Bus Dev Spec

Job Req ID: 10201- 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 Purpose**:
Directs activities related to sourcing, screening, analyzing, planning and developing a new business venture.
principles and concepts.

**Responsibilities**:
DUTY1 / effort % (010)
Manages business development process from screening through deal
closure, including drive
screening and validation activities to progress proposals through stage
gates, prioritize
business proposals against investment criteria and NBD portfolio
strategy.

DUTY2 / effort % (010)
Leads efforts to formulate a resource and funding plans to transform
business proposal
from
Concept to a closed deal and serve as a liaison between NBD and the
internal proponent
organization

DUTY3 / effort % (010)
Leads business planning and economic modeling and determine the scope
and objectives of
the
deal, offering messages and technical solution that make up Saudi
Aramco's business
offering.

DUTY4 / effort % (010)
Assembles initial offerings to potential investors, Lead investor
selection activities,
Memorandums of
Understanding/Letter of Intent.

DUTY5 / effort % (020)
Participates in creating the commercial, financial and technical
framework for the deal,
leads evaluation of business opportunities including valuation
techniques and
methodologies, defining scope of due diligence required and coordinating
due diligence
activities; presenting results of valuation and due diligence
activities and leads
development of commercial agreements.

DUTY6 / effort % (020)
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.

DUTY7 / effort % (010)
Prepares for and conduct negotiations to secure a deal is consistent
with Saudi Aramco's
offer, investor expectations and set parameters.

DUTY8 / effort % (010)
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.

**Education & Experience Requirements**:
Educational Level :Bachelors
Degree Title : Bachelor of Arts
Discipline Title : Business and Management

Degree Title : Bachelor of Science
Discipline Title : Engineering

Minimum Years of Experience :12

**Certificates**:
Title : Certified Financial Analyst (CFA)

Title : Certified Management Accountant (CMA)

Title : Certified Project Management Professional (PMP)

**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, logístical 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