Director - Development Strategy

Overview

This role focuses on guiding the development efforts within Qiddiya's Residential Business Unit, collaborating closely with several teams to optimize a diverse property portfolio. Products must appeal to demographic segments that evolve as the masterplans mature.

The position requires balancing strategic planning and hands-on portfolio management, informed by market intelligence to formulate actionable strategies and advice.

Key Responsibilities

• Formulate development strategies tailored to Qiddiya's varied products and align these with market demands.
• Spot and evaluate short-term land-use possibilities targeting the residential sector.
• Identify challenges in the real estate market, appraise risks linked to launching residential properties, and devise appropriate mitigation plans.
• Analyze multiple real estate offerings suitable to Saudi Arabia, recommending the best-fit products at each milestone based on thorough market studies.
• Contribute to the product innovation initiatives via benchmarking activities.
• Coordinate with development, design, and delivery teams to uncover efficiencies across Qiddiya's range of products.
• Develop procurement strategies encompassing scope definition, consultant evaluation, contract awarding, and consultant management.
• Assist in managing relationships with key stakeholders and pinpoint strategic partners across various workstreams.
• Prepare presentation materials for intermediate leadership panels, senior management, and the Board of Directors.

Required Qualifications and Experience

• A bachelor's degree in engineering or finance is mandatory; an MBA is highly desirable.
• At least 3 years of experience in management consulting is required, with 6 or more years preferred.
• Deep knowledge of real estate products through management consulting projects or prior employment within the real estate sector is strongly preferred.