Business Development Director
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Key skills for this role
About the Role
A results-driven Business Development Director is sought to lead growth initiatives in the hospitality or real estate sector in Riyadh.
Key Skills for This Role
Responsibilities
- Develop and execute the company's business development strategy in line with organizational objectives
- Identify and evaluate new business opportunities, partnerships, and investment prospects
- Build and maintain strong relationships with key clients, investors, developers, and strategic partners
- Lead negotiations for commercial agreements, joint ventures, and strategic alliances
- Conduct market research and competitive analysis to identify emerging trends and growth opportunities
- Collaborate with executive leadership to develop expansion plans and new business initiatives
- Prepare business cases, financial models, and feasibility studies for potential projects
- Work closely with cross functional teams to ensure successful execution of business development initiatives
- Represent the company at industry events, conferences, and networking opportunities
- Monitor business performance and provide regular reports and strategic recommendations to senior management
Requirements
- Bachelor's degree in Business Administration, Marketing, Finance, Real Estate, Hospitality Management, or related field; MBA preferred
- Minimum 10 years of experience in business development, with at least 5 years in a leadership role
- Proven experience in the hospitality or real estate sector
- Strong network of industry contacts within Saudi Arabia or the GCC
- Demonstrated success in identifying, negotiating, and closing high value business opportunities
- Strong commercial acumen with excellent negotiation and relationship management skills
- Experience in market analysis, strategic planning, and financial evaluation
- Excellent communication and presentation skills in English; Arabic is an advantage
Full Job Posting
Role Overview
- We are seeking a results driven Business Development Director to lead our growth initiatives and identify new business opportunities.
- The ideal candidate will have extensive experience in the hospitality or real estate industry, with a strong track record of developing strategic partnerships, driving revenue growth, and expanding market presence.
Key Responsibilities
- Develop and execute the company's business development strategy in line with organizational objectives.
- Identify and evaluate new business opportunities, partnerships, and investment prospects.
- Build and maintain strong relationships with key clients, investors, developers, and strategic partners.
- Lead negotiations for commercial agreements, joint ventures, and strategic alliances.
- Conduct market research and competitive analysis to identify emerging trends and growth opportunities.
- Collaborate with executive leadership to develop expansion plans and new business initiatives.
- Prepare business cases, financial models, and feasibility studies for potential projects.
- Work closely with cross functional teams to ensure successful execution of business development initiatives.
- Represent the company at industry events, conferences, and networking opportunities.
- Monitor business performance and provide regular reports and strategic recommendations to senior management.
Requirements
- Bachelor's degree in Business Administration, Marketing, Finance, Real Estate, Hospitality Management, or a related field. An MBA is preferred.
- Minimum of 10 years of experience in business development, with at least 5 years in a leadership role.
- Proven experience in the hospitality or real estate sector.
- Strong network of industry contacts within Saudi Arabia or the GCC is highly desirable.
- Demonstrated success in identifying, negotiating, and closing high value business opportunities.
- Strong commercial acumen with excellent negotiation and relationship management skills.
- Experience in market analysis, strategic planning, and financial evaluation.
- Excellent communication and presentation skills in English; Arabic is an advantage.
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