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Strategic Business Development Manager
3 months ago
Position Overview:
We are currently seeking a qualified candidate for the role of Business Development Lead Strategy, specifically targeting individuals located within the Americas. Please ensure your CV is submitted in English.
Important Notice: By applying through LHR Americas, your CV will undergo a thorough review by our recruitment team. If your application is successful, we will facilitate its submission to our client's recruitment team, ensuring it receives priority attention. Applying directly through the client's career site may result in a loss of visibility in the hiring process, limiting our ability to assist you. Your CV will be competing with numerous applicants, which may affect the level of scrutiny it receives.
About Our Client:
Our client is a leader in the global energy sector, recognized as the largest producer of hydrocarbons worldwide. With a commitment to technological advancement and infrastructure investment, they aim to maximize the value of energy production while enhancing societal benefits.
Headquartered in Saudi Arabia, our client combines market discipline with a long-term vision, supported by decades of experience in managing vast hydrocarbon resources. Their efforts have yielded significant economic and societal advantages for various communities and nations reliant on their energy supply.
This organization ranks among the most profitable globally and is within the top five companies by market capitalization.
About LHR Americas:
LHR Americas specializes in recruiting talent from around the globe for opportunities in Saudi Arabia.
Candidate Profile:
We are in search of an experienced Business Development Lead who can provide insights across diverse markets to identify potential business opportunities, focusing on transactions such as acquisitions, divestments, and joint ventures on a global scale.
Your role will encompass the entire process from idea generation and concept development to conducting commercial feasibility studies and formulating initial business cases. Once management approval is secured, you will engage with selected partners to perform detailed assessments and create comprehensive business plans, followed by the necessary due diligence. The finalized opportunity will then be handed over to a transaction team for execution.
To achieve these objectives, you will conduct both internal and external evaluations to identify emerging trends that could lead to new business opportunities or address existing commercial challenges. A strong analytical background is essential, as is the ability to transform raw data into actionable business intelligence for early-stage opportunity identification across various industries.
You will be expected to present new business concepts, supported by thorough analysis, to a review committee to facilitate their progression in the development pipeline. Following initial management endorsement, you will develop a preliminary business plan that outlines objectives, strategic alignment, industry competitiveness, market analysis, risk assessment, and competitor analysis.
Minimum Qualifications:
- Bachelor's degree in Engineering, Business Administration, Finance, Economics, Accounting, or a related field, complemented by an MBA or equivalent qualification, along with a professional certification such as CFA, CMA, or PMP.
- A minimum of 10 years of relevant experience across multiple industries; if lacking an MBA or professional certification, 15 years of experience is required.
- Extensive industry experience, particularly in oil and gas, energy, technology, professional services, real estate, and infrastructure.
- Familiarity with venture activities, including commercialization, spin-offs, and joint ventures.
- Strong financial acumen, including experience in financial valuations and modeling.
- Experience in strategy development and market positioning.
- Proven analytical skills to synthesize data into meaningful insights.
- Experience with market intelligence platforms and analytics.
- Exceptional writing skills for report generation aimed at senior management.
- Strong presentation skills with experience in delivering to senior management.
- A track record of originating successful transactions.
Key Responsibilities:
- Generate and evaluate new business ideas.
- Articulate the rationale for pursuing identified opportunities, considering alignment with business strategy, market trends, and risk mitigation.
- Engage with internal and external stakeholders to stay informed on current and emerging business trends.
- Lead and conduct comprehensive market research.
- Develop business plans and financial models, reviewing those prepared by others.
- Produce insightful reports on strategies and performance across various sectors.
- Manage cross-functional teams to formulate business plans for new opportunities.
- Continuously enhance the business origination process by integrating best practices.
- Mentor junior staff in skill development and the business origination process.
Job Benefits:
- Competitive monthly base salary aligned with similar roles within the company.
- Monthly overbase compensation equivalent to 25% of the base salary.
- Benefits supplement increasing with tenure, starting at 20% of base salary after three years.
- Severance package with a two-year vesting period.
- Tax advantages for employees relocating for work.
- Employee Share Purchase Plan available after 12 months of service.
- Annual incentive plan based on performance.
- Generous travel allowance for family members residing in Saudi Arabia.
- Extensive vacation and paid holiday benefits.
- Comprehensive medical and dental coverage for employees and eligible family members.
- Educational assistance for children, including travel support.
- Settling-in allowance for new employees.
