Important Notice:By applying through LHR Americas, you are ensuring that your CV will be manually revised by one of our recruiters. If accepted, we will submit it directly to our client's recruitment team where your CV will be prioritized for revision. If you decide to apply directly through our client's career site as well, LHR Americas will lose all visibility of your hiring process and will be unable to support you. Who is our client and your future employer?The company where energy is opportunity!
Our client occupies a unique position in the global energy industry. They are the world's largest producer of hydrocarbons (oil and gas) and commit to enhancing value to society.
Headquartered in the Kingdom of Saudi Arabia, our client combines market discipline with a generations-spanning view of the future, driven by nine decades of experience as responsible stewards of the Kingdom's vast hydrocarbon resources.
This company is one of the most profitable in the world and amongst the top five global companies by market capitalization.
LHR AmericasLHR Americas recruits people from around the world to work in Saudi Arabia.
Who are we looking for?Our client is seeking an experienced Business Development Lead to bring insights into various markets to uncover business opportunities leading to transactions like acquisitions, divestments, and joint ventures.
Your responsibilities will include idea generation, concept development, leading commercial feasibility studies, and developing business cases. You will engage with partners to conduct detailed assessments and develop robust business plans.
You must conduct assessments to reveal emerging trends that lead to new business opportunities and have a strong analytical background to convert data into actionable business intelligence.
You will present new business ideas with a sufficient level of analysis to a review committee and develop initial business plans that include objectives, strategy, market analysis, risk assessment, and competitor analysis.
Strong project management skills and experience leading large cross-functional teams are essential, along with strong communication and presentation skills.
Minimum RequirementsBachelor's degree in Engineering, Business Administration, Finance, Economics, Accounting, Banking or equivalent with an MBA or equivalent; with a professional certification (CFA, CMA, or PMP).10 years of relevant experience with exposure to multiple industries; if not holding an MBA or professional certification, 15 years of relevant experience is required.Broad industry experience including oil and gas, technology, professional services, real estate, and infrastructure.Knowledge of venturing activities like commercialization, spin-offs, or joint venturing.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.A strong analytical ability to synthesize data into meaningful insight.Experience with market intelligence platforms and analytics.Excellent writing skills to produce reports to senior management.Excellent presentation skills with experience presenting to senior management.A track record of originating transactions that resulted in successful deals.Key ResponsibilitiesGenerate new business ideas and assess their feasibility.Articulate rationale for pursuing identified opportunities.Engage with internal and external entities to stay knowledgeable of business trends.Lead and conduct desktop market research.Develop business plans & financial models.Produce thought leadership reports on strategies and performance.Manage cross-functional teams for new business plans.Continuously review and enhance the business origination process.Mentor and coach junior staff members.Job BenefitsMonthly Base Salary – aligned with company employees with similar skills.Monthly Overbase – 25% of your monthly base salary.Benefits Supplement – 20% of your monthly base salary, increasing with years of service.Severance Package – year 2 to 5: 2 week's pay for each year of service, Year 6+: 4 week's pay for each year after.Employment Tax – potential tax benefits based on residency.Employee Share Purchase Plan (ESPP) – eligible after 12 months of service.Incentive Plan – annual based on performance.Travel Allowance – annual for household members residing in Saudi Arabia.Vacation & Paid Holidays – 38 vacation days / 4 travel days / 11-13 paid holidays.Medical/Dental Plan – complimentary care for employee and family.Educational Assistance Plan (EAP) – assistance for educational expenses.Settling in Allowance – one-time payment based on employment status.Stages of our Hiring Process1. Resume Evaluation: A member of our recruitment team will evaluate your resume against the client's requirements.
2. Interviews Stage: Includes preliminary phone/video interview and client face-to-face interview.
3. Conditional Offer: A successful interview may result in a conditional offer of employment.
4. Relocation Process: After acceptance, you will be assigned a relocation advisor for assistance.
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