Asset Management Director

1 week ago


Abu Dhabi, Abu Dhabi, United Arab Emirates ALDAR Full time
Job Title: Assistant Vice President

Join ALDAR as an Assistant Vice President and take on a challenging role that requires strategic thinking, financial acumen, and leadership skills.

Key Responsibilities:
  • Asset Management: Manage the asset management investment process, including sourcing, underwriting, and execution of new acquisitions, disposals, and development opportunities.
  • Portfolio Management: Oversee a portfolio of operational assets, driving strong financial returns and adding value to our communities.
  • Relationship Management: Build and maintain relationships with property managers of assigned retail assets, track strategic and financial performance, and identify opportunities for operational excellence.

Key Performance Indicators:

  • Take charge of asset management investments proposals across all stages of the transaction.
  • Build financial and valuation models, assist with budgeting, forecasting, and assessing financial results.
  • Prepare presentation materials, memoranda, and financial impact assessment reports for executive management.
  • Track and monitor the portfolio's business performance and provide periodic reports to the line manager.
  • Monitor the matrix to support Asset Ops during asset operations and review/recommend adjustments in case of deviations.
  • Receive constant updates from retail General Managers on asset performance and coordinate with other Retail GMs to develop and recommend synergies between assets.
  • Undertake deep dives into business operations/financial performance and prepare recommendation papers to management, highlighting areas of improvement and efficiencies.
  • Implement financial and strategic metrics to establish the positioning of the portfolio and ensure alignment of operating plans.
  • Assist in developing the strategic & five-year business plan, risk registers, and mitigation plans for the portfolio.
  • Assist in the yearly valuation cycle of the portfolio.

About ALDAR:

ALDAR is a leading real estate developer in the UAE, committed to delivering exceptional quality and value to our customers. We are seeking a talented and experienced professional to join our team as an Assistant Vice President.



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