Venture Architect

PTTEP Services Limited

Job Purpose

To drive PTTEP’s technology commercialization and new business development by screening innovations from internal and external development that have the potential to be a new venture and then managing a new venture’s journey to transform qualified innovations into new/diversified businesses beyond petroleum exploration and production.

Key Accountabilities

  • Take roles in a combination of venture builder, analyst, technologist, product owner, and intrapreneur
  • Collaborate with technology management team, corporate venture capital team, and other relevant functions to stay tuned for innovations that fit PTTEP’s deployment or new business opportunities
  • Support technology development as a stage-gate committee, pitching judge, and/or business mentor for innovation projects to provide opinions and support from market/commercial perspectives
  • Evaluate technology’s commerciality through validation of problem statement, problem-solution fit, market potential, techno-economics, product-market fit, product readiness, and other elements if required
  • Formulate commercial strategies such as designing minimum testable business architecture, defining key milestones, and conducting a feasibility study for external commercialization
  • Navigate project journey in accelerating and scaling up a potential new venture, encompassing market discovery, market validation, customer trial, and go-to-market (GTM) development
  • Prepare the launch of new ventures, which includes but is not limited to constructing a data room, conducting valuation, engaging potential investors, and pursuing other required aspects until launch
  • Manage projects and assignments relevant to the exploration and validation of new business opportunities

Professional Knowledge & Experiences

  • Bachelor’s degree in Engineering, Material Science, Energy, or relevant fields
  • Master’s degree in Business Administration, Entrepreneurship, Technopreneurship, Innovation, or relevant fields
  • 8+ years of experience in any related fields; Business Development, Commercial Partnership, Go-to-Market, Venture Building, or Business Scale-up
  • Experience in technology commercialization or new business venturing is an advantage
  • Familiarity in start-up, incubator, accelerator, or venture builder is a plus
  • Good understanding of design thinking, problem-solution fit, product-market fit, and business model design
  • Good analytical and financial modelling skills (evidenced by feasibility analysis or business valuation)
  • Proven ability to collaborate and build strong working relationships with internal and external parties
  • Strong communication, presentation, interpersonal, and computer literacy skills
  • Good command of spoken and written English
  • Good project management skills