Senior Manager Asset Management📣 Job Ad

About the Role

Qiddiya Investment Company is seeking a Senior Manager - Asset Management to join its team in Riyadh Province, Saudi Arabia. This full-time position will support the Head of Asset Management in establishing and implementing a comprehensive citywide asset management framework. The role is critical for ensuring that all city assets are governed, managed, monitored, and renewed in a consistent, risk-based, and data-driven manner.

Role Overview

As the Senior Manager - Asset Management, you will be instrumental in developing the city’s overarching asset strategy. This includes strengthening governance structures, enhancing asset data and configuration control, and supporting lifecycle planning to ensure readiness for asset handover. Your leadership will contribute to the safe, efficient, and effective management of the city’s assets, aligning with long-term service delivery and investment objectives.

Key Responsibilities

• Support the development and implementation of the City-wide Asset Strategy, including policy, governance, scope, roles, and responsibilities.
• Assist the Head of Asset Management in developing the Strategic Asset Management Plan (SAMP), ensuring asset decisions balance value, risk, cost, and service outcomes.
• Develop and maintain the asset classification and hierarchy framework for a consistent citywide approach across districts, asset classes, systems, and structures.
• Oversee the central asset register and configuration control processes, ensuring data quality, standards, and supporting documentation are accurate and up-to-date.
• Support asset adoption, vesting, and acceptance processes, including readiness checks, handover evidence, certifications, and acceptance criteria.
• Contribute to lifecycle planning and risk-based governance, including 10-year renewal plans, budget planning, investment prioritization, and renewal triggers.
• Develop and maintain the condition and performance monitoring framework, including asset health models, inspection regimes, and oversight reporting.
• Support asset criticality and resilience assessments, including assurance reporting and service impact tiering.
• Manage interface governance between FM delivery teams, districts, City Ops, and other stakeholders to ensure clear ownership and effective collaboration.
• Provide analysis, reporting, and strategic recommendations to the Head of Asset Management and senior stakeholders.

Qualifications and Experience

• Bachelor's degree in Business Administration, Real Estate, Engineering, or a related field. An advanced degree is preferred.
• Experience working in asset management for a city municipality and/or property management or operations.
• Applied knowledge and understanding of ISO 55001 standards.
• Experience with industry best practices for implementing effective asset management processes across the lifecycle of physical assets.
• A minimum of 7 years of experience in asset management, preferably within large-scale developments or the entertainment sectors.
• Strong financial acumen with expertise in budgeting, forecasting, and investment analysis.
• Demonstrated leadership experience managing teams and collaborating across departments.
• Excellent communication, negotiation, and stakeholder management skills.
• Proactive problem-solving skills and a strategic mindset.
• Experience with asset management software and financial reporting tools.
• Knowledge of the regional market and regulatory environment is advantageous.

Work Context

This is a full-time position based in Riyadh, Saudi Arabia, within the Riyadh Province. The role requires a professional with 5-10 years of experience in asset management.