Amaaria Development is seeking a visionary, performance-driven Director of Asset Management to join our leadership team in Riyadh. In this role, you will oversee Alameriah Asset & Property Management (AAPM), driving portfolio yield optimization, capital strategies, and financial performance across our commercial office towers, prime retail destinations, and premium mixed-use developments. You will be responsible for safeguarding institutional value, insulating asset yields, establishing strategic leasing frameworks, and ensuring world-class property operations aligned with Saudi Vision 2030. Job Details Job Function: Real Estate, Asset Management, Business Development Employment Type: Full-time Seniority Level: Director / Executive Industry: Real Estate Development, Commercial Real Estate, Asset Management Location: Riyadh, Saudi Arabia (On-site) Key Responsibilities Portfolio Yield Optimization: Formulate and execute asset management strategies to maximize Net Operating Income (NOI), asset appreciation, and overall portfolio yield across commercial, retail, and mixed-use spaces. Commercial & Tenancy Strategy: Lead commercial leasing frameworks, tenant mix optimization, and high-value enterprise tenancy negotiations to ensure high occupancy and long-term retention. Pre & Post-Handover Strategy: Collaborate with development, architecture, and construction teams during pre-handover phases to ensure projects are engineered for long-term operational efficiency and asset protection. Financial Oversight & Capital Allocation: Manage annual asset budgets, operating expenses (OpEx), capital expenditures (Cap Ex), financial modeling, and quarterly yield reporting for C-Suite executives and institutional investors. Facility Operations Oversight: Work closely with Alameriah Advanced Facility Management (AAFM) to enforce hotel-grade operational standards, preventive maintenance, and Prop Tech integration to minimize operational overhead. Regulatory & Market Compliance: Stay ahead of KSA real estate regulations (MOMAH, Wafi, Ejar), market benchmarks, and economic shifts to position assets competitively in the market. Qualifications & Requirements Experience: 5+ years of progressive leadership experience in real estate asset management, investment management, or commercial portfolio management (minimum 1+ years in a Director-level capacity). Track Record: Proven success in managing high-value commercial office towers, regional retail centers, or large-scale integrated mixed-use developments in KSA or the GCC region. Education: Bachelor’s degree in Real Estate, Finance, Business Administration, Civil Engineering, or related field. MBA or Master’s in Real Estate Investment is highly preferred. Core Competencies: Deep financial modeling expertise, NOI/Yield optimization, contract negotiations, tenant relationship management, and strategic asset planning. Market Knowledge: Comprehensive understanding of Riyadh’s commercial real estate landscape, Saudi Vision 2030 infrastructure initiatives, and institutional investment standards. Languages: Professional fluency English and/or Arabic is required. Location: Willing to relocate to Riyadh. What We Offer Competitive executive salary package with yield-performance bonuses. High-visibility leadership role shaping landmark developments in KSA. Comprehensive health, family, and executive benefits. A dynamic environment at the forefront of modern, sustainable, and culturally inspired Saudi urban development. How to Apply Interested candidates can apply directly via Linked In.