Posted 5 months ago

Vice President – Portfolio Management

Abu DhabiOn-siteFull-time

AI Summary

Senior portfolio manager focusing on Aldar’s residential and commercial assets, optimizing capital upgrades, pricing strategy, and asset performance to maximize portfolio value and returns.

About this role

JOB PURPOSE

Manage the performance of Aldar’s residential & commercial property portfolio, planning the timing of capital upgrades, with the goal of enhancing value and maximizing return of the portfolio.

ROLES AND RESPONSIBILITIES

Market Research

Conduct periodic market research on rental rates to ensure proper setting of internal rates for Aldar residential and commercial portfolio.

Analyze market conditions and forecast changes in rates and occupancy levels, in conjunction with the Director – Investment Management.

Monitoring and periodically assessing competitors' assets to forecast any potential risk on demand, rates and asset classes.

Identify and implement value-add initiatives

Recommend changes in rental rates based on market conditions.

Obtain new capabilities and equipment through CAPEX programs

Conduct development feasibility and draft of associated IC Business Case

Asset Management

Manage the portfolio of residential and commercial assets;

Review financial statements related to the asset, market and economic data to determine the economic impact and/or compliance impact for the operation of the assets.

Monitor the performance of assets to ensure delivery on financial targets.

Maximize return on assets and assets utilization.

Improve maintenance productivity and optimize space / equipment reliability as per business targets.

Achieve profitability while recognizing inefficiencies and minimize asset capital expenditures.

Provide input on asset repositioning and asset disposal, in conjunction with the Director – Investment Management.

Ensure pricing strategy and payment scheduling are suited for market prospects and cultivating for current and new client relationships

Risk Management:

Manage and assess risks associated with the operation / utilization of assets to ensure activities are in alignment with the investment management objectives.

RELATED YEARS OF EXPERIENCE

Min of 10+ years of at least 5 years of experience in real estate, property and asset management, investment banking, buy side or sell side advisory or other related field.

YOE IN MANAGERIAL POSITION

Min of 2+ years in a related managerial position

FIELD OF EXPERIENCE

Banking, real estate consultancy, management consultancy.

TECHNICAL AND INTERPERSONAL SKILLS

Outstanding analytical and quantitative skills; proficiency with standard software, including MS Office; advanced Excel skills is a must.

Proven track record in conducting valuation / financial models.

Able to analyze, evaluate and move quickly to support rapid decision making.

Ability to interpret and manage transaction documentation: NDAs, MoUs, LoI’s, and SPA’s

Ability to develop Board level papers and investment memoranda.

QUALIFICATION

Bachelor Degree in Engineering, Economics, Finance or Accounting, MBA (Finance), CFA, CA or CPA preferred.

Skills

Asset ManagementAsset RepositioningBoard PresentationCapEx PlanningCapital BudgetingDevelopment FeasibilityExcel (advanced)Financial ModelingFinancial Statement AnalysisInvestment AnalysisInvestment MemorandaMarket AnalysisMS OfficeNDA/MoU/LOI/SPA DocumentationRent/occupancy ForecastingRisk ManagementStrategic PricingValuation