Business Development Specialist

Job Title: Business Development Specialist

The Oyu Tolgoi Catalyst Fund for Khanbogd Development (OTCF) was established to develop and catalyze investment in the Khanbogd Soum. Oyu Tolgoi LLC (OT) will contribute US$50 million over the period of 5 years to implement elements of the Khanbogd Soum Center ‘Master Plan’, a comprehensive community development plan made in collaboration with Umnugobi government, Khanbogd Soum government, OT and Ministry of Construction and Urban Development (MCUD) of Mongolia.

The OTCF is a registered and independent non-profit legal entity. Its purpose is to support and facilitate the development of Khanbogd Soum center to evolve into a sustainable town with a safe and family-oriented atmosphere and improve the wellbeing and quality of life of the local community.

The opportunity

We are seeking a (1) Business Development Specialist will play a crucial role in driving sustainable economic growth and development in the Khanbogd Soum. Primary responsibility will be to identify opportunities, implement strategies, and collaborate with various stakeholders to promote economically prosperous Khanbogd. This role will require to work closely with local communities, OT LLC, private sector, government bodies, NGOs, and international partners to foster economic diversification, create employment opportunities, and enhance the overall economic well-being.

Primary Duties and Responsibilities

The Business Development Specialist is responsible for the following tasks, but not limited to:

• Conduct comprehensive research and analysis, manage internal database of the Khanbogd Soum’s economic landscape, emphasizing sectors relevant to mining and other diversification options
• Cultivate strong relationships and strategic partnerships with local businesses, private sector, government agencies, community organizations, and international development organizations
• Organize meetings, workshops, and forums to gather input and feedback from stakeholders, ensuring their active participation in economic development initiatives
• Coordinate with relevant agencies to attract domestic and foreign investments, support local entrepreneurship, and promote business development in the Khanbogd Soum
• Oversee the implementation of economic development projects, including infrastructure development, community development programs, vocational training initiatives, and other OTCF projects
• Monitor and evaluate the progress of projects, ensuring they are delivered on time, within budget, and aligned with the fund’s commitments
• Identify potential risks and challenges and develop mitigation strategies to address them effectively
• Identify, research, and develop future business development opportunities for Khanbogd Soum
• Collect, analyze, and interpret economic data, market trends, and relevant indicators to inform decision-making and measure the impact of economic development efforts
• Prepare, presentations, letters, prospect proposals, briefings, detailed analytical documents, management reports and project status report for key stakeholders, providing updates on the region’s economic progress, challenges, and opportunities
• Stay up to date with regional, national, and international economic policies, regulations, and best practices

Requirements

• Undergraduate or equivalent or higher education obtained through degrees or diplomas from academic college or universities
• At least 5 years of relevant experience, or otherwise the significant practical experience and on the job training

Knowledge, skills and abilities

• Strong interpersonal , analytical and problem-solving skills
• Ability to work independently and as part of a team
• Ability to work with all levels of management and staff
• Good computer skills including proficiency in the use of Microsoft Office suite
• Excellent written and verbal communication skills both in English and Mongolian

All interested candidates should submit the following documents before 05:30 PM on April 05, 2023:

Please Send your documents to info@otcf.mn email.

Please attach the following documents:

• CV (in English and Mongolian)
• Cover Letter (in English and Mongolian)