Director of Business Development

Confidential Government; Saudi Arabia; On-site; SAR 112,000 - 188,000; Full time

Job summary

A government agency in Saudi Arabia is seeking a Business Development Director to lead strategic growth initiatives, identify investment opportunities, and implement digital monetization strategies. The successful candidate will have 8–12+ years of experience in business development and venture capital, and a proven track record in launching and scaling new businesses. This role requires strong analytical and financial modeling skills and the ability to collaborate with executive leadership and cross-functional teams.

Qualifications

• 8–12+ years of experience in business development, venture capital, strategy, consulting, or corporate development.
• Proven track record in launching and scaling new businesses or investments.
• Strong understanding of digital business models and monetization strategies.

Responsibilities

• Identify, evaluate, and structure venture capital and strategic investment opportunities.
• Lead ideation, validation, and launch of new business ventures and spin-offs.
• Drive material revenue growth through partnerships, alliances, and new market entry.
• Design and implement digital monetization strategies.
• Lead market, competitive, and visibility studies to support strategic decisions.

Skills

Business development

Venture capital

Strategic investment

Financial modeling

Analytical skills

Digital business models

Job description

Role Summary

The Business Development Director will lead strategic growth initiatives across venture capital activities, new business creation, and scalable monetization models. This role is responsible for identifying investment opportunities, launching and growing new ventures, driving material revenue growth, and enhancing digital monetization and market visibility. The position works closely with executive leadership, investors, and cross-functional teams to turn strategy into measurable impact.

Key Responsibilities

Venture Capital & Investment Strategy

• Identify, evaluate, and structure venture capital and strategic investment opportunities
• Conduct commercial, market, and growth due diligence on potential investments
• Build and manage relationships with founders, co-investors, accelerators, and ecosystem partners
• Support portfolio companies with growth strategy, partnerships, and monetization initiatives

New Business Creation

• Lead ideation, validation, and launch of new business ventures and spin-offs
• Develop business models, go-to-market strategies, and financial projections
• Coordinate cross-functional teams (product, tech, marketing, legal, finance) to execute launches
• Establish KPIs and governance structures for early-stage ventures

Growth & Commercial Development

• Drive material revenue growth through partnerships, alliances, and new market entry
• Identify scalable growth levers across existing and new businesses
• Structure strategic deals, joint ventures, and long-term commercial agreements
• Track performance and optimize growth strategies based on data and results

Digital Monetization

• Design and implement digital monetization strategies (subscriptions, platforms, data, marketplaces, advertising, etc.)
• Identify opportunities to monetize digital assets, IP, and audiences
• Collaborate with product and marketing teams to optimize customer acquisition, retention, and lifetime value

Visibility & Market Studies

• Lead market, competitive, and visibility studies to support strategic decisions
• Analyze trends, customer behavior, and emerging technologies
• Translate insights into actionable growth and investment recommendations
• Support brand and market positioning strategies based on research findings

Qualifications & Experience

• 8–12+ years of experience in business development, venture capital, strategy, consulting, or corporate development
• Proven track record in launching and scaling new businesses or investments
• Strong understanding of digital business models and monetization strategies
• Experience working with senior executives, investors, and founders
• Strong financial modeling, valuation, and analytical skills