Business Development Analyst

Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.

Role Description:

• Companies Innovation & Product Development Center (LAB7) under the National Champions Admin area is established with the aim of instilling and fostering a culture of innovation in the Kingdom through availing quality services and infrastructure to accelerate ideas development to reach the commercialization stage.
• LAB7 will support a new generation of innovators to develop ground breaking ideas from conception to completion and facilitating the launch of technical-based start ups.

Responsibilities:

• Lead the process to select, define, and redefine a suitable challenge from the market research findings.
• Conduct market research and analysis to identify new challenges and opportunities to be addressed within LAB7.
• Assess and recommend commercialization strategies for graduated projects.
• Conduct valuation process to estimate the economic value of the innovator’s idea once it is an established business.
• Support innovators in conducting different types of analysis such as SWOT (Strengths, Weaknesses, Opportunities, and Threats) and PESTEL (Political, Economic, Sociological, Technological, Legal, and Environmental).
• Support innovators in conducting market analysis: target industry, size, growth rate, trends and outlook.
• Support innovators in conducting competitor’s analysis, financial analysis and risk analysis.
• Forecast financial returns based on present and historical data.

Requirements:

• Bachelor's degree in Business Administration, Finance, Entrepreneurship studies or equivalent field, MBA is preferred.
• 10+ years track record & experience venture investment and conducting business case development and business acceleration.
• Excellent problem-problem solving, project management, analytical and communication skills.
• Proficient in English (writing and speaking).
• Excellent computer skills with Excel, PowerPoint, and Word, for data consolidation, analysis, representation.