The VP of Investment will lead the dual-core investment engines of the organization. You will be responsible for a multi-billion SAR AUM (Assets Under Management), overseeing the strategic deployment of capital into Prime Commercial/Mixed-Use Real Estate.
Core Responsibilities
A. Residential Investment Portfolio
- Joint Venture (JV) Leadership: Design and negotiate JV structures with local and international developers to accelerate the national housing supply.
- PPP Models: Architect Public-Private Partnership models that leverage government land banks with private sector capital and efficiency.
- Housing Funds: Lead the establishment and management of residential-focused investment funds in coordination with CMA-regulated entities.
B. Commercial Investment Portfolio (Income-Generating Assets)
- Asset Monetization: Identify opportunities to monetize land banks through retail hubs, office complexes, and hospitality assets.
- Yield Optimization: Manage the Core+ and Value-Add strategies for a diverse commercial portfolio to ensure sustainable long-term dividends.
- REIT Strategy: Evaluate and lead the potential listing of commercial assets into REITs to recycle capital for future developments.
C. Transactional & Financial Governance
- Investment Committee (IC): Prepare and defend comprehensive investment memoranda, feasibility studies ($IRR$, $NPV$, $Sensitivity Analysis$), and exit strategies before the Board.
- Capital Markets: Liaise with banks and debt providers to structure project financing, Sukuk issuances, and bridge loans.
- Deal Sourcing: Proactively identify strategic land acquisitions or partnership opportunities that align with the 10-year master plan.
3. Key Performance Indicators (KPIs)
Your success will be measured by:
- Portfolio Returns: Achieving targeted Internal Rate of Return ($IRR$) and Net Operating Income ($NOI$) across asset classes.
- Deployment Velocity: Efficiency in committing capital to approved projects according to the annual investment plan.
- Market Share: Increasing the private sector's participation rate in residential development.
- Cost of Capital: Success in securing competitive financing and diversifying funding sources.
Required Experience & Qualifications
- Experience: in a senior investment leadership role within a Tier-1 Developer, PE firm, or Sovereign Wealth Fund (SWF).
- Technical Expertise: Deep knowledge of CMA (Capital Market Authority) regulations, REIF (Real Estate Investment Fund) laws, and Saudi mortgage market dynamics.
- Education: Master's degree in Finance, Real Estate, or an MBA from a globally recognized institution.
- Certifications:CFA (Chartered Financial Analyst) or RICS (Royal Institution of Chartered Surveyors) is highly preferred.
- Language: Fluency in Arabic and English is essential for negotiating with local stakeholders and international partners.
