Lead Portfolio Manager - Relocate to Saudi Arabia, Permanent Expat Relocation Package

aramco; Calgary; On-site; CAD 280,000 - 448,000; Full time

Benefits offered by this job

Expat relocation package

Global assignments

Job summary

Aramco seeks a Lead Portfolio Manager to own portfolio governance, post-investment value realization, and performance accountability for diversified investments and joint ventures. The role demands extensive experience in value creation and strategic realignment within complex portfolios.

Relocation to Saudi Arabia as an expatriate is required, with an emphasis on capital efficiency, EBITDA growth, and long-range planning aligned to Aramco standards.

Qualifications

• Bachelor's degree required; advanced degree preferred.
• Minimum 10 years in Private Equity, Sovereign Wealth Funds, direct investments, or investment banking with value-creation and turnaround experience.
• Experience in the Middle East or emerging markets is a plus.
• Must be able to relocate fully to Saudi Arabia as an expat.

Responsibilities

• Continuously assess portfolio company performance against the investment thesis.
• Develop and implement structured Value Creation Plans after investment close.
• Monitor governance, capital efficiency, and board-level reporting.
• Support Aramco-nominated Directors with analyses before meetings.
• Identify growth, consolidation, or restructuring opportunities within the portfolio.

Skills

Portfolio management

Private equity

Governance

Value creation

Financial analysis

Education

Bachelor's degree

Advanced degree preferred

Tools

Excel

Power BI

Job description

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

• 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.
• Monitor variance against approved budgets and long-range plans.
• Identify emerging operational or financial risks.
• Recommend structured corrective actions and elevate 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.

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.

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.