Cooper Fitch Dubai

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December 17, 2018

KSA Salary Guide 2019 - Investment Management

“The Kingdom constantly seeks to make strategic investments internationally and hence has entered a number of strategic partnerships across the globe.”

KSA Salary Guide 2019 - Investment Management
Cooper Fitch Dubai
Cooper Fitch Dubai
Cooper Fitch Dubai
Cooper Fitch Dubai

Vision 2030 creates significant opportunities in the investment management space.

Vision 2030 aims to bring economic development and widen the spectrum of industries the Kingdom actively engaged in as well as to foster local innovation and entrepreneurship. The diversification program has seen a rise in activity across a broad range of industries including information technology, real estate, transportation, defence, industrial, energy, agriculture, healthcare, education, e-commerce and others. There are also some so-called “giga-projects” in the entertainment, special economic zones and tourism along with a continuous focus on the “new economy” sectors such as Digital, IoT, Robotics and so on.

Unique opportunities in the region.

The factors mentioned above create unprecedented opportunities for both local and expatriate talent and the current economic landscape in the region presents unique opportunities even when benchmarked globally. Moreover, the Kingdom constantly seeks to make lucrative investments internationally and hence has entered some strategic partnerships across the globe. This is also evident in the private sector as local groups, family offices and investment companies increasingly invest abroad across various asset classes.

Combining international subject matter expertise along with qualified Saudi talent.

Investment management entities are looking to combine international subject matter expertise and best practices along with Saudi talent. There is an increasing need for international subject matter experts on the board and advisor level for portfolio companies and newly created entities across various sectors especially the ones related to the Vision 2030. Moreover, the Vision includes a strong emphasis on an increased private sector involvement as well as investment and privatisation of a large number of Government business. Therefore, privatisation professionals have been in demand along with general investment professionals to focus on identifying new investment opportunities and asset management. There is also an increasing focus on recruiting governance, risk and compliance professionals along with internal auditors due to the increasing complexity and development of the regulatory framework.

Interpersonal skills are in the spotlight.

Organisations in the Kingdom put a greater emphasis on the candidates who can integrate with the local and business culture. More thorough assessments are being implemented to have a better grasp of the candidate's knowledge and personality both practically and theoretically as investment management professionals often have to be able to effectively communicate with investment committees and boards. Hence, interpersonal skills are in the spotlight when it comes to selection and talent management considerations.

 

TITLE

MIN

MAX

Chief Investment Officer

80,000

140,000+

Head of Asset Management

60,000

80,000+

Head of Investor Relations

50,000

65,000

VP - Placements

35,000

45,000

Fund/Portfolio Manager

35,000

47,000

VP - Asset Class Specialist

37,000

50,000

Investment Senior Associate

27,000

35,000

Investment Associate

20,000

25,000

Investment Analyst

15,000

20,000

Monthly salaries in Saudi Riyals (SAR). Salaries provided are exclusive of any bonus, guaranteed or otherwise. 

Please click here to view the full salary guide for this sector.

Viacheslav Shakhov By Viacheslav Shakhov

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