IDB1850 - Manager - Business Development | Jeddah, SA

IDB1850 - Manager - Business Development

IDB1850 - Manager - Business Development

JOB PURPOSE

This role contributes to the achievement of ITFC's strategic objectives by fostering innovation, products and business development, and launch and management of special funds. The Manager, Business Development, is responsible for supporting ITFC in designing and developing innovative new business lines, programs, and trade finance products. Additionally, the Manager will oversee the effective management and active administration of the Trade Development Fund ensuring alignment with goals.

KEY RESPONSIBILITIES

Core Responsibilities

• Assist in implementing business development initiatives and applying innovation methodologies, in coordination with relevant departments for digital components.
• Support the establishment and maintenance of business development frameworks and processes to ensure smooth operations.
• Assist in the allocation of work and resources within the team to ensure tasks are completed on time and efficiently.
• Ensure high levels of productivity and collaboration.
• Build and maintain internal and external relationships to achieve business objectives.
• Assist in the development and launch of Special Purpose Vehicles (SPVs) to explore new business opportunities.
• Contribute to knowledge-sharing within ITFC by sharing relevant business development insights.
• Ensure that processes within the team are well-established and followed for efficient operations.
• Foster a positive work environment that encourages idea generation and problem-solving.
• Monitor and maintain portfolios of all Business Development functions, providing regular updates on progress.
• Stay informed about trade trends and challenges within member countries and identify opportunities for potential business solutions.
• Work closely with Trade Finance and Trade Development teams to help identify and develop new business opportunities for ITFC.
• Assist in the management of the New Product development process in collaboration with ITFC's relevant teams and IsDBG Shari'ah body.
• Assist in Managing and Operating the Governance Structure of the Trade Development Fund.
• Develop, maintain, and report on implementation of the Trade Development Fund's Operational, Administrative & Financial Plans

QUALIFICATIONS AND COMPETENCIES

Education

• Bachelor's degree in business, Economics, Islamic Finance or related fields.

Functional competencies

Development of New Business Lines - Intermediate

Research & Analysis - Intermediate

Project Design & Management - Intermediate

Cross-Border Trade Processes - Intermediate

Innovation Management - Intermediate

International Trade Landscape - Beginner

Networking & Relationship Management - Intermediate

Language Skills

• English is compulsory
• Arabic or French are preferable

Years of Experience

• Minimum 5 years of experience

About Application Process

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):

Resume/CV

The Islamic Development Bank (IsDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the IsDB does not request information on applicants' bank accounts. The IsDB declines all responsibility for the fraudulent publications of job posts or job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.

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