Director Retail Asset Management📣 Job Ad

About the Role

Mindfield Resources is seeking a Director Retail Asset Management for a leading real estate organization in Saudi Arabia. This full-time position is based in Dammam, Eastern Province, and involves leading the overall performance of a major retail destination.

Role Overview

This is a senior leadership role with end-to-end accountability for the retail asset's commercial, financial, and operational performance. The Director will function as the business leader for the asset, focusing on driving occupancy, tenant performance, footfall, revenue, profitability, and customer experience. The role requires close collaboration with centralized Leasing, Finance, Marketing, and Projects teams.

Key Responsibilities

• Manage the retail asset's annual business plan, operating P&L, revenue, OPEX, and overall commercial performance.
• Drive occupancy rates, tenant sales, footfall, collections, Net Operating Income (NOI)/EBITDA, and overall asset performance.
• Lead the mall's tenant mix strategy, identifying category gaps and opportunities to enhance the retail proposition.
• Collaborate with the Leasing team to attract anchor, flagship, destination, and strategic local/international brands.
• Build and maintain senior relationships with key tenants to drive tenant retention and performance.
• Monitor vacancies, renewals, the leasing pipeline, and upcoming lease expiries.
• Oversee tenant fit-out processes and opening readiness, ensuring stores open within agreed timelines.
• Lead overall mall operations, including customer experience, security, housekeeping, parking, and service delivery.
• Ensure effective facilities management, asset performance, Health, Safety, and Environment (HSE) compliance, and service-provider management.
• Lead the mall management team and maintain strong relationships with tenants, authorities, contractors, and other stakeholders.

Qualifications and Experience

• A minimum of 10 years of relevant experience in retail asset management.
• Demonstrated leadership experience in managing large-scale retail destinations.

Work Type and Location

This is a full-time position located in Dammam, Eastern Province, Saudi Arabia.

Application Process

Salary details for this position will be disclosed during the interview process.