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NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.
As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.
As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.
Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you!
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ROLE OVERVIEW
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The Senior Development Manager is responsible for taking a leadership role an managing the day-to-day activities development of a mixed-use portfolio in an assigned neighbourhood in a module in The LINE from concept design through delivery and handover and occupation.
The assets within the neighbourhood will include residential, retail, hospitality and commercial offices along with civic and cultural facilities and open public spaces. The role will require close working with the urban planning designers, Neom Sectors, Core Real Estate teams and financial modelers, to implement the project in accordance with the project vision, the development program and the business case
The Senior Development Manager shall assist in the management of the creation of strategies and programs to optimise the commercial and financial returns for all assets. This will include market assessment, value creation strategies, phasing, marketing strategies and investor attraction.
The Senior Development Manager shall also provide leadership that promotes a culture of development excellence that elevates the quality of built assets, maximizes financial performance and delivers the NEOM vision.
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REQUIREMENTS SUMMARY
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- Good knowledge of, and be conversant with, development of concept strategies, development programs, feasibility modelling and business cases for large urban developments.
- In-depth understanding of economic and business strategies for property development.
- The ability to utilise rational judgement and lead with problem-solving and make effective decisions in a fast-paced and changing environment.
- Proven ability to manage and prioritize multiple, design and development related tasks simultaneously.
- Proven ability to build professional relationships and trust, with colleagues and internal and external stakeholders alike, use interpersonal skills to build effective relationships across all levels of the organization.
- Ability to prepare briefing documents, procure, engage and manage contracts for consultants and suppliers
- Uphold ethical standards in all stakeholder interactions and communications.
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ROLE ACTIVITIES & ACOUNTABILITIES
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- Report to the Development Director, manage co-ordinate and direct specific aspects of the development of assets and neighbourhoods on The LINE.
- Work closely with the Development Director and the Proponent team to develop and implement visions, concept strategies, programs and business cases
- Manage the day-to-day development management activities
- Oversee the preparation of recommendations for endorsement for all of project proposal before proceeding to master planning phases.
- Convene and lead value engineering cost-effectiveness workshops.
- Assist in / work on Identifying and define strategy for delivery of the phasing and the development strategy, in coordination with all required NEOM Sectors and Departments.
- Manage stakeholder relationships at all levels, particularly any joint venture stakeholders.
- Be an integral part of the team overseeing, leading and mentoring, direct and outsourced completion of all aspects of the development process including legal framework, contract negotiations, procurement, consultant/contractor appointment and project execution.
- Ensure all technical procedures adapted meet with approved NEOM corporate operational objectives and Plans of Works.
- Stay informed about real estate market and industry conditions and apply them to The LINE
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ROLE COMPETENCIES & ACTIVITIES
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- Excellent communicator (verbal and written) and a good command of English and ability to prepare and deliver presentations, reports, and other communication materials tailored to stakeholder needs
- Be proactive and self-starting, and provide leadership in collaboration within the team, particularly when under pressure
- Ability to chair and lead project meetings and workshops
- Fully computer literate, proficient in Microsoft Office applications, Microsoft Project, document management software and a good knowledge of EstateMaster, Aconex, Revista and Power BI is desirable
- Excellent understanding of empirical project control functions and tools: scheduling, measurement, risk and value assessment and how to apply them to measure project activities and outputs
- Familiarity with good reporting and governance processes ideally in a government enterprise
- Ability to promote transparency and accountability in all interactions with stakeholders.
- Ability to utilize data and analytics to drive strategies and decisions..
- Embrace and promote NEOM’s culture and Values https://www.neom.com/en-us/about.
- Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
- Adhere to NEOM’s Policies, procedures, and controls to ensure compliance with rules.
Culture and Values
- Embrace NEOM’s culture and Values https://www.neom.com/en-us/about
- Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
- Maintain fair, ethical and professional work practices in accordance with NEOM’s Values and Code of Conduct.
- Adhere to NEOM’s Policies, procedures, and controls to ensure compliance with rules.
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EXPERIENCE & QUALIFICATIONS
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Knowledge, Skills and Experience
- 10+ years extensive experience in the development and delivery of multi-asset and multi-disciplinary, complex developments, at least 5 of which in Development Manager’s role.
- Experience in very large, high density, high rise mixed-use developments, preferably over $1.0 billion end value or 500,000sqm floor area.
Qualifications
- Bachelor’s degree in Business Administration, Economics, Real Estate, Architecture, Master Planning or Engineering from an accredited university
- An MBA or Master’s degree in a relevant discipline is desirable
- Professional registration and accreditation with Economics, Real Estate, Engineer or Urban Design Institute i.e., MACCE, MIED, CARB, PE, MICE, PMP etc.
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