Origination Analyst – Aramco – Dhahran – Saudi Arabia

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.

The International Gas Department (IG) is responsible for sourcing and developing international gas value chain (upstream, liquefaction, marketing, regasification) investment opportunities. The department’s role also includes coordinating the execution of these investment opportunities and managing these investments post transaction. The objective of this department is to create a viable, material integrated global gas business by 2035
Position is an individual contributor role and reports to the director of International Gas. The incumbent liaisons with the commercial business development team who develop the supply side of the LNG business and lead the contract negotiation and management activities for the LNG sourcing contracts. In addition to liaising with the commercial team, the sale & marketing professional will coordinate with Aramco’s LNG trading desk to optimize the LNG portfolio. On the sales side, this role is responsible for reaching out to various market participants to test demand appetite, and then negotiate/finalize sales contracts terms. Additionally, this role is responsible for: monitoring the supply-demand balance of the overall LNG portfolio, and for taking measures to ensure that balance remains within the acceptable range; as well as overall portfolio management and development of an optimized commercial strategy. The incumbent must possess deep international experience in sales and supply origination activities in gas & LNG and strong management skills.

Key Responsibilities
Responsible for originating, negotiating, finalizing, and managing LNG sales contracts. Lead team in:
• Identifying potential buyers through personal client network, Saudi Aramco client network, or through Market Intelligence reports
• Engaging with potential clients to assess potential appetite for LNG purchases
• Shortlisting top-priority leads that are likely to convert to purchases
• Assessing potential buyer’s counterparty risk, e.g. due diligence on operations, financials, management, history, capital structure, credit worthiness, governance, country risk, etc.
• Negotiating terms of sales contracts, i.e. volumes, pricing, timeframe, flexibility clauses, etc.
• Liaising with support departments to ensure sales contract is in compliance with local and global regulatory regimes, e.g. taxation, transport regulations, etc.
• Liaising with Head of LNG Trading on near-final sales contract to ensure alignment on contract terms and implications on Aramco portfolio
• Signing sales contracts and following up on administrative execution
• Monitoring each sales contract’s profitability and analyzing deltas in profitability
• Monitoring overall portfolio risk, e.g. open positions per index, credit exposure, etc.
2 Liaison with the team responsible for generating long and short-term supply contracts (>1 year) as required by International Gas strategy and needs. The team is responsible for:
• Defining required supply contracts to remain within acceptable range of exposure per index
• Defining supply requirements to reach Saudi Aramco’s ambitions and maintain healthy supply-sales balance per index, i.e. needs for additional short-term/long-term supply
• Aligning with Business Development on future long-term supply coming online and implications on overall portfolio
• Identifying potential supply sources and reaching out to relevant counterparties
• Assessing supply deals, i.e. volumes, durations, pricing, flexibility, counterparty risk, chartering and logistics, etc.
• Negotiating terms of supply contracts (i.e. volumes, duration, pricing)
• Liaising with support departments to ensure supply contract is in compliance with local and global regulatory regimes
• Liaising with suppliers to schedule deliveries
• Conducting renegotiation of contracts with current suppliers
3 Monitor portfolio supply-demand balance and take mitigation measures to remain within acceptable ranges. Responsible for:
• Managing all sales contracts, i.e. short/long term supply contracts (from Aramco assets & from 3rd parties) and sales contracts
• Liaising with Strategy and Business Development to develop full understanding of long-term supply of LNG coming from Saudi Aramco assets
• Developing full picture of current and future LNG sales and delivery obligations
• If large imbalance between supply and sales, taking mitigating measures to course-correct, e.g. if short on supply then increased effort on securing short-medium term supply and vice versa
4 Ensure engaged participation of Origination in M&A task force led by Business Development:
• Oversee Origination’s participation in assessment of the economic viability of investment opportunities in assets (driven by Business Development)

Minimum Requirements
Education Requirements
Education Level Master’s
Education field Business Administration or Technical Specialization (preferably engineering discipline)
Professional Experience
15 Minimum Yr’s Experience (total years)
Special Experience Proven and demonstrable SPA LNG sales experience with track record of closing sales agreement
10 Minimum Years in the Special Field

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.

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