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.
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!
Interested in learning more about this job Scroll down and find out what skills, experience and educational qualifications are needed.
Our client occupies a unique position in the global energy industry. They are the world's largest producer of hydrocarbons (oil and gas) and with significant investment in technology and infrastructure, they strive to maximize the value of the energy they produce for the world.
Who are we looking for?
Our client is seeking an experienced Business Development Lead to bring insights into various markets 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.
Upon receipt of management’s buy-in and endorsement, you will engage with the identified partners to conduct a detailed assessment and develop a robust business plan.
To accomplish these tasks, you will be required to conduct internal and external assessments to reveal emerging trends that lead to new business opportunities and / or overcome current or anticipated commercial challenges.
You must have a strong analytical background and demonstrated ability to convert raw data and information into actionable business intelligence.
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.
- Produce thought leadership reports describing the strategies, and financial and operating performance of companies, industries, and sectors.
- 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;
- Settling in Allowance one-time payment; Family Status - 100% of monthly base salary; Single / Bachelor Status 60% of monthly base salary
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