Hays is currently supporting a leading developer in Saudi Arabia in their search for a Vice President of Asset Management. This senior leadership role requires an experienced professional with strong expertise in real estate asset management and the ability to manage multiple asset classes.
Arabic language proficiency is mandatory.
Responsibilities
- Manage end-to-end deal execution including due diligence, negotiations, legal documentation, and closing.
- Prepare and present investment memoranda and recommendations to the Investment Committee.
- Stay informed on macroeconomic trends, market dynamics, and regulatory developments.
- Build and maintain relationships with brokers, developers, JV partners, and investment bankers.
- Lead financial modeling, sensitivity analysis, and valuation of potential investments (DCF, IRR, NPV, etc.).
- Source proprietary deals and evaluate off-market opportunities.
- Monitor performance of existing investments; identify value enhancement or exit opportunities.
- Partner with asset management, finance, and development teams to maximize asset returns.
- Contribute to portfolio strategy, including asset management and capital deployment planning.
- Mentor and guide junior team members to ensure development and high-quality output.
- Collaborate with Legal, Finance, Investment and Development teams to drive strategic alignment and successful deal outcomes.
Requirements
- Proven track record in asset management withstrong expertise in real estate assets.
- Experience managing multiple asset classes within large-scale portfolios.
- Strong financial acumen and advanced modeling skills.
- Excellent leadership and stakeholder management capabilities.
- Fluency in Arabic is mandatory; English proficiency required.
- Familiarity with the Saudi market and regional real estate dynamics is highly desirable.
