General Manager, Development

MRG Global; Riyadh; On-site; SAR 893,000 - 949,000; Full time

Benefits offered by this job

Family medical insurance

Education allowance for up to three/3-

Annual business-class flight allowance

30 days annual leave

Job summary

MRG Global in Saudi Arabia seeks a General Manager, Development to lead end-to-end development from origination to delivery. You will source opportunities, build the investment case, secure land and funding, and drive projects with external partners and internal teams.

The role demands a deep Saudi market network, proven track record with a major developer, and the ability to move between landowner discussions, investment propositions, and project execution.

Qualifications

• Proven ability to lead complex development from origination to delivery.
• Strong track record with a recognised Saudi real estate developer.
• Experience evaluating land and investment viability.

Responsibilities

• Identify and originate development opportunities across Saudi Arabia.
• Build investment cases, secure land and capital, and manage partnerships.
• Lead feasibility, design, procurement, and construction through completion.
• Develop and grow the development pipeline with external and internal stakeholders.

Skills

Development leadership

Land acquisition

Investment appraisal

External partnerships

Job description

MRG has been retained on a confidential search for an established privately owned Saudi real estate developer seeking to appoint a General Manager, Development.

This is a broad development mandate combining opportunity origination, investment, business development and project delivery.

We are looking for someone who can find the opportunity, build the investment case, secure the land and capital, and then deliver it.

The General Manager will play a central role in growing the company's development pipeline across Saudi Arabia, identifying proprietary investment opportunities while also securing projects and partnerships with external landowners, investors and institutions.

A strong network matters. The successful candidate should already have meaningful relationships across the Riyadh and/or Eastern Province real estate market and be capable of turning those relationships into development opportunities.

Alongside growing the pipeline, the General Manager will lead developments from feasibility through design, procurement, construction and completion, while building the internal team required to support the business as it expands.

We are particularly interested in candidates who can demonstrate:

• A substantial track record with a recognised Saudi real estate developer.


• Direct involvement in originating development opportunities.


• Experience sourcing and evaluating land.


• Strong understanding of development feasibility and investment appraisal.


• Experience working with investors, funding partners and joint venture structures.


• Evidence of winning new projects, partnerships or development mandates.


• Development experience spanning inception through delivery.


• Strong commercial judgement alongside a sound understanding of design and construction.


• An established senior network in Riyadh and/or Al Khobar and the Eastern Province.


• Experience building and leading development teams.

This is unlikely to suit someone whose career has focused principally on the execution of projects originated and structured by others.

The client is looking for a development professional who is comfortable moving between a landowner discussion, an investment proposition, a commercial negotiation and the realities of taking a project through delivery.

The position is based in Saudi Arabia and is being handled on a strictly confidential basis. The identity of the client will be disclosed to suitable candidates during the interview process.

The package is expected to fall between SAR 80,000 and SAR 85,000 per month, depending on experience, together with a performance bonus of approximately 3-4 months' salary, family medical insurance, education allowance for up to three children, annual business-class flight allowance, 30 days' annual leave and additional company benefits.