Asset Management Director - Governance
Job Description and Requirements
Asset Management Director - GovernanceJob Snapshot
Role: Asset Management Director - Governance
Location: Riyadh, Saudi Arabia
Industry: Facilities Services
Function: Business-Strategic Management
Experience: Minimum 20 years of relevant asset management, infrastructure operations, or governance experience
Job Type: Full-time
Position Overview
Asset Management Director - Governance in Riyadh, Saudi Arabia is a senior Facilities Services opportunity responsible for establishing unified asset management policies, governance controls, ISO 55001-aligned frameworks, operator performance standards, ESG integration, and asset vesting requirements across a complex city-scale portfolio. Parsons is hiring an experienced governance leader to ensure utilities, transport networks, public realm, attractions, sports facilities, residential communities, and other major assets are managed through consistent lifecycle, compliance, data, and operational standards.
Job Details
Country: Saudi Arabia
City: Riyadh
Industry: Facilities Services
Function: Business-Strategic Management
Salary: 60000-80000
Estimated salary range based on similar jobs in the job city; please confirm the final offer
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
The Asset Management Director - Governance will provide city-wide leadership over the standards, policies, controls, and assurance mechanisms that govern infrastructure throughout its operating lifecycle. Rather than managing individual assets directly, the role will establish a consistent framework covering registration, condition assessment, risk evaluation, maintenance planning, operator accountability, ESG requirements, and eventual retirement or disposal. The position will help prevent fragmented practices while improving financial sustainability, asset preservation, operational transparency, and long-term portfolio performance.
Key Responsibilities
* Develop and enforce a city-wide asset management framework aligned with ISO 55001 principles.
* Establish consistent lifecycle processes covering asset registration, condition assessment, risk evaluation, maintenance planning, renewal, and disposal.
* Apply common governance requirements across diverse asset classes including utilities, roads, public realm, attractions, sports facilities, residential communities, and district infrastructure.
* Define minimum asset management standards that all operating entities must follow.
* Author and maintain asset management policies, procedures, standards, guidelines, and governance manuals.
* Establish documentation requirements for asset-owning and operating organizations.
* Define mandatory data capture, reporting, inspection, condition, and maintenance requirements.
* Prevent fragmented asset management practices by implementing common controls and approval mechanisms.
* Establish governance responsibilities across technical, operational, commercial, and asset-owning teams.
* Develop assurance processes to verify compliance with approved asset management policies.
* Maintain clear accountability for lifecycle decision-making across departments and operators.
* Establish contractual governance frameworks for third-party operators, utility providers, facility managers, and international operating partners.
* Define asset preservation obligations within operator agreements.
* Set standards covering structural integrity, performance, safety, appearance, maintenance execution, and asset condition.
* Establish Service Level Agreement monitoring frameworks linked to measurable asset outcomes.
* Develop operator KPIs covering asset condition, preventive maintenance, reliability, compliance, and lifecycle performance.
* Conduct periodic governance reviews and technical audits of operator performance.
* Assess whether maintenance activities are protecting long-term asset value.
* Identify repeated SLA failures and recommend structured remediation measures.
* Coordinate with Legal and Commercial teams when operator non-compliance requires escalation or contractual action.
* Support implementation of penalties, corrective action plans, or other remedies when asset preservation standards are not achieved.
* Develop consistent reporting formats for operator asset performance.
* Embed Environmental, Social, and Governance requirements within asset management policies and operating procedures.
* Ensure asset strategies support energy efficiency, water conservation, resource efficiency, and sustainable materials use.
* Work with ESG and Sustainability teams to translate corporate commitments into asset-level operating requirements.
* Require technical specialists and operators to collect reliable environmental performance information.
* Establish reporting requirements for energy consumption, water use, emissions, waste, and other relevant operational indicators.
* Support implementation of resource-efficiency policies across public realm and infrastructure assets.
* Promote appropriate use of Treated Sewage Effluent for irrigation where required by project policy.
* Ensure ESG data generated by asset operations is suitable for corporate reporting and assurance.
* Align asset governance requirements with relevant regulatory and sustainability obligations.
* Develop the Stage-Gate governance model for transitioning completed assets from construction into operations.
* Define legal, technical, safety, quality, documentation, and operational readiness criteria for asset vesting.
* Chair or participate in Stage-Gate and asset vesting committees.
* Verify that assets meet governance requirements before transfer to City Operations or Asset Management teams.
* Ensure maintenance strategies are prepared and approved before operational handover.
* Confirm that technical records, warranties, certifications, manuals, and as-built information are complete before acceptance.
* Ensure asset data is correctly onboarded into enterprise systems prior to formal vesting.
* Prevent premature transfer of assets that do not meet defined acceptance criteria.
* Maintain governance throughout the transition from construction-focused delivery to steady-state city operations.
* Monitor asset onboarding across communities, infrastructure systems, destination assets, and operational facilities.
* Establish transparent approval records for each asset transition.
* Coordinate governance interfaces with Engineering, Operations, Commercial, Legal, Finance, Sustainability, and Digital teams.
* Review asset management plans prepared by operators and specialist service providers.
* Assess whether asset strategies adequately address lifecycle risk, operational resilience, and long-term cost.
* Establish asset governance KPIs and executive dashboards.
* Report significant compliance gaps, operational risks, and governance weaknesses to senior leadership.
* Support management reviews with clear evidence on asset performance and operator compliance.
* Maintain audit-ready records of governance decisions and assurance activities.
* Lead continuous improvement of asset governance policies and procedures.
* Capture lessons learned from asset handover, operator performance, audits, and lifecycle reviews.
* Benchmark governance practices against international asset management standards.
* Promote a consistent asset management culture across all city operating entities.
* Provide executive guidance on governance matters affecting long-term asset integrity and financial sustainability.
Ideal Profile
* Bachelor\'s degree in Engineering, Asset Management, Business Management, or a related discipline.
* Master\'s degree is preferred.
* Minimum 20 years of relevant experience in asset management, infrastructure operations, corporate governance, or complex operational environments.
* Proven experience implementing and enforcing ISO 55001-aligned asset management systems.
* Strong background governing diverse infrastructure and property asset portfolios.
* Demonstrated experience developing asset management frameworks, policies, procedures, and assurance controls.
* Proven capability governing third-party operators and major service providers.
* Strong experience defining and monitoring SLAs, KPIs, asset preservation standards, and operator compliance requirements.
* Experience conducting performance reviews, governance audits, and technical assurance assessments.
* Strong understanding of lifecycle asset management and long-term asset preservation.
* Experience integrating ESG requirements into operational and asset management frameworks.
* Working knowledge of sustainability reporting and environmental performance metrics.
* Proven involvement in construction-to-operations asset handover and vesting processes.
* Experience defining operational readiness and Stage-Gate acceptance criteria.
* Strong understanding of enterprise asset data requirements and governance.
* Institute of Asset Management certification or equivalent is highly desirable.
* ISO 55001 practitioner or Lead Implementer qualification would be advantageous.
* Additional project management, governance, or risk qualifications are beneficial.
* Strong executive communication and stakeholder management skills.
* Ability to influence operators, technical directors, commercial teams, legal specialists, and senior management.
* Strong analytical capability for identifying governance weaknesses and systemic asset risks.
* Ability to establish clear standards across large and diverse operating organizations.
* Strong commercial awareness in relation to SLAs, operator obligations, penalties, and lifecycle performance.
* High level of governance discipline, integrity, and attention to evidence-based decision-making.
Skills Set
* Asset Management Governance
* ISO 55001
* Asset Management Frameworks
* Asset Management Policies
* Asset Management Procedures
* Asset Lifecycle Management
* Asset Registration
* Asset Condition Assessment
* Asset Risk Management
* Maintenance Planning
* Asset Retirement
* Asset Disposal
* Asset Preservation
* Infrastructure Governance
* City Operations Governance
* Operator Governance
* Service Level Agreements
* SLA Management
* SLA Compliance
* Operator Performance Management
* Asset Performance KPIs
* Technical Auditing
* Governance Audits
* Compliance Monitoring
* Contractual Governance
* Remediation Planning
* Performance Escalation
* ESG Integration
* Sustainability Governance
* Energy Efficiency
* Water Conservation
* Environmental Performance Reporting
* Waste Reporting
* Emissions Reporting
* Treated Sewage Effluent
* Resource Efficiency
* Stage-Gate Governance
* Asset Vesting
* Operational Readiness
* Construction-to-Operations Transition
* Asset Handover
* Enterprise Asset Data
* Asset Data Governance
* Asset Documentation
* Maintenance Strategy
* As-Built Documentation
* Warranty Management
* Lifecycle Compliance
* Asset Assurance
* Executive Dashboards
* Governance Reporting
* Risk Reporting
* Regulatory Compliance
* Continuous Improvement
* Lessons Learned
* Business-Strategic Management
* Stakeholder Management
* Policy Development
* Governance Controls
Why Join Us
This position offers the opportunity to establish the governance architecture behind one of Riyadh\'s most complex asset portfolios, influencing how city infrastructure is operated, preserved, measured, and transitioned over its entire lifecycle. The role provides significant executive-level exposure to asset management, ESG, contractual governance, operator performance, lifecycle assurance, and Stage-Gate handover. For an experienced asset professional, it offers the chance to create standards that can shape operational consistency and financial sustainability across a major Saudi giga-project for decades.
About the Company
Parsons Corporation delivers engineering, infrastructure, program management, technology, and operational advisory solutions for major developments worldwide. In Saudi Arabia, Parsons supports giga-projects, urban infrastructure, utilities, transportation, public realm, and complex operational programs through multidisciplinary engineering, asset management, governance, digital systems, and long-term project delivery expertise.



