CEO Real Estate Development

Suitably qualified candidates are invited to apply for the CEO Real Estate Development role.

The CEO Real Estate Development will have the responsibility to lead the real estate business’ growth including the holistic management of the business’ activities from end to end. He/she will actively prospect and establish partnerships with key stakeholders, oversee developments plans and execution activities for all development lands held or managed within the Group and its affiliates. The role will include oversight of all aspects of development, including negotiations with partners and co-developers, consultant management, financial review and ultimate project oversight of construction.

Main Responsibilities

1. Responsible for setting and driving the real estate business’ long-term strategic direction.
2. Strengthen the focus on sustainability and innovation, ensuring to highlight ESG friendly practices and energy efficiency.
3. Managing the planning, design, bidding and construction phases to ensure that projects are within agreed schedule, standards and financial metrics.
4. Recruit, hire or contract and manage development professionals, including project managers, engineers, architects, among others.
5. Determine and procure resources required for the completion of development plans for parcels of land as per agreed prioritization schedule. Negotiate contracts with suppliers, service providers and consultants.
6. Actively engage with resort and commercial developers that undertake projects within the Latin America and Caribbean regions and achieve commercial agreements for co-development opportunities.
7. Play a pivotal role in capital raising and forming partnerships with key stakeholders, including financial institutions and co-developers, to secure financing for development projects.
8. Support Chief Investment Strategist and Investment Banking Unit in structuring of development opportunities and engagement of investors and funders for projects.
9. Ensure an appropriate risk management and compliance framework. Identify and formulate a framework to actively mitigate against risks within the development process. Ensure compliance with required regulations and obtain necessary permits and approvals.
10. Provide positive stakeholder engagement and maintain the Group’s reputation through promotion of sustainable development practices and deliberate efforts to reduce environmental impact. Ensure appropriate safety and stakeholder communication frameworks are in place.
11. Establish and maintain a robust control and report framework to ensure adequate reporting to internal stakeholders and efficient and effective use of resources.

Key Performance Indicators

1. Development of plans and budgets that will credibly achieve desired return on capital and risk profile.
2. Timely execution of development projects within budget and scope, while enhancing the corporate profile of the Group.
3. Effective stakeholder engagement, especially with government entities and local communities.
4. Establishment of relationships with major developers and financiers within the resort and commercial real estate sectors within the Caribbean.
5. Build positive relationships with environmental, local government and other approval authorities.

Minimum Required Qualification and Experience

1. Bachelor’s degree in General Management, Engineering, Architecture, Construction Management, Urban Planning, Real Estate Development or a related field.
2. Professional Certifications:  Relevant certifications such as Professional Engineer (PE) licence or Project Management Professional (“PMP”) is advantageous.
3. Familiarity with energy efficiency standards and other environmental and social responsibility standards.
4. At least 10 years’ experience in real estate development and construction management. Track record in formulation and execution of real estate development projects, preferably resort developments.
5. A track record of leading large-scale real estate developments, particularly in resorts or commercial mixed-use projects.
6. Strong relationship management skills and demonstrated experience in negotiating with senior business executives, government officials and financial institutions.
7. Familiarity with development approval process and contractor management within the Caribbean or Latin America.
8. Demonstrated ability to establish and dynamically manage teams, including in house personnel and a varied range of professional service providers and consultants.