Main Portfolio Manager

Job description

the employer stimulates the global economy. the employer occupies a special place in the global energy industry. We are one of the world's largest producers of hydrocarbon energy and chemicals, with the lowest upstream carbon intensity of any major producer. Through our significant investments in technology and infrastructure, we strive to maximize the value of the energy we produce to the world and are committed to enhancing the employer’s value to society. Headquartered in Saudi Arabia, with offices around the world, we combine market discipline with a generational vision for the future, stemming from our nine decades of experience as responsible stewards of the Kingdom's vast hydrocarbon resources. This responsibility has led us to deliver significant societal and economic benefits not only to the Kingdom, but also to a large number of communities, economies and countries that depend on the vital, reliable energy we supply. We are one of the most profitable companies in the world, as well as among the five largest global companies by market capitalization. Overview We are looking for a Lead Portfolio Manager to join our Portfolio Management Department (PMD). The Portfolio Management Department (PMD) serves as central ownership and capital management for Saudi the employer's diversification investments and joint ventures. Your primary role will serve as the designated shareholder representative across assigned portfolio companies, responsible for post-investment value creation, governance oversight, capital efficiency improvement, and accountability for performance. Key Responsibilities As a successful candidate, you will be required to: • Continuously evaluate the performance of your portfolio company l Original investment thesis. • Identify risks of thesis erosion and recommend strategic realignment when necessary. • Provide a structured stakeholder-level perspective on long-term strategic positions. • Develop and implement structured value creation plans (VCPs) after investment close. • Establish measurable financial and operating objectives (EBITDA growth, improved return on capital, cash generation, and working capital efficiency). • Monitoring the accuracy of implementation and determining value. • Lead periodic value realization reviews. • Review reinvestment proposals and capital allocation decisions at the portfolio company level. • Evaluate liquidity, leverage, covenant compliance, and refinancing risks. • Assess capital efficiency compared to weighted average cost of capital (WACC) and shareholder return expectations. • Recommending capital structure improvement initiatives. • Evaluate the effectiveness of governance, including the structure of the Board of Directors and subcommittees. • Support the employer-nominated managers with preliminary analytical summaries and recommended actions prior to meetings. • Ensuring transparency in reporting and its alignment with the employer governance standards. • Promoting disciplined decision-making at the 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 IT Manager when required. • Monitor industry trends and positioning competitiveness, and macroeconomic developments. • Translating market developments into shareholder-level impacts. • Identify growth, consolidation or restructuring opportunities within the portfolio. Minimum Requirements As a successful candidate, you will have: • Bachelor's degree in business administration, 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 in designing and implementing value creation plans, transformation plans, and investment banking (restructuring/industrial sector coverage) • Experience in the Middle East or in wider emerging markets a plus. Work Location and Work Schedule Work Location: Within the Kingdom of Saudi Arabia - to be specified in the job offer Work Schedule: Full Time - to be specified Provided in the job offer Posting Duration Job Posting Start Date: 03/12/2026 Job Work Environment Our high-performing employees are attracted to the challenging and rewarding professional, technical and industry opportunities we offer, and are rewarded accordingly. At the employer, our people work on world-class projects, supported by unparalleled investment in capital and technology. Because, as a global energy company, we face some of the world's greatest 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

Requirements

• · Minimum Requirements As a successful candidate, you will hold:
• Bachelor’s degree in Business Administration, Management, Engineering, or related discipline from an accredited university
• · 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

Skills