Company: Saudi Aramco (ASC)
Skills: Business Development
Experience: 9 + Years
Education: Masters Degree
Location: Saudi Arabia
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.
We are seeking a Business Development Analyst to join the Origination Department.
The Origination Department is responsible for identifying and developing new business opportunities including acquisitions, joint venture development, divestures and commercial opportunities. You will focus to selectively grow profitable new businesses and evaluate the opportunities that will further enhance the value of Saudi Aramco's operations as well as contribute to the domestic ecosystem.
As the successful candidate you will hold a Bachelors degree in Business Administration, Finance, Economics, Accounting, or Banking from a recognized and approved program. An advanced degree is preferred.
You will have a minimum of nine years relevant experience in Business Development or the equivalent with IOC/NOC, Corporates, and International Consulting Firms.
You will have strong industry expertise or knowledge of conducting techno-economic feasibility studies.
Knowledge of venturing activities like commercialization, spin-offs or joint venturing, project development.
Strong finance background including experience of financial valuations and modeling.
Background in facilities planning, strategy development or relevant experience.
Duties and responsibilities
The Business Development Analyst primary role is to support the screening, planning and the development of new business ventures by applying extensive knowledge in the area of business development. The Business Development Analyst independently evaluates new business proposals and participates in the development of new business ventures. Also extends support beyond business analysis and planning and may be involved in the structuring and negotiation of deals to achieve final deal closure.
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.