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Principal - Business Development

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Elm Company
Full Time position
Listed on 2026-09-15
Job specializations:
  • Business
    Business Development, Business Analyst
Salary/Wage Range or Industry Benchmark: 320000 - 520000 SAR Yearly SAR 320000.00 520000.00 YEAR
Job Description & How to Apply Below
Position: Principal - Business Development Job

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.

Overview

Job Title:

Principal

Job Code: 687830

Grade: E1

Group:
Government Products

Division:
MoI & NIC Products Division

Department:
Data Source Integration

ROLE PURPOSE

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.

Key Accountabilities & Activities

This section describes the principal outputs required from the job.

Key Activities
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • Information Security
  • Comply with all relevant information security practices and standards to ensure data integrity and confidentiality.
JOB SPECIFICATIONS 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.
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.
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