Business Development Specialist

3 weeks ago

Dhahran, Saudi Arabia Whitecrow Full time

About our client:


Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.



Responsibilities:


  • Identify and qualify new SME investment opportunities including research of potential ideas, assess their impact and determine their fit with market requirements.
  • Conduct market research and analysis including data gathering, existing market saturation & competition and industry trends. This information can be used to identify new SMEs investment opportunities and develop strategies to reach the targeted markets.
  • Build relationships with SMEs and partners; this involves developing trust and link with potential SMEs/partners.
  • Execute the approved SMEs investment opportunities and work with partners/investors to develop investment execution plans and supporting executing it.
  • Lead all aspects of project planning, team design, and progress tracking while serving as a thought leader and advisor to SMEs and investors
  • Engage with public and private stakeholders to enable investment execution
  • Close opportunities and track results: This involves ensuring that opportunities are meeting the support plan. 


Requirements:


  • Bachelor's degree from an accredited college or university, preferably in Business Administration, Finance, Engineering, or another related field. A Master's degree in Business Administration from an accredited college or university is highly preferred, but not required.
  • Minimum of 10 years of work experience in all of or part of the following; business development, investments support, Investment Banking, Private Equity, Venture Capital, and consulting
  • Strong experience in assessing the market landscape (structure, size and profitability, drivers of performance, trends, outlook)
  • Experience in financial modeling, and the viability of the target's revenue and profit forecast
  • Strong business acumen, with analytical and problem-solving skills and the ability to understand how business model decisions impact performance
  • Comfort with ambiguity and fluid client situations and ability to work in a fast-paced deal environment; travel varies with client assignments
  • Team oriented work ethic and collaborative attitude.
  • Strong presentation skills and excellent command of the English language



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