Senior Director - Racecourse Assets - INV-046 CM
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Key skills for this role
About the Role
Qiddiya Investment Company is seeking an Executive Director for Equestrian Racecourse Asset Management to lead owner-side strategy, operator governance, and commercial performance for a major equestrian and racecourse asset.
Key Skills for This Role
Responsibilities
- Lead the owner side asset management strategy for the equestrian racecourse asset in alignment with QIC's objectives
- Define strategic objectives, commercial frameworks, and operating principles for race days, equestrian events, training, hospitality, and ancillary activation
- Support operator selection, business plan challenge, and operating model development
- Build and maintain effective relationships with internal stakeholders, third party operators, advisors, governing bodies, event promoters, and commercial partners
- Oversee operator performance, ensuring delivery against contractual obligations, KPIs, SLAs, and QIC strategic objectives
- Establish and monitor performance dashboards covering revenue, profitability, utilisation, attendance, customer experience, and readiness milestones
- Review and challenge operator business plans, budgets, and forecasts to ensure commercial robustness
- Drive achievement of financial targets with focus on sustainable revenue growth, EBITDA delivery, and efficient asset utilisation
- Champion best in class customer experience across race days, equestrian events, hospitality, and premium offerings
- Optimise revenue, sponsorship, partnerships, branding, and ancillary monetisation across the asset
- Build and lead a high performing owner side equestrian asset management capability
Requirements
- Bachelor's degree in business, finance, real estate, sport management, hospitality, equine management, or related discipline
- Strong experience in equestrian, racecourse, venues, entertainment, leisure, or major event asset management and operations
- Experience in pre opening, operator mobilisation, business planning, and owner side governance of complex destination assets
- 10+ years of relevant experience in asset management, venue operations, equestrian, sports, entertainment, leisure, or related sectors
- 5+ years in a leadership role with accountability for commercial performance, operator oversight, or major asset delivery
Full Job Posting
Role Overview
- As part of Qiddiya City's development pipeline, Qiddiya Investment Company is advancing a major equestrian and racecourse offering.
- The Executive Director Equestrian Racecourse Asset Management will play a critical owner side role in shaping the operating platform, protecting long term value, and positioning the asset for successful mobilisation and sustained performance.
- The role works across Strategy, Development, Finance, Operational Readiness, Commercial, and third party operators.
Key Responsibilities
- Lead the owner side asset management strategy for the equestrian racecourse asset.
- Define strategic objectives, commercial frameworks, and operating principles for race days, equestrian events, training, hospitality, ancillary activation, and non event utilisation.
- Support operator selection, business plan challenge, and operating model development.
- Build and maintain effective relationships with internal stakeholders, third party operators, advisors, governing bodies, event promoters, and commercial partners.
- Act as the key owner side point of contact on operational, commercial, and asset performance matters.
- Oversee operator performance, ensuring delivery against contractual obligations, KPIs, SLAs, and QIC strategic objectives.
- Establish and monitor performance dashboards covering revenue, profitability, utilisation, attendance, race day delivery, customer experience, equine welfare, safety, compliance, and readiness milestones.
- Lead regular performance reviews, audits, and corrective action plans.
- Review and challenge operator business plans, budgets, and forecasts.
- Drive achievement of financial targets with focus on sustainable revenue growth, EBITDA delivery, and efficient asset utilisation.
- Analyse operating data and financial results to identify upside opportunities, performance risks, and value enhancement initiatives.
- Champion best in class customer experience across race days, equestrian events, hospitality, premium offerings, and venue journeys.
Requirements
- Bachelor's degree in business, finance, real estate, sport management, hospitality, equine management, or a related discipline.
- Strong experience in equestrian, racecourse, venues, entertainment, leisure, or major event asset management and operations.
- Experience in pre opening, operator mobilisation, business planning, and owner side governance of complex destination assets.
- Relevant professional certifications or memberships in asset management, project management, finance, hospitality, sports management, or equestrian related disciplines are preferred.
- 10+ years of relevant experience in asset management, venue operations, equestrian, sports, entertainment, leisure, or related sectors.
- 5+ years in a leadership role with accountability for commercial performance, operator oversight, or major asset delivery.
- Experience in the GCC or wider MENA region preferred, with demonstrated ability to operate in complex, high growth development environments.
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