VP of Asset Management

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 with strong 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.