*At this time, we are only receiving applications from candidates who are currently situated in the Americas. Please make sure your CV is in English only, thank you.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.
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).
Who are we looking for?Our client is seeking an experienced Business Development Lead to bring insights into various markets, not limited to any sector, to uncover business opportunities that would lead primarily to transactions like acquisitions, divestments, and joint ventures with a global reach.
Your responsibilities will range from initial idea generation, concept development, leading, and conducting commercial feasibility studies culminating in the development of an initial business case.
Minimum Requirements Bachelor's degree in Engineering, Business Administration, Finance, Economics, Accounting, Banking or its equivalent with an MBA or its equivalent; and with a professional certification, such as Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), or Project Management Professional (PMP) certification. 10 years of relevant experience with exposure to multiple industries. If an MBA or a professional certification is not available, 15 years of relevant experience is required. Broad industry experience including but not limited to oil and gas and the broader energy industry, technology, professional services, real estate, and infrastructure. Knowledge of venturing activities like 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. A strong analytical ability to synthesize data obtained from various sources into meaningful insight. Experience with market intelligence platforms, analytics, and reports. Excellent writing skills to produce reports to senior management. Excellent presentation skills to produce presentation materials with experience presenting to senior management. A track record of originating transactions that resulted in successful deals. Key Responsibilities Generate new business ideas and assess their feasibility. Articulate rationale for pursuing the identified opportunities incorporating factors such as alignment with business strategy, market trends, business & commercial impact, and mitigation of risk. Engage with internal and external entities to be knowledgeable of current or emerging business trends. Lead and conduct desktop market research. Develop business plans & financial models and review financial models prepared by others. Manage cross-functional teams to develop business plans for new business opportunities. Continuously review and enhance the business origination process with best practices. Mentor and coach junior staff members regarding skill development and the business origination process. Job Benefits Monthly 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, after 3 years of service, reward increases to 25% of base, after 6 years 30% of base, and after 12 years 35% of base Severance Package (2-year vest period) – year 2 to 5: 2 week's pay for each year of service, Year 6+: 4 week's pay for each year after Employee Share Purchase Plan (ESPP) (eligible after 12 months of service) – maximum purchase equal to 10% monthly base pay with a cap, 20% share discount Incentive Plan – annual; based on performance, approx. 1.8x monthly base salary Travel Allowance – annual; approx. $8,200 per household member 11+ years old residing in Saudi Arabia and $6,000 per household member under 11 years old Vacation & Paid Holidays – 38 vacation days / 4 travel days / 11-13 paid holidays Medical/Dental Plan – complimentary in-Kingdom Johns Hopkins medical care/facilities for employee and eligible family members. In-Kingdom dental services subsidized Educational Assistance Plan (EAP) – Out of Kingdom Assistance: 90% of expenses with a maximum per child, lesser of 5x monthly base salary or the company max ($48.5K), plus 3 round-trip economy air travel tickets; undergraduate college-age children get 2 round-trip economy air travel tickets; In Kingdom Assistance: 2x monthly base salary or the company max ($16.3K) Settling in Allowance – one-time payment; Family Status - 100% of monthly base salary; Single/Bachelor Status – 60% of monthly base salary Stages of our Hiring Process1. Resume Evaluation: A member of our recruitment team will evaluate that your resume matches the client's job description requirement.
If your resume evaluation is suitable for this position, the recruitment team will invite you to a preliminary phone/video interview in 2-3 days.
If your resume evaluation is not suitable, you will be receiving an e-mail notification in 2-3 days.
2. Interviews Stage: 2.1 LHR Americas preliminary phone/video interview: A member of the Talent Acquisition team from LHR Americas will first schedule a call with you to discuss the details of the position, your interests, and qualifications.
If this preliminary phone/video interview is successful, your resume will be submitted to our client.
If your preliminary phone/video interview is not successful, our Talent Acquisition consultant will inform you.
2.2 Client Face to Face interview: This interview will happen only if your resume is approved by our client.
If your resume is approved a member of the Talent Acquisition Team will get back to you and schedule a face-to-face meeting in a defined location.
If your face-to-face interview is successful, the hiring team will further evaluate your resume, decide, and then receive a conditional job offer.
If your face-to-face interview is not approved, LHR Americas will inform you.
2.3 There could be additional video interviews with hiring managers, which may also contain technical questions that help us assess your familiarity with problem-solving in your given field.
3. Conditional Offer: A successful interview may result in a conditional offer of employment.
4. Relocation Process: After your offer is accepted and all conditions for employment are met, you will be assigned a relocation advisor from LHR Americas.
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