[KF] Business Development Lead - Innovation & Product Development Center ( Lab7 )

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 Professional to join the National Champions Department.

The National Champions Department responsible for the delivery of end-to-end product development, entrepreneurship, and investment opportunities to convert lucrative business ideas into national champions that enable job creation and economic growth.

As a Business Development Professional, you will be responsible for accelerating ideas development to reach the commercialization stage, support a new generation of innovators to develop groundbreaking ideas from conception to completion, and facilitating the launch of technology-based startups.

As a successful candidate you will be required to perform the following:

• Perform financial due diligence and analysis on prospective investment targets and perform detailed financial valuation analysis.
• Conduct market research on the industry and gather market intelligence to identify potential Opportunities in targeted sectors (e.g., Sustainability/Climate Tech, MedTech, HardTech, Fintech).
• Develop, validate, and iterate on innovative business models, ensuring alignment with long term strategic goals.
• Create financial models that enhance return on investment of projects and financial planning.
• Prepare financial documents for presentation to potential and current investors.
• Analyze company accounts and financial projections and advise the company on how to best position its investments.
• Provide updates on financial markets activities in order to right position the company in the local and the global market.
• Develop an investment policy aligned to the company strategy and an investment criterion for evaluating prospective projects.
• Ensure that all investment compliance regulations are met.

As a successful candidate you will hold a:

• BS degree in engineering discipline & holds a Master of Business Administration (MBA).
• Chartered Financial Analyst (CFA) certification holder is a plus.
• 7+ years of proven track record of in venture building or investment which includes: conducting business case development and investment assessment.
• Solid understanding of financial set-up, procedures, statistics, financial modeling and economics.
• Excellent problem-problem solving, project management, analytical and communication skills.

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.