Summary
moomoo is hiring a Partnership Business Development Manager based in Riyadh to grow its presence in Saudi Arabia’s financial services market. The role involves sourcing and closing business opportunities, building partnerships with financial institutions and other stakeholders, and monitoring market and regulatory developments. Candidates should have at least 5 years of relevant experience, a track record of meeting revenue targets, knowledge of the Saudi regulatory framework, and fluency in Arabic and English. The posting offers a competitive salary with performance-based incentives and requires eligibility to work in KSA; candidates may be based in or willing to relocate to Riyadh.
The posting
As published on moomoo.com. Pulled from the employer's site and shown as they wrote it.
About the Role
We are seeking an ambitious and results-driven Business Development Manager to lead our growth efforts in the Kingdom of Saudi Arabia. Based in Riyadh, you will play a pivotal role in expanding our market presence, building strategic partnerships, and driving revenue across the financial services sector. This is a high-impact position for a self-starter who understands the KSA financial landscape and thrives in a fast-paced, entrepreneurial environment.
Key Responsibilities
- Market Development: Identify, evaluate, and pursue new business opportunities across the KSA financial services market, aligned with Vision 2030 growth priorities.
- Client Acquisition: Build and manage a robust pipeline of prospective clients and partners, owning the full sales cycle from lead generation to deal closure.
- Stakeholder Management: Develop and maintain strong, trust-based relationships with key stakeholders, including banks, financial institutions, regulators, and enterprise clients.
- Strategic Partnerships: Negotiate and structure commercial agreements with partners, influencers/KOL, marketing affiliations, joint ventures, and strategic alliances that accelerate market entry and revenue growth.
- Market Intelligence: Monitor market trends, competitor activity, and the regulatory environment (SAMA, CMA) to inform strategy and identify emerging opportunities.
- Cross-Functional Collaboration: Work closely with product, marketing, legal, and compliance teams to deliver tailored solutions that meet client and regulatory requirements.
- Reporting: Track, forecast, and report on business development performance against defined KPIs and revenue targets.
What We Offer
- Competitive salary with performance-based incentives.
- The opportunity to shape and lead growth in one of the world's most dynamic financial markets.
- A collaborative, high-growth environment with clear career progression.
Requirements
- Bachelor's degree in Business, Finance, Economics, or a related field.
- 5+ years of business development, sales, or relationship management experience within the financial services industry (Securities, Prime Brokerage, Fintech, Payments, Asset Management, or Capital Markets).
- Proven track record of meeting or exceeding revenue targets and closing complex, high-value deals.
- Strong existing network within the KSA financial sector is highly preferred.
- Solid understanding of the Saudi regulatory framework (SAMA, CMA) and market dynamics.
- Excellent negotiation, communication, and stakeholder management skills.
- Fluency in Arabic and English.
- Based in or willing to relocate to Riyadh; eligibility to work in KSA.
*Only the shortlisted candidates will be contacted.