of strategies and plans for foundation and assists in driving consistency and coordination between Foundation, Bank, Partnerships and other entities
• Monitor and manage the portfolio of accelerated SMEs, ensuring they meet their quarterly targets and budgets
• Set up and manage a service provider panel, and a business acceleration service for the SMMEs (alone or with a 3rd party, and may or may not include a physical space)
• Oversee the day-to-day operations of the foundation, ensuring it runs effectively and its functions and objectives are achieved
• Prepare annual strategies and budgets to the board, and prudently manage the foundation’s resources within those budget guidelines
• Policy and procedure development (using wherever possible Stanbic Foundation’s policies and procedures)
• Recruitment and management of potential entrepreneurs
• Recruit partners to complement Stanbic Foundation’s contribution in terms of capital and skills, ensuring agreements are successfully concluded
• Manage the Foundation budget
• Manage the assets, resources and finances of the Foundation
• Optimizes and ensures alignment to procurement processes.
• Optimises payment of expenses and ensures alignment to service level agreements with external suppliers e.g. agencies.
• Operating within budget Minimise spend on other operational expenses and capex
• Drive efficiencies of spend across multiple initiatives
• Responsible for inspiring, motivating, leading and managing the team.
• Responsible for the recruitment, development and retention of relevant skills in order to meet the business needs.
• Ensures the effective selection of staff by matching the skills and competencies to the requirements of the job.
• Ensures skills assessments and competency-based training takes place as and when required.
• Builds organisational capabilities through evaluating likely future requirements and ensuring that individuals are provided with the best possible development opportunities in line with these.
• Creates an environment in which learning, and development are emphasised and valued.
• Takes personal responsibility for coaching and mentoring others.
• Effectively delegates authority and responsibility, in line with business objectives, to ensure the empowerment, motivation and effectiveness of all direct and indirect reports.
• Promotes a culture where the values of the group are seen to be ‘alive’
• Ensures the implementation of the leadership promise and employee engagement programme.
• Encourages team members to express their views, resolves issues raised by the team, escalates issues if required, and provides feedback to teams on an ongoing basis.
• Develops and maintains an open communication channel with direct reports and supports staff to foster greater co-operation and teamwork.
• Monitors and manages the performance and development of staff within the area. This includes regular one-on-one feedback sessions, conducting mid-year and final performance appraisals, as well as the moderation and relative distribution of all appraisals for the team.
• Ensures staff are appropriately and consistently rewarded and recognised for their achievements and outputs.
• Ensures that disciplinary action and grievances are addressed and aligned to policies and procedures.
• Training and development of the Foundation team
• Manage the risks for Foundation and ensure adherence to compliance regulations
• Oversee the development of risk metrics and risk appetite threshold setting.
• Drive a culture of proactive compliance.
• Interact with specialist risk areas (operational risk, financial crime risk management, information security risk etc.) to ensure that business risk management requirements are addressed in all these frameworks.
• Ensure that integrity, due skill, care and diligence is displayed at all times.
• Observe proper standards of market conduct and act in accordance with these standards
• Reputation measurement.
• Ensure efficient and effective stakeholder engagement for Foundation
• Maintain the foundation in good standing as a charitable organization under national and county law and preserve its tax status.
• Impact measurement and reporting
• Keep the entrepreneur system updated with contacts and activities
• As the face of the foundation, maintain the foundation’s visibility including through media, annual and quarterly reports, newsletters, fundraising letters and event flyers, press releases and other marketing and advertising materials.
• Build and maintain long-term relationships with key stakeholders including donors and potential donors.
• Represent, as required, the Foundation in media, PR and promotional activities
• Critical success factor: Number of successful enterprises generated, and the impact thereof
• Develop and present annual Country Foundation strategy to EXCO and Board for approval
• Work with the Senior Manager, Brand to translate the Foundation strategy and CSI policy into actionable marketing and communication activities
• Support the activities of such structures as may be established by the Board for the implementation of the CSI strategy and policy
• Engage with business units and social partners to ensure the relevance and effectiveness of Foundation programmes
• Take overall responsibility for existing CSI programs and provide a strategic, engagement and action framework in this regard moving forward
• Ensure that the Foundation is seen as a responsive and involved citizen
• Take accountability for escalating any potential reputational risks to ExCo timeousl
Job Skills:
• Ability to identify and leverage on a wide variety of partner networks (development agencies, Government, training firms, audit and consulting firms, technology companies, universities, panels of lawyers, internal stakeholders etc).
• Demonstrated capacity to see the commercial application of ideas, with ability to institute processes for quick validation of concepts
• Clear on impact goals and how to play in a role in delivering on SDG’s goals within the Foundation framework

Job Qualifications:
• First Degree in Business Commerce or equivalent
• Post Graduate Diploma
• Masters Degree will be an added advantage
• Memberships to professional bodies is added advantage
• At least 15 years’ work experience managing a small business or in a managerial position within the impact sector/world.
• Experience in financial services would be beneficial
• Experience in managing people
• Experience in managing a budget
• Keen interest in and previous experience working with entrepreneurs and start-ups
Job Education Requirements: Not Specified

Job Experience Requirements: Not Specified

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