Saudi Aramco, a fully integrated, global petroleum and chemicals enterprise, is the state-owned oil company of the Kingdom of Saudi Arabia. Through our 80-year history we have become a world leader in hydrocarbons exploration, production, refining, distribution, shipping and marketing, and the world’s top exporter of crude oil and natural gas liquids (NGLs). We manage proven conventional crude oil and condensate reserves of 260.2 billion barrels. Our average daily crude production in 2013 was 9.4 million barrels per day (bpd).
We are seeking a Transaction Execution & Development Specialist to join New Business Development (NBD).
NBD is responsible for creating new business opportunities for the Company while also contributing to the Kingdom's economic growth. Our
successes have focused on the development of Mega Projects in Refining and Petrochemicals and we continue on pursuing initiatives
seeking more ambitious contributions to the Kingdom's economic development which will also enhance and expand the Company's
operations and value chain. This role offers a unique workplace to contribute and gives opportunities to further expand commercial and
professional capabilities underpinned by a strong commitment to training and personal development. The position will be based in
Transaction Development organization which is mandated to realize opportunities and execute by leading and supporting critical and
diversified corporate transactions within Saudi Aramco.
Your primary responsibility is to direct and manage optimally execution of key strategic projects including mergers and acquisitions, the
creation of joint ventures and divestment activities by extracting value swiftly through due diligence, valuation, structuring, negotiation,
management approvals, deal closing, and post transaction planning. You should possess significant experience within the relevant industries
to be considered a subject matter expert. You should have strong interpersonal skills with gravitas to work with people to enable the applicant
to collaborate effectively and efficiently across internal and external stakeholders that allows robust communication protocol to execute and
realize the opportunity. You should bring strong financial analytical skills with a successful track record of complex deal execution and
closures. Also, you must be willing to relocate to Saudi Arabia and travel as required by business needs.
As a successful candidate you will have the following:
A Bachelor Degree in Business Administration, Economics, Accounting or its equivalent or an MBA with a Bachelor's Degree.
Advanced professional competence evidenced by professional licenses and / or other forms of continuing professional education is also
A minimum of 10 years of relevant industry experience of M&A transactions in Corporate M&A, Investment Banking and/or Private Equity
firms coupled with demonstrated leadership and accomplished track records of transaction execution.
Proven high potential and strong commercial acumen, effective leader with the drive to achieve results and quickly form relationships.
The gravitas of being meticulous where necessary with the ability to look at the big picture, hands on approach to influence at all levels;
ownership of people, processes and systems with an industry reputation of a leader who delivers.
The ability to define clear priorities in a multi-transaction environment.
Excellent proficiency in oral and written English as this is key characteristic for the role with coaching and mentoring skills.
Ability to make impromptu presentations to Management and key stakeholders as desired.
Duties & Responsibilities:
You will be required to perform the following:
Direct and manage with a hands on approach to the transaction execution of key strategic projects.
Orchestrate optimal due diligence, valuation, structuring, negotiation, management approvals, deal closing, and post transaction planning.
Demonstrate strong interpersonal skills to enable effective engagement with internal and external stakeholders of a transaction that provides
key support to evaluate and realize the opportunity.
Troubleshoot proactively to find optimal solutions and directs the way forward both internally and negotiations with potential partners.
Expedite and facilitating efficient and effective decision making for Management.
Maintain optimal resource monitor and spot / train young talent.
Maintain progression trajectory of young talent and work with key stakeholders to ensure resources are optimized.
Champion Transaction Execution by applying expertise to ensure compliance across transactions is succinct and effective.
Lead and support activities to progress opportunities through a structured approach of stage gates to deal closure as a member of a fully
integrated transaction team.
Coordinate with internal subject matter experts groups such as Law, Finance, Corporate Planning, etc. to ensure deal closure.
Develop the post transaction approach and plan working with post transaction implementation experts
Ensure proper documentation development and management for transactions.
Manage and mentor young professionals.