Warner Scott are partnered with the Capital arm of a leading bank in KSA. The client is looking to expand their presence within Private Credit, and is looking for someone who will be able to assist with setting up and then overseeing Private Credit funds. This is an excellent opportunity for an experienced Portfolio manager looking to step into a leading role within a top brand.
Key responsibilities
- Develop and implement investment strategies for alternative / private credit funds, aligned with the firm's risk appetite, client needs and Sharia guidelines.
- Source, assess and prioritise private credit opportunities (direct financings, club deals, co-investments, and securitised structures) across Saudi and selected regional/international markets.
- Lead full credit underwriting: financial modelling, scenario and sensitivity analysis, covenant design, collateral assessment and ESG considerations.
- Structure and negotiate transaction terms in coordination with legal, Sharia, risk and investment banking teams, ensuring all financings are Sharia-compliant (e.g. sukuk-style, ijara, murabaha or other asset-backed structures).
- Manage day-to-day portfolio oversight for c.3 alternative funds (c.SAR 5bn AUM): monitoring performance, credit quality, covenants and liquidity, and initiating remediation or restructuring actions where required.
- Prepare and present investment cases, IC papers and portfolio reviews to internal committees, senior management and key institutional clients.
- Work closely with the Head of Product & Alternatives on: pipeline shaping, fund term sheets, fee structures, benchmark selection and launch/closure of alternative products.
- Contribute to securitisation initiatives within the alternatives platform, helping to package underlying exposures into suitable Sharia-compliant fund or note structures to enhance liquidity and distribution.
- Ensure robust risk management and regulatory compliance with CMA and internal policies, including stress testing, concentration monitoring and periodic reporting.
- Support marketing and distribution teams with technical input, investor presentations and due-diligence responses as the product and investment SME for alternatives/private credit.
Requirements
- 710 years experience in private credit, structured credit, alternatives or related buy-side roles, ideally within GCC or broader emerging markets, with clear exposure to direct lending / private financing.
- Strong track record in originating, underwriting and managing credit or alternative investments; experience managing or co-managing funds or discretionary portfolios is preferred
- Advanced financial modelling and credit analysis skills; comfortable leading negotiations and interfacing with borrowers, arrangers and counterparties.
