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Job Specification

  • Number of Vacancies: 1
  • Job Type: Full-time
  • Experience: Minimum: 4-7 years
  • Industry: Investment Banking/Asset Management

Job Summary

  • Functional Area: Real Estate
  • Location: Riyadh, Saudi Arabia
  • Job Role: Senior Fund Manager
  • Reporting to: Director of Real Estate Investment

1. JOB PURPOSE  

Manage the Real Estate Fund and meet Stakeholders requirements, including but not limited to: CMA, Unitholders, Board of Directors, External Auditors.

2. MINIMUM QUALIFICATIONS/EDUCATION/EXPERIENCE/TRAINING/KNOWLEDGE

  • Bachelor’s degree in Business, Finance, accounting or Economics or related field, master’s degree is preferable from a reputable business school. 
  • Professional certification such as (CME-1) is an advantage.
  • Understanding of KSA Real Estate Market. 
  • Understanding of Real Estate Funds / Private Funds Regulations

3. JOB DUTIES AND RESPONSIBILITIES

  1. Assist the director Real Estate Investment in formulating strategy, annual business plans, budgets, policies and procedures for the Real Estate Department, to support the organizational business strategy.
  2. Bring/study new opportunities.
  3. Review studies/projects to enhance work and department.
  4. Work on new funds from scratch till lunching state and monitor funds’ performance.
  5. Follow with the operation department and compliance department on Funds’ continues obligation. (including working with all related departments such as compliance, operation, marketing, sales,…).
  6. Supervises Funds Records.
  7. Arrange and handling the Department filing system.
  8. Supervises the department in all administrative work.  
  9. Conducts periodic meetings with subordinates for reviewing progress and work flow, discusses their suggestions and taking suitable actions accordingly.
  10. Prepares periodic reports with respect to Real Estate activities and achievements to be submitted to the Director Real Estate Investment.
  11. Participates in determining training needs of subordinates and evaluating the outcomes of training courses in coordination with the concerned human resources personnel.
  12. Approves employee affairs including vacations, leaves, etc.
  13. Conducts performance appraisals for subordinates according to scheduled plans and recommending necessary actions as per the applied practices.
  14. Nominates a deputy to carry out the responsibilities of the position in case of his absence whenever the need arises.

Interested candidates please send your CV and contact details to profiles@darlingtonme.com referencing ‘Fund Manager – Real Estate’ in the subject

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