Business Development Lead - Industrial Investment Program (IIP)

Title : Business Development Lead - Industrial Investment Program (IIP)

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.

Overview

We are seeking a Business Development Professional to join the National Champions Department, responsible for the delivery of end-to-end product development, entrepreneurship, and investment opportunities to convert lucrative business ideas into national champions that enable job creation and economic growth.

As a Business Development Professional, you will lead the activities of new business venturing including : screening, planning, development, and execution. This will include the evaluation of new business proposals and the development of moderately complex to complex new business ventures.

Key Responsibilities

• Performs low to medium scope projects with considerable independence, or as part of a team on larger projects.
• Screens complex business proposals using pre-defined filtering criteria, and researches relevant intelligence to back up screening results to estimate effort and resources required for pursuing pre-feasibility / Concept Paper development of qualified proposals.
• Supports pre-feasibility and feasibility studies to establish technical, financial and commercial viability of new ventures and determine resources required for conducting feasibility studies and business planning of approved concepts.
• Establish a business case to further develop complex business ventures and synthesize complex information from feasibility studies that serve as inputs to business plans.
• Formulates economic / financial models for complex business proposals and present results of concept paper and / or business plans to management as directed by the supervisor.
• Evaluates business opportunities including valuation techniques and methodologies, defining scope of due diligence required and coordinating due diligence activities.
• Supports negotiation of agreements based on developed strategy, manage business portfolio, screen potential investors and perform other miscellaneous duties as directed.
• Extends support beyond business analysis and planning and may be involved in the structuring and negotiation of deals to achieve final deal closure.
• Directs the work of lower classified employees as well as qualified experienced professionals as may be required in some situations.

Minimum Requirements

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. 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.

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