Sr. Technology Manager (Ventures)

Sr. Technology Manager (Ventures)

Chemistry that Matters™

A career at SABIC provides you with an opportunity to leave a lasting positive impact to the world and yourself. From excellent health and well-being benefits to our comprehensive learning programs. We offer a wide range of benefits and offerings that recognize that our people have unique motivations and ambitions. It’s all about matching what matters to you with what matters to us. Let’s explore what matters!

As one of the world’s largest diversified chemical companies, we activate the power of human capital to address society’s future challenges. Through partnerships, we enable life-saving medical innovations and help fight world hunger. We are driving the circular economy for the benefit of communities and our planet through sustainability initiatives, such as our TRUCIRCLE™ portfolio.  Our success is built upon the collective excellence of our 32,000 employees in 50+ countries.  Our values – Inspire, Engage, Create, and Deliver – are the foundation of our success. To learn more about these and how we strive to Be the Impact, click here.

Our purpose is "Chemistry that Matters". This is what drives us to do what we do. "Chemistry" goes beyond applying science and technology to enhance the supply of essential materials to the world. It is how we work, to build long-lasting relationships of trust. “What Matters” is making a meaningful impact for the world – through the customers and communities we collaborate with, so that we succeed and grow together.

It is all about matching what matters to you with what matters to us. We are mindful about the importance of the team we are building and how our team members impact to our culture.   We believe that good ideas come from anywhere, being inclusive to diverse perspectives is stimulating, encourages innovation and is critical to our mission. Let us explore this together!

For an overview of our benefits here at SABIC, please visit: www.yoursabicbenefits.com 

Job Summary

The purpose of the role is twofold: (a) ‘Bottom-up’: To create deal flow within the strategic areas of interest to SABIC; and (b) ‘Top-down’: To lead and manage the regional interface with internal need owners (i.e. SBU’s and Corporate Programs) and external (technology) innovation solution providers.

How You Can Be the Impact

• Responsible for creating deal flow in the strategic areas of interest for SABIC within Americas region.
• Responsible for screening of joint development, investment, licensing-in and acquisition opportunities starting from hunting grounds of SABIC’s Corporate Platforms and SBU’s.
• Conducts preliminary evaluation of the technology, its use, its uniqueness as well as applicability to SABIC’s existing and future strategic businesses (strategic fit) and the level of commercial feasibility.
• Responsible for taking prompt decisions to kill obvious non-feasible opportunities at early stage before they go to sponsors; thus helping to provide focus on feasible opportunities. This also implies that the role is responsible to have upfront understanding of SBUs or Corporate Platforms technology needs and constraints.
• Responsible for following the deal flow process and required documentation.
• Responsible for developing a strategy for interfacing and interacting with potential solution providers, developing preliminary assessments vs. strategy and providing shortlists of potential solutions to the need owner.
• Responsible for building and maintaining internal relationships with functions required for deal flow process, such as domain technology experts within T&I, Legal Counsels and with SBU’s. Follow up on strategic value delivery.

What Matters to SABIC

• BS, MSc or PhD in chemistry, chemical engineering or Petchem related stream.
• Training in business development, corporate finance and legal agreements.
• Minimum 8-12 years of industrial experience in (petro)chemical industries.
• Minimum 5-10 years of experience in a technology development-related job.
• Preferably experience with new business development/starting technology ventures. Preferably experience in chemical engineering
• Technical know-how: chemicals & materials technology, Engineering and energy technology.
• Professional know-how: broad understanding of strategy development, innovation, corporate finance and Legal (venturing).
• Good understanding of SABIC strategy, businesses/SBUs and needs (e.g. technology roadmaps).
• Strategic decision making: able to take decisions on what is relevant for SABIC 5-10 y from now.
• Innovative and lateral thinker, can think out of the box and dares to challenge status quo.
• Builds strategic working relationships: Strong networker, both inside and outside SABIC.
• Builds partnerships: Explores options for both parties in a creative and constructive manner. Represents the company in a professional manner.
• Organize for success: Ability to drive initiatives across the entire SABIC organization to induce/strengthen the innovation focus and capabilities.
• Able to travel up to 50% during peak times.

Physical Requirements: N/A       

Eligibility Requirements

• You must submit your application for employment online to be considered. Please submit your resume using the “Apply Now/Apply” option on this page.
• You must be 18 years or older
• Applicants must be currently authorized to work for SABIC in the United States on a full-time basis.

Work Availability

Regular, predictable attendance is an essential function of this position. Applicants must be regularly available and willing to work (e.g. Monday – Friday) during assigned hours of operation and such other hours as the company determines are necessary or desirable to meet business needs

We are proud to be a diverse and an equal opportunity employer. We are fully committed to a culture of respect and inclusion.