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Business Development Lead Strategy
2 months ago
We are seeking an experienced Business Development Lead to join our team at LHR Global - Saudi Arabia. As a key member of our organization, you will be responsible for identifying and pursuing new business opportunities across various markets and industries.
Key Responsibilities- Generate new business ideas and assess their feasibility through thorough market research and analysis.
- Develop and articulate a compelling business case for pursuing identified opportunities, incorporating factors such as alignment with our business strategy, market trends, and risk mitigation.
- Engage with internal and external stakeholders to stay informed about current and emerging business trends.
- Lead and conduct desktop market research to identify potential business opportunities.
- Develop and review business plans and financial models to ensure they meet our organization's standards.
- Produce thought leadership reports that provide strategic insights and analysis on companies, industries, and sectors.
- Manage cross-functional teams to develop business plans for new business opportunities.
- Continuously review and enhance our business origination process to ensure it remains best-in-class.
- Bachelor's degree in Engineering, Business Administration, Finance, Economics, Accounting, Banking, or a related field, with an MBA or equivalent.
- At least 10 years of relevant experience in business development, with exposure to multiple industries.
- Broad industry experience, including oil and gas, technology, professional services, real estate, and infrastructure.
- Knowledge of venturing activities, such as commercialization, spin-offs, or joint venturing, project development.
- Strong finance background, including experience in financial valuations and modeling.
- Background in strategy development or relevant experience.
- Experience with developing deal strategy and market positioning.
- Strong analytical ability to synthesize data into meaningful insights.
- Experience with market intelligence platforms, analytics, and reports.
- Excellent writing and presentation skills.
- A track record of originating transactions that resulted in successful deals.
- Competitive monthly base salary.
- Monthly overbase of 25% of monthly base salary.
- Benefits supplement of 20% of monthly base salary, increasing to 25% after 3 years, 30% after 6 years, and 35% after 12 years.
- Severance package with a 2-year vest period.
- Employment tax benefits.
- Employee Share Purchase Plan (ESPP) after 12 months of service.
- Incentive plan based on performance.
- Travel allowance.
- Vacation and paid holidays.
- Medical and dental plan.
- Educational assistance plan.
- Settling in allowance.