Business Development Manager

Job in Riyadh, Riyadh Region, Saudi Arabia

Listing for: ProgressSoft

Full Time position
Listed on 2026-01-10

Job specializations:

Business
Business Development
Sales
Business Development, Sales Manager

Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR

We are looking to hire a Business Development Manager (BDM) with 5-10 years’ experience in sales of banking and payment solutions. The BDM must have worked with all renowned banks in Saudi Arabia and will be responsible for the sales cycle from cold calls to signing contracts to recurring maintenance. BDM will perform market analysis and will develop the relationships with the management and senior staff in the banking and Financial Service Industry.

Responsibilities

Achieve and enhance sales targets established by Progress Soft.

Prepare and execute a sales plan for Saudi Arabia's market which meets Progress Soft’s Strategy and Business plan.

Manage the whole sales cycle, coordinating with Product Owners, Project Managers and Technical Team Leaders.

Work with related Progress Soft team to ensure proper engagement with customers and understanding their requirements.

Cooperate with the Bidding Team to deliver documents and proposals which detail the Business Requirement and Progress Soft competence.

Negotiate proposals and contracts of solutions and recurring maintenance.

Excessive use of Progress Soft’s CRM to build and update client profiles.

Analyze and prepare comparison sheets between Progress Soft and competitive products.

Identify new markets and opportunities.

Develop strong distribution channels with renowned global, regional and local firms.

Requirements

Proven track record of sales in Saudi Arabia, in the banking and financial sector.

Ability to deal with all levels of staff within an organization.

Strong negotiation skills with decision makers.

Excellent command of the English language.

Very good communication, presentation and interpersonal skills.

Very good understanding of banking and payments systems.

Organized, focused, ambitious and independent.

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