Chief Executive Officer

FOMO PAY PTE. LTD.
Singapore
SGD 150,000 - 200,000
Job description

About 1exchange

A member of private markets ecosystem CapBridge Financial, 1X is the first MAS-regulated private securities exchange in Singapore and widely regarded as the third board in the global financial centre.

Built on the blockchain, 1X is a “light-touch” and cost-effective private listing venue designed for family businesses, as well as growth and pre-IPO companies. The exchange provides companies with market-oriented solutions such as direct private listings and employee share trading.

With a 1X listing, founders, owners, and growth stage companies can achieve partial exits and tradability in private shares while retaining flexibility and control. Private investors on 1X can freely and securely trade in and out of their positions to achieve liquidity anytime, anywhere.

For more information, visit https://www.1x.exchange

Reports To: Board of Directors

The CEO leads 1X into its next growth phase towards commercial milestones. This role involves a high degree of creativity, resilience, and leadership in navigating the challenges of the business.

Key Responsibilities:

  • Validate the business model, ensuring its fit with the target market and potential for scalability
  • Lead the development and implementation of the strategies for marketing, sales, product development, and operations
  • Cultivate a strong culture of innovation, collaboration, and accountability within the team
  • Build and maintain key relationships with partners, suppliers, customers, and other stakeholders critical to the business's early success
  • Ensure the startup's compliance with legal and regulatory requirements
  • Manage the company's budget, cash flow, and investment priorities efficiently, understand the unique financial challenges of a pre-revenue business
  • Lead by example in customer discovery and validation processes, setting the groundwork for market-fit products or services
  • Recruit, develop, and lead a team that is motivated and aligned with the startup's goals, even amidst uncertainty and limited resources
  • Adjust strategies and plans as needed based on feedback, market conditions, and business opportunities

Requirements:

  • Ability to learn quickly are crucial attributes
  • Proven leadership experience, preferably in a startup or entrepreneurial environment
  • Strong understanding of business model validation, market analysis, and lean startup methodology
  • Ability to engage with investors and secure funding
  • Creative problem-solving skills and adaptability to change
  • Excellent interpersonal and networking skills, with a talent for building rapport with a range of partners and stakeholders
  • Passion for and understanding of the startup ecosystem
  • Hands-on attitude and willingness to perform a wide range of tasks necessary for the startup's growth
  • Strong organizational abilities, including planning, delegating, and task prioritization
  • Excellent communication and public speaking skills
  • Bachelor’s Degree in Business Administration, Finance, or relevant field; Master’s Degree or entrepreneurial experience is a plus
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