This role required candidate to permanently relocate at Dhahran, Saudi Arabia.

About the Company

This company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia.

Job Summary

This Company is actively looking for a motivated individual to enhance the performance of our Licensing Division. The ideal candidate should possess experience in IP management and transactions. We prefer candidates who are self-starters, energetic, and proactive, capable of working both independently and collaboratively.

In this role, the candidate will be tasked with monetizing a robust and expanding portfolio of worldwide patent assets. It's essential for the candidate to feel at ease in a position that involves working with various stakeholders who may have differing priorities.

Responsibilities:

• Develop tailored monetization strategies to realize the full value of our IP portfolio.
• Implement monetization strategies through:
  • Building a broad range of internal and external stakeholder relationships to establish partnerships.
  • Conducting comprehensive due diligence to support technology transactions aimed at maximizing value and minimizing risks.
  • Leading negotiations and drafting/executing agreements.
• Maximize the value of existing license agreements by:
  • Ensuring licensee compliance, including royalty compliance, and implementing monitoring mechanisms to prevent revenue leakage.
  • Conducting regular evaluations of license agreements and licensee performance to prevent value deterioration.
• Deliver regular project update briefings to senior management on progress versus plan.

Requirements:

• This role required candidate to permanently relocate at Dhahran, Saudi Arabia.
• Bachelor's degree in a Science or Engineering discipline; an advanced degree such as MS, Ph.D., or an MBA is preferred.
• 10+ years of combined experience in a minimum of three of the following functions: research, development, operations, business development, intellectual property management, intellectual property transactions, consulting, and finance.
• Proven ability to assess IP and its impact, generate licensing opportunities, negotiate terms, and execute agreements.
• Experience in complex licensing and sales transactions, preferably in the Oil & Gas industry.
• Experience in marketing and communications campaigns, particularly related to technology marketing.
• Experience in freedom to operate (FTO) analyses, and developing evidence of use/claim charts are preferred.
• Strong leadership, communication, research/analytical, organizational, creative, and problem-solving skills.