Business development Executive - Saudi National

About Paymob

Paymob stands at the forefront of the FinTech revolution in the MENA region, pioneering secure, innovative, and scalable payment solutions that empower businesses to thrive. With a mission to simplify transactions for everyone, we have established ourselves as a trusted partner for millions of transactions across some of the region’s most prominent enterprises. Our dynamic team of professionals spans Egypt, Saudi Arabia, the UAE, and Oman, united by a shared commitment to excellence and a values-driven culture that prioritizes continuous learning, empowerment, and global collaboration. Together, we create meaningful impact that drives progress in the financial ecosystem.

Job Purpose

We are seeking a highly motivated and results-oriented Business Development Executive to join our expanding team in Riyadh, Saudi Arabia. In this pivotal role, you will play a key part in driving revenue growth and strengthening Paymob’s market presence by acquiring new merchants, managing existing accounts, and forging strategic partnerships. This position offers a unique opportunity to contribute to the organization’s success in a fast-paced and competitive environment, where your efforts will directly influence our expansion and market leadership in the Kingdom.

Key Responsibilities

• Strategic Acquisition: Develop and implement innovative acquisition strategies to identify and onboard new merchants, ensuring alignment with Paymob’s growth objectives and market demands.
• Pipeline Management: Utilize advanced lead generation tools to build and maintain a robust sales pipeline, converting leads into viable sales opportunities while managing the entire sales cycle from initial contact to closure.
• Market Expansion: Deepen Paymob’s footprint in the Saudi market by conducting thorough market research to understand local business needs, competitive landscape, and emerging opportunities.
• Cross-Functional Collaboration: Work closely with internal teams, including marketing, product, and customer success, to align strategies, enhance client satisfaction, and deliver seamless solutions tailored to merchant requirements.
• Market Insights & Growth: Analyze industry trends, market dynamics, and customer feedback to refine acquisition strategies and identify new avenues for revenue generation and partnership development.
• Client Relationship Management: Cultivate and maintain strong relationships with existing and prospective merchants, ensuring high levels of satisfaction and retention through proactive engagement and support.

Requirements

• Education & Experience: Bachelor’s degree in Business Administration, Marketing, Finance, or a related field. Minimum of one year of hands-on experience in business development, sales, or account management within the Saudi market.
• Industry Knowledge: Proven experience working with merchants, partnerships, or within sectors such as retail, fintech, or e-commerce, with a strong understanding of payment solutions and financial services.
• Skills & Competencies:
  • Fluency in English; proficiency in Arabic is a plus.
  • Exceptional lead generation, negotiation, and communication skills, with the ability to articulate value propositions clearly and persuasively.
  • Strong analytical mindset with the ability to interpret market data and translate insights into actionable strategies.
  • Proactive problem-solving and decision-making abilities, with a results-driven approach to achieving targets.
  • Proficiency in Microsoft Office Suite and CRM tools to streamline sales processes and track performance.
• Personal Attributes: Self-motivated, resilient, and capable of working independently while collaborating effectively within a team. A passion for driving growth and a commitment to continuous improvement are essential.

Benefits

Join Paymob and enjoy a comprehensive package designed to support your professional and personal growth. We offer:

• Competitive Compensation: A market-leading salary complemented by performance-driven incentive programs to reward your contributions and achievements.
• Flexible Work Model: A hybrid work environment that balances in-office collaboration with remote productivity, fostering both teamwork and individual flexibility.
• Career Development: Access to continuous career coaching, mentorship, and training programs to help you advance your skills and achieve long-term career goals.
• Global Collaboration: The opportunity to work with a diverse, international team, embracing diverse perspectives and shared successes that drive innovation and growth.