Commercial Manager - High-End Residential Development in City of London

Energy Jobline ZR; City Of London; On-site; GBP 65,000 - 85,000; Full time

Job summary

A luxury residential developer in London is seeking a commercially minded professional to oversee commercial management across their projects. This pivotal role involves leading all commercial aspects, managing budgets, and providing insights to challenge costs. The ideal candidate will have a strong background in cost management, relevant client-side experience, and ideally be MRICS qualified. This position offers an autonomous environment with opportunities to shape the commercial function.

Benefits

Hands-on role

Opportunity for growth

Qualifications

• Strong background in cost management and commercial delivery.
• Client-side or consultancy experience essential.
• Excellent understanding of contract management.

Responsibilities

• Leading on all commercial aspects across multiple development projects.
• Managing budgets, cost plans, and development appraisals.
• Overseeing procurement and tender processes.

Skills

Cost management

Commercial delivery

Contract management

Procurement

Cost reporting

Education

MRICS qualification (or working towards it)

Job description

Job Description

Cobalt is working with a luxury developer delivering some of the most beautifully designed, high-quality residential and mixed‑use projects in London. They are now seeking a commercially minded professional to take ownership of all commercial activity across their growing portfolio.

The Role

This is a pivotal position within a small but highly experienced development team, responsible for overseeing the full spectrum of commercial management from early feasibility through to project completion.

Key responsibilities include:

• Leading on all commercial aspects across multiple development projects.
• Managing budgets, cost plans, and development appraisals in coordination with external QS consultants.
• Overseeing procurement and tender processes alongside Project Managers.
• Managing contracts, valuations, and change control procedures.
• Providing commercial insight to drive value and challenge costs at every stage.
• Building and mentoring a small commercial team as the business continues to grow.

This is an excellent opportunity for someone who enjoys working in a client‑side environment and wants to take genuine ownership of the commercial function within a design‑led developer.

Skills & Experience Required

• Strong background in cost management and commercial delivery, ideally in the high‑end residential, hospitality, or luxury retail sectors.
• Client‑side or consultancy experience essential – not contractor‑side.
• MRICS qualification (or working towards it).
• Excellent understanding of contract management, procurement, and cost reporting.
• Ability to interrogate costs, challenge consultants, and drive financial performance across projects.

What’s on Offer

• A hands‑on, autonomous role within a respected and design‑led developer.
• Opportunity to shape and grow the commercial function internally.

Next Steps

Interviews are ongoing, so apply now to avoid missing out.

Due to the volume of applications received, if you don’t hear back from us, please assume your application has been unsuccessful on this occasion.

If you require any adjustments or additional support during the recruitment process for any reason whatsoever, please let your Cobalt consultant know.

If you are interested in applying for this job please press the Apply Button and follow the application process. Energy Jobline wishes you the very best of luck in your next career move.