Associate Director – Asset Management at Red Sea Global in Riyadh, Saudi Arabia | Kablio

Role

Description

asset strategy

financial monitoring

performance reporting

compliance management

capital planning

stakeholder negotiations

Contribute to long-term asset management strategy in alignment with Red Sea Global’s corporate objectives.
Act as a “player-coach,” managing flagship assets while guiding junior asset managers.
Partner with development, finance, and sustainability teams to ensure seamless transition of new projects into operations.
Navigating complex stakeholder dynamics in a high-value investment environment.
Supporting board-level reporting requirements.
Drive departmental standards, knowledge-sharing, and continuous improvement across the asset management function.
Drive repositioning, renovation, and capital improvement strategies with measurable ROI.
Oversee pre-opening support, handovers, and implementation of operational best practices.
Review, challenge, and approve annual business plans, budgets, and capex proposals.
Monitor financial and operational performance of assigned assets, ensuring delivery against budgets and KPIs.
Handles sensitive, confidential matters with discretion and integrity.
Lead negotiations of hotel management agreements, leases, and performance clauses to maximize owner value.
Associate Director – Asset Management will be responsible for overseeing a defined portfolio of hospitality and real estate assets, striking a balance between strategic leadership and hands-on operational oversight. The role ensures operators deliver on financial, operational, and RSG objectives while driving long-term asset value creation.
Operating as both a senior asset manager and departmental leader, the Associate Director will manage complex, high-profile assets, mentor junior team members, and support the Director of Asset Management in shaping and executing portfolio-wide strategies.
Conduct quarterly performance reviews with operators, with documented action plans.
Provide accurate and timely reporting to senior leadership and JV partners.
Mentor and develop junior team members in financial analysis, operator engagement, and reporting.
Advise senior leadership on portfolio trends, risks, and opportunities for value enhancement.
Represent ownership in high-level discussions with operators, JV partners, and key stakeholders.
Ensure contract compliance with hotel management agreements and brand standards.

Requirements

financial modeling

bachelor's

10+ years

leadership

contract negotiation

hotel market

Strong executive presence, high energy, and enthusiasm for the business.
Proven success in contract negotiations and operator relationship management.
Knowledge of international hotel brands, operator models, and regional GCC/Red Sea market dynamics.
Strong expertise in financial modeling, valuation, and performance analysis.
Bachelor’s degree in Finance, Business Administration, Real Estate, or related field.
10–12 years of progressive experience in hospitality asset management, hotel operations, or real estate investment.
Minimum 5 years in a leadership role with exposure to luxury hotels and mixed-use assets.
Excellent communication and interpersonal skills to engage with senior stakeholders and third parties.
Strong analytical, problem-solving, and financial modelling skills.

Benefits

Information not given or found

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

28,000 km² Area

Red Sea Project Expansion

The Red Sea Project spans a massive 28,000 square kilometers, showcasing extensive development plans.

50 Resorts

Development Ambition

Plans to develop 50 resorts by 2030, spread across a vast archipelago and desert terrains.

SAR 14B Credit

Financial Backing

A significant financial credit facility of 14 billion Saudi Riyals supports expansion efforts.

Evolved from The Red Sea Development Company into a global multi-destination developer.
Weaves luxury resorts into an archipelago of over 90 islands and desert terrains.
Opened its first resort in 2023 and the bespoke Red Sea International Airport.
Additional resorts like Desert Rock and Sheybarah opened in 2024.
AMAALA, focused on wellness and yachting, debuts its first phase in 2025.
Thuwal Private Retreat launched in 2024 as an ultra-exclusive getaway.
Operates across sectors including hospitality, transport, healthcare, and services.
Features overwater villas, a carbon-neutral 5G network, and sustainable building practices.
Restores coral reefs and mangroves, preserving 22 of 92 islands as conservation zones.
Partners with luxury brands like Four Seasons and Six Senses.

Culture + Values

Responsibility – We take responsibility for the natural environment, aiming to preserve, protect, and enhance it
Responsibility – We help in increasing opportunities, both within the communities where we operate and across Saudi Arabia
Responsibility – We are proud to be at the forefront of the responsible tourism industry
Collaboration – We communicate, share knowledge and work together in multi‑diverse cultural environment. We work hand in hand with our stakeholders and partners to succeed
Collaboration – We embrace opportunities to learn and develop skills from our colleagues
Collaboration – We believe that by coming together as a team, we can achieve the best outcomes for our company and the country
Collaboration – We affiliate with like‑minded partners and suppliers to achieve Red Sea Global’s ambitious goals
Passion – We are passionate about achieving results with excellence
Passion – We continually go beyond what is expected of us, to achieve the best outcomes
Passion – We strive every day to achieve the ambitious targets of our company
Passion – We are passionate about Saudi Arabia and the opportunity to showcase the culture of warm hospitality to the world
Respect – Respect is at the center of everything we do and is the beating heart of our values
Respect – We treat all of our colleagues with respect and embrace different backgrounds and perspectives
Respect – We have a deep respect for the natural environment and are committed to protecting it for future generations
Respect – We respect the culture and heritage of Saudi Arabia

Environment + Sustainability

1 million tCO₂eq

Annual Emission Avoidance

Reduction in greenhouse gas emissions achieved through renewable utilities across the destination.

7.5 million plants

Plants Nurtured

A large-scale regional nursery has nurtured over 7.5 million plants, contributing to green spaces and biodiversity.

575,000 tCO₂eq/year

CO₂ Reduction

Carbon emissions avoided annually through LEED-certified properties in Phase One of the development.

1,000 EV stations

EV Infrastructure Expansion

Plans to install 1,000 electric vehicle charging stations by 2025, supporting sustainable transport initiatives.

Constructed wetlands treating wastewater across 8.3 ha and repurposing 3,000 m³/day for irrigation in nursery
Mangrove nursery: 600,000 seedlings planted at four sites; part of wider 50 million-tree by 2030 ambition
Red Sea International Airport is the Gulf's first to operate on 24/7 solar power
Targeting 30% net conservation benefit across development areas by 2040
Avoiding 1 million tCO₂eq emissions annually through renewable utilities; projected 5 million tCO₂eq reduction by 2030 including AMAALA
Largest regional landscape nursery (100+ ha): 7.5 million plants nurtured (1.7 m home-propagated; 1.6 m planted in-destination)
Seven LEED certifications (Platinum & Gold) across properties, avoiding 575,000 tCO₂eq/year for Phase One; AMAALA to avoid further 350,000 tCO₂eq/year
Sustainable transport infrastructure: 167+ EV charging stations (planned 1000 by 2025), EV fleet of 100+, including buses

Inclusion & Diversity

3 300+ Employees

Employee Recruitment & Development

Recruited 3 300+ employees and delivered approximately 74 000 hours of training, with 50+ graduates completing an elite programme.

Launched 'Jewar' two-way app for local community engagement, feedback and opportunity sharing.
Volunteer initiative engaged 200+ participants in mangrove planting and beach clean-ups.
Gender breakdown: (if available data, otherwise omitted due to no public figures found on website/LinkedIn)

Articles

Our Projects

Careers

Sustainability

Role

Description

asset strategy

financial monitoring

performance reporting

compliance management

capital planning

stakeholder negotiations

Contribute to long-term asset management strategy in alignment with Red Sea Global’s corporate objectives.
Act as a “player-coach,” managing flagship assets while guiding junior asset managers.
Partner with development, finance, and sustainability teams to ensure seamless transition of new projects into operations.
Navigating complex stakeholder dynamics in a high-value investment environment.
Supporting board-level reporting requirements.
Drive departmental standards, knowledge-sharing, and continuous improvement across the asset management function.
Drive repositioning, renovation, and capital improvement strategies with measurable ROI.
Oversee pre-opening support, handovers, and implementation of operational best practices.
Review, challenge, and approve annual business plans, budgets, and capex proposals.
Monitor financial and operational performance of assigned assets, ensuring delivery against budgets and KPIs.
Handles sensitive, confidential matters with discretion and integrity.
Lead negotiations of hotel management agreements, leases, and performance clauses to maximize owner value.
Associate Director – Asset Management will be responsible for overseeing a defined portfolio of hospitality and real estate assets, striking a balance between strategic leadership and hands-on operational oversight. The role ensures operators deliver on financial, operational, and RSG objectives while driving long-term asset value creation.
Operating as both a senior asset manager and departmental leader, the Associate Director will manage complex, high-profile assets, mentor junior team members, and support the Director of Asset Management in shaping and executing portfolio-wide strategies.
Conduct quarterly performance reviews with operators, with documented action plans.
Provide accurate and timely reporting to senior leadership and JV partners.
Mentor and develop junior team members in financial analysis, operator engagement, and reporting.
Advise senior leadership on portfolio trends, risks, and opportunities for value enhancement.
Represent ownership in high-level discussions with operators, JV partners, and key stakeholders.
Ensure contract compliance with hotel management agreements and brand standards.

Requirements

financial modeling

bachelor's

10+ years

leadership

contract negotiation

hotel market

Strong executive presence, high energy, and enthusiasm for the business.
Proven success in contract negotiations and operator relationship management.
Knowledge of international hotel brands, operator models, and regional GCC/Red Sea market dynamics.
Strong expertise in financial modeling, valuation, and performance analysis.
Bachelor’s degree in Finance, Business Administration, Real Estate, or related field.
10–12 years of progressive experience in hospitality asset management, hotel operations, or real estate investment.
Minimum 5 years in a leadership role with exposure to luxury hotels and mixed-use assets.
Excellent communication and interpersonal skills to engage with senior stakeholders and third parties.
Strong analytical, problem-solving, and financial modelling skills.

Benefits

Information not given or found

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

28,000 km² Area

Red Sea Project Expansion

The Red Sea Project spans a massive 28,000 square kilometers, showcasing extensive development plans.

50 Resorts

Development Ambition

Plans to develop 50 resorts by 2030, spread across a vast archipelago and desert terrains.

SAR 14B Credit

Financial Backing

A significant financial credit facility of 14 billion Saudi Riyals supports expansion efforts.

Evolved from The Red Sea Development Company into a global multi-destination developer.
Weaves luxury resorts into an archipelago of over 90 islands and desert terrains.
Opened its first resort in 2023 and the bespoke Red Sea International Airport.
Additional resorts like Desert Rock and Sheybarah opened in 2024.
AMAALA, focused on wellness and yachting, debuts its first phase in 2025.
Thuwal Private Retreat launched in 2024 as an ultra-exclusive getaway.
Operates across sectors including hospitality, transport, healthcare, and services.
Features overwater villas, a carbon-neutral 5G network, and sustainable building practices.
Restores coral reefs and mangroves, preserving 22 of 92 islands as conservation zones.
Partners with luxury brands like Four Seasons and Six Senses.

Culture + Values

Responsibility – We take responsibility for the natural environment, aiming to preserve, protect, and enhance it
Responsibility – We help in increasing opportunities, both within the communities where we operate and across Saudi Arabia
Responsibility – We are proud to be at the forefront of the responsible tourism industry
Collaboration – We communicate, share knowledge and work together in multi‑diverse cultural environment. We work hand in hand with our stakeholders and partners to succeed
Collaboration – We embrace opportunities to learn and develop skills from our colleagues
Collaboration – We believe that by coming together as a team, we can achieve the best outcomes for our company and the country
Collaboration – We affiliate with like‑minded partners and suppliers to achieve Red Sea Global’s ambitious goals
Passion – We are passionate about achieving results with excellence
Passion – We continually go beyond what is expected of us, to achieve the best outcomes
Passion – We strive every day to achieve the ambitious targets of our company
Passion – We are passionate about Saudi Arabia and the opportunity to showcase the culture of warm hospitality to the world
Respect – Respect is at the center of everything we do and is the beating heart of our values
Respect – We treat all of our colleagues with respect and embrace different backgrounds and perspectives
Respect – We have a deep respect for the natural environment and are committed to protecting it for future generations
Respect – We respect the culture and heritage of Saudi Arabia

Environment + Sustainability

1 million tCO₂eq

Annual Emission Avoidance

Reduction in greenhouse gas emissions achieved through renewable utilities across the destination.

7.5 million plants

Plants Nurtured

A large-scale regional nursery has nurtured over 7.5 million plants, contributing to green spaces and biodiversity.

575,000 tCO₂eq/year

CO₂ Reduction

Carbon emissions avoided annually through LEED-certified properties in Phase One of the development.

1,000 EV stations

EV Infrastructure Expansion

Plans to install 1,000 electric vehicle charging stations by 2025, supporting sustainable transport initiatives.

Constructed wetlands treating wastewater across 8.3 ha and repurposing 3,000 m³/day for irrigation in nursery
Mangrove nursery: 600,000 seedlings planted at four sites; part of wider 50 million-tree by 2030 ambition
Red Sea International Airport is the Gulf's first to operate on 24/7 solar power
Targeting 30% net conservation benefit across development areas by 2040
Avoiding 1 million tCO₂eq emissions annually through renewable utilities; projected 5 million tCO₂eq reduction by 2030 including AMAALA
Largest regional landscape nursery (100+ ha): 7.5 million plants nurtured (1.7 m home-propagated; 1.6 m planted in-destination)
Seven LEED certifications (Platinum & Gold) across properties, avoiding 575,000 tCO₂eq/year for Phase One; AMAALA to avoid further 350,000 tCO₂eq/year
Sustainable transport infrastructure: 167+ EV charging stations (planned 1000 by 2025), EV fleet of 100+, including buses

Inclusion & Diversity

3 300+ Employees

Employee Recruitment & Development

Recruited 3 300+ employees and delivered approximately 74 000 hours of training, with 50+ graduates completing an elite programme.

Launched 'Jewar' two-way app for local community engagement, feedback and opportunity sharing.
Volunteer initiative engaged 200+ participants in mangrove planting and beach clean-ups.
Gender breakdown: (if available data, otherwise omitted due to no public figures found on website/LinkedIn)

Articles

Our Projects

Careers

Sustainability