# Senior Director - Racecourse Assets - INV-046 CM > Qiddiya Investment Company · Riyadh, Saudi Arabia · — · Posted 2026-06-07 **Workplace:** on_site **Department:** Asset Management ## Description As part of Qiddiya City's development pipeline, Qiddiya Investment Company is advancing a major equestrian and racecourse offering expected to become a flagship sports and lifestyle asset within the destination. With the operating model, event strategy, and business plans being refined, 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 Executive Director will work across Strategy, Development, Finance, Operational Readiness, Commercial, and third-party operators to optimise performance, govern operator delivery, and ensure QIC retains control over revenue strategy, programming, customer experience, partnerships, brand positioning, and long-term value creation across the equestrian racecourse asset. Key Responsibilities: 1\. Strategic Leadership: \- Lead the owner-side asset management strategy for the equestrian racecourse asset in alignment with QIC's objectives, pre-opening priorities, and long-term value creation agenda. \- 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 to ensure QIC retains decision-making authority over key commercial, customer, and brand levers. 2\. Relationship Management: \- 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 for the equestrian racecourse asset. \- Ensure strong collaboration across Development, Strategy, Finance, and Operational Readiness to integrate asset management requirements through design, mobilisation, and pre-opening. 3\. Performance Monitoring: \- Oversee operator performance for the equestrian racecourse asset, 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 to drive continuous improvement and protect long-term value. 4\. Financial Oversight: \- Review and challenge operator business plans, budgets, and forecasts to ensure commercial robustness and alignment with owner expectations. \- Drive achievement of financial targets, with a 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. \- Support reporting and recommendations for executive stakeholders on asset performance, commercial outlook, and investment implications. 5\. Customer Experience: \- Champion best-in-class customer experience across race days, equestrian events, hospitality, premium offerings, and venue journeys. \- Ensure customer experience requirements are embedded into operator mobilisation, design-stage input, and readiness planning. \- Monitor customer satisfaction and guest performance metrics, ensuring experiences are safe, distinctive, and brand-consistent. \- Support service standards across permanent operations and major equestrian event periods. 6\. Commercial, Marketing and Partnerships: \- Work with internal and external stakeholders to optimise revenue, sponsorship, partnerships, branding, and ancillary monetisation across the equestrian racecourse asset. \- Shape event calendar strategy and utilisation plans to maximise visitation, yield, market positioning, and repeat demand. \- Monitor market trends, benchmark competing racecourses and equestrian venues, and identify strategic growth opportunities. 7\. Team Leadership: \- Build and lead a high-performing owner-side equestrian asset management capability aligned with asset priorities and mobilisation requirements. \- Coordinate closely with operator teams while avoiding duplication of delivery roles and ensuring QIC capability and institutional knowledge are strengthened over time. \- Mentor team members and foster a high-performance, commercially focused asset management culture. \- Provide owner-side leadership on mobilisation, governance, and escalation of key risks and decisio ## 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 ## Apply [Apply at Qiddiya Investment Company](https://apply.workable.com/qiddiya-investment-company-1/j/576307D1B8/apply) --- Powered by [Workable](https://www.workable.com)