Business Development Specialist

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 Specialist to join our Downstream Transaction Development Department.

Downstream Growth and Development (DG&D) implements the Company’s downstream growth strategy through the development of profitable investment opportunities, mergers & acquisitions (M&A) and joint venture partnerships in the areas of integrated refining and petrochemicals, marketing, retail, lubricants and other areas of the downstream business.

Downstream Transaction Development Department (DTDD) executes approved transactions within the downstream business by managing a comprehensive due diligence process, identifying synergies, mitigating risks, deal structuring and conducting negotiations.

You will lead the execution of complex and high-value transactions, including overseeing the initiation of due diligence, different valuation methodologies, structure and strategic negotiation of deals.

Key Responsibilities

As the successful candidate you will be required to perform the following :

• Prepare for and conduct negotiations to secure a deal that is consistent with Saudi Aramco's offer, investor expectations and set parameters.
• Coordinate efforts across internal teams and external advisors to ensure alignment with the strategic intent of the transaction.
• Provide detailed updates and insights to management, focusing on project impact and alignment with strategic objectives.
• Identify and mitigate risks throughout the transaction lifecycle.
• Ensure smooth integration post-transaction closure.
• Lead efforts to formulate resource and funding plans to transform business proposals from concept to a closed deal.
• Participate in creating the commercial, financial and technical framework for the deal.
• Lead evaluation of business opportunities including valuation techniques and methodologies.
• Define the scope of due diligence required and coordinate due diligence activities; present results of valuation and due diligence activities and lead the development of commercial agreements.
• Mentor and guide young team members, fostering their growth and high-quality deliverables.

Minimum Requirements

As the successful candidate you must hold a Bachelor’s degree in Engineering (Chemical preferred, or other disciplines), Business, Finance or Economics from a recognized and approved program. An MBA or a relevant advanced degree is strongly preferred.

You must have :

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.

#J-18808-Ljbffr