Business Development Manager

About Rayh

RAʾYḤ | راية partners with Saudi companies to support their growth and innovation by developing new revenue streams. The company focuses on validating opportunities and then rapidly building and launching new ventures, often within 90 days. The founders have collectively generated over SAR 35 billion in enterprise value across Saudi Arabia and international markets. RAʾYḤ offers the opportunity to work closely with experienced builders on impactful projects that contribute to the future of businesses in the region.

Role Overview: Business Development Manager

The Business Development Manager is a full-time, on-site role located in Riyadh, Saudi Arabia. This position is responsible for identifying, evaluating, and developing new business opportunities and strategic partnerships that align with RAʾYḤ’s venture-building model. The role requires 5-10 years of experience.

Key Responsibilities

• Lead business development activities across multiple ventures, identify opportunities, and achieve sales and revenue targets.
• Manage the full sales cycle, including prospecting, client meetings, proposals, negotiations, and closing deals.
• Develop and execute sales strategies tailored to each venture’s target market and business objectives.
• Establish and optimize Standard Operating Procedures (SOPs), sales workflows, and customer journeys for each venture.
• Manage, coach, and develop Business Development Officers (BDOs), ensuring accountability and performance.
• Maintain an accurate CRM pipeline, monitor KPIs, and provide regular sales forecasts and performance reports.
• Build and maintain strong relationships with key clients, partners, and decision-makers.

Experience Requirements

• A minimum of 5 to 10 years of experience in business development or a related field.
• Demonstrated ability to identify and capitalize on new business opportunities.
• Proven track record in managing sales cycles and achieving revenue targets.

Work Environment and Location

This is an on-site position based in Riyadh, Saudi Arabia. The role involves working within a team focused on venture building and innovation for Saudi companies.

Application Process

Qualified candidates are encouraged to apply for this full-time Business Development Manager position.