Req Number: 17425BR
We are seeking a Corporate Venture Capital Senior Investment Director (Energy) to join Saudi Aramco Energy Ventures (SAEV).
Saudi Aramco Energy Ventures (SAEV) was established to manage the strategic corporate venture capital program of Saudi Aramco, the national oil company of Saudi Arabia, and the world's leading integrated energy and chemicals enterprise. SAEV's mission is "to invest globally in start-up and high-growth companies with technologies of strategic importance to Saudi Aramco, to accelerate their development and their deployment in the Kingdom." Established in 2012 with an investment capital allocation of $500MM, SAEV is a leading corporate venturing program globally and within the energy industry, and aims to be seen as a leading value-adding strategic investor in the global venture capital community. SAEV has executed over 35 investments to date, leading the investment on a majority of its deals and co-investing with other reputable VC and corporate VC peers. SAEV has established a track record of financial returns and deployment of portfolio technologies, and has received recognition, including the CEO's Excellence Award, a Harvard Business Case Review on setting up a corporate VC programs, and inclusion in Global Corporate Venturing's "Powerlist 100."
You will be responsible for guiding global investment teams in the Energy CVC program, by overseeing and governing the investment process on all new proposals and follow-on investments from the regional offices, and interfacing between regional investment teams, head office management, and the SAEV Investment Committee.
As the successful candidate you will have a Bachelor and Master's degree, preferably combining engineering/science
and management/finance disciplines from a reputable university. Professional certifications in desired skill areas
is an advantage, i.e., CFA or equivalent.
You will have a minimum of 15 years of experience combining venture capital, corporate venture capital, corporate development, consulting, investment banking, private equity, and start-up leadership or related fields, with a minimum of nine years in venture capital or corporate venture capital.
You must be able to demonstrate investment experience across the full venture investment life-cycle, and have the ability to work across international cultures, as well as between corporate and start-up company cultures. An understanding of technical and market trends in the energy sector is a must.
Duties & Responsibilities:
You will be required to perform the following:
Interface with regional investment teams and maintain alignment and effective working relationships.
Participate in stage-gating decisions and negotiation for follow-on investments and exit transactions, and decisions on shareholder actions.
Participate in critical discussions with corporate business units to identify collaboration opportunities with the portfolio and accelerate deployment of technologies.
Review term sheets for new investments. Review Investment Memoranda for recommendation of investments to the Investment Committee, and present to SAEV CIO & CEO for execution.
Oversee the coordination of presentations to Investment Committee.
Oversee transaction closing processes, ensuring compliance with SAEV investment process.
Review transaction and shareholder approval documents and present to SAEV CIO & CEO for execution.
Contribute to strategic and tactical decision-making across all aspects of SAEV operations as part of SAEV global management team.
Guide global investment teams on strategy and focus areas, and prioritization of opportunities, in alignment with corporate priorities.
Ensure investments meet program objectives for financial return and strategic benefits.
Assist the technology evaluation team in assessment of commercial viability of new technologies. Recommends investments and shareholder actions to the SAEV Investment Committee and SAEV global management team. Participates in stage-gating and negotiation strategies related to new investments, follow-on investments, portfolio management, and exit. Reports on global portfolio energy CVC program performance to SAEV IC and Board. Participates in strategic and tactical decision-making.