VP Portfolio Management
Role: VP Portfolio Management
Reports to: President – Portfolio Management
Location: Riyadh Saudi Arabia
Our client is a leading infrastructure developer and asset owner in Saudi Arabia. They are a lead developer in social infrastructure, such as schools, healthcare facilities, public transportation, road infrastructure and housing.
About the role
Formulate, monitor, and implement portfolio strategy and policy for Client's operating and late- stage development assets across social & transportation infrastructure, sustainable energy & utilities (incl. water/wastewater), and data Centres. Lead value creation, performance management, and risk control to deliver risk-adjusted returns and compliant, audit-ready operations
Key Responsibilities
- Investment & Portfolio Management
- Set and evolve portfolio policies; direct asset allocation/rebalancing, thematic/sector views, and business-plan delivery per IC approvals.
- Maintain strong external relationships (banks/DFIs/ECAs/advisors); steer waivers/consents and covenant health (DSCR/LLCR) across SPVs/JVs
- Insights, Reporting & Analytics
- Design portfolio reporting templates; lead complex analytics (trend, variance, sensitivity) and convert insights into clear IC/Board recommendations and dashboards (Excel/Power BI)
- Organizational Risk Management
- Own portfolio risk registers (market, credit, counterparty, operational, ALM/liquidity); define contingency plans and escalate per governance.
- Financial Management & Control
- Oversee budgeting, forecasts, and variance analysis at portfolio level; align distribution policy with financing documents and shareholder agreements.
- Commercial Enablement (Solutions & Terms)
- Configure complex product/solution constructs (e.g., tariff/availability regimes, LTSA/O&M constructs, financing terms) within approved parameters; review/authorize deviations and support senior negotiations with counterparties
- Internal Client/Stakeholder Leadership
- Act as business partner to BD, Technical, Legal, and PF; manage SPV/JV Boards and committees (Audit/RC/HSE) to align actions with plan
- Data, Models & Governance
- Ensure robust data management and model integrity; maintain audit-ready documentation and drive continuous improvement/change initiatives
- Improvement & Innovation
- Identify shortcomings in portfolio processes; recommend and implement improvements that raise performance and reporting quality
Technical Skills & Toolset
- Asset-Liability Management (ALM); asset allocation/diversification, pricing/valuation
- Investment management techniques: analysis, strategy, execution, performance monitoring
- Risk management: identification, assessment, mitigation; contingency planning
- Financial modelling & FP&A: cash-flow forecasting, scenario/sensitivity analysis, portfolio KPI build
- Policy & regulation: interpret and apply relevant laws/agreements (concessions/PPAs/IWPs/ISTPs, LMA/CTA, SHAs)
- Account/Client management & prioritization (Board/offtaker/regulator/lender interactions)
- Data & reporting: data collection/analysis, database reporting; Excel/PowerPoint, PowerBI/Tableau, data-room/ERP familiarity
Experience & Education
- Education: Master's degree (or equivalent) preferred—Engineering, Finance, Economics, or Business.
- Experience: For VP level, 10–15+ years in infrastructure/energy portfolio or asset management/project finance, with multi-year leadership of complex SPV/JV portfolios and cross-functional coordination.
- Regional exposure: Strong GCC/KSA track record; comfort with regulated frameworks and government counterparties (offtakers/ministries/regulators)