Saudi Aramco Careers
Business Origination Specialist
Requisition ID: 1175371
Req Number: 16154BR
We are currently seeking a Business Origination Specialist to work under the investment arm of Saudi Aramco in New Business Development’s Origination Department. You will bring insight from various markets, not limited to any sector, to uncover business opportunities that would lead to one of several transaction types including mergers and acquisitions, joint ventures, partnerships, divestitures, or third-party investment projects.
You will conduct internal/external assessments to reveal emerging trends that would impact the Company’s business.
You will have strong analytical ability to convert raw data/information into intelligence to uncover business opportunities at their early stage; this requires the specialist to possess a sufficient level of understanding of different technical/technological subjects covering a wide selection of industries. As an initial deliverable, you will present business ideas with a sufficient level of analysis to a review committee to advance them into business opportunities.
Once opportunities are realized, you will conduct an in-depth assessments to build business cases while working with external parties on a nondisclosure agreement basis, and will present the cases to corporate management. Once the business cases are approved, you will hand over the work to a transaction team to structure the deals, which is not part of the specialist’s scope of work.
A successful candidate will have the following:
A bachelor’s degree in a technical field or in finance with an MBA or a professional certification, such as CFA.
A minimum of 15 years of relevant experience with exposure to various industries. If an MBA or a professional certification is not available, 20 years of relevant experience is required.
A sufficient level of technical/technological comprehension.
Strong analytical ability to convert raw data/information into intelligence.
Experience with using at least one popular subscription-based market intelligence tool.
Good writing skills to produce briefs and reports.
Good presentation skills with experience presenting to corporate management.
Good track record of providing insights into markets that resulted in successful transactions.
Duties & Responsibilities:
You will be required to perform the following:
Generate business ideas and assess their feasibility.
Engage with various internal/external entities to be up-to-date on business trends.
Conduct desktop market research as well as use market intelligence tools.
Develop various financial models and review ones developed by others.
Produce briefs and reports on companies, industries, and sectors.
Present your own market research and business cases to various management levels.
Continuously review and enhance the business origination process with best practices.
Mentor junior employees on the business origination process.
Hold occasional workshops on elements of the business origination process.
Participate briefly in the transaction process at handover of business cases to a transaction team.
Handle ad-hoc requests for business advice and respond with briefs.
Participate in ad-hoc committees and task forces that may or may not relate to the described position.
As an integrated, global petroleum enterprise with operations in Saudi Arabia, Europe, the United States and the Far East, Saudi Aramco is one of the cornerstones of the world’s energy supply. Saudi Aramco has a proud legacy of accomplishment in the oil and gas industry. In recent years, the Company has been creating downstream joint and equity ventures, both in Saudi Arabia and in China, and is exploring additional opportunities in refining and petrochemicals. Projects such as these, combined with Saudi Aramco’s stature – both as a corporation and as a corporate citizen – in the Kingdom and wherever the Company does business, make for a challenging and rewarding work environment for the personnel of the Finance business line.