Business Development Specialist

We are seeking a Business Development Specialist to join our Downstream Origination Department.
Downstream Growth and Development (DG&D) implements the Company's downstream growth strategy through the development of profitable investment opportunities, mergers & acquisitions (M&A) and joint venture partnerships in the areas of integrated refining and petrochemicals, marketing, retail, lubricants and other areas of the downstream business.
Downstream Origination Department (DOD) identifies, evaluates, screens, reviews and recommends global business development opportunities in line with the downstream strategy and in coordination with other Admin areas within the Downstream business.
You will be responsible for screening and origination of potential investment opportunities in the areas of refining, petrochemicals, trading, retail business, logistics, storage and lubricants segments as well as executing approved transactions including initiation and management of due diligence, valuation, structuring and negotiations of proposed deals.
Key ResponsibilitiesAs the successful candidate you will be required to perform the following:

Manage 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 DOD portfolio strategy.
Prepare for and conduct negotiations to secure a deal consistent with Saudi Aramco's offer, investor expectations and set parameters.
Assemble initial offerings to potential investors, lead investor selection activities, and coordinate with Saudi Aramco subject matter experts to draft Memorandums of Understanding/Letters of Intent.
Ensure compliance to process stage gates and approvals, approve contract payments and variations within limit.
Lead efforts to formulate resource and funding plans to transform business proposals from concept to a closed deal.
Lead business planning and economic modeling and determine the scope and objectives of the deal, offering messages and technical solutions that make up Saudi Aramco's business offering.
Participate in creating the commercial, financial and technical framework for the deal, lead 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 lead development of commercial agreements.
Provide 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.
Minimum RequirementsAs the successful candidate you will have:

Bachelor of Arts in Business and Management or Bachelor of Science in Engineering.
MBA is preferred.
A minimum of 12 years of experience in mergers and acquisitions, business development, transaction execution, and project financing.
Transaction execution and leading negotiations of definitive documents experience is preferred.
Downstream industry experience (Refining, Petrochemicals, Retail, Lubricants), noting that products trading experience may not be considered relevant for the role is preferred.
Project Financing experience is preferred.
Certified Project Management Professional (PMP), Certified Management Accountant (CMA) or Certified Financial Analyst (CFA) are preferred.
Industry expertise in venturing activities such as commercialization, spin-offs or joint venturing, project development, financial valuations and modeling, facilities planning, strategy development or relevant experience.
Understanding of financial analysis of companies and valuation methodologies; commercial principles of a transaction; different types of transactions.#