Associate Partner Business Development

About Ultimate Peaks Talent & Strategy

Ultimate Peaks is a Riyadh-based boutique executive search and HR advisory firm. The firm serves Saudi and GCC clients, focusing on Vision 2030-aligned leadership hiring, C-suite search, board/NRC advisory, and people-strategy consulting. It operates as a founder-led organization, designed to be lean, and aims for growth based on reputation.

About the Associate Partner Business Development Role

This full-time role is for an Associate Partner in Business Development, based in Riyadh, Saudi Arabia. It is structured for an individual interested in contributing to the growth of a firm. The Associate Partner will work directly with the Founder & Managing Partner to originate and close search and advisory mandates. The position includes a written path to Partner and profit share, linked to revenue generation, rather than being a traditional salaried business development role. Candidates should have over 10 years of experience.

Key Responsibilities

• Originate new client relationships with CEOs, CHROs, boards, and NRC chairs across KSA/GCC.
• Convert discussions into retained search and advisory mandates, including proposal development, pricing, and negotiation.
• Co-lead the delivery of mandates secured, managing client relationships, presenting shortlists, and overseeing the offer stage.
• Build sector or functional practice ownership, such as in logistics, fintech, PIF portfolio, or boards.
• Represent the firm at industry events and on LinkedIn, contributing to brand growth alongside the founder.
• Assist in shaping firm operations, tooling, and processes during scaling.

Compensation Structure

• A modest base salary is provided for a ramp-up period.
• Commission is paid on fee revenue originated by the Associate Partner, upon client collection.
• Clear, written milestones for achieving Partner title and profit share are based on revenue thresholds, not tenure.
• Full transparency on firm economics is provided from the start.

Candidate Profile

This role is suited for individuals with over 10 years of experience who are prepared to build a firm. It requires a proactive approach to business development and a willingness to operate within a compensation model that scales with originated revenue. Candidates seeking a market-rate base salary prior to demonstrating performance may find this role unsuitable.