Senior Portfolio Manager - Alternative Assetsnew

About ENBD 

Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million customers. Emirates NBD is the leading financial services brand in the UAE with a Brand value of approximately USD 4 billion. We serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches. We also operate Liv, the lifestyle digital bank by Emirates NBD. With over half a million users, it continues to be the fastest-growing digital bank in the region.

Job Overview:

As a Senior Portfolio Manager - Alternative Assets at Emirates NBD, your role is to support the identification, assessment, underwriting and execution of real estate acquisitions and disposals across the funds and mandates managed by the Real Estate team within Alternative Assets, including ENBD REIT and the private real estate funds platform. The job holder leads the analytical workstream on transactions — market research, financial modelling and returns analysis, due diligence coordination, and preparation of Investment Committee and Board submissions — and runs the internal approval process, coordinating deal structuring with the product / fund structuring team and securing sign-off from group governance, risk, compliance and Shari'a. The role works under the supervision of the Head of Real Estate but is expected to self-manage workload across a live pipeline. As a DFSA-regulated manager, all work must comply with the DFSA Collective Investment Rules and international best practice for real estate funds. Following completion, the job holder supports clean handover of assets to the asset management function. Real estate investment is cyclical; during quieter transactional periods the role supports portfolio analysis, valuations and reporting.

Key Responsibilities: 

• Build and maintain cash-flow and returns models (levered / unlevered IRR, equity multiple, yield-on-cost, exit and sensitivity analysis)

• Research markets, comparables and pricing

• Prepare Investment Committee and Board submissions
• Appoint and manage valuers, lawyers, engineers and other specialists

• Track and resolve matters arising

• Synthesise findings into a clear recommendation

• Coordinate acquisition / disposal structuring with the product / fund structuring team (SPVs, fund perimeter, financing)

• Obtain sign-off from risk, compliance and Shari'a

• Support Shari'a screening and structuring of transactions

• Maintain the deal pipeline tracker

• Monitor market activity, comparable transactions and opportunities

• Support transfer of leases, authorities and documentation

• Contribute to the initial asset business plan

Skills and Experience: 

• MBA, CA, or Engineering degree
• Approximately 15 years of experience in Mergers & Acquisitions (M&A), Investment Banking, Asset Management, or Private Equity
• Strong background in direct deal execution, private equity investments, and transaction management
• Expertise in financial modelling, valuation, due diligence, and investment analysis
• Experience in deal origination, structuring, and transaction documentation, including legal and commercial aspects
• Advanced proficiency in Excel and PowerPoint, with strong presentation and stakeholder management skills
• Proven ability to prepare investment papers, business cases, and deal presentations

There’s never been a better time to join Emirates NBD. 

We’re one of the region’s most recognisable brands. We’re banking innovation leaders. We’re growing across both the UAE and our global offices. We offer a huge range of professional development opportunities to accelerate your career. It also goes without saying that we provide extremely competitive rewards, benefits and perks too, like our flexible work policy so you can work from home whenever it suits.

At ENBD, we encourage interested candidates to review the key responsibilities and qualifications for each role and apply for positions that match their skills and capabilities.