Sr. Business Development Specialist - Origination (Based in Saudi Arabia)
aramco
This position requires full relocation to Saudi Arabia. It is a permanent, expat position. 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 You will be required to perform the following: 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 As a successful candidate you hold a: 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-years 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. Must have advanced English verbal and written skills. You are willing and able to relocate to Saudi Arabia. #J-18808-Ljbffr aramco
$100k
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