Job description

The Asset Management Director in Qatar is responsible for providing expertise in developing and executing asset portfolio strategy aligned with organizational strategy while overseeing asset performance, growth initiatives, and value optimization. The role involves contributing to annual operating and capital budgets through collaboration with cross-functional teams, applying property and market knowledge, and ensuring alignment with targeted asset management strategies and objectives. The position requires advising on strategies to increase ROI, minimize risk and loss, and recommending value-oriented approaches for each asset through revenue opportunity analysis and financial modelling. The Asset Management Director will leverage monthly and quarterly financial statements, business intelligence software, and analytical tools to identify portfolio underperformance against budget and market benchmarks and collaborate with relevant teams to resolve issues. Responsibilities include identifying opportunities for strategic asset expansion through partnerships and alliances, reviewing asset management policies and procedures, and conducting market research to identify trends and patterns for improved asset management practices. The role requires conducting risk analysis, overseeing financial reporting, and developing strategies to maximize asset growth while collaborating with revenue management, accounting, financial planning, and reporting departments to maximize portfolio value. The director will identify repositioning opportunities, monitor market trends, and recommend renovation, expansion, or repositioning strategies. The position requires conducting on-site visits, performing in-depth analysis of industry trends and economic drivers, maintaining industry networks, and collaborating with executives to implement strategic adjustments. The role includes providing market and leasing assumptions, participating in due diligence activities, evaluating new products and services to increase auxiliary income and operational efficiencies, conducting frequent asset inspections, and communicating improvement opportunities. The Asset Management Director will partner with senior leadership, Internal Audit, Legal, Finance, Risk and Compliance teams to address complex challenges and ensure efficient asset management and protection strategies, while participating in local industry organizations to stay informed on market trends.