Senior Development Manager

Responsibilities

• Conceptualize and recommend project ideas as directed by Management to meet the corporation's vision and mission.
• Define general outlines for the project's desired design standards and solutions in coordination with Design teams to ensure alignment with the asset development plan.
• Evaluate asset development opportunities from design inputs to ensure effective enhancement of asset development.
• Assist in developing and managing project Development Briefs to define strategy and guide Development Plans and Design Briefs.
• Ensure development plans incorporate community needs and align with the overall vision for assigned SDC downtowns.

Financial Feasibility Studies

• Develop business cases, feasibility studies, and financial models for assigned real estate projects using Estate Master.
• Review technical feasibility studies in coordination with relevant parties.
• Coordinate with Finance on financing strategy and assumptions for feasibility studies and financial models.
• Ensure coordination with Design and Delivery on initial costs, schedules, and feasibility updates.
• Update feasibility studies and financial models regularly and communicate projections to stakeholders.

Market Research and Analysis

• Stay current with market and industry developments and leverage connections to build and sell profitable properties.
• Conduct market research to appraise development opportunities.
• Ensure market research is reflected in design and development briefs.

Stakeholder and Authority Liaison Management

• Liaise with internal and external stakeholders and designers to maximize asset potential and meet operational constraints.
• Ensure statutory requirements are reflected in design and development.
• Prepare and monitor authority liaison track.
• Identify and monitor authority liaison risks.

Project Management

• Collaborate across departments and stakeholders to maintain program and deliver objectives.
• Support development directors in managing projects to achieve objectives.
• Provide expertise throughout the development process to ensure alignment with best practices and legislative requirements.
• Monitor project management and construction activities for adherence to plans, budgets, and specifications.
• Implement changes early to maximize property portfolio potential.
• Develop procurement strategy for design and delivery.
• Monitor and control project program.
• Oversee payments and ensure contracts are administered in clients' best interest.

Job Requirement

• Bachelor's degree in Real Estate, Architecture, or Construction-related Engineering
• Postgraduate degree in Real Estate or MBA preferred
• 10-12 years of experience in Real Estate Development or related field, including 3 years in managerial roles
• Minimum 3 years of senior-level experience within the GCC, ideally KSA