Principal - Business Development
Riyadh, SA
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Job Description |
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OVERVIEW |
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Job Title |
Principal |
Job Code |
687830 |
Grade |
E1 |
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Group |
Government Products |
Division |
MoI & NIC Products Division |
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Department |
Data Source Integration |
Unit |
- |
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ROLE PURPOSE The aim is to state the overall significance of the job from the organization’s perspective. |
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To lead business development activities for Identity & Biometrics products by identifying growth opportunities, shaping strategic partnerships, developing business cases, and coordinating with internal and external stakeholders to support service expansion and value realization. |
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KEY ACCOUNTABILITIES & ACTIVITIES This section describes the principal outputs required from the job. |
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Key Accountabilities |
Key Activities |
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1. Business Development Strategy |
• Develop business development plans for Identity & Biometrics products in alignment with sector priorities and market opportunities. • Translate strategic directions into clear initiatives, targets, and action plans that support product growth and sustainability. |
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2. Opportunity Identification |
• Identify new business opportunities, partnerships, and service expansion areas based on market needs and stakeholder priorities. • Assess opportunities against strategic fit, expected value, feasibility, and readiness for further evaluation. |
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3. Business Case Development |
• Prepare business cases covering value proposition, scope, expected benefits, cost considerations, risks, and implementation requirements. • Present business cases and recommendations to relevant stakeholders to support informed decision-making. |
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4. Partnership Development |
• Engage with potential partners and stakeholders to explore collaboration models that support Identity & Biometrics objectives. • Coordinate partnership discussions and align proposed models with business, legal, technical, and operational requirements. |
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5. Commercial & Value Analysis |
• Analyze financial and non-financial value drivers to support prioritization of business development opportunities. • Evaluate revenue potential, operational impact, and strategic benefits to ensure proposed initiatives are viable and value-driven. |
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6. Product Expansion Support |
• Support expansion of existing products and services by coordinating with product, technical, and operational teams. • Identify dependencies, requirements, and readiness factors needed to move initiatives from concept to execution. |
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7. Stakeholder Alignment |
• Lead coordination with internal stakeholders to align on objectives, roles, timelines, and expected outcomes for business development initiatives. • Facilitate discussions to resolve open items and maintain alignment between business owners and delivery teams. |
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8. Performance Tracking & Reporting |
• Define and track key performance indicators related to business development initiatives, partnerships, and growth opportunities. • Prepare executive updates, progress reports, and decision papers highlighting status, achievements, risks, and next steps. |
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9. Policies, Processes & Procedures |
• Follow all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner. • Comply with all relevant safety, quality and environmental management policies, procedures and controls to ensure a healthy and safe work environment. |
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10. Information Security |
• Comply with all relevant information security practices and standards to ensure data integrity and confidentiality. |
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JOB SPECIFICATIONS |
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Academic and professional qualifications |
• Bachelor's degree in Business Administration, Marketing, Information Systems, Computer Science, or a related field. • Professional certifications in business development, strategy, partnerships, or product management are preferred. |
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Years and Nature of Experience |
• 7-9 years of relevant experience in business development, partnerships, product growth, or strategic initiatives. • Experience in digital products, government services, or identity and biometrics solutions is preferred. |
Job Segment:
Information Security, Computer Science, Information Systems, Technology, Marketing