Telecommut
This position requires full relocation to Saudi Arabia. It is a permanent full time Expat Relocation Package.
Job Overview
We are seeking a Lead Portfolio Manager to join the Portfolio Management Department (PMD).
The Portfolio Management Dept (PMD) serves as a centralized ownership and capital stewardship function for Saudi Aramco’s diversification investments and joint ventures.
Your primary role will be acts as the designated shareholder representative across assigned portfolio companies and is responsible for post-investment value realization, governance oversight, capital efficiency improvement, and performance accountability.
Key Responsibilities
As a successful candidate you will be required to perform the following:
• Continuously assess portfolio company performance against original investment thesis.
• Identify thesis erosion risks and recommend strategic realignment where necessary.
• Provide structured shareholder-level perspective on long-term strategic positioning.
• Develop and implement structured Value Creation Plans (VCPs) following investment close.
• Establish measurable financial and operational targets (EBITDA growth, ROACE improvement, cash generation, working capital efficiency).
• Monitor implementation rigor and quantify value capture.
• Lead periodic value realization reviews.
• Review reinvestment proposals and capital allocation decisions at portfolio company level.
• Evaluate liquidity, leverage, covenant compliance, and refinancing risk.
• Assess capital efficiency relative to Weighted Average Cost of Capital (WACC) and shareholder return expectations.
• Recommend capital structure optimization initiatives.
• Assess governance effectiveness, including Board and sub-committee structure.
• Support Aramco-nominated Directors with analytical pre-briefs and recommendations in advance of meetings.
• Ensure reporting transparency and alignment with Aramco governance standards.
• Promote disciplined decision-making at Board level.
• Implement standardized KPI dashboards across assigned portfolio companies.
• Monitor variance against approved budgets and long-range plans.
• Identify emerging operational or financial risks.
• Recommend structured corrective actions and escalate material risks to the CIO where appropriate.
• Monitor industry trends, competitive positioning, and macroeconomic developments.
• Translate market developments into shareholder-level implications.
• Identify growth, consolidation, or restructuring opportunities within the portfolio.
Minimum Requirements
As a successful candidate, you will hold a:
- Bachelor’s degree in Business, Management, Engineering, or related discipline from an accredited university. An Advanced degree is preferred.
- Minimum 10 years of experience in Private Equity, Sovereign Wealth Funds, Direct Industrial Investments, Consultants with experience of designing and implementing value creation plans and turnaround plans, and Investment Banking (restructuring / industrial sector coverage)
- Experience in the Middle East or in emerging markets more broadly is a plus.
- Be able to fully relocate to Saudi Arabia as an expat.
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.
Aramco energizes the world economy.
Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities 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.
