Development Director - Urban Transformation

Overview

Lead strategic planning, finance, and execution of mixed-use urban development in Riyadh.

Key Responsibilities

• financial modelling
• business case
• market analysis
• stakeholder engagement
• team leadership
• transaction structuring

Tasks

-Partner with PMO, governance, and legal teams to structure MoUs, PPPs, and JV arrangements with local and international developers. -Translate masterplans into implementable strategies, including phasing, operator partnerships, sales/lease frameworks, and investor positioning. -Proactively identify and mitigate risks related to design, delivery, phasing, or financial assumptions. -Facilitate strategic workshops, design reviews, and financial briefings, ensuring all outputs are cost-effective, timely, and aligned with program strategy. -Define and drive the vision, structure, and market positioning of major development assets within the program’s regeneration portfolio. -Lead financial modelling, business case preparation, and scenario testing to ensure projects deliver strong outcomes (NPV, IRR, revenue, capex efficiency). -Monitor market dynamics, absorption trends, and demand indicators to refine development strategy. -Oversee the regeneration portfolio to balance near-term returns with long-term placemaking and socio-economic objectives. -Development phasing, operator models, and transaction structuring. -Engage directly with senior stakeholders, government entities, sovereign wealth funds, and private investors—to align development outcomes with national objectives. -Shape and implement pricing, market-entry, and operator strategies across multiple asset classes. -Act as a trusted advisor to leadership, presenting scenarios, risks, and strategic recommendations. -Build, mentor, and lead multidisciplinary development teams (managers, analysts, consultants, contractors).

Requirements

• financial modelling
• leadership
• sovereign wealth
• 20+ years
• international
• ppps

What You Bring

-Visionary leadership in development strategy & portfolio management. -Strong track record working with sovereign wealth funds. -Expertise in financial modelling, pricing strategy, and scenario planning. -15–20+ years of international experience in large-scale real estate development, regeneration, and mixed-use projects. -Advanced financial modelling, investment analysis, and pricing strategy. -Significant experience gained in Western markets (North America, Europe, or equivalent global hubs), bringing international best practices into the Saudi context. -Proven leadership in structuring and delivering at least 5 major, high-value developments. -Outstanding communication, negotiation, and presentation skills. -Significant exposure to PPPs, JVs, and complex development deal structures.

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About Socotec

-SOCOTEC is a global leader in testing, inspection, and certification (TIC) services, founded in 1953 and headquartered in France. -The company specializes in ensuring the integrity of assets and safety of people across various industries, with a strong focus on construction and infrastructure sectors. -SOCOTEC operates in 27 countries across five continents, serving over 250,000 clients worldwide. -The group reached €1 billion in revenue in 2021, doubling its size in five years, with 50% of turnover coming from international operations. -SOCOTEC's services include technical verification, geotechnical engineering, environmental safety, and training programs throughout the project lifecycle. -The company has completed numerous acquisitions to expand its global footprint, including recent strategic purchases in the UK and US markets. -SOCOTEC aims to achieve a turnover of €2.4 billion by 2028, with 60% expected to come from international activities. -The company provides specialized services such as LEED certification consulting, sustainable project certifications, and interior wellness planning. -SOCOTEC has worked on high-profile projects like The Discovery Channel Headquarters in New York (WELL Platinum certified) and 1 Vanderbilt Office Tower (WELL Core Platinum certified). -The group's expertise extends to emerging areas such as renewable and decarbonized energies, reflecting its adaptation to evolving industry needs.

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