Req Number: 17389BR
We are seeking a Business Origination Specialist to join New Business Development's Origination Department.
The successful candidate will work under the investment arm of Saudi Aramco in New Business Development's Origination Department. The job demands bringing insights into the various healthcare markets, not limited to any sector, to uncover business opportunities that would lead to one of several transaction types, namely, merger and acquisition, joint venture, partnership, divestitures, or third-party investment projects.
You will need to conduct internal/external assessments to reveal emerging trends that would impact business. The job demands strong analytical ability to convert raw data/information into intelligence to uncover business opportunities at their early stage; this requires you to possess a sufficient level of comprehension to understand different technical/technological subjects within the healthcare industry. As an initial deliverable, you need to present business ideas with a sufficient level of analysis to a review committee, to advance these ideas into business opportunities.
Once opportunities are realized, you will need to conduct an in-depth assessment to build business cases, while working with external parties on a nondisclosure agreement basis, and would present the cases to corporate management. Once the business cases are approved, the specialist needs to hand over the work to a transaction team to structure the deals, which is not part of the Specialist's scope of work.
As the successful candidate you will hold a bachelor's degree, either in healthcare or related field or finance, with a Master's degree in finance or an MBA.
You will have a minimum of 15-years of relevant experience within the healthcare industry is required. If the candidate does not have an MBA or a professional certification, 20 years of relevant experience is required.
You will also have the following:
A sufficient level of technical/technological comprehension is required.
A strong analytical ability to convert raw data/information into intelligence.
Experience with using at least one popular subscription-based market intelligence tool.
Good writing skills to produce briefs and reports.
Good presentation skills with experience presenting to corporate management.
A good track record of providing insights into markets that resulted in successful transactions.
Duties & Responsibilities:
You will be required to perform the following:
Generate business ideas and assess their feasibility.
Engage with various internal/external entities to be current on business trends.
Conduct desktop market research and use market intelligence tools.
Develop various financial models and review ones developed by others.
Produce briefs and reports on companies, industries, and sectors.
Present your own market research and business cases to various management levels.
Continuously review and enhance the business origination process with best practices.
Mentor junior employees on business origination processes.
Hold occasional workshops on elements of the business origination process.
Participate briefly in the transaction process at handover of business cases to a transaction team.
Handle ad-hoc requests for business advice and respond with briefs.
Participate in ad-hoc committees and task forces that may or may not relate to the described position.
Identify, create, and validate new opportunities
Take an idea from inception to creation, including feasibility studies, mega trends, business/economic cases, and quantitative and qualitative analysis.
As an integrated, global petroleum enterprise with operations in Saudi Arabia, Europe, the United States and the Far East, Saudi Aramco is one of the cornerstones of the world's energy supply. Saudi Aramco has a proud legacy of accomplishment in the oil and gas industry. In recent years, the Company has been creating downstream joint and equity ventures, both in Saudi Arabia and in China, and is exploring additional opportunities in refining and petrochemicals. Projects such as these, combined with Saudi Aramco's stature - both as a corporation and as a corporate citizen - in the Kingdom and wherever the Company does business, make for a challenging and rewarding work environment for the personnel of the Finance business line.