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Sr. Business Development Executive

1.00 to 10.00 Years   Kuwait   13 Jan, 2023
Job LocationKuwait
EducationNot Mentioned
SalaryNot Mentioned
IndustryInvestment, Securities & Funds
Functional AreaNot Mentioned

Job Description

Purpose of Position:The Senior Business Development Executive main purpose is to lead and oversee the development and growth of profitable new business, increasing client base, develop and maintain effective key customer relationships as well as ensure business growth through directing and managing business development activities.Tasks, Duties and Responsibilities (TDR):

  • Research and identify new business opportunities with both new and existing clients - including new markets, growth areas, trends, customers, partnerships, products and services - or new ways of reaching existing markets
  • Maximize the value to KRH of all business development and commercial opportunities. while managing sales targets and developing key market entries
  • Develop new business prospect listing to ensure that future new business development is planned in advance
  • Spearhead full cycle sales operations (initial lead identification, bid/no-bids assessments, tendering, negotiation, risk review, contract closure.
  • Responsible for the management and handling of the RFQ response documents coming to the company
  • Track Status with in depth details of current, pending and new projects across the industry.
  • Formulate competitor analysis, company value and ensuring KRH is qualified and included to conduct win/pursuit plans
  • Guide Operations on commercial, proposals, projects, tenders, and meeting target backlog.
  • Increase development activities by building partnerships with leading international and local providers
  • Coordinate tender requirements; develop quotes; write commercial proposals; develop contracts and transiting contract requirements into business operations
  • Generate and distribute specific reports as required in alignment with the position
  • Focus on winning and keeping profitable business
  • Planning and oversee new and existing marketing initiatives
  • Collaborate with other departments to effectively and rapidly resolve problems
  • Undertake sales presentations to customers and business communities to present the company products and services
  • Establish trust with all internal and external stakeholders and maintain excellent communication on all levels.
  • Prepare and deliver pitches to potential investors
  • Act as the face of company for contract negotiations, strategic business decisions, day-to-day decision making.

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