Business Origination Specialist – Relocate to Saudi Arabia, Permanent Expat Family Relocation Package
Please note that this role is based in Saudi Arabia on a permanent, residential basis.
Description:
Aramco energizes the world economy. Aramco occupies a unique position in the global energy industry. We are the world\’s largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
Overview
We are seeking a Business Origination Specialist to join Origination & Portfolio Optimization Department.
The Origination and Portfolio Optimization Department, part of Aramco’s New Business Development (NBD) organization, plays a strategic role in shaping the company’s long‑term strategy. It leads efforts in identifying and advancing opportunities that align with Aramco’s strategic direction. Key responsibilities include sourcing and evaluating new business opportunities including joint ventures, and mergers & acquisitions (M&A)—both buy‑side and sell‑side.
As a Business Origination Specialist, you will be responsible for bringing insights into various markets, not limited to any sector, to uncover business opportunities that would lead primarily to transactions such as acquisitions, divestments, and joint ventures with a global reach.
Key Responsibilities
- Generate new business ideas and assess their feasibility.
- Articulate rationale for pursuing the identified opportunities incorporating factors such as: alignment with business strategy, market trends, business & commercial impact and mitigation of risk.
- Engage with internal and external entities to be knowledgeable of current or emerging business trends.
- Lead and conduct desktop market research.
- Develop business plans & financial models and review financial models prepared by others.
- Produce thought leadership reports describing the strategies, financial and operating performance of companies, industries, and sectors.
- Manage cross‑functional teams to develop business plans for new business opportunities.
- Continuously review and enhance business origination process with best practices.
- Mentor and coach junior staff members regarding skill development and the business origination process.
- Track record of originating transactions that resulting in successful deals.
Qualifications
- Bachelor degree in Engineering, Business Administration, Finance, Economics, Accounting, Banking or related discipline from an accredited university. Advanced degree is a plus.
- Professional certifications such as: Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), or Project Management Professional (PMP) certification is a plus.
- Minimum of 10 years of experience including, but not limited to, oil and gas and the broader energy industry, technology, professional services, real estate and infrastructure. If an MBA or a professional certification is not available, 15‑year’s relevant experience is required.
- Industry expertise or knowledge of conducting commercial & economic feasibility studies is required.
- Knowledge of venturing activities like commercialization, spin‑offs or joint venturing, project development.
- Strong financial background including: experience of financial valuations and modeling.
- Experience with developing deal strategy and market positioning.
- Strong analytical ability to synthesize data obtained from various sources into meaningful insight.
- Experience with market intelligence platforms, analytics and reports.
Working environment
Our high‑performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.
At Aramco, our people work on truly world‑scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector‑specific knowledge and competencies through our workforce development programs – one of the largest in the world.
Seniority level
Mid‑Senior level
Employment type
Full‑time
Job function
Business Development and General Business
Industries
Oil and Gas
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Contact Detail:
Aramco Recruiting Team