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Senior Legal Counsel - Real Estate and Finance

Date: Mar 6, 2021

Location: Riyadh, SA, 12382

Company: Qiddiya

Qiddiya Investment Company (QIC) is driving the development of Qiddiya Saudi Arabia’s Capital of Entertainment, Sports and the Arts. As a core tenet of Vision 2030, Qiddiya has a dual economic and social purpose: to advance economic diversification and unlock new professional pathways while enriching lives of youth in the Kingdom. 


Qiddiya is located south-west of Riyadh on a site that spans 334 sq.km. Phase one is set to open in 2023. 
Visitors will enjoy activities across five cornerstones: Sports & Wellness; Nature & Environment; Parks & Attractions; Motion & Mobility; and Arts & Culture. Development of these areas will give rise to family-friendly theme parks; sports arenas suitable for international competitions; academies for sports and the arts; concert and entertainment venues; racetracks for motorsport enthusiasts; outdoor and adventure activities alongside nature and environment experiences; and historical, cultural and educational activities. Qiddiya will also include a variety of real estate options and community services.

 

General Summary

Manage wide variety of legal matters relating to the practice area of Real Estate and Development by driving and advocating for Qiddiya Investment Company’s interests with relevant government authorities and stakeholders in relation to regulations that affect QIC’s Real Estate and Finance interests.

 

Essential duties and responsibilities

  1. Support in the development of the Real Estate and Finance strategy to achieve QIC’s strategic objectives.
  2. Participate in the development and enforce the implementation of Real Estate and Finance policies, processes, procedures and controls.
  3. Assist in the development of Real Estate and Finance budget in alignment with the organization budgetary requirements to allow effective delivery of desired objectives.
  4. Handle all real estate legal contracts including HMA’s, SPAs, Lease Agreements and other related agreements that amount to tens of millions of SAR.
  5. Provide ad-hoc legal advice as requested from the business team and dealing directly with senior and executive management in the area of real estate.
  6. Handle all general legal matters that relate to real estate such as leasing, mortgages, landlord tenant matters.
  7. Conduct continuous development and update of the Master Community Charter (MCC) which covers the entire development area and sets legal governance in the area of real estate for the entire development area.
  8. Manage real estate related projects and transactions that involve M&A and JVs
  9. Advocate for QIC’s interests in terms of draft real estate regulations and special treatments of the Qiddiya Community.
  10. Review and negotiation of contracts, NDAs, and MoUs with a potential impact of millions of riyals.

 

Job Specification

 

Qualifications

  • Bachelor’s Degree in Law or related field
  • Post graduate degree in LLM (master’s in law from a western university), or Juris Doctorate) is preferred

Professional Certifications

(if required)

License to Practice in relevant jurisdiction is preferred

License to practice in a common law jurisdiction is preferred.

Years of Experience

11-15 preferred total years of relevant experience

 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.


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