OVERVIEW
Position
Manager, Deal Diligence & Risk Management
Job Code
Reports to
Director, Group Strategy & Business Development
Direct Reports
2024: no
Division/Section
Manufacturing & Innovation
Department
Group Strategy & Business Development
Sector
Oxagon region and Manufacturing Sector
Job Family
Department overview
Oxagon, a region of NEOM, is set to be the leading zone for the development of advanced and clean industries, built on renewable energy. It will comprise one of the world’s most efficient and sustainable automated ports, fully integrated with the supply chain and logistics for the whole of NEOM. It will be home to a Research and Innovation district, with the purpose of accelerating labs to market. All of this will be underpinned by exceptional livability – building urban communities that provide quality of life for residents and visitors alike. Oxagon will contribute to NEOM’s and Saudi Arabia’s vision to diversify the economy towards a knowledge-based economy (see www.NEOM.com). NEOM’s Manufacturing Sector (part of the Oxagon Company) focuses on developing 7 prioritized manufacturing clusters: Autonomous & Sustainable Mobility, Modern Construction, Technology & Digital, Renewable Energy, Water Innovation, Health, Well-being & Biotech and Sustainable Food Production.
The Group Strategy & Business Development function is instrumental for the success of Oxagon. The function has a wide array of responsibilities and has been structured around 5 key teams with clear roles and responsibilities:
- Strategy & Analytics – sets the strategy for Manufacturing and Innovation across NEOM and manages and optimizes the business plan. The team also has the lead on market intelligence and are responsible to provide insights to the wider organization to ensure data-driven decision making
- Business Development - Continuously paves the way for the SME Tenant Attraction team by providing direction, insights and tools, while also managing all Strategic Accounts (complex and/or bigger deals), NEOM Sector relationships and Lease Management. The team is constantly looking for new business opportunities and is established to provide incoming manufacturing & innovation investors with exceptional commercial support
- Industrial Development & Economic Policy - Drives the development and implementation of the industrial masterplan and a wide array of enablers (e.g., infrastructure and utility requirements, manufacturing regulations and policies, industrial workforce development and localization levers) to ensure that Oxagon is set up for success
- ESG - Sets the ambition level and drives the implementation of a best-in-class ESG policy for manufacturing and innovation activities. Also has the lead on ESG/Sustainability reporting and supports incoming tenants complying with NEOM requirements
- Deal Diligence & Risk Management – owns the Oxagon Incentive Program, deal governance and Risk Management Framework. Has the responsibility to assess potential manufacturing & innovation tenants to ensure that only the best companies are contracted and that the ideal incentive packages are being offered
Role Overview
The “Manager, Deal Diligence & Risk Management” will be responsible for Oxagon’s Incentive Program and overall deals’ diligence and governance. The Manager will be responsible for driving projects/activities, including but not limited to:
- Oversee the Manufacturing & Innovation Investor journey and relevant processes and governance
- Oversee comprehensive due diligence processes to ensure tenant selection aligns with established criteria and strategic goals
- Manage the Manufacturing and Innovation Financial Incentive Programs to drive growth and innovation
- Lead the structuring, negotiation, and optimization of Financial Incentive Packages, ensuring they align with organizational objectives
- Ensure ongoing oversight and management of committed incentive packages, maintaining alignment with strategic outcomes
- Own the Risk Assessment Programs, including the implementation of robust risk mitigation strategies throughout the project lifecycle
KEY ACCOUNTABILITIES & ACTIVITIES
Functional Strategy & Leadership
- Ensure the implementation of the function’s approved policies, procedures and processes
- Help review the operating model of the function to optimize operational effectiveness
- Provide expertise to development programs and industrial projects
- Implement a rigorous process that guarantees only top-tier companies are contracted, with optimal incentive packages tailored to meet mutual strategic objectives
People Management
