Asset Management / ISO 55001 Lead

Applus+ Velosi KSA; Al Khobar; On-site; SAR 600,000 - 1,000,000; Full time

Job summary

Duruper is seeking an experienced Asset Management / ISO 55001 Lead to develop and lead integrated asset management assessment frameworks for transmission utility assets. The role focuses on evaluating policies, strategies, governance and lifecycle processes in line with ISO principles.

The candidate will drive gap assessments, asset health and risk models, lifecycle costing and strategic roadmaps to enhance asset performance, reliability and lifecycle value.

Qualifications

• Bachelor's degree in Mechanical, Electrical, Civil Engineering or a related engineering discipline.
• Minimum 15 years of professional experience in asset management, preferably within power transmission utilities.
• Strong working knowledge of ISO 55000 / ISO 55001 asset management standards and implementation principles.
• Proven experience in asset lifecycle management, including planning, design, procurement, construction, commissioning, operations, maintenance and renewal.
• Experience developing asset policies, strategies, governance frameworks and asset management objectives.
• Relevant professional certification such as IAM Certificate/Diploma or ISO 55001 Lead Auditor/Implementer; CMRP is a plus.

Responsibilities

• Translate Scope of Work requirements into an integrated asset management assessment framework.
• Review asset management policies, strategies, objectives, governance structures and decision-making responsibilities.
• Develop and assess asset hierarchy, criticality methodology, asset health index and risk assessment matrices.
• Establish lifecycle-costing frameworks and risk-based investment prioritisation models.
• Review maintenance strategies and asset lifecycle processes across design, procurement, construction, commissioning, operations, maintenance and renewal.
• Evaluate asset portfolio health, performance, risk exposure and maintenance effectiveness.
• Lead ISO 55000/55001-based asset management gap assessments.
• Identify improvement opportunities and develop implementation roadmaps aligned with international asset management principles.
• Facilitate workshops and discussions with senior management, engineering, maintenance and operations teams.
• Present assessment findings, recommendations and strategic improvement plans to stakeholders.

Skills

Asset management

ISO 55001

Risk assessment

Lifecycle costing

Asset health indexing

Policy development

Workshop facilitation

Education

Bachelor's degree in Mechanical, Electrical, Civil Engineering or related engineering discipline

Job description

Job Summary

We are looking for an experienced Asset Management / ISO 55001 Lead to develop and lead integrated asset management assessment frameworks for transmission utility assets. The candidate will evaluate asset management policies, strategies, governance, lifecycle processes and investment decisions in alignment with ISO 55000/55001 principles. The role involves leading asset management gap assessments, developing asset health and risk models, establishing lifecycle-costing methodologies and preparing strategic improvement roadmaps to enhance asset performance, reliability and lifecycle value.

Roles & Responsibilities

• Translate Scope of Work (SOW) requirements into an integrated asset management assessment framework.

• Review asset management policies, strategies, objectives, governance structures and decision-making responsibilities.

• Develop and assess asset hierarchy, criticality methodology, asset health index and risk assessment matrices.

• Establish lifecycle-costing frameworks and risk-based investment prioritisation models.

• Review maintenance strategies and asset lifecycle processes across design, procurement, construction, commissioning, operations, maintenance and renewal.

• Evaluate asset portfolio health, performance, risk exposure and maintenance effectiveness.

• Lead ISO 55000/55001-based asset management gap assessments.

• Identify improvement opportunities and develop implementation roadmaps aligned with international asset management principles.

• Facilitate workshops and discussions with senior management, engineering, maintenance and operations teams.

• Present assessment findings, recommendations and strategic improvement plans to stakeholders.

Mandatory Requirements

• Bachelor's degree in Mechanical, Electrical, Civil Engineering or a related engineering discipline.

• Minimum 15 years of professional experience in asset management, preferably within power transmission utilities.

• Strong working knowledge of ISO 55000 / ISO 55001 asset management standards and implementation principles.

• Proven experience in asset lifecycle management, including planning, design, procurement, construction, commissioning, operations, maintenance and renewal.

• Experience developing asset policies, strategies, governance frameworks and asset management objectives.

• Hands-on expertise in asset criticality assessment, asset health indexing, risk matrices and portfolio-level risk models.

• Experience in lifecycle costing, maintenance strategy and risk-based capital investment prioritisation.

• Ability to lead asset management assessments, audits, gap analyses and improvement roadmaps.

• Relevant professional certification such as IAM Certificate/Diploma or ISO 55001 Lead Auditor/Implementer.

• CMRP certification will be an added advantage.