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Principal - Business Development (Riyadh, SA) @ Al-Elm Information Security Company

Riyadh, Riyadh Region, SAOnsiteFull-time
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Job Description OVERVIEW Job Title Principal Job Code 687830 Grade E1 Group Government Products Division MoI & NIC Products Division Department Data Source Integration Unit - ROLE PURPOSE The aim is to state the overall significance of the job from the organization’s perspective. 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 Accountabilities Key Activities 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. 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. 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. 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. 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. 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. 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. 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. 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. 10. 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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