113 Portfolio Manager jobs in Saudi Arabia

About Us

Businesses are complex, and so are their workflows and challenges. Off-the-shelf AI solutions often fall short of meeting unique needs. At VisionX, we bridge this gap with deep AI expertise and an understanding of your processes, pain points, and goals. Since 2017, AI has been our core, enabling us to deliver tailored systems for businesses and customers. As innovation partners to world-leading brands and Fortune 1000 companies, we specialize in product strategy and custom application development, leveraging agile methods, accelerators, and pre-trained AI assets to fast-track your AI journey while creating Intellectual Property.

Recognized among Fast Company’s Top 10 Most Innovative Companies of 2020—alongside Microsoft and Snap Inc.—VisionX delivers cutting-edge solutions across industries. Our expertise spans computer vision, 3D modeling, AR, VR, decision sciences, and IoT, solving diverse challenges with precision and innovation. By aligning technology with your objectives, we deliver transformative solutions that drive growth.

Your Role:

As a Portfolio Manager, you will play a critical role in ensuring the successful execution of strategic initiatives that deliver measurable business value. You will be responsible for identifying, prioritizing, and managing a portfolio of projects and initiatives aligned with the organization's strategic goals. This will involve actively engaging with stakeholders, conducting data-driven analysis, and performing thorough ROI evaluations to ensure the optimal allocation of resources. You will monitor project progress, identify and mitigate risks, and proactively address challenges to ensure the successful delivery of projects within budget and on schedule.

Requirements:

1. Bachelor’s degree in business administration, Project Management, or a related field.
2. 5+ years of experience in project management, portfolio management, or a related field.
3. Proven experience in identifying, prioritizing, and managing a diverse portfolio of projects.
4. Strong analytical and problem-solving skills with the ability to analyze data and make data-driven decisions.
5. Excellent communication, presentation, and stakeholder management skills.
6. Proficiency in project management methodologies (e.g., Agile, Waterfall, PRINCE2).
7. Experience with project management software (e.g., Jira, Asana, Microsoft Project) is a plus.
8. PMP or PgMP certification is a plus.

What You Need:

1. A strong understanding of business strategy and the ability to align project portfolios with organizational goals.
2. A proactive and results-oriented approach to project management and portfolio optimization.
3. Excellent teamwork and collaboration skills.
4. A strong work ethic and the ability to work independently.
5. A commitment to continuous learning and professional development in the field of project and portfolio management.

Why Choose Us

Our global network of industry experts and mentors helps shape your growth and future. We believe in delivering client value through our work. We build products that are not good or great, but outstanding.

You deliver! We will make your stay and journey with us worthwhile.

We are an equal opportunity employer, and we value diversity. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other legally protected status.

Overview

The Portfolio Manager role focuses on deal screening/analysis, financial modeling, company valuation (multiples/DCF), transaction execution, portfolio management, IC/board material preparation, and strategic contribution toward the group’s overall strategy. The position supports the CIO in managing the group’s investment strategy and long-term objectives, and coordinates with external consultants for due diligence as required.

• Screen and evaluate investment opportunities; lead financial modeling, valuation, and due diligence process management.
• Support the CIO in managing the group’s long-term and short-term investment strategy by analyzing historical performance, portfolio company strategy, return metrics, and industry dynamics; help develop and update long-term investment objectives.
• Evaluate and prioritize a pipeline of new investment opportunities.
• Coordinate with external consultants and service providers for financial, technical, or commercial due diligence as required; conduct market research, financial analysis, modelling, and forecasting.
• Monitor portfolio progress toward group investment goals and report deviations and value-creation initiatives.
• Coordinate with the finance department to provide an investment income forecast on a quarterly basis and update forecasts based on actual results.
• Perform ad hoc tasks as assigned by the CIO.

• Conduct periodic meetings with subordinates to review progress, discuss suggestions, and take appropriate action.
• Prepare periodic reports on activities and achievements for review by the CIO.
• Identify training needs of subordinates and evaluate training outcomes.
• Conduct performance appraisals for subordinates according to scheduled plans and recommend actions as per company practices.

• Mid-Senior level

• Full-time

• Finance

• Investment Management

About Us

Businesses are complex, and so are their workflows and challenges. Off-the-shelf AI solutions often fall short of meeting unique needs. At VisionX, we bridge this gap with deep AI expertise and an understanding of your processes, pain points, and goals. Since 2017, AI has been our core, enabling us to deliver tailored systems for businesses and customers. As innovation partners to world-leading brands and Fortune 1000 companies, we specialize in product strategy and custom application development, leveraging agile methods, accelerators, and pre-trained AI assets to fast-track your AI journey while creating Intellectual Property.

Recognized among Fast Company’s Top 10 Most Innovative Companies of 2020—alongside Microsoft and Snap Inc.—VisionX delivers cutting-edge solutions across industries. Our expertise spans computer vision, 3D modeling, AR, VR, decision sciences, and IoT, solving diverse challenges with precision and innovation. By aligning technology with your objectives, we deliver transformative solutions that drive growth.

Your Role:

As a Portfolio Manager, you will play a critical role in ensuring the successful execution of strategic initiatives that deliver measurable business value. You will be responsible for identifying, prioritizing, and managing a portfolio of projects and initiatives aligned with the organization's strategic goals. This will involve actively engaging with stakeholders, conducting data-driven analysis, and performing thorough ROI evaluations to ensure the optimal allocation of resources. You will monitor project progress, identify and mitigate risks, and proactively address challenges to ensure the successful delivery of projects within budget and on schedule.

Requirements:

1. Bachelor’s degree in business administration, Project Management, or a related field.
2. 5+ years of experience in project management, portfolio management, or a related field.
3. Proven experience in identifying, prioritizing, and managing a diverse portfolio of projects.
4. Strong analytical and problem-solving skills with the ability to analyze data and make data-driven decisions.
5. Excellent communication, presentation, and stakeholder management skills.
6. Proficiency in project management methodologies (e.g., Agile, Waterfall, PRINCE2).
7. Experience with project management software (e.g., Jira, Asana, Microsoft Project) is a plus.
8. PMP or PgMP certification is a plus.

What You Need:

1. A strong understanding of business strategy and the ability to align project portfolios with organizational goals.
2. A proactive and results-oriented approach to project management and portfolio optimization.
3. Excellent teamwork and collaboration skills.
4. A strong work ethic and the ability to work independently.
5. A commitment to continuous learning and professional development in the field of project and portfolio management.

Why Choose Us

Our global network of industry experts and mentors helps shape your growth and future. We believe in delivering client value through our work. We build products that are not good or great, but outstanding.

You deliver! We will make your stay and journey with us worthwhile.

We are an equal opportunity employer, and we value diversity. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other legally protected status.

Title: Portfolio Manager

Requisition ID: 5345

Overview
Business Unit
Operations Complex
Division
King Abdullah Bin Abdul Aziz Program (KAAP)
Department
Special & Trust Funds
Country
Saudi Arabia
Location
Jeddah, Kingdom of Saudi Arabia
Job Grade
E4
Contract Type
Fixed Term
Closing Date
15-Sep-2025

Job Purpose
Lead and manage KAAP development projects (mainly Health and Education) across assigned countries—covering project identification, MoUs, stakeholder engagement, tendering, contractor/consultant selection, resource mobilization, implementation oversight, on-time completion, and hand-over.

Key Accountabilities
Strategy Development and Planning:

• Contribute to the development of strategy, work plans and KPI's for the KAAP Unit ensuring their alignment to IsDB strategies and KAAP mandates.
• Contribute to the development of policies, procedures, and guidelines for the KAAP Unit and ensure their effective implementation and compliance across all work areas by all stakeholders.
• Contribute to the preparation of Unit's annual budget ensuring all resources (human, materials and financial) are adequately provided to meet the business requirements and achieve the Unit's strategic objectives.
• Prepare and arrange to get the Agreement and Memorandum of Understanding (MoU) signed between IsDB, KAAP and the relevant Government/Authority in the target country when needed.

Project/Portfolio Management

• In coordination with the KAAP Manager and relevant stakeholders in IsDB, identify relevant development projects, around the world, to meet the existing and emerging needs of the Muslim communities in the chosen areas.
• Prepare Project Charters for the identified projects considering the quantum of investment and other resources required, clearances required from the relevant authorities/government agencies, time to complete the project and the number of people benefitting from the projects.
• Seek necessary approval from IsDB and KAAP as well as Donor to implement the project.
• Timely prepare all techno-commercial documents for the selected project and float RFP's / Tenders to obtain quotation / tender from the qualified contractors.
• Appoint Consultants to prepare project designs, oversee the project execution and obtain necessary clearances/approvals from the relevant authorities.
• Participate in the Tender Committees to evaluate the tenders/ proposals and appoint the most eligible contractors for the project.
• Prepare a Project Plan, communicate the same to the Consultant and Contractor and ensure progress of the project as per the agreed plans.
• If required, source and recruit qualified local staff and assign to the projects after providing necessary induction and training.
• Monitor the progress of the project as per the Project Plan, flag any quality or delivery issues with the Contractor and resolve the same in a timely manner to avoid delays in completing the projects.
• Ensure obtaining necessary clearances/approvals, from the relevant authorities, whenever required to ensure smooth progress of the project.
• On completion of the project, carry out necessary quality checks with the help the appointed Consultants, prepare a Snag List, share the Snag List with the Contractors and agree on rectifying the snags.
• On satisfactory completion of the project, arrange take-over and approve payments as per the contractual terms of the project.
• Arrange smooth handing over of the project to the representatives of the beneficiaries.
• Whenever necessary, prepare/manage media materials related to specific projects and/or program in general.
• Develop actions plans for the project/portfolio sustainability.

Marketing And Branding

• Strengthen the interactions with external stakeholders to improve the KAAP visibility in the world at large (when possible).
• Establish, develop and maintain a strong network of relationships with various stakeholders including government, institutions, agencies, civil Societies, NGOs, partners, philanthropic organizations, private sectors, and individuals for better branding, marketing and partnership.
• Communicate storytelling around impact of the KAAP operations.

Additional Accountabilities
Communications, reporting and documentation:

• Prepare and submit periodic reports to the KAAP/STF and Donor (the Office of King Abdullah Humanitarian Foundation) on the progress of ongoing projects, feedback on the handed over projects and any other relevant information.
• Report to KAAP/STF, any problems faced during the project implementation stage, that may require their interventions.
• Serve as the focal point and ensure that the KAAP is the resource center and organizational memory for matters related to KAAP and its activities.
• Communicate/report intended results, results achieved, performance, and lessons learnt to the IsDB Management, relevant governing bodies, Donor, partners and other key stakeholders.
• Explore/Contribute to introducing Artificial Intelligence (AI) for data collections and reporting, when needed.
• Ensuring regular, clear, and consistent communications to address the right people with the right information at the right time with right style related to KAAP portfolio while enhancing and building stakeholder confidence in data reliability.

Knowledge Sharing And Development

• Keep abreast of the development interventions being carried out by other agencies, share best practices and identify areas where IsDB and KAAP and make contributions.
• Share knowledge and experience of KAAP projects with other Units within IsDB and seek opportunities for joint collaborations.
• Coach, mentor and develop junior staff in the Unit.
• Participate in setting Unit and Individual objectives, monitor the same on regular basis and ensure achievement by all.

Academic And Professional Qualifications

• Master's in engineering, medical, or related field; PMP certification preferred
• Experience and ability to direct execute and manage developmental projects
• Minimum 10 years of experience in handling end-to-end project implementation, preferably in a multi-lateral sector, of which minimum 3 years in the managerial / supervisory role
• Languages: English: Mandatory | Arabic: Mandatory | French: Preferred

Skills & Necessary Knowledge

• Advanced Project Management skills
• Advanced knowledge of contracts and procurement management
• Planning skills and use of Planning Software
• Relationship building
• Time Management
• Cost Consciousness
• Quality Consciousness
• Focus on project details
• Report writing skills

About Application Process
If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):

• Resume/CV
• Copy of passport
• Academic certificate

The Islamic Development Bank (IsDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the IsDB does not request information on applicants' bank accounts. The IsDB declines all responsibility for the fraudulent publications of job posts or job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.

Purpose of Job
Jobholders at this level are responsible for leading work activities and working autonomously with minor direction towards predetermined long-term objectives. Jobholders oversee the implementation of operational plans and the provision of significant improvements to set policies, procedures, standards and reports. Their main operational role includes development of integration delivery management framework and project execution strategy, in addition to leading a portfolio of integration projects.

Job Responsibilities
Project Delivery

• Develop ZATCA integration delivery management framework, guidelines, governance and tools in line with best practices and ZATCA overall strategy
• Develop integration project execution strategy, objectives, timeline and budget in line with requirements
• Participate in the sourcing of needed project service providers
• Execute integration project delivery in coordination with internal/ external stakeholders in line with ZATCA project management framework, guidelines, and processes
• Assess risks caused by project changes, and recommend appropriate corrective actions and solutions

Project Monitoring

• Follow-up and track projects' overall progress and deliverables' status
• Receive and review periodic reports from the PMO team detailing project performance and feedback
• Develop reports highlighting projects' progress, milestones, challenges, and lessons learned
• Communicate results, lesson learned and needed improvement actions to top management and relevant stakeholders and follow-up proper implementation of the corrective actions

Organization and Operations

• Follow all relevant policies, processes and standard operating procedures so that work is carried out in a controlled and consistent manner
• Help in solving escalated problems and provide needed support for junior team to ensure work is carried out in an efficient manner
• Escalate complex problems to the relevant person to ensure cases/issues are closed properly
• Perform other duties as requested

People Management

• Train junior staff on the different job activities to ensure transfer of know-how, when applicable
• Provide clear direction, prioritize tasks, assign and delegate responsibility, and monitor the workflow of subordinates/ junior staff
• Support junior staff or direct reports in order to execute their duties according to set policies and processes

Job Details
Communication and Contacs
Education

• Bachelor's degree in Business Administration, or equivalent is required
• Master's degree in relevant field is preferred

Experience
A minimum of 5 years of relevant experience

Competencies
PMO Management - Advanced

Collaboration and Communication - Developing

Professionalism - Proficient

Project Management - Advanced

Results Oriented - Proficient

Customer Focus - Proficient

Quality Management - Advanced

Enablement of Change and Innovation - Developing

Negotiation and Influence - Proficient

Vendor Management - Proficient

• Project Management

• Permanent Contract

• Mid-Senior Level

• Riyadh

About Us

Egis is a leading global architectural, consulting, construction engineering, operations and mobility services firm. We create and operate intelligent infrastructure and buildings that both respond to the climate emergency and contribute to balanced, sustainable and resilient development. Our 20,500 employees operate across over 100 countries, deploying their expertise to develop and deliver cutting-edge innovations and solutions for clients. Through the wide range of our activities, we are central to the collective organisation of society and the living environment of citizens all over the world."

With 3,500 employees across 8 countries in the Middle East, Egis has delivered over 700 complex development projects, stimulating economic growth and enhancing quality of life. Ranked among the top ten firms in the Middle East by Engineering News Record (ENR), Egis is committed to sustainable development. The Group's operations in the Middle East are built on strategic acquisitions and a deep understanding of local market conditions. Egis' long history of providing comprehensive engineering, consulting, and project management services makes it a trusted partner for regional governments, investors, and developers.

About the Role

Project Brief

This PMO initiative supports the delivery of a multi-year, multi-billion-riyal capital development Programme aligned with national aviation objectives. Operating as an integrated consultancy–client team, the PMO provides strategic oversight, governance, and operational support to ensure that all projects across the national airport portfolio are delivered on time, within budget, and to the highest quality standards. The Programme encompasses portfolio management, project controls, engineering standardization, construction assurance, asset management, and governance functions, with direct engagement across multiple Operating Companies (OpCos).

Role Purpose

The Portfolio Manager leads and manages the portfolio work to plan, develop, deliver, monitor and evaluate a portfolio of strategic capital projects, to achieve project outcomes, and support achievement of strategic holding and as well as operating companies' organizational objectives. Supported by the Integrated Portfolio Management, the Portfolio Manager drives the adoption of best-practice portfolio management within P&TA. The Portfolio Manager reports to the Head of Excellence & Continuous Improvement, working in a matrix organization involving Strategic Planinng and Project Controls.

Key responsabilities

• Lead the development and oversight of a portfolio of capital projects, identifying interdependencies and leveraging resources to maximise efficiencies and achieve required organisation outcomes
• Manage the prioritisation of a portfolio of projects and develop fit for purpose methodologies to continuously refine and improve the prioritisation process.
• Develop and implement strategies and tools for the continuous monitoring and evaluation of projects, including risk and contingency management, benefits realisation, and project impact and quality measures, to identify and address issues and assess project progress and overall effectiveness.
• Develop and manage stakeholder relationships through the provision of expert advice, effective communication, negotiation and issues management to ensure stakeholders are engaged throughout the project and project deliverables are met
• Provide expert advice and information to stakeholders on emerging portfolio issues and present recommendations in line with established plans, budgets, timeframes, policy objectives and other project priorities Key challenges
• Managing complex and sensitive consultations and negotiations with diverse stakeholders, within agreed timelines, given their varying expectations, viewpoints and interests
• Work across the PMO team to achieve the portfolio planning objectives
• Work across the PMO team to support implementation and closure across a portfolio of complex projects, including preparing and supporting business cases and project plans, establishing appropriate governance, identifying, allocating and managing resources, and meeting reporting requirements, to ensure project outcomes are achieved on time, on budget, to quality standards and in line best practice project management methodology

What do we need from you

Education: Bachelor's degree in engineering, business administration or other related discipline from an accredited university.

Experience:

• 15+ years of relevant work experience (minimum 12 years with exceptional profile).
• Proven track record in protfolio management tasks on multi-billion SAR large-scale infrastructure projects – Aviation Experience is a Plus.
• Demonstrated expertise in PMO environments, preferably with exposure to governance frameworks and integrated portfolio management.
• Strong knowledge of masterplaning, engineering, procurement, contracts, construction, commissioning processes.
• International exposure; KSA / GCC experience highly preferred.

Skills:

• Strong analytical, communication, and leadership skills.
• Ability to operate at both strategic and detailed levels.
• Experience in continuous improvement, process optimization, and talent development.

What's in it for you?

What We Offer:

• Opportunity to work at the heart of KSA's aviation transformation program.
• Strategic-level role with visibility to senior leadership and decision-makers.
• Integrated and high-performance PMO environment.
• Commitment to professional growth, including exposure to international best practices.
• Contribution to Vision 2030 through localization and knowledge transfer.

Functional Duties

• The Portfolio Manager's duties will be focused on deal screening/analysis, financial modeling, company valuation (multiples/DCF), transaction execution, portfolio management, IC/board material preparation as well as strategic contribution toward the group's overall strategy.
• Supporting the CIO in managing group's long-term and short-term investment strategy through analyzing historical performance, portfolio company strategy, return metrics, and industry dynamics as well as developing/updating the long term investment objectives.
• Evaluating and prioritizing a pipeline of new investment opportunities.
• Screening investment opportunities as recommended by CIO, involving external consultants and other external service providers for financial, technical, or commercial due diligence as required for the investment opportunity. This will involve thorough market research, financial analysis, modelling, and forecasting.
• Take the lead on financial modeling, valuation and due diligence process management
• Monitoring overall portfolios' progress towards group investment goals and reports any deviations as well as value creation initiatives.
• Coordinating with the finance department, providing an investment income forecast on a quarterly basis and making necessary updates in the forecast going forward based on actual results.
• Any other ad hoc tasks assigned by the CIO

General Managerial Duties

• Conducting periodic meetings with the subordinate for reviewing progress and workflow, discussing his/her suggestions, and taking suitable actions accordingly.
• Preparing periodic reports withrespect to the activities andachievements to be submitted to the CIO for review.
• Identifying training needs of the subordinate and evaluating theoutcomes of the training courses.
• Conduct performance appraisals for the subordinate according to scheduled plansand recommend necessary actions as per the applied practices at the company.

About the Role

We are seeking a
Portfolio Manager
to join our PMO team. This role is responsible for managing and overseeing the organization's portfolio of projects and programs, ensuring they are strategically aligned, prioritized effectively, and supported with the right resources to maximize business value.

Key Responsibilities

• Lead the development and implementation of portfolio management frameworks, governance standards, and methodologies.
• Align all portfolio initiatives with the organization's strategy and priorities.
• Monitor and report portfolio performance using KPIs, dashboards, and executive reports.
• Provide strategic input to budgeting and resource allocation.
• Oversee project and program evaluation, selection, and prioritization.
• Identify and mitigate risks, dependencies, and interconnections across the portfolio.
• Collaborate with stakeholders to optimize resources and balance competing demands.
• Facilitate governance committees and portfolio review boards to support decision-making.
• Drive continuous improvement and adopt best practices in portfolio management.

Stakeholder Engagement

• Work closely with internal teams: Project Management, Strategy, Finance, and Executive Leadership.
• Liaise with external consultants and advisory partners as needed.

Qualifications

• Education:
  Bachelor's degree in Business Administration, Engineering, or a related field (Master's or MBA preferred).
• Experience:
  Minimum of 7 years in project, program, or portfolio management, with at least 5 years in a PMO leadership role.
• Strong stakeholder management and communication skills.

Department

Asset Management Department

Job Summary

The Portfolio Manager will be responsible for ensuring the efficient implementation of fund's and DPM's investment portfolio strategies and guidelines across Saudi equity market.

Principal Duties and Responsibilities

· Conduct portfolio management activities, including security selection, position sizing, and ongoing performance monitoring.

· Determine required rebalancing actions subject to established guidelines and specific asset allocation changes.

· Conduct detailed financial and sector analysis based on buy-side research team's recommendations in order to identify attractive investment opportunities.

· Analyze and assess relevant macro and micro situations and projections on different levels.

· Prepare and present performance reviews, market updates, and investment rationales to internal committees and external clients.

· Assist in trade execution while accommodating for subscriptions and redemptions cash requirements.

· Maintain strong compliance with CMA regulations, fund terms & conditions, and internal policies.

· Support sales team with relevant data and analysis and assist in creating materials used in new business pitches and client reviews including funds fact sheet.

· Assist in overlooking the general workflow within the Asset Management Department.

Skills and Competencies

· Proficient in Microsoft Office including Word, Outlook, and Excel

· Proficient in Bloomberg

· Fluent in English and Arabic

· Excellent communication and report-writing skills, with the ability to present ideas clearly and concisely

Education and Experience Required

· Bachelor's degree in Finance, Economics, Accounting, or a related field

· Master's degree or progress towards completing the CFA charter is preferred but not required

· Minimum 5 years of experience in portfolio management, buy-side equity research, or investment analysis

Reporting Line

Head of Asset Management