PURPOSE OF THE ROLE


The Development Manager is responsible for the development process of several real estate projects in multiple jurisdictions. The Development Manager leads and oversees the financial and operational aspects of real estate development projects.

KEY TASKS & RESPONSIBILITIES (include but are not limited to)


Project management

• Support realization of development opportunities from pre-development through to hand-over to the in-house operations team. This includes coordinating with architects, engineers, contractors, and other internal and external stakeholders to ensure projects are completed on time and within budget.

• Provide oversight and direction during the construction phase of development projects, ensuring quality control, monitoring progress, and addressing any issues or delays that arise.

• Identify and assign 3rd party technical staff on a project to project basis; negotiate fees and terms and conditions.

• Produce and update the Development Plan at key project gateways detailing risk management mitigation initiatives.

• Collaborate with the in-house operations team to ensure a seamless hand-over ahead of operationalization of the assets.

• Ensure all relevant approvals are gained from key internal/external stakeholders.

Acquisition and Due diligence

• Conduct required technical due diligence processes and feasibility optioneering related to potential acquisitions.

• Work with colleagues and advisors to build development cases and collate the project brief.

Financial Analysis and Budgeting

• Oversee the preparation of weekly, monthly and quarterly reporting packages, metric information, and other similar presentations.

• Manage project programme scheduling, financial reporting focusing on capex budgeting and cashflows, project documentation and control.

Regulatory Compliance

• Arrange for compliance with zoning regulations, building codes, environmental regulations, and other legal requirements throughout the development process.

• Ensure Health and Safety compliance throughout the development project cycle.

• Achieve Sustainability ESG targets.

Other

• Work with internal teams such as finance, commercial, and operations to support budgeting, risk management and long-term operational success of the assets.

• Monitor the local markets to assess changing dynamics and make timely recommendations.

• Additionally, it may be required to perform various duties and responsibilities beyond those outlined in this role profile job description as needed.

Team Leadership

• Motivate and inspire team members and colleagues; foster a positive, inclusive, and collaborative work environment in which team members can perform and develop to the best of their abilities.

• Establish performance goals and objectives for team members, conduct regular performance evaluations, and provide constructive feedback to support their professional growth and development.

• Uphold ethical standards and promote compliance with organizational policies, procedures, and regulatory requirements among team members.

Requirements
QUALIFICATIONS

• Master degree in urban planning, engineering, real estate, architecture or a related-field.

EXPERIENCE

• 8+ years of professional work experience in real estate development; experience with a wide range of projects, with a preference for housing and urban mixed-use.

• Strong working knowledge of the development approval process.

• Ability to read and interpret various land-use, surveyor, engineers and architectural drawings.

• Proficiency in financial models for real estate development projects, ability to assessment and are able to assess the impact of changes; experience creating and maintaining financial models using Excel and/or valuation software would be considered an asset.

• Experience in building and maintain relationships at all levels of an organization with multidisciplinary teams.

• Fluency in working English and Italian is mandatory, additional language(s) is/are an asset.

KEY PERSONAL SKILLS & TRAITS

• Time Management: Skill in prioritizing tasks, managing multiple projects simultaneously, and adhering to project timelines to ensure efficient project delivery and avoid costly delays.

• Attention to Detail: Thoroughness in reviewing project documents, contracts, and regulatory requirements to ensure compliance and minimize the risk of errors or oversights that could impact project outcomes.

• Construction Knowledge: Basic understanding of construction principles, techniques, and materials to effectively oversee construction activities, identify potential issues, and ensure quality control during the build phase.

• Problem-Solving Skills: Aptitude for identifying potential challenges and obstacles in the development process and implementing practical solutions to address them in a timely manner.

• Risk Management Abilities: Capability to assess and mitigate project risks related to market volatility, regulatory changes, construction delays, and other factors that may impact project outcomes, profitability, and investor returns.

• Team Player: Strong ability to communicate effectively with diverse stakeholders and lead project teams, fostering collaboration, motivation, and clear direction to ensure project success.