Business Development Specialist

4 weeks ago

London, United Kingdom Aramco Full time

Please note that this role is based in Saudi Arabia on a permanent, residential basis.

 

Job Req ID: 12296

Description:

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.

 

Job Overview

We are seeking a Business Development Specialist to join the Manufacturing, Technology & Operations Services Transactions Dept.

 

The Manufacturing, Technology & Operations Services Transactions Dept. Department is responsible for executing joint ventures originated by Origination & Portfolio Optimization Department or different business lines of the company and approved by Saudi Aramco’s corporate management.

 

The Business Development Specialist’s primary role is screening, planning, analyzing, developing a new business venture and executing mergers and acquisitions (M&A), joint ventures and divestments at Saudi Aramco.

 

The Business Development Specialist will evaluate transaction proposals and actively manage the execution of such projects. The Business Development Specialist will be actively involved in valuation, due diligence, negotiations and structuring of transactions leading to final deal signing and closing.

 

Duties & Responsibilities

Conduct detailed due diligence on different aspects of target companies (with support from relevant organizations in the company).
Perform valuation of target companies based on different methods (with support from other organizations in the company) and evaluate the business plan of the targets.
Independently handles business proposals, draft the Non-Binding Offer (NBO), develop a negotiation strategy and commercial terms for the transaction and reflect as such in the term sheet. Negotiate and develop definitive agreements (with the help of law department and other relevant organizations in the company).
validation activities to progress proposals through stage gates, prioritize business proposals against investment criteria and NBD portfolio strategy.
Manage all aspects of transaction execution including management of the overall project such as selecting, onboarding and working with advisors.
Manage the overall stakeholder management including working with internal organizations, consultants and potential partner(s).
Assembles initial offerings to potential investors, Lead investor selection activities, and Coordinates with Saudi Aramco subject matter experts to draft Memorandums of Understanding/Letter of Intent.
Provides administrative direction in the development and review of legal documents which include head of terms, MoU, Cost sharing agreements, and shareholder agreements and manage business portfolio.
Ensures compliance to process stage gates and approvals, approves contract payments and variations within limit, provides administrative direction and personnel management to all assigned Business Development Analysts and performs other miscellaneous duties as directed.
Support law department in anti-trust clearance activities and internal proponent organizations in the post-acquisition integration activities, and Perform other miscellaneous duties as directed.

 

Minimum Requirements

A successful candidate will preferably hold a Bachelor’s degree in Accounting, Economics, Business, Finance from a recognized and approved international program. An MBA and/or an equivalent qualification will be a plus, although not a requirement.

 

An ideal candidate will have at least (10-15) years of experience in business development which should include at least five (5) years of experience in joint ventures transaction execution.

Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), or Project Management Professional (PMP) certification are advantageous.

Work experience – candidates from these sources would be the primary target

IOCs/NOCs, corporates.
International consulting firms, accounting firms and investment banks.
Private equity firms.

 

The ideal candidate is expected to have a strong joint venture development background, and should have demonstrated in previous roles, extensive experience in financial valuation and modeling, due diligence, commercial negotiations and transaction structuring etc. Adequate understanding of financial analysis of companies and valuation methodologies; commercial principals of a transaction; different types of transactions.

 

Industry expertise of knowledge of specific venturing activities such as commercialization, spin-offs or joint venturing, project development, financial valuations and modeling, facilities planning, strategy development or relevant experience.

 

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.

Country/Region: SA

  • Business Developer Specialist

    2 weeks ago

    London, United Kingdom Mason Blake Full time

    Our client is a specialist fund of hedge fund manager managing approximately $5 billion worth of assets. Due to continued success, they are now seeking a Business Development Specialist to join their dedicated team on a permanent basis. Reporting directly to the Head of Business Development, the Business Development Specialist will take on the...

  • Business Developer Specialist

    6 days ago

    London, United Kingdom Mason Blake Full time

    Our client is a specialist fund of hedge fund manager managing approximately $5 billion worth of assets. Due to continued success, they are now seeking a Business Development Specialist to join their dedicated team on a permanent basis. Reporting directly to the Head of Business Development, the Business Development Specialist will take on the...

  • Business Developer Specialist

    15 hours ago

    London, United Kingdom Mason Blake Full time

    Our client is a specialist fund of hedge fund manager managing approximately $5 billion worth of assets. Due to continued success, they are now seeking a Business Development Specialist to join their dedicated team on a permanent basis. Reporting directly to the Head of Business Development, the Business Development Specialist will take on the...

  • Business Developer Specialist

    6 days ago

    London, United Kingdom MadiganGill Full time

    MadiganGill, established in 2009, is a construction and facilities management company based in the London Area, United Kingdom. With expertise in construction, site resourcing, logistics, security cleaning, and FM solutions, MadiganGill provides a professional and personable service of the highest quality. This is a full-time hybrid role for a Business...

  • Business Developer Specialist

    6 days ago

    London, United Kingdom MadiganGill Full time

    MadiganGill, established in 2009, is a construction and facilities management company based in the London Area, United Kingdom. With expertise in construction, site resourcing, logistics, security cleaning, and FM solutions, MadiganGill provides a professional and personable service of the highest quality. This is a full-time hybrid role for a Business...

  • Business Incubation and Operations Specialist

    23 hours ago

    London, United Kingdom Business Sweden Full time

    **The Business Sweden UK team is located in London and is made up of 13 employees. We are currently looking for a BI&O Specialist (part-time) to join our team!** Our Business Incubation & Operations service is a toolbox of administrative services that facilitate Swedish companies’ establishment in a new market. We see a growing demand in the UK for our...

  • Business Developer Specialist

    2 months ago

    London, United Kingdom White & Case LLP Full time

    Job Description - Business Development Specialist, Infrastructure and Energy (24000089) Business Development Specialist, Infrastructure and Energy Firm Summary White & Case is an elite global law firm serving leading companies, financial institutions and governments worldwide. Our long history as an international firm means we are perfectly placed to...

  • Business Development Specialist

    2 weeks ago

    London, United Kingdom Mason Blake Full time

    Our client is a specialist fund of hedge fund manager managing approximately $5 billion worth of assets. Due to continued success, they are now seeking a Business Development Specialist to join their dedicated team on a permanent basis. Reporting directly to the Head of Business Development, the Business Development Specialist will take on the...

  • Business Development Specialist

    6 days ago

    London, United Kingdom Mason Blake Full time

    Our client is a specialist fund of hedge fund manager managing approximately $5 billion worth of assets. Due to continued success, they are now seeking a Business Development Specialist to join their dedicated team on a permanent basis. Reporting directly to the Head of Business Development, the Business Development Specialist will take on the...

  • Business Development Specialist

    2 days ago

    London, United Kingdom Mason Blake Full time

    Our client is a specialist fund of hedge fund manager managing approximately $5 billion worth of assets. Due to continued success, they are now seeking a Business Development Specialist to join their dedicated team on a permanent basis. Reporting directly to the Head of Business Development, the Business Development Specialist will take on the...

  • Business Development Specialist

    18 hours ago

    London, United Kingdom Mason Blake Full time

    Our client is a specialist fund of hedge fund manager managing approximately $5 billion worth of assets. Due to continued success, they are now seeking a Business Development Specialist to join their dedicated team on a permanent basis. Reporting directly to the Head of Business Development, the Business Development Specialist will take on the...

  • Business Development Specialist

    2 days ago

    London, United Kingdom Mason Blake Full time

    Our client is a specialist fund of hedge fund manager managing approximately $5 billion worth of assets. Due to continued success, they are now seeking a Business Development Specialist to join their dedicated team on a permanent basis. Reporting directly to the Head of Business Development, the Business Development Specialist will take on the...

  • Business Development Specialist

    6 days ago

    London, United Kingdom MadiganGill Full time

    Company Description MadiganGill, established in 2009, is a construction and facilities management company based in the London Area, United Kingdom. With expertise in construction, site resourcing, logistics, security cleaning, and FM solutions, MadiganGill provides a professional and personable service of the highest quality. As a family-owned company...

  • Business Development Specialist

    6 days ago

    London, United Kingdom MadiganGill Full time

    Company Description MadiganGill, established in 2009, is a construction and facilities management company based in the London Area, United Kingdom. With expertise in construction, site resourcing, logistics, security cleaning, and FM solutions, MadiganGill provides a professional and personable service of the highest quality. As a family-owned company...

  • Business Developer Specialist

    2 months ago

    London, United Kingdom Hubstaff Full time

    Business Development Specialist full time FutureSight HQ: London, London, United Kingdom Remote job Apr 3 We are seeking an ambitious and talented young professional to join our team as a Business Development Specialist in the digital industry. As a key member of our team, you will play a pivotal role in driving our company's growth and success by...

  • Business Developer Specialist

    2 days ago

    London, United Kingdom Hubstaff Full time

    Business Development Specialist full time FutureSight HQ: London, London, United Kingdom Remote job Apr 3 We are seeking an ambitious and talented young professional to join our team as a Business Development Specialist in the digital industry. As a key member of our team, you will play a pivotal role in driving our company's growth and success by...

  • Business Developer Specialist

    6 days ago

    London, United Kingdom Hubstaff Full time

    Business Development Specialist full time FutureSight HQ: London, London, United Kingdom Remote job Apr 3 We are seeking an ambitious and talented young professional to join our team as a Business Development Specialist in the digital industry. As a key member of our team, you will play a pivotal role in driving our company's growth and success by...

  • Business Developer Specialist

    6 days ago

    London, United Kingdom Academiaone Full time

    Full-time/Part-time/Internship | Business Development | London, United Kingdom (Hybrid) | As a business development specialist, you'll need to: Research and identify new business opportunities - including new markets, growth areas, trends, customers, partnerships, products and services - or new ways of reaching existing markets. Meet with...

  • Business Developer Specialist

    5 days ago

    London, United Kingdom Academiaone Full time

    Full-time/Part-time/Internship | Business Development | London, United Kingdom (Hybrid) | As a business development specialist, you'll need to: Research and identify new business opportunities - including new markets, growth areas, trends, customers, partnerships, products and services - or new ways of reaching existing markets. Meet with...

  • Business Developer Specialist

    18 hours ago

    London, United Kingdom Academiaone Full time

    Full-time/Part-time/Internship | Business Development | London, United Kingdom (Hybrid) | As a business development specialist, you'll need to: Research and identify new business opportunities - including new markets, growth areas, trends, customers, partnerships, products and services - or new ways of reaching existing markets. Meet with...