Malta Government Venture Capital Ltd

Chief Executive Officer

  • Basis:  Full-Time
  • Closing Date:  16 Jun, 2024
  • Job Ref:  KMP-90985

Job Description

Company Overview
Malta Government Venture Capital Ltd (MVC) is a government-owned fund dedicated to investing in local start-ups through equity financing. Our mission is to support these start-ups in their growth journey and assist them in expanding their businesses internationally. We aim to achieve this by partnering up with private investors who share our vision of fostering innovation and technological advancement within Malta’s entrepreneurial ecosystem.

Through this collaboration, MVC and private investors will co-invest in promising and innovative start-ups, providing the necessary financial backing and strategic support. Our goal is to cultivate a vibrant economic landscape in Malta, where young entrepreneurs have the resources and mentorship needed to scale their businesses and compete on a global stage.

Together, we aspire to shape the future of Malta’s economy by nurturing local talent and driving technological innovation. By creating an environment conducive to entrepreneurial success, we aim to enable startups to thrive, thereby contributing to the overall prosperity and international competitiveness of Malta’s business community.

Position Overview
As Chief Executive Officer (CEO), you will be responsible for the management of the operations of MVC as well as setting the overall vision for it. The role involves a high level of responsibility, with pivotal decision-making affecting the future of the MVC and its employees.

The CEO is the main driver of the organisation and is ultimately accountable to the shareholder of MVC.

Within this role, the CEO will be expected to oversee all operations. The CEO will also be expected to develop strategies for MVC as well as communicating these strategies to an internal and external audience.

Key Responsibilities

  • Leading the development of MVC’S short and long-term strategy, ensuring their alignment with short-term and long-term objectives;
  • Making major corporate decisions, managing the overall operations and resources of MVC;
  • Communicating, on behalf of MVC, with the shareholder, other government entities and ministries, and the public;
  • Maintaining awareness of the competitive market landscape, expansion opportunities, industry developments, etc;
  • Review financial and non-financial reports to devise solutions or improvements;
  • Evaluating the work of other team leaders within the MVC, including Senior Managers and Managers;
  • Developing fresh ideas for the running of MVC;
  • Monitoring how various departments of MVC operate and how they work together to achieve overall goals;
  • Creating and implementing strategies, together with the senior management team, to determine the direction MVC will take;
  • Enforcing adherence to legal guidelines and in-house policies to maintain the MVC’S legality and business ethics;
  • Creating a positive culture at MVC. This is done by taking actions such as listening to employees and paying attention to diversity and inclusion;
  • Communicating a uniform vision for MVC and making sure that it’s understood and acted upon;
  • Consulting with shareholder to determine the future path of MVC;
  • Coordinating the development of scheme rules under guidance of the Board of MVC, and chairing the technical committees contemplated by the board approved assessment methodology;
  • Analysing problematic situations and occurrences and provide solutions to ensure MVC’s survival and growth;
  • Keeping up with industry news and trends by reading relevant publications and meeting with other professionals;
  • Taking any decisions and actions required to help MVC cut expenses and increase revenue.

Experience and Qualifications

  • A master’s degree in Finance, Business Administration, Economics, or a related field (MQF Level 7). In case of foreign qualifications, a recognition certificate from MFHEA is to be submitted for the application to be taken into consideration;
  • Minimum of seven (7) years post-graduate experience in a senior management role;
  • Experience in a C-suite executive position;
  • Exceptional leadership and team management skills;
  • Strong analytical and strategic thinking skills;
  • Deep knowledge of corporate governance, finance, and performance management;
  • Excellent communication and public speaking skills, with the ability to build and maintain strong relationships with stakeholders.

If you are excited about the opportunity to lead MVC, and meet the requirements outlined above, we invite you to submit your resumé and a covering letter outlining your vision for the organisation via the apply button below.

Jobsplus Permit No: 471/2024.