Executive Director Commercial Development

Parsons; Jeddah; On-site; SAR 400,000 - 600,000; Full time

Job summary

A global project development firm is seeking a Commercial Development Director in Jeddah, Saudi Arabia. This pivotal role involves leading strategic planning and managing commercial initiatives while fostering partnerships to drive growth. The ideal candidate will have extensive experience in commercial real estate and demonstrate strong leadership and financial acumen. By joining, you will oversee project development, team growth, and stakeholder engagement while ensuring alignment with client visions and market trends.

Qualifications

• 25 years of experience in commercial real estate development and business growth.
• Proven track record of delivering large-scale commercial projects in the Middle East or similar markets.
• Strong understanding of commercial leasing and asset management.

Responsibilities

• Develop and implement the commercial development strategy.
• Identify and evaluate new business opportunities and partnerships.
• Provide leadership and direction to the commercial development team.
• Foster a culture of collaboration, innovation, and excellence.
• Develop and manage budgets for commercial development projects.

Skills

Leadership

Strategic thinking

Financial acumen

Negotiation skills

Stakeholder engagement

Education

Bachelor’s degree in Engineering / Construction management, Real Estate, Urban Planning, or a related field

Job description

In a world of possibilities, pursue one with endless opportunities. Imagine Next!At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what’s possible.

Job Description:

Parsons is looking for an Commercial Development Director to join our team.

The Commercial Development Director will lead the strategic planning, execution, and management of commercial development initiatives within the project. This role is pivotal in driving the commercial success of the organization by identifying opportunities, fostering partnerships, and ensuring the delivery of high-value projects aligned with client vision of transforming cities into a global destination.

The ideal candidate will have a proven track record in commercial real estate development, business growth, and stakeholder management, with a strong understanding of the regional and international market dynamics.

What You'll Be Doing:

• Develop and implement the commercial development strategy in alignment with the client overall vision and objectives.
• Identify and evaluate new business opportunities, partnerships, and revenue streams to maximize commercial growth.
• Provide leadership and direction to the commercial development team, ensuring alignment with organizational goals.
• Recruit, mentor, and develop a high-performing commercial development team.
• Foster a culture of collaboration, innovation, and excellence within the department.
• Develop and manage budgets for commercial development projects, ensuring financial performance aligns with company targets.
• Monitor market trends, competitor activities, and economic conditions to inform decision-making and mitigate risks.
• Drive operational efficiency and innovation in commercial development processes.
• Build and maintain strong relationships with key stakeholders, including government entities, investors, developers, and tenants.
• Represent the client in negotiations, presentations, and industry events to promote the company’s commercial portfolio.
• Act as a key point of contact for partners and clients, ensuring their needs are met and expectations exceeded.
• Oversee the planning, design, and execution of commercial projects, ensuring they meet quality, budget, and timeline expectations.
• Collaborate with internal teams (e.g., design, construction, finance) and external stakeholders to deliver world‑class commercial assets.
• Ensure compliance with local regulations, sustainability standards, and best practices in commercial development.

What Required Skills / Qualifications You'll Bring:

• Bachelor’s degree in Engineering / Construction management, Real Estate, Urban Planning, or a related field with 25 years of experience.
• Proven track record of delivering large‑scale commercial projects, preferably in the Middle East or similar markets.
• Strong understanding of commercial leasing, asset management, and investment strategies.
• Exceptional leadership and strategic thinking abilities.
• Strong financial acumen and experience in budget management.
• Excellent communication, negotiation, and relationship‑building skills.
• Knowledge of local and international real estate markets, trends, and regulations.
• Visionary leadership with the ability to inspire and drive results.
• Strategic decision‑making and problem‑solving skills.
• Collaborative mindset with a focus on stakeholder engagement.
• High adaptability to dynamic and fast‑paced environments.

Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.

We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!

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