Home Saudi Arabia Business Development Specialist

Home Saudi Arabia Business Development Specialist

Business Development Specialist

Full time at Saudi Aramco (ASC) in Saudi Arabia
Posted on March 6, 2024

Job details

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.OverviewWe are seeking an experienced Business Development Specialist to join the Industrial Investment Programs organization. The Industrial Investment Programs team is responsible for the development of detailed investment proposals, evaluating investment opportunities, economics analysis, interact with internal and external consultants, potential partners and stakeholders, lead deal teams and negotiate heads of terms and definitive agreements to close investment deals. The Business Development Specialist primary role is to develop and/or analyze economics and review financial analysis for investment decisions.Duties & Responsibilities

  • Originate, source and screen new investment ideas, proposals, and opportunities.
  • Source and attract interested investors from local and international markets including public and private sectors.
  • Review market opportunities, market economics, investment feasibility.
  • Analyze and evaluate economic feasibility of investments in different sectors.
  • Develop value proposition and establish the business case for new investment opportunities.
  • Evaluate Strategic and comparative positioning and identify Risks & Constraints.
  • Review the strategic fit to the company and validate assumptions and data accuracy.
  • Develop the investments scope, deliverables and milestones.
  • Review and validate valuation techniques and evaluate various forms of partnerships and equity structures including joint venture and other forms of partnerships.
  • Develop, assess and evaluate different investment scenarios and their impact on the feasibility of investment opportunities.
  • Review and analyze partner's financial fit.
  • Engage and lead negotiations of heads of terms with potential partners.
  • Develop, review and negotiate financing strategies and packages for different investments.
  • Advise, council and coach colleagues and junior members of the team in all aspects related to deal making.
Minimum Requirements
  • Bachelor's degree in Finance, Business; advanced degree in business administration (MBA) is highly desirable.
  • Professional certification in finance such as CFA are highly desirable.
  • 10 years of experience in finance or business fields, including at least 3 in investment reviews, investment banking, financial institution or business development (on the deal making side). Preference is if the practice area is in the sectors of sustainability, Digital, industrials, Manufacturing or Social. A proficiency in financial modeling is desired.
  • Strong written and oral communication skills and ability to communicate complex technical and commercial concepts in a clear and succinct matter
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.

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