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Principal, Business Development

American Water Works

Rosemead, CA
Full Time
Senior
99k-165k
18 days ago

Job Description

About the Role

The Principal, Business Development at American Water is responsible for developing new business opportunities, engaging with municipal and private water and wastewater systems to pursue acquisitions, and supporting the growth of the company's water utility services. This role involves building relationships with municipal officials and industry stakeholders, managing the end-to-end business development cycle, and contributing to strategic planning and market awareness efforts within California American Water.

Key Responsibilities

  • Assist in building the business development pipeline and identifying acquisition opportunities in line with the business plan.
  • Identify, qualify, and prioritize leads through the use of appropriate tools, local market data, and active targeted prospecting.
  • Prepare informational material and communication drafts, supporting the external affairs manager in developing marketing materials for business development.
  • Update the business development plan and assess risks to secure sustainable business growth.
  • Manage the end-to-end business development cycle, coordinate and sometimes lead a multifunctional deal team for acquisition proposals and presentations.
  • Lead development and bid strategy; assist with deal structuring, finance, and credit assessment of opportunities, and champion projects through internal and external processes.
  • Assist with asset valuation studies, financial analysis, and operational viability assessments of targeted opportunities.
  • Create market awareness and develop relationships with key industry stakeholders, including government leaders and regulators, through participation in public meetings, tradeshows, and conferences.
  • Evaluate regulatory changes and other relevant factors to identify new business opportunities.

Requirements

  • Bachelor's degree in Business, Finance, Marketing, Engineering, or Science.
  • 12+ years of work experience, including 6 to 8 years in business development, with significant experience working with municipal officials.
  • Experience preferably within the water/wastewater utility sector.
  • Strong financial and commercial acumen.
  • Knowledge of legal aspects of the regulatory environment.
  • Understanding of municipal government processes, including budgeting, procurement, and political dynamics.
  • Strong oral and written communication skills, including presentation and report writing.
  • Highly developed interpersonal skills such as relationship building, persuasion, negotiation, and diplomacy.
  • Proficiency with Customer Relationship Management platforms (e.g., Salesforce) or ability to learn quickly.
  • Ability to adapt to professional environments, deal with ambiguity, take initiative, and achieve results.
  • Experience managing travel, expense reporting, and consultant contracts in compliance with company policies.
  • Proficiency in Microsoft Office Suite (Word, PowerPoint, Excel).

Nice to Have

  • Strong knowledge of the water industry.
  • Experience with asset valuation studies and financial analysis.
  • Experience working with municipal officials and understanding of municipal processes.

Qualifications

  • Bachelor's degree in a relevant field.

Benefits & Perks

  • Competitive salary range of $98,800 - $165,100 with potential annual incentive pay and salary growth opportunities.
  • Comprehensive benefits including 401(k), Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental, and vision coverage.
  • Disability, paid time off, life insurance, voluntary benefits, health and wellness programs.
  • Opportunities for professional growth and learning experiences.

Working at American Water Works

American Water emphasizes diversity, inclusion, and equity, believing that having diverse ideas, viewpoints, experiences, and backgrounds makes the company more successful. The company values safety, customer obsession, innovation, nimble learning, results-driven work, and collaboration, fostering a supportive and inclusive work environment.

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Job Details

Posted AtJul 9, 2025
Salary99k-165k
Job TypeFull Time
Work ModeRemote
ExperienceSenior

Job Skills

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About American Water Works

Website

amwater.com

Location

Rosemead, CA

Industry

Water Supply and Irrigation Systems

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