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General Manager

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Redesign Health Full time
About the Company:

Sanabil Venture Studio by Redesign Health (SSRH) empowers founders to launch and scale transformative healthcare companies in the Kingdom. Saudi Arabia represents one of the world's most promising opportunities for healthcare innovation. We support founders in launching world-class companies that benefit from Saudi Arabia's robust infrastructure, forward-thinking approach to innovation, and accelerating pace of progress.

Sanabil Venture Studio by Redesign Health is dedicated to launching AI-native healthcare ventures that transform how care is delivered and experienced. Like the startups we build, we embed AI deeply into all our operations, empowering our team to focus their creativity and expertise on the most complex challenges and high-impact opportunities. We're seeking curious, adaptable individuals who are excited to explore new ways of working, eager to constantly experiment, and committed to pushing the boundaries of what's possible at the intersection of human ingenuity and artificial intelligence.

About the Job:

As our General Manager, you will build Sanabil Venture Studio by Redesign Health's innovation platform by:

  • Identifying and evaluating new healthcare opportunities

  • Sourcing and empowering founders to pitch & launch companies

  • Building a strong network of investors, advisors, public entities, and commercial partners

  • Supporting the fundraising and strategic growth of our portfolio companies.

This is an exciting opportunity to be a founding member of SSRH and you are expected to help build the operations and culture of our Saudi innovation platform, working closely with US-based counterparts, leveraging existing Redesign innovation infrastructure, and adapting to the needs of the Saudi market.

This role is ideal for someone who thrives at the intersection of venture capital, tech, and healthcare. You will support our founders to build their companies, work collaboratively to identify thematic investment areas, attract and vet high-potential business concepts, support fundraising efforts, and represent Redesign Health to local stakeholders.

You will join a global team, reporting to our CEO, in New York City, collaborating across Redesign teams to ensure seamless alignment and execution with local and global goals.

What you'll do:

Team Leadership, Culture Building, and Office Structure Development:

  • Be a hands-on leader, providing both strategic oversight and results-driven execution to establish the operational processes and infrastructure of SSRH's first-ever office.

  • Act as a key ambassador for Redesign Health in Saudi Arabia, promoting the mission and values, and building integration with the US functional teams to leverage best practices.

  • Recruit and manage team members to support scaled execution across various functions, ensuring alignment with the global leadership team.

  • Hold P&L responsibility for SSRH.

SSRH Operations and General Management: 

  • Proactively identify and resolve issues, escalating critical matters to the global leadership team as needed to ensure timely resolution and alignment.

  • Report to and liaise with Redesign Health management to ensure visibility and successful market launch, scaling, and operations.

  • Build and reinforce the operational processes and culture for Redesign Health Saudi Arabia, wearing many hats as needed to ensure smooth day-to-day execution.

  • Track key KPIs, including the number of founders in the funnel, number of new companies launched annually, and number of strategic co-build or first customer partners, to maintain a KPI-driven approach.

Research and Investment Opportunity Development:

  • Conduct in-depth research into the Saudi Arabian healthcare market, identifying key trends, opportunities, and challenges.

  • Develop and evaluate high-potential, investable opportunities aligned with local market needs.

  • Serves as a member of the investment committee of SSRH.

Founder Partnership:

  • Attract, source, and evaluate exceptional founder talent to lead relevant investment ideas.

  • Build ecosystem partnerships with potential customers and acquirers to help our founders.

  • Partner with founders to refine investment ideas and pitch for funding to launch companies.

  • Support founders in the areas of business launch processes, evaluation of strategic opportunities & partnerships, capital development & fundraising strategy among others.

Capital Development:

  • Deepen relationships with Redesign's existing network of 200+ venture investors while building new connections across the KSA and GCC regions. 

  • Represent SSRH at investor meetings and industry conferences, using insights to refine company creation strategies.

What you'll need:

  • 10+ years of experience in venture capital, private equity, healthcare operations, tech, or strategic finance/investment banking.

  • 5+ years of people management and hiring experience.

  • Exceptional research, analytical, and strategic thinking skills, with fluency in business model analysis and investment thesis development.

  • Strong experience in fundraising, financial modeling, valuation, and structuring capital transactions within the GCC region.

  • A Bachelor's Degree with a record of high academic achievement; advanced degrees are a plus.

  • Fluency in Arabic and English is required.

  • Expertise in the KSA healthcare market and regulatory environment is an added bonus.

Who you are:

Strong Leadership: You inspire and develop top talent, fostering a team culture that attracts and retains high performers.

Financial Acumen: You analyze financial data to evaluate and act on strategic opportunities, using both quantitative and qualitative insights to inform decisions.

Strategic Mindset: You anticipate trends and future scenarios, crafting competitive strategies that connect vision to actionable outcomes.

Action Oriented: You take initiative, tackle challenges proactively, and drive results by making swift, informed decisions.

Cultural Competence: You navigate cultural differences with respect and adapt your communication style to ensure inclusive and effective interactions.

Manage Ambiguity: You stay calm and productive in the face of uncertainty, adjusting to change and leading through it effectively.

Integrity: You demonstrate high ethical standards, transparency, and accountability in decision-making, and build trust with internal teams, partners, and stakeholders by consistently acting with honesty and fairness.

Technology Innovator: You have a track record of proactively leveraging AI and other emerging technology tools to create extraordinary productivity and impact within your role. You have built systems and workflows for yourself more sophisticated than basic ChatGPT/LLM usage and are constantly experimenting with new ways to use technology to disrupt yourself.

Additional Information

This role is based in Riyadh; we work in-person four days per week.